Active Planning for Business Agility & Success using Adaptive Insights & Workday
Speakers Matt Palmer Garth Lumb Matthew Cowan Regional Director Vice President FP&A Manager Kainos IntuitiveTEK Snap Finance
Kainos & Workday We’re all-in on Workday – Kainos is a leading provider of Workday services and test automation Workday partner Workday Customer #580 Full service Workday partner HCM, Financials, since 2011 Recruitment Smart 600+ Workday certification s Only automated testing tool Workday experts – developers, for Workday, launched 2014 consultants, product leads Adaptive Insights Largest partner globally
Are you… using manual spreadsheets spending time compiling fully trusting of your budgeting, and processes on a number of numbers from various modelling or forecasting to legacy systems? business departments? drive results?
Agility is key to business success GLOBAL COMPETITION BUSINESS UNCERTAINTY CHANGING REGULATIONS DATA EXPLOSION
Today’s reality: static planning Sales Finance HR V_FINAL3.1 V_FINAL4 V_FINAL1 V3 V4 V1 V_FINAL4 V_FINAL5.1 V_FINAL1.1 Marketing Operations R&D V_FINAL2 V_FINAL3 V_FINAL3 V2 V4 V1 V_FINAL2.2.1 V_FINAL1.5 V_FINAL3.5
Active Planning: A new model for agility Broad cross-functional participation Collaborative and visibility High-fidelity visibility into every level of every Comprehensive operational function Ongoing measurement and decision-making Continuous and fine-tuning
Active Planning: A new model for agility Active Planning Process Solution Requirement Easy Collaborative Easy to use by everyone Powerful Comprehensive Model & analyze entire business Fast Continuous Iterate and update quickly with rapid time to value
Adaptive Insights Business Planning Cloud Finance Sales HR Planning Platform for Everybody Marketing Operations IT
Financial Planning Workforce Planning Planning, Budgeting & Headcount & cost Forecasting Finance Skills capacity plans Profitability modeling Talent requisition Scenario planning Compensation plans Sales HR Strategic planning Retention programs Financial and management reporting Operational Planning Sales Planning Demand Forecasting Territory Production planning and unit Account segmentation costs Quota Call center volumes Capacity Foot traffic, store unit economics Sales forecasting Grant and student planning Marketing Planning IT Planning Marketing Operations Campaigns and programs Project planning Data center capacity Trade promotions Scenario planning Hardware, software IT Pricing optimization CapEx & investment Brand investment Upgrade and maintenance
Plan, execute & analyse with the Power of One
Enabling success for 4,900+ customers
Demo
Matthew Cowen FP&A Manager
Snap Finance • Largest Privately-Held Tertiary Finance Company in US • Caters to ~30% of Americans who have undeveloped or imperfect credit • Thousands of merchant partners across all 50 states • 3 Offices – Salt Lake City, UT; Santa Cruz, CA; Costa Rica • Founded in 2012 • Adopted Adaptive Insights in May 2019
Challenges 1 2 3 MANUAL BUDGET CONSOLIDATION BUDGET REPORTING RESOURCE LIMITATIONS ”Excel Hell” Limited Drill-Down Capacity Small Finance Team Trouble with Version Control Scenario Planning Impossible Limited Dedicated Tech Resources Slow Processing Time Frequent Reporting Errors Small Budget for Software
Value Added with Adaptive Insights Before Adaptive Insights After Adaptive Insights Consolidation took hours Instantaneous Consolidation Limited Reporting Reporting in a Flash Version Latency Strong Version Control Limited Drill-Down Highly Detailed Drill-Down
Measurable Benefits 90%+ Reduction in Errors 17 Budget Scenarios Created Increase in Department (12 COVID-Specific Scenarios) Engagement in Budget Process Consolidation Cycle Time Eliminated (3-5 Hrs/ 28 Live Reports for Analysis Consolidation)
Q&A Get In Touch W: kainosworksmart.com E: workdayinfo@kainos.com
Find out more at kainosworksmart.com or intuitive-tek.com
Upcoming Workday Webinar A Customer Centric Lens on Remote Workday Projects MAY 7 th 11AM ET/ 4PM BST www.bit.ly/3es3UNz
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