Technology
| Function: | Products: |
| Budgeting, Forecasting | Workday Adaptive Planning |
Challenge
This fast-growing software-as-a-service needed a sophisticated approach to budgeting, planning, forecasting and reporting. The company is a very low-asset organization with minimal CapEx requirements. As a result, they are very focused on their P&L. They needed a model that reflects annual recurring revenue and enables them to manage multi-year planning several years out.
Solution
We built a revenue model that incorporates annual recurring revenue. It enables the company to drill down into P&L data.
Results
This model gives the company insights into future revenue as well as historical revenue. They are able to take all of their P&L data and provide reporting on it to senior management and to the company’s investors.