Do you have Workday Adaptive Planning (or would like to look into it)? Analysis Team is offering a no-charge assessment of your solution.
The dramatic economic changes and uncertainty we’re now experiencing in the first half of 2020 have caused us all to re-examine our business outlooks and options. In the midst of the COVID-19 pandemic (and the severe measures to fight it) we’re scrambling to determine the best approaches to sustain our companies’ financial health and regain growth and profitability.
At the core of business re-planning and strategic re-thinking is a quest to understand impacts of potential scenarios and determine the best courses of action depending on how conditions and options may evolve. This is a huge challenge given that predictability of the future, even the near future, is significantly reduced from what we’re used to under relatively normal conditions.
In these unprecedented times Finance managers and FP&A organizations have valiantly stepped up to revise planning models and create new scenarios. In a recent webcast to implementation partners, managers at Workday Adaptive Planning, the cloud planning solutions provider, reported a 15-fold increase in usage above average due to increases in scenario creation by customers as the pandemic shocked our economy in March and April.
Business agility requires having at its foundation a planning system that enables you to model scenarios thoroughly and turn around new scenarios quickly.
How is your model keeping up? What improvements would enable you to react faster to changing conditions and be more pro-active in developing new planning scenarios? Some aspects to consider include:
- Do your model’s drivers reflect the factors that really drive your financials?
- How well does your planning system enable inclusion of operational and departmental managers, to take advantage of their familiarity with business conditions and the potential of your company’s resources?
- Are your financial statements interconnected to give you a complete picture of your projected P&L, Balance Sheet and Cash Flow?
- Can you quickly and easily turn around new scenarios, without re-doing what doesn’t need to change while assuring that model links don’t break?
- Do you need to streamline integration of data from your G/L or other source systems?
- Are your reports and dashboards relevant to the decision-makers who use them?
We can help. Analysis Team began its partnership with Workday Adaptive Planning over a year ago and since then we’ve been building up our expertise. We now have three certified Adaptive implementation consultants and a network that includes broad data integration expertise.
We are currently offering an assessment (sometimes called a “health check”) at no charge to companies that have deployed Adaptive Planning (formerly Adaptive Insights). We can help you sort through questions like those above and determine how your Adaptive model can better support your evolving planning needs.
If you don’t currently use Adaptive Planning, we are also offering a free assessment to determine whether and how Adaptive Planning can benefit you.
Please reach out for more information and to schedule your assessment:
Dave Stark
(650) 964-3599
