Our finance team starts the process alongside our HR team, which supplies us with critical information on our entire workforce. Our workforce plan, integrated with our budget, revenue forecasts, and corporate financial plan, helps us determine where to expand next and when, how to staff new locations, what practice areas to grow, and more.
Andrew Brett, Financial Planning and Reporting Manager, Pinsent Masons
Workday Adaptive Planning gives you best practice models—for flexible, accurate headcount management, budgeting, and reporting that you can configure to your hiring, retention, and reduction processes. Plan payroll expenses, model commissions, and balance full-time and contingent workers.
Foster collaboration and transparency among finance, HR, and hiring managers in planning for new hires, promotions, and merit increases. Equip managers to create hiring strategies aligned with their business plans, while giving finance and HR instant visibility into current and future expenses.
It’s easier than ever to identify opportunities that better align with workforce changes in your business. Easy-to-use dashboards and reporting let you monitor and analyze costs, see unfilled positions, and break down the geographical distribution and composition of your workforce.
Unify data from human capital management systems—such as ADP, Ultimate, Ceridian, and Workday—with your ERP/GL system to plan headcount, salary, bonus, payroll tax, and hours. Maintain a unified system of record, and a truly integrated business plan.