What-if analysis – or scenario planning – is a critical part of every finance team’s job. It enables the team to model any number of factors – from normal seasonal changes in business to massive disruptions.
Workday Adaptive Planning has extremely strong what-if analysis functionality. It’s quite simple to take your existing forecast, make some changes to it, and see what the results of those changes will be.
In this Revelwood Quick Takes video, we detail how to do what-if analysis, or scenario planning, in Workday Adaptive Planning.
Viewers will learn how easy it is to perform scenario planning in a few simple steps:
- Create a report to compare versions of a plan
- Select plans to compare
- Create a what-if forecast
- Compare the what-if forecast to the current forecast
Learn more about the functionality in Workday Adaptive Planning by watching other Quick Take videos on Revelwood’s YouTube channel.
