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Branch Group receives Torchie Award for Excellence in Operational Planning

Jul 2, 2019

(L to R) Thomas Bogan- Adaptive, CEO; Fred GeWant- Adaptive, CRO; Jeff Floyd – Branch VP Finance; Jake Bollinger- Branch, Financial Analyst; Bob Wills – Branch CFO and Robert Hull- Adaptive Founder

Branch Group attended Adaptive Insights Annual Global “Adaptive Live” 2019” Conference in Las Vegas May 28, 2019, with 1,600 finance professionals attending from over 600 organizations.

Adaptive Insights, a Workday company (NASDAQ: WDAY), has been named a 2019 Gartner Peer Insights Customers’ Choice for Cloud Financial Planning Analysis Solutions. Gartner defines Cloud Financial Planning and Analysis Solutions as FP&A solutions that support the office of finance’s budgeting, planning, and forecasting efforts. Many also supplement the office’s budgeting and planning process support with modeling, collaboration analytics, and performance-reporting capabilities, to increase its ability to manage performance by linking corporate strategy and execution. The distinguished “Torchie Award” honors companies implementing active planning strategies for business agility.

Branch Group was among the 6 companies to receive this distinction. Branch was awarded for Excellence in Operational Planning and present to accept the award was Chief Financial Officer, Bob Wills and Vice President of Finance, Jeff Floyd and Jake Bollinger, Financial Analyst. With a diverse group of construction subsidiaries, Branch Group, provider of construction management, design-build, general contracting and preconstruction service, needed to simplify and streamline planning and reporting. Using Business Planning Cloud each subsidiary now collaborates and reports to other groups at a project level with geographic, product, and subsidiary dimensionality, driving multiple 24-month forecasting cycles throughout the year. Operational and financial KPIs are reported to managers using dashboards in Business Planning Cloud, giving these decision-makers better planning, reporting, and analytics, and making finance a more strategic partner.

About Branch

Headquartered in Roanoke, Virginia, and serving clients throughout the Mid-Atlantic and Southeastern United States, Branch touches all aspects of the built environment. As a full-service construction solutions partner, Branch is committed to exceptional performance and to developing business relationships sustained by mutual benefit and respect.

Branch has total revenues of over $500 million and a workforce of more than 1,000 employee-owners. Through its Employee Stock Ownership Plan (ESOP), Branch ensures every employee has a vested interest in its success. Visit www.branchgroup.com or branchcareers.com to learn more.

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