Learn how Alight + Workday Adaptive Planning helped to transform VEIC's budgeting and forecasting processes, with financial results now produced in hours versus days.
Prior to implementing Adaptive Planning, Vermont Energy Investment Corporation (VEIC) was producing its monthly forecasting using Excel. Due to VEIC’s very complex business model, this made spreadsheet forecasting unsustainable.
VEIC collects their forecast from the bottom up rather than a top-down approach from leadership which results in the involvement of a lot of stakeholders. Having a central place for everyone to submit a detailed forecast was critical.