Why Adaptive Planning Matters

Putting in place cutting-edge technology is wonderful, but such wizardry doesn’t drive change, and organizational decisions should not be made based solely on what it churns out. While Workday adaptive planning can help businesses of all sizes with forecasting, budgeting, analytics, and reporting, deployment through Mercer — a human resource consulting firm and cloud expert – will allow you to truly transform your financials, sales planning, and workforce through nonpareil data sets that can help you with strategy.

Here’s why adaptive planning matters.

What Is Workday Adaptive Planning?

It’s essentially a platform that offers the flexibility, security, useability, and scalability needed for complicated planning – all sans ginormous spreadsheets or management of existing systems. Through it, the old tedious, error-prone way of manually consolidating data gets kicked to the curb. Workday adaptive planning makes it simple to report, manage and assess business performance, and provides the flexibility to scale without giving up user-friendliness.

How Does Adaptive Planning Help Useability?

Planning is paramount in business. As such, Workday adaptive planning enhances such efforts with an ease of use that advances adoption and propels engagement across all teams and units. By pulling together all users in a collaborative process, organizations can establish plans that are in line with their goals. In turn, this helps companies call improved and more timely shots.

Is Adaptive Planning Constructed for Business?

A myriad of systems takes forever to implement. And once they are, dedicated IT resources are needed to handle alterations to reports, structures and analysis. This, of course overburdens the IT department and restricts a business’s flexibility. Workday adaptive planning lets operations and finance teams direct their models, reporting, dashboards, and processes without much IT support.

Is Adaptive Planning Conducive to Adaptability?

Conventional planning systems are typically on the ponderous side – they aren’t all that nimble. The problem is that organizations require flexibility to adapt swiftly to change. With adaptive planning, models and plans can regularly change to match fluctuations in business and markets. What’s more, all planning can be done within the same milieu.

Implementing Adaptive Planning through Mercer

For one thing, you’ll be going from handling things manually to becoming more agile. No more making strategic decisions from spreadsheets or without access to comparable data. And if you don’t have flexible modeling for workforce ratios, financial viability, and sales capacity, you’re doing it wrong.

In addition, when it comes to financials planning, you’ll be able to use adaptive planning to instantly play around with disparate possible outcomes to make the right decisions. You’ll also be able to gauge proposals with no manual efforts.

Regarding workforce planning, Mercer can help you, through adaptive planning, meet your organization’s short- and long-term financial goals. You can get assistance with determining required positions, learning who requires new skills, and how much it will cost. You’ll also find out whether you have the proper staffers in place to achieve your business objectives.

Where sales are concerned, adaptive planning through Mercer can ensure that you’ve structured your quotas and booking targets in a way in which they can be updated through team changes. It can also help you pinpoint areas or industries that may not optimally benefit from your current workforce makeup. And what if there’s economic change, or workforce levels drop — can you quickly update planning? With adaptive planning through Workday, you can. 

Now that you know why adaptive planning matters, you can count on Mercer to bring all its expertise to bear when implementing the powerful tool. If you want to improve your planning, it behooves you to go through the consultancy to do so. Mercer has the experience and expertise to put you on the right track.