Workday Adaptive Planning offers a user-friendly and adaptable financial consolidation tool that simplifies and expedites the financial closing process. This system facilitates the automation of various financial tasks, including the streamlined handling of eliminations, journal entries, reclassifications, and calculations of minority interests. Additionally, it supports currency conversions and cumulative translation adjustments, enhancing the efficiency of financial operations.

Integrated process management and dynamic reporting in Workday Adaptive Planning enhance tracking and transparency, fostering a thorough and streamlined closed-loop process. The consolidation features, rooted in a shared technology platform and merged with planning and analytics, furnish finance and accounting teams with a unified data source. This integration allows teams to seamlessly transition from financial closure to planning, facilitating a more agile and informed decision-making process.