Improve financial forecasts with the Domo Workday Adaptive Planning Connector
…
Workday Adaptive Planning is the next generation of enterprise planning and analysis software. Built for today’s ever-changing world, this powerful cloud platform helps finance teams plan, model, budget, and forecast so their organizations can make better decisions, fast.
Organizations of all sizes trust Workday Adaptive Planning to enable their finance teams to collaborate with executives, lines of business, managers, and staff so that the company’s forecast and budget more accurately reflect current business conditions.
Everyone can agree that finance data is some of the most valuable data a company works with. This is the data that tells you if you’re going to beat projections, if you’ll be able to meet payroll, if that new initiative is paying off, and if your expenses are being appropriately managed.
However, as important as this data is to your business, it’s by no means your only important business data. Data from marketing, sales, operations, and other departments can act as leading indicators to your finance data by letting you know if you’re going to see a surge or slump in the bottom line so you can adjust your forecasts and budgets appropriately.
Discover the Domo Workday Adaptive Planning integration
With the Domo Workday Adaptive Planning integration, you can easily combine your finance data with the rest of your business, customer, and operational data for a deeper, richer understanding of your business performance.
Workday Adaptive Planning allows you to ditch static spreadsheets for a planning process that is continuous, comprehensive, and collaborative.
This connector is primarily used by financial departments to improve financial forecasts and actuals. Common connectors that Domo customers use with the Workday Adaptive Planning connector include Google Sheets, Salesforce, SAP Fieldglass, Adobe Analytics, Google Analytics, Google BigQuery, and Box.
Not only will you be able to track the “what” of your bottom line in near real-time, but you’ll be able to understand the “why” that is driving your bottom line’s performance.
With this data, you’ll be able to make informed decisions about everything from where to steer investments and cut expenses to workforce planning and real estate management.
The Domo Workday Adaptive Planning Connector (née Adaptive Insights Connector) is one of more than 1,000 pre-built integrations that allow you to easily connect data from the world’s most popular business platforms.
The connector brings data from Workday Adaptive Planning sheets, dimensions, accounts, and more into Domo so you can easily combine and compare it with other data sources, with no coding required.
With this connector, your business users can easily track your company’s finance forecasts and how they tracked to actuals.
In addition, they will be able to combine your finance data with marketing, sales, operational, logistics, workforce, and other data to understand the cause and effect that your day-to-day operations have on your financial performance.
Your business users will also be able to easily access important finance data such as revenue, profit and loss (P&L), sales, forecasts, and more on their mobile device so they can make more informed decisions when in meetings, visiting clients, or working from home.
Alerts can be set up in Domo to message users when key business metrics change, preventing a potential financial problem from snowballing into a major business catastrophe.
Users can easily combine finance data from Workday Adaptive Planning to build custom reports for line-of-business managers to help them answer business questions, make accurate predictions about future performance, and model potential scenarios.
To download the Domo Workday Adaptive Planning Connector from the Domo Appstore, click here. For more details on how to implement and use the connector, check out this article in our Knowledge Base.
What's Your Reaction?