In the realm of contemporary financial management, Workday Adaptive Planning stands as a cornerstone, providing organizations with a robust platform for streamlined budgeting, forecasting, and reporting. At the forefront of progress, the 2023R2 Release introduces a series of pivotal enhancements meticulously designed to elevate user experience and operational efficiency. Notably, the newly introduced version queuing feature expedites the creation of large versions, mitigating timeout errors and enabling seamless background processing. Moreover, the innovative Bottom-Up Workforce Planning empowers organizations with more accurate position-level forecasting capabilities. This release also prioritizes efficiency through features like “Replace Mode” for data imports and “Access Rules Retain Grant All Except Rules” for enhanced access management. The “Execute New Planned Positions” feature automates execution processes, while “Actuals Imports from Workday Financials” streamlines integration efforts. “Multi-Select Settings for Reports and Dashboards” enriches insights, and “Headcount Forecast Planning” bolsters agility. These strategic additions collectively reflect Workday Adaptive Planning’s unwavering commitment to delivering a platform that is not only seamlessly intuitive and efficient but also fosters a deeper level of strategic insight for financial planning endeavors.
User Experience
Version Queuing | A new version queuing process provides a seamless user experience, especially for large versions, preventing timeout errors through background processing. Real-time updates on queuing status, including “In Progress,” “Complete,” and “Failed”, allow to monitor the whole process. This feature is automatically available to all users. |
Bottom-Up Workforce Planning: Future-Dated Position Changes | The Bottom-Up Workforce Planning feature facilitates position-level planning for future-dated changes in filled or unfilled positions. Prior position states are retained to maintain calculation accuracy. Additionally, compensation guidelines are displayed for new positions, aiding in entering appropriate compensation basis amounts in line with organizational rules. |
Efficiency
Replace Mode for Standard Data Import in Planning Data Loaders | In the release a new replace mode is introduced for standard data import in planning data loaders. This enhancement optimizes import performance by selectively replacing existing data in the chosen levels, general ledger accounts, custom accounts, or assumption accounts. Please note that setup configuration is required to utilize this feature effectively. |
Access Rules Retain Grant All Except Rules | This update enhances the management of access rules by improving the behavior and display of the Grant All Except capability. Access rules are precisely as imported, with the values for Grant All Except displayed in new columns for each secured dimension, ensuring convenience during rule maintenance. Furthermore, the efficiency is improved by retaining the Grant All Except values when exporting rules for maintenance purposes. This dynamic retention of Grant All Except values enables seamless user access updates when additional values are added to secured dimensions. This feature is automatically available to all users. |
Execute New Planned Positions | The feature allows to directly create positions from approved headcount plans, streamlining the implementation process. By utilizing “Change Organization Assignment” as a sub-business process of “Create Position,” planned organization information is automatically provided, reducing manual efforts. |
Actuals Imports from Workday Financials | In this release, you can import larger volumes of Journal Lines data from Workday Financials into Workday Adaptive Planning in a more smooth and performant way. It reduces implementation time and enables an easier setup. |
Reporting and Dashboards
Multi-Select Settings for Reports and Dashboards |
The update allows to select multiple parameter options in Reports and Dashboards. By selecting multiple options simultaneously, the resulting reports and dashboards display data for all the chosen parameter options. This feature streamlines data analysis and enhances efficiency in exploring different data sets. This enhancement is automatically available. |
Forecasting
Headcount Forecast Planning | The release introduces the capability to create a forecast plan by leveraging your latest actuals and selected events from your previous plan. This streamlined process enables you to course correct more effectively, utilizing pertinent data while adjusting your current plan or initiating a new planning cycle. |
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