Workday, Inc. announced the availability of Workday Adaptive Planning and Consolidation, a new solution that brings together the robust and agile planning of Workday Adaptive Planning with the comprehensive close and consolidation capabilities in Workday Financial Management. With this new solution, customers can streamline and simplify data management, financial close and consolidation, planning, and financial reporting and analytics. Workday Adaptive Planning and Consolidation delivers a unified data model to simplify the process of aligning data structures, currencies, data flow, and collaboration between accounting and finance.

With Workday Adaptive Planning and Consolidation, customers can: Increase efficiency and speed by reducing the time spent on collecting and reconciling data with a shared data model that unites financial reporting and company-wide financial planning. Overcome complexity by automating critical group close and consolidation tasks with built-in financial controls to ensure compliance and always-on auditing. Empower users with a modern, intuitive experience that facilitates self-service reporting and data exploration, and the ability to generate predictive forecasts and surface anomalies with embedded AI.

To help speed their finance transformation efforts and streamline the implementation of Workday Adaptive Planning and Consolidation, customers can leverage the deep expertise of Workday's global partner ecosystem. Early adopter partners include Abacist Group, Active Cyber, eCapital Advisors, Invisors, Kainos, and Macrospect, and additional partners will be added in the coming months. These partnerships are designed to optimize co-creation and co-innovation between Workday and its partners to deliver greater impact to customers and the industry.