Customers

Workday and RATP Dev

RATP Dev, a wholly owned subsidiary of RATP Group, operates bus, rail, and dial-a-ride transportation services in metropolitan cities across the United States.

Workday products: Enterprise Planning

Since we’ve implemented Workday Adaptive Planning, we’ve cut down our budgeting period from 8 weeks to 4 weeks, which has been really impactful to our business in achieving our financial goals.

Controller and Lead Digital Transformation

RATP Dev Manages Growth with Cloud-Based Planning

The finance team at multimodal transportation enterprise RATP Dev knows something about growth and complexity. Serving more than 1.5 billion passengers each year in 14 countries across 4 continents, RATP Dev operates in some of the world’s most dense transportation networks. For the finance team, this translated into laborious forecast and budget processes using manual spreadsheets across distributed teams, which resulted in a lack of buy-in across leadership and operations. The company needed a better way to manage its growth and complexity. With the help of partner CohnReznick, RATP Dev turned to Workday Adaptive Planning to streamline budgeting and forecasting, increase report accuracy, and improve organizational alignment with KPIs.

Workday Adaptive Planning has given us the ability to spend more time analyzing and planning, rather than keeping track of spreadsheets and versions, and where updates were made and how they were made.

Controller

Challenges

  • Time-consuming budgeting and forecasting—Twice yearly forecasts took four weeks to complete.
  • Unmanageable growth—Manual spreadsheets couldn’t keep up with company growth and made it difficult to consolidate and roll up entities. 
  • Error-prone reporting—Managing an increasingly complex organization using only spreadsheets made ad hoc reporting and what-if scenario planning inefficient and error-prone.
  • Using spreadsheets to capture essential nonfinancial data was nearly impossible, creating a lack of alignment behind KPIs.

Results

  • Streamlined budgeting and forecasting—Time spent forecasting has decreased 50 percent.
  • Strategic growth—RATP Dev adapt to growth strategically and manage the hierarchy changes stemming from that growth.
  • Improved reporting—The finance team creates accurate ad hoc reports and what-if scenarios efficiently, which have greatly increased. companywide agility.
  • KPI alignment—RATP Dev operational managers, executives, and finance leaders are now aligned behind nonfinancial as well as financial KPIs and is able to track data like safety, on-time performance, and so on.

The reception within the business in the field, especially because we’re really a remote-driven company, has been tremendous. So I think that‘s just an endorsement to what I’ll call the ease of use of Workday Adaptive Planning.

Controller