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Workday Adaptive Planning
What Is Workday Adaptive Planning?
Workday Adaptive Planning provides a powerful platform with a purpose-built integration framework to help organizations adapt and perform at scale. Our easy-to-use interactive dashboards and reports ensure that everyone on your team can access richer, timely insights in just a simple click.
Who Uses Workday Adaptive Planning?
Finance and FP&A teams who are still using spreadsheets for budgeting and forecasting, but need an affordable solution to solve for broken links, data integrity issues, and version control errors.
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Reviews of Workday Adaptive Planning
Managing outlines of Business ideas
Comments: Very positive experience with workday, it customize and make the model based on how we think and want to grow our business. Super easy data structure to use and manage.
Pros:
1. Easy to adapt , manage and built our own dashboard for end users based on data. 2. It is extremely good and wonderful for managing and creating reports in seconds. 3. Quick and easy implementation. 4. Extremely reliable and we have never seen this kind of performance , no latency noticed till now.
Cons:
1. Little disappoint with customer care support and timeline. 2. User management is completely manual.
For adaptive work planning.
Comments: In my department it has made it easy to plan work engage teams and also in creating reliable accounting functions.
Pros:
It is simple in work plan follow up of tasks and team work engagement. Accurate accounting and bank reconciliation. Proper prediction and budgeting.
Cons:
No drawbacks for a while now and it keeps improving.
Sophisticated, but slow software
Comments: The actual forecast model is very nice, but I wish the software could be more user-friendly, and faster.
Pros:
Adaptive Planning is very sophisticated. There are so many ways models can be created, and it supports so many different versions which I love. I can create a forecast for every single GL account for every different department of the company.
Cons:
First, the software is very slow for a company at around 1000 size. If you make even a slight forecast/formula update, it can take 30mins to an hour before you can start using it again. Also, the formulas are very difficult to learn. The formula assistant feature definitely helps, but the way the formula is structured, it's almost impossible to use without the assistant.
Great budgeting and forecasting solution
Pros:
Seems like it is built similar to the excel spreadsheet model where you can really make it anything you need.
Cons:
Requires more training at the front end compared to other more robust (and expensive) systems. Doesn't seem to have two-way communication with Sage Intacct with regard to real time data pulls.
A Powerful and Resourceful Software
Pros:
With this tool, we have an easy time planning and automating budgets. It is a great EPM
Cons:
With Workday Adaptive Planning, no major challenges
