How do you move away from spreadsheet-based budgeting, forecasting and reporting for more insight into the operations of the business? With Workday Adaptive Planning.
Apex Entertainment, headquartered in Marlborough, MA, operates four family entertainment centers in the northeast U.S., including Virginia Beach, Syracuse, Albany and Marlborough. Apex offers attractions that are fun for all ages, with activities such as Indoor Go Karts, Bowling, Laser Tag, Escape Rooms, Ropes Courses, Arcade and Redemption, Sports Simulators, Axe Throwing, Mini Gold, Bumper Cars, Virtual Reality and state-of-the-art event meeting space. Each location offers a full-service dining experience in The Pit Stop Tavern, with a menu that includes 80 gluten-free options as well as vegetarian options.
“Relying on Microsoft Excel to manage our financial processes handicapped us more than helped us,” said Marcus Kemblowski, COO, Apex Entertainment. “We needed a solution that gave us insight into how to fix problems and would enable us to manage our business in real-time.”
Apex Entertainment selected Workday Adaptive Planning and Revelwood. The goal of the implementation was to easily see how the business is doing, down to the location and the attraction. Now, with Workday Adaptive Planning, Apex Entertainment has the information available to make strategic decisions. The team can analyze and assess potential expenses regarding forecasted revenue by activity.
“From the get-go, Revelwood clearly understood our business. They immediately knew what we were discussing and hot to get us to where we needed to go,” added Kemblowski.
Apex Entertainment is not done with its plans for Workday Adaptive Planning. “Workday Adaptive Planning can help us to get where we want to go,” commented Kemblowski. “We now can easily perform top-line to bottom-line budgeting and forecasting. The insights generated by the application are invaluable to the company’s growth.
Interested in learning the full story? Read the success story to learn how Apex Entertainment benefits from Workday Adaptive Planning.
Read more blog posts on Workday Adaptive Planning:
FP&A Done Right: ESG – An Imperative for Growth
FP&A Done Right: Forecasting Revenue for Services-Based Businesses: A Growth Factor
