Workday updates its Adaptive Planning suite with new ML, predictive forecasting
Summary
Workday on Thursday announced the availability of new services for accounting and financial planning executives that aim to provide greater and faster insight into data. Workday said its new Accounting Center, machine learning-driven predictive forecasts for Adaptive Planning, and additional functionality across its finance offerings will help customers drive insights and efficiency from operational data. According to Workday, this allows customers to manage operational and financial data from multiple sources with a single point of control across the enterprise. "We continue to deliver on our vision for the changing world of finance by expanding data transformation, self-service analyses, and machine learning-fueled processes to help finance leaders better navigate continuous disruption and change," said Barbara Larson, GM of Workday Financial Management. "These innovations unlock the power of data in new ways, empowering customers with eye-opening insights that were previously difficult -- or even impossible -- to glean."