Carlson Thought Leadership in Finance & Technology

Workday Acquires Adaptive Insights to Provide the Best Cloud Planning Solution for Business and Finance

July 10, 2018 / by Lauren Strohmeier

Workday + Adaptive Insights-1

Change often leads to opportunity. That’s certainly so for Workday’s acquisition of Adaptive Insights, an exciting development announced on Monday, June 11th, 2018. As the two organizations join together, their customers will get the opportunity to accelerate business and financial growth with Workday + Adaptive Insights.

How will the rise of Workday + Adaptive Insights shape the future?

At Carlson, we believe that larger enterprise customers will benefit from a more dynamic and robust Cloud solution that meets all their needs in financial management, human resources, and business analytics. It’s an impactful combination that will drive greater performance and growth for business users.

The CEO of Adaptive Insights, Tom Bogan, is thrilled about these new capabilities. He declared, "Joining forces with Workday accelerates our vision to drive holistic business planning and digital transformation for our customers. Most importantly, both Adaptive Insights and Workday have an employee-first and customer-centric approach to developing enterprise software that will only increase the power of the combined companies.”

Because Workday and Adaptive Insights have missions, cultures, and values that are so well-aligned, the pairing is well-matched.

Here’s how the addition of Workday and Adaptive Insights equates to success for business users.

Acceleration in Business and Finance Transformation

With Workday + Adaptive Insights, your organization can transform more efficiently than ever before. It offers a full suite of business and financial planning features that allows you to manage your finances, analytics, and people in one place.

The all-in-one cloud planning solution will help you be adaptable and forward-thinking. When you’re making decisions about your organization’s future, you need the modeling and analytics that guide you in the right direction. That visibility helps you accelerate change that leads to long-term success.

Best Planning Capabilities

With Workday, you will know how your organization is performing with its real-time financial and human resources data. You will also be able to see how your team members are contributing to performance.

With Adaptive Insights, you can manage your budget, forecasts, reporting, business analytics, and more in a comprehensive SaaS platform. Having the full financial picture gives you insights that strengthen your organization.

When you leverage the unified strengths of Workday and Adaptive Insights, you enable scalable growth to happen for your organization.

Better Ability to Plan, Execute, and Analyze

As every finance professional knows, planning is the driving force of business. With your organization’s performance in mind, you want to chart a course that allows you to attain your financial targets.

Enter Workday + Adaptive Insights.

With its combined capabilities, you can plan, execute, and analyze your organization’s operations and performance. To effectively navigate business, planning is everything. That’s why this business planning cloud solution is such a valuable guide for your journey.

Co-Founder and CEO of Workday, Aneel Bhusri, welcomes Adaptive Insights to the team and looks ahead into the future:

“Adaptive Insights is an industry leader with its Business Planning Cloud platform, and together with Workday, we will help customers accelerate their finance transformation in the cloud. I am excited to welcome the Adaptive Insights team to Workday and look forward to coming together to continue delivering industry-leading products that equip finance organizations to make even faster, better business decisions to adapt to change and to drive growth.”

At Carlson Management Consulting, we’re excited about Workday + Adaptive Insights, as well as the new and bright opportunities it brings to your workplace. For existing Workday customers that are interested in learning more about Adaptive Insights, please contact us for a discussion and demo.

 

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