Story
Guidewire
Bank of AmericaGuidewire at Bank of America: Financial Planning
Bank of America, a financials organization in the United States, uses Guidewire Cloud from Guidewire to support planning and forecasting for FP&A.
Value results
| Category | Value result |
|---|---|
| Productivity | Handoffs in planning and forecasting sit in a shared queue instead of a mailbox trail |
| Risk and compliance | Guidewire Cloud is the governed place FP&A use for planning and forecasting |
| Capability | New joiners can see how planning and forecasting actually runs |
Story
Bank of America grew financial planning faster than the local tools around it. From the United States, financials teams still had to serve customers and internal partners who expected a straight answer. FP&A were the ones stitching the picture together by hand.
Rolling out Guidewire Cloud put planning and forecasting on Guidewire. Guidewire makes core insurance software for policy, billing, and claims used by property and casualty carriers. Bank of America keeps the product in the path where work already happens, so FP&A do not context-switch into a graveyard system used only for audits.
The visible result is steadier planning and forecasting. Financial planning is easier to inspect, and adjacent groups can join FP&A without a guided tour of someone's desktop.
