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Case Study: Apollo Therapeutics goes live on Planful in under 2 months

Apollo Therapeutics Case StudySourced & dated by Case Study Desk
Key facts · TL;DR
Company
Apollo Therapeutics
Industry
Biopharmaceutical
Challenge
Lean team running consolidations and forecasting in risky Excel workbooks
Headline result
Apollo Therapeutics went live on Planful in under two months and cut monthly report refreshes from a couple of hours to seconds

Key results

<2 months
To go live on Planful
consolidated reporting foundation
2 hours → seconds
Monthly report refresh
from manual to automated
12x
Headcount increase supported
with workforce planning

The challenge

Apollo Therapeutics manages more than 20 research programs with up to 600 activities in play at once, but its lean finance team relied on Excel workbooks for consolidations and forecasting. Modeling scenarios and cost profiles in spreadsheets was considered too risky as the company scaled.

The solution

Apollo chose Planful for multicurrency close and consolidation and worked with Planful partner Verostone to go live in under two months, later expanding into operating expense, workforce, and dynamic planning.

What used to take a couple of hours in Excel is now just a quick refresh in Planful.

GC
Gary Collins
VP of Finance, Apollo Therapeutics

The results, in context

Monthly report refreshes that once took a couple of hours in Excel now run in seconds, and Apollo moved from quarterly to monthly reforecasting with minimal additional headcount. Planful supports self-serve reporting for 20-plus department heads and program leads and a 12x increase in headcount through forward-looking workforce planning.

Products used

Planful Planful Close & ConsolidationPlanful Structured PlanningPlanful Workforce PlanningPlanful Spotlight for Microsoft 365