Workday Unifies Financial and Workforce Planning With Transactions in One Cloud System - Seite 2

Workday Planning enables customers to take advantage of these benefits to evaluate the impact of investments, growth, and expansion strategies on the business in one system. For example, customers can use Workday Planning to:

• Evaluate Investment Viability with Ad hoc Forecasting: A vice president of financial planning and analysis can respond to a chief financial officer's (CFO) request for a forecast on the impact of a new investment on the company's profit and loss (P&L) statement through different modeling assumptions. Using existing financial, employee, and operational data in Workday, the vice president can create a driver-based model using collaborative worksheets -- without the inefficiency of offline calculations and multiple versions -- to analyse the investment's impact on revenue, spend, and profitability, helping inform the decision of whether to proceed.
  
  
• Determine the Best Staffing Model to Support Growth: A CFO and chief human resources officer (CHRO) can collaborate to determine the best strategy to address rapid growth in the organization using Workday Planning to model different staffing scenarios such as how many contingent, full-time, and part-time employees are needed in each region. With Workday Planning, the CFO and CHRO can determine how staffing changes may impact budgets and financial performance, and collaborate with key stakeholders across the organisation for alignment and execution.
  
  
• Better Manage Expansion Strategies and Costs: As CEOs look to expand their business regionally or globally, their teams must determine the office space, travel, and infrastructure costs required, and then compare these findings against other expansion strategies. With Workday Planning, a vice president of business development can update headcount forecasts on a tablet during a meeting with the executive team. From there, they can drill down into specific data such as open job requisitions, and then graphically showcase office space and budget required based on square footage per worker, travel between locations, or location-specific employee benefit costs.