Adaptive Insights Update

Workday put the spotlight on Adaptive Insights, following the company’s acquisition in August. Workday views the acquisition as a major step forward that will allow companies to Plan, Execute, and Analyze on a single platform.  

In sessions with Finance users, Adaptive advertised its strength as an “easy, powerful, and fast” tool that advances Workday’s planning roadmap by years.  Adaptive is intended to be a collaborative tool that is driven by Finance but which involves all business stakeholders. It demonstrated a user-friendly tool with sophisticated workflow capabilities for driving budgeting and planning activities.  The tool is intended to accommodate complex use cases, but also accommodate growing businesses with basic planning needs that will become more sophisticated as their processes mature.

Many details on the future integration of Workday and Adaptive are still forthcoming.  It is already possible to use custom cloud sources and scripting for inbound and outbound Adaptive integrations, but the true integration with Workday will begin in 2019.  Workday will introduce a dedicated adapter for importing data into adaptive, and allow for the ability to import account and organization hierarchies. Workday will also introduce the ability to drill back into source data from Adaptive.