Workday Adaptive Planning consolidation
Automate and Accelerate Your Financial Consolidation—in the Cloud
Workday Adaptive Planning consolidation enables organizations to consolidate their financials accurately and efficiently with a fraction of the resources required by traditional enterprise solutions.
Speed up your financial close and consolidation with real-time currency translations, intercompany eliminations, reclassifications and allocations, whilst providing users with clear audit trails and drill-down to the detail behind consolidations.
Built-in process management tracking enables a consistent, repeatable and collaborative close.
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Achieve faster and more accurate close and report cycles, improve visibility, audit, and control during financial consolidations and comply with accounting standards and regulation
Collaborative Process Tracker
Define deliverables, assign them to users, monitor their status, and track their closure. View task statuses with at-a-glance graphs that automatically update
Partitioning of Actuals Data
Differentiate imported actuals from adjustments and view and report on rolled up actuals from all sources
Simplify with the intuitive Elimination Rule Manager, view intercompany eliminations in journal-entry format and monitor and manage intercompany eliminations in real-time
Reduce the complexity of multi-national consolidation, planning and reporting. Use multiple exchange rate types, including historic rates. Automate calculation of exchange differences
Simplify with intuitive interface and rules instead of complex formulas, improve accuracy with allocations that are always in balance and streamline effort with the ability to manage rules in one place