In a volatile environment, you need to keep an eye on the financial health of your pharmaceutical or biotech company. With Workday Adaptive Planning, you can implement a rolling forecast that allows your executives and department leaders to gain business agility in a rapidly changing industry. For example, your team can analyze the impact on the 12-month cash flow before starting a new project. Quickly update and analyze the forecast when project timelines change. Analyze and adjust sales forecast by drugs or devices and see the impact upstream and downstream in real time.
With Workday Adaptive Planning, we achieved a better budget process at a fraction of the cost compared to the millions of dollars and years of investment spent maintaining the on-premise solution.
Mark Powers, Sr. Finance Manager, Boston Scientific