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Workday Recognized as a Leader in Financial Planning Software

Workday, Inc., a prominent enterprise AI platform specializing in the management of people, finances, and organizational agents, has proudly announced its designation as a Leader in the 2025 Gartner Magic Quadrant for Financial Planning Software. This recognition marks the fourth consecutive year that Workday has received this distinction, a testament to its commitment to innovation and excellence in financial planning solutions.

The Essence of Workday's Financial Planning Solution

Workday is exceptionally adept at empowering financial planning and analysis (FPA) teams to adapt and forecast effectively in a rapidly changing business environment. The platform fosters improved collaboration, allowing teams to analyze multiple scenarios seamlessly while navigating uncertainty with clarity. With notable clients such as Blackberry, Boston Scientific, Guardian Life, and Spotify, Workday has proven its capability to deliver agile financial forecasts that enhance decision-making processes across varied industries.

Quotes from Leadership

Ben Pierce, the General Manager of Adaptive Planning at Workday, emphasized the evolving role of finance teams today: “Today's finance teams need a smarter, faster way to plan, one that puts them in the driver's seat. With AI at the core, Workday empowers finance to truly own their planning process.” This sentiment is echoed by customers, who appreciate the simplicity and efficiency Workday has brought to their financial planning processes.

How Workday is Revolutionizing Financial Planning

1. Adaptation to Change
Workday enables organizations to modify their plans and forecasts quickly, allowing for timely adaptations based on changing business conditions. This responsiveness leads to enhanced accuracy in financial analysis.

2. Predictive Analytics
The growing portfolio of agentic AI solutions, which includes Planning Agent, is engineered to streamline data exploration and analysis, potentially reducing the time dedicated to these activities by up to 30%. This advancement positions organizations to remain ahead of market trends.

3. Cross-Departmental Collaboration
Workday integrates financial and operational data across various systems, including ERP, CRM, and HR platforms. This integration supports consistent financial processes and operational alignment across departments and geographical locations, reinforcing reliability and accuracy in financial management.

Customer Experiences Highlight Success

Feedback from users of Workday Adaptive Planning reflects a high level of satisfaction:

• - A VP of Finance in the manufacturing sector noted, “Workday Adaptive Planning has solved our budget process needs seamlessly. Since we implemented it over 6 years ago, we have gained back several hours per month on process steps.”
• - Similarly, a Director in the transportation industry praised the platform's user-friendly interface and the quality of support provided during and post-implementation.
• - Lastly, a Finance Manager in the software industry remarked on the automation and scalability of Workday's tools, emphasizing how they facilitated improvements in corporate financial modeling.

Looking Ahead

For further insights, a complimentary copy of the 2025 Gartner Magic Quadrant report is available, alongside a detailed blog post titled 'Four for Four,' which discusses Workday's continued leadership in financial planning. The organization was also recognized earlier this year as a Customers’ Choice in the Gartner Voice of the Customer for Financial Planning Software, underscoring its dedication to meeting customer needs and expectations. With over 11,000 organizations worldwide depending on its unified platform, Workday is well-positioned to continue transforming the future of financial planning with AI-enabled solutions that prioritize simplicity and effectiveness.

In conclusion, Workday's consistent recognition as a leader in financial planning software validates its innovative approaches and commitment to providing businesses with the tools necessary to thrive in an ever-evolving financial landscape.