“The role of finance is now moving into a place of more value. We’re not just doing budgets, but providing intelligent data to support better conversations …”

Paul Nobilo, Finance Manager | Gallagher

About Gallagher

When a horse called Joe took too much of a liking to using a car as a scratching post, owner Bill Gallagher Senior scratched his head for a solution. He devised a cunning electrical circuit that delivered a shock whenever the horse rocked the vehicle. This quickly cured the problem and sparked the idea for his electric fence invention.

That was in the early 1930s. By the end of the decade Bill had built his first electric fence and had made a long-term commitment to building a great business that redefined what’s possible for its customers – Gallagher. In 1962, Bill Senior’s son Bill Junior started working on the Gallagher shop floor. Moving up through the ranks, he helped us grow from a company delivering a visionary alternative to conventional fencing into one renowned for technologically superior, highly intelligent and fully integrated animal management systems.

Today, Gallagher is still lead by Bill Junior, now Sir William Gallagher, and we continue to win awards and accolades for innovative and transformational products across our businesses as a global leader of animal management, security, fuel systems and contract manufacturing.

The Challenge

Growth almost always results in a complex structure for planning and forecasting. The finance team was spending three months on annual planning and had limited ability to model and plan for different scenarios.

Growing complexity – With diverse business divisions and distributors in 100 countries, budgets and forecasts were difficult to produce and involved complex calculations, foreign currency conversions and consolidation.

No room for agility – A three-month annual budgeting process and the difficulty of updating budgets and forecasts limited the business’s responsiveness to change.

Lack of budget ownership – Teams didn’t have the tools or data they needed to take control and accountability for their own budgets.

How GK Horizons Helped Gallagher

Implementing the Workday Adaptive Planning cloud solution helped the team to finally step away from the detail and take a more strategic approach. GK Horizons advised on a straight forward approach with minimal configuration that fully leveraged the capabilities of Workday Adaptive Planning.

In my twenty-five years working in finance, Adaptive Insights (Workday Adaptive Planning) is the first budgeting solution I’ve come across that has been this easy and intuitive to use. This ease of use combined with the support we had from GK Horizons allowed us to complete the rollout in the same amount of time it usually takes us to get ready to start the annual budget.

Paul Nobilo, Finance Manager | Gallagher

Results

The rollout was completed in less than six weeks and the benefits were almost immediate. Annual budgets now take just six weeks, and reforecasts can be completed in three days. In addition, business teams now have real-time access to the data they need to manage their own budgets.

Easy and streamlined planning — Workday Adaptive Planning provides a simple structure for budgets and reports and automates complex currency calculations.

Dynamic planning and forecasting — Annual budgeting now takes six weeks, reforecasts can be completed in three days, and the business is moving toward scenario planning based on AI.

Teams empowered and accountable — Teams now have real-time access to finance data and can make changes on the fly to manage their own budgets.

This model helped the group expand into the successful, multimillion-dollar global company it is today.

Get in Touch

To learn more please call us on:

AU: +61 2 8067 8589
NZ: +64 9 283 0669

Alternatively, please use the contact form and we’ll be in touch.

Our Offices:

Level 24 | Three International Towers,
300 Barangaroo Avenue, Sydney, NSW 2000, Australia

Level 23 | Collins Square Tower Five,
727 Collins Street, Melbourne VIC 3008