Workday Adaptive Planning

Workday Adaptive Planning provides business planning through corporate performance management (CPM), sales planning, and workforce planning. Workday Adaptive Planning leads the way for people in companies to collaborate, gain insights, and make smarter decisions faster. Powerful modeling for any size organization, yet so easy for everybody who plans.

Workday Adaptive Planning enables a comprehensive set of cloud-based software solutions supported by a powerful, in-memory technology platform that enables functional and company-wide business planning and built-in analytics at a large scale. Workday for Finance offers purpose-built solutions that allow those closest to the business to plan.

Video Overview

Workday Adaptive Insights Benefits:

• Cut planning, reporting, an close cycles by 70%+
• Engage managers with an easy to use experience (web. Excel, mobile)
• Reduce costs by 90%+ versus traditional on-premise systems
• Get access from anywhere to an always up-to-date application
• Use reporting and visuals to drill into KPIs and trends

Standard and Reporting Features

• Customizable dashboards
• Drill-in functionality within visuals
• Report sharing and collaboration
• Excel, PowerPoint and Word integration for 1-click report updates

Data Discovery and Visualization Features

• Multiple pre-built visualization formats (heat maps, scatter plots, etc.)
• Predictive analytics
• In-sheet visualizations combine real time models with beautiful charts
• Sparklines visualize trends and allow adjustments visually

Platform Features

• Snapshot of External Data
• In-memory data model for faster and more scalable processing
• Multi-Data Source Reporting (Blending)
• Data warehouse / dictionary layer
• Role-based administration with permissions down to the cell level
• Easy integration with Salesforce, NetSuite, Intacct, and MS Dynamics
• End users get what they need without IT

Workday Adaptive Insights for Finance

Active planning is provided via the corporate performance management or CPM software features provided by Workday Adaptive Planning for Finance. The solution can also be described as an enterprise performance management or EPM software.

Modeling

Forecasting capabilities are at the forefront of Workday Adaptive Planning Business Planning Cloud. The software lets you create models of almost any facet of your business.

Financial modeling can be scheduled around your fiscal year, funding schedules, revenue recognition schedules, and more. Forecasts can also be broken down to different sub-levels, such as by program, department, or business unit.

Models Supported:

• Budgeting expenses
• Forecasting revenue
• Workforce planning
• Capital Planning
• SaaS account modeling
• Sales planning
• Academic calendar modeling

Collaboration

Share your financial and operational modules outside of the finance team. Workday Adaptive Planning Business Planning Cloud allows for a collaborative planning process, with a goal of sharing reports and dashboards with individuals outside of the finance department.

Features include:

• Native workflow to sequence, assign, and track tasks for business owners
• Process Tracker provides real-time visibility into planning processes and individual tasks.
• Step-by-step guides for users dependent on their roles
• Note sharing
• Compare plan vs actuals
• Visual Model Overview for single view business model and data flows

Analytics

Dashboards and analytics are at the heart of any business performance evaluation. Workday Adaptive Planning provides interactive dashboards, data visualizations, and charts to help personalize and analyze your financial performance.

Features include:

• Variance identification
• Real-time data
• KPIs
• Sharing capabilities

Management Reporting

Let management receive the ad-hoc reporting it desires for financial and sales teams. The Management and Ad-Hoc Financial Reporting module lets you distribute reports and drill down into needed details when necessary.

Features include:

• Self-service reports
• Personalized ad-hoc reports
• Drag-and-drop web reporting
• Built-in financial and sales intelligence
• Output to multiple formats such as HTML, PDF, and Excel
• Drill down capabilities

Board Reporting

Microsoft Office Suite and Office Connect integration provides reports, board books, and presentations using the Microsoft Office products your staff is already fluent in. This connection provides a fluid transition from Excel, Word, PowerPoint, and more, to let your staff use the platform they are the most comfortable with.

Board and external reporting is unified with Microsoft Office through a cloud connection. Workday Adaptive Planning integrates the reporting capabilities directly into the Office product being used (such as Excel). The goal is to give you complete formatting control.

Integration

Workday Adaptive Planning lets you connect with any ERP, HCM, CRM, or other sources you need to extract data from.

Manually pulling data from programs can be a full-time job for some. Workday Adaptive Planning provides an integration framework so your team can automate your data flow and spend more time analyzing data.

The goal of any integration should be to maintain data in a single platform. Workday Adaptive Planning tries to provide this capability with little IT knowledge needed and no code-writing required.

NetSuite Reporting

NetSuite is used by companies as a primary ERP for accounting and overall business management. Workday Adaptive Planning prides itself on providing the reporting capabilities that NetSuite may fall short on.

Conduct your accounting transactions in NetSuite and let Workday Adaptive Planning use the historical data to manage future growth and improve your company performance.

Sage Intacct Planning

Sage Intacct and Workday Adaptive Planning together make a team that can automate accounting and planning functions into one complete system.

Sage Intacct manages company accounts such as transactions and actual balances. Workday Adaptive Planning can utilize this data to create budgets of those accounts through the import and export of needed data.

Consolidation

Intercompany eliminations and financial consolidations in Workday Adaptive Planning will provide you with the reports you need faster.

Features include:

• Automated currency translations
• Reclassifications

Workday Adaptive Planning for Sales

If the primary goal of your company is to increase sales performance or improve the intelligence of your sales department, Workday Adaptive Planning for Sales is a solution to look into. The software’s goal is to provide quota, capacity, and territory planning to improve sales and give your organization better predictability.

Features

• Real-time scenario planning and forecasting
• Set sales targets
• Bottom-up sales staffing plans
• Sales quotas
• Territory assignment

Workday Adaptive Planning for Workforce Planning

Tracking your workforce an be difficult without the right tool. A company should be able to rely on reports, spreadsheets, and dashboards for workforce planning as much as they do for financial planning.

Strategic workforce planning is now a part of Workday Adaptive Planning Business Planning Cloud.

Benefits

• Integrate real-time data from HCM and ERP systems
• Plan and optimize your current and future workforce
• Create business drivers
• Maintain a single standard workforce model
• Share plans with business leaders
• Allow bottom-up input via Excel
• Track common planning tasks
• Monitor changes and issues with an audit trail
• Track plans against actuals

Workday Adaptive Planning Pricing

The cost of Workday Adaptive Planning will depend on a number of factors, such as:

• Package desired
• Additional options with your product
• Number of licenses
• Integrations needed
• Length of contract

User-based pricing is designed to enable company-wide planning and participation.