Workday Adaptive Planning

The 5 Reasons Why We Love Workday Adaptive Planning

By David Giannini on January, 18 2021
The 5 Reasons Why We Love Workday Adaptive Planning

Invisors has the privilege of deploying Workday Adaptive Planning to organizations who want to transform Workforce, Operational and Financial Planning. As a boutique consultancy, it’s our mission to enable happy customers. Here are our favorite AH-HA MOMENTS from organizations where we have transformed results with Workday Adaptive Planning.

 

# 1 |   Consolidate Data in Workday Adaptive Planning

Anyone can use Workday Adaptive Planning: You don’t have to be a Workday Financials + Workday Human Capital Management (HCM) customer. Workday Adaptive Planning will ingest external enterprise or business system data with an integration to feed the planning software. There is a benefit to being a Workday HCM or Financials customer; you can leverage the Workday Power-of-One connector to refresh Workday Adaptive Planning with live Workday data on-demand.

 

# 2 |      Model Brand New Planning Scenarios Instantly

You can immediately clone an existing plan to create a new forecast version, then start changing variables + collaborating securely online with business leaders to define the best plan. During the Workday Adaptive Planning deployment, Invisors configures the type of workforce or financial planning models that you need (for example, Income Statement, Balance Sheet, Cash Flow) and the unique variable dimensions that impact results by line of business.

 

# 3 |    Perform Budget Allocations by Dimensions

You can immediately clone an existing plan to create a new forecast version, then start changing variables + collaborating securely online with business leaders to define the best plan. During the Workday Adaptive Planning deployment, Invisors configures the type of workforce or financial planning models that you need (for example, Income Statement, Balance Sheet, Cash Flow) and the unique variable dimensions that impact results by line of business.

 

# 4 |    Distribute Budgets to the Business

Microsoft Office plugins allow you to extract and distribute budgets from Workday Adaptive Planning to be the source of truth for all business leaders, even if they don’t have access to Adaptive Planning. If you're also a Workday Financial Management customer, your budgeting team can also create budgets and forecasts in Adaptive Planning, but still distribute them out to the field through reports within the Workday Financials interface. 

 

# 5 |    Decentralize the Planning Function

The secure, online planning software transforms how a centralized Financial Planning and Analysis (FP&A) Team can engage with the business to reflect on real-time results, collaborate on potential planning scenarios, and align on the go-forward budget.

 

Sometimes seeing things in practice helps

Read how Invisors deployed Workday Adaptive Planning to help these clients transform results.

 Adaptive site - FIN story 1    Adaptive site - Healthcare story

 

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