Workday Adaptive Planning For

Software & SaaS Companies

With Workday Adaptive Planning, Armanino has helped hundreds of software and software-as-a-service (SaaS) companies streamline their planning and analysis, because Workday Adaptive Planning has allowed our customers to:

  • View rolling forecasts: Improve accuracy and turnaround time in the planning and reporting process, and conduct frequent re-forecasting and what-if analyses.
  • Streamline revenue recognition: Software and SaaS companies have multiple types of revenue streams (e.g., subscriptions, licenses, maintenance, professional services, etc.). With Workday Adaptive Planning, deferred revenue, unbilled revenue and accounts receivable can be integrated within a single revenue model.
  • Model key financials: Plan and report in a flexible modeling environment that supports company evolution and quick decision-making.
  • Create custom reports: Report using a complete set of integrated financial statements (profit and loss, balance sheet and cash flow), while being able to analyze the business across multiple dimensions (product, geography, channel and more).
  • Measure relevant KPIs: Use dashboards to manage key business metrics such as monthly recurring revenue (MRR), churn rate, days sales outstanding (DSO), cash burn and more.

Spreadsheet-based systems are inefficient, error-prone and fundamentally unsuited for the complex and dynamic reporting required by fast-growing or established SaaS and software organizations. As a SaaS, cloud solution, Workday Adaptive Planning requires no new hardware, software or IT support for initial implementation or ongoing maintenance — and it even has an intuitive Excel-like user interface for increased user adoption.

Integrate Your Technology

In addition, Workday Adaptive Planning can use reports to perform variance analysis, including drill-downs into underlying transaction details from other systems. Built on Workday Adaptive Planning’s cloud platform, the Workday Adaptive Planning Integration solution allows finance teams to connect their existing best-in-class applications (e.g., Salesforce, Sage Intacct, etc.) with Workday Adaptive Planning — securely importing data from your GL, ERP, CRM and other proprietary systems with ease.

Why Armanino for Software & SaaS Companies

If you’re considering implementing Workday Adaptive Planning, you should know that choosing the right implementation partner is the most important choice you’ll make. As your implementation partner, Armanino provides you with the confidence that comes from having a partner who has worked with numerous SaaS & software clients. Armanino’s Workday Adaptive Planning development and implementation team is the largest in the nation. Our staff has the kind of hands-on FP&A experience that leads to a deeper understanding of the issues, operations and processes unique to software companies.

We combine both our clients’ priorities and our own best practices. For example, in addition to a turnkey implementation, we offer a tiered implementation. Our tiered approach can help your internal team learn Workday Adaptive Planning gradually, get more involved in the implementation process and increase user adoption over the long term.

In addition, our certified development and implementation team includes experienced CPAs and former CFOs with extensive finance backgrounds, which means we understand the pain points the CFO Organization battles each day — financial planning, data consolidation, analytics, reporting, internal controls, data security and more.