Since its inception in 2014 with just one delivery van, Singapore-headquartered Ninja Van Group has scaled significantly, employing over 50,000 staff, including delivery personnel. The company provides last mile logistics and package delivery.
However, as the company grew, it faced mounting challenges in managing financial planning through manual spreadsheets. This method proved both time-consuming and prone to errors, leaving the organisation with a fragmented view of its financial health due to siloed IT systems.
Justina Sim, country head of Ninja Van Singapore, commented, “Aggregating, reconciling, and reporting data was previously a time-consuming and error-prone process, limiting the depth of analysis our FP&A team could perform. The lack of standardised data formats made regional consolidation even more challenging."
Ninja Van has embraced Workday Adaptive Planning to centralise its finance and operations data, enhancing its budgeting processes amid rapid growth and new service launches.
"Now, with Workday's integrated approach, we have a single source of truth for financial data. This empowers our teams to make informed, data-driven decisions that directly support our strategic growth initiatives and enhance our competitive advantage.” Justina Sim
With Workday Adaptive Planning, Ninja Van has streamlined its data management into a unified platform embedded with Workday AI. This upgrade allows for faster, more accurate reporting and deeper analysis, facilitating standardised templates for regional consolidation.
The FP&A team can now efficiently collect and store data from various sources in a shared repository, ensuring up-to-date and accurate information for analyses.
“At Workday, we empower companies like Ninja Van Group to navigate the complexities of multi-market operations with confidence," said Vince Randall, vice president of Adaptive Planning for APAC at Workday. "Our scalable and adaptable solutions streamline financial processes, providing real-time visibility into critical data.”
The implementation of Workday Adaptive Planning illustrates the transformative impact of technology, equipping Ninja Van Group with enhanced financial agility to navigate a dynamic market landscape and pursue its ambitious growth plans with assurance.
