Keen to remove complexity in the process, increase forecast accuracy, and create a model that would ensure compliance with APRA banking regulations, leading Australian financial services provider Bankwest used the Board Intelligent Planning platform to create a multi-dimensional approach to financial forecasting that replaced a reliance on spreadsheets. The bank now has increased confidence in decision-making in the complex, volatile banking environment, has dramatically increased the efficiency of the process, and is confident its activities are APRA compliant.
Our product teams no longer forecast – they completely trust us to do their forecasting now. The efficiency in that is huge.
Andrew Hodgson
Senior Manager, Operations, Products, And Analytics
