Their finance team was using a legacy budgeting tool that was not well designed, causing complexities for finance and making it difficult for the wider business to adopt. They also had external and disconnected Excel spreadsheet files that were used to supplement the budgeting tool.
QMetrix worked with RACGP to leverage a leading cloud-based budgeting and planning solution, Workday Adaptive Planning, to achieve their goals including:
All-in-one financial planning tool
Accurate budgeting based on drivers
User-friendly tool for both finance and business users
Finance being seen as strategic business partners
After deployment, Robert Stanley, Senior Financial Planning and Analysis Manager at RACGP confirmed, “It is a central solution for all financial planning, easy to use, and has driven greater business collaboration and ownership of the budget. Workday Adaptive Planning is just what we needed.”