Workday Adaptive Planning helps higher education teams accelerate budgeting and expense cycles, align resources against priority programmes and courses, and streamline critical processes like enrollment planning. Model and plan for financial KPIs such as net tuition revenues, in-state and out-of-state tuition revenues, and discounts.
Quickly generate financial statements and board reports anytime, anywhere. Drill down into the details of reports or sheets for instant transparency into income and spending. Assess costs and expenditures at a more granular level with drag-and-drop reporting across multiple dimensions such as fund, organisation, account, program, activity, and employees. Meet NACUBO reporting requirements more easily.
Learn from Workday Adaptive Planning customers describe how they’ve made the transition from tactical to strategic—and elevated the role of finance to better address emerging challenges in their institutions. Panelists include Elizabeth Dionne, director of finance at College of the Holy Cross, and John McGrath, budgeting manager at Babson College.
Workday Adaptive Planning helps you model and create driver-based revenue and sales forecasts for auxiliary departments such as student housing, libraries, transportation, and athletics programmes. Get real-time visibility into support units’ sales plans, staffing, and expenses. Display actuals in interactive dashboards and reports, and compare them to forecasts and plans.
Move beyond spreadsheet-based budgeting that’s time-consuming, cumbersome, and error-prone. Our flexible planning software centralizes actuals, plans, forecasts, calculations, and cell notes into a single source of truth. This common data foundation fuels trust and accountability, and ensures that your planning processes scale with growth.
Before Workday Adaptive Planning, our budget planning process was manual and took four to five months. Adaptive cut that time in half.
Lena Mercea, AVP Financial Planning, Barry University
Workday Adaptive Planning gives UCF the ability to blend financial and non-financial information into a more unified and strategic plan, which is a leap over what was possible before.
Steve Omli, Director of Finance & Accounting,
University of Central Florida, College of Medicine