This post continues our series on how we use Workday Adaptive Planning to solve problems. Each blog post focuses on a real-world client experience where Revelwood was presented with a unique or thorny problem.  We’ll explain our approach to how we solved it.

Revelwood Client: A SaaS company that is a next-generation online data provider for insurers. 

Problem: Budgeting and Forecasting for a SaaS Business Model

Scenario: 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.  

How We Helped: We built a revenue model that incorporates annual recurring revenue. It enables the company to drill down into P&L data. 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. 

Do you have a challenge you’d like to leverage Workday Adaptive Planning for? Reach out to us – we can help!