Texans Credit Union Adaptive Planning Implementation

This case study outlines the implementation of Workday Adaptive Planning at Texans Credit Union, a financial institution founded in 1953. The organization faced challenges with its previous spreadsheet-based budgeting and reporting processes, which were inadequate for its size and complexity. CFO Ben Hart recognized the need for a more efficient solution to provide real-time answers to senior management's questions. The partnership with Revelwood led to the development of a customized budgeting and planning model that integrates various financial data into a dynamic dashboard. This implementation has streamlined budgeting, forecasting, and reporting processes, allowing for better collaboration and decision-making. The case study details how the new system enables department-level visibility into actuals and facilitates scenario planning during executive meetings. The implementation took just a few months, with plans for broader adoption across the finance and accounting departments in the future.