Customer story

Booking.com advances FP&A capabilities in lockstep with hyper-growth

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Industry

Travel Services

Fact

One million bookings every day

Use case

Finance

Challenge

The result of tremendous growth over the last three years is that Booking.com averages over one million bookings within every 24-hour period. Combined with climbing digital travel sales, its hyper-growth caused the company to increase its employee headcount and inventory of properties two-fold. However, the company had to tackle another opportunity: how to evolve its financial planning process in lockstep with such substantial growth.

Solution

To scale and centralize its financial planning process, Booking.com selected Anaplan’s cloud-based platform for its flexibility, robust functionality, and speed. The platform enabled the company to dynamically analyze and refine financial plans in real time across all business levels—and ultimately align different functions of its organization.

Results

Armed with the capabilities of the Anaplan platform, Booking.com has successfully streamlined its cumbersome, manual processes—and greatly reduced the time spent on consolidation and forecasting. By improving operational efficiencies and freeing up time for strategic analysis through the platform, its FP&A team not only has improved productivity and collaboration, but also has access to a more comprehensive and holistic view of the business.

Why Anaplan

The flexibility and adaptability of Anaplan’s cloud-based planning platform allows the team at Booking.com to consolidate quicker, forecast more efficiently and accurately, and support more granular levels of data insight and analysis. The unconstrained, scalable platform also aligns with Booking.com’s corporate culture, allowing the team the flexibility it needs to creatively evolve with changing business conditions.