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Abacist Group to Deploy New Enterprise Performance Management (EPM) Solution that Unifies Planning with Close and Consolidation Capabilities from Workday

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March 19, 2024 -- Abacist Group, a premier partner of Workday, Inc. (NASDAQ: WDAY), today highlights its instrumental role in the launch of the new Workday Adaptive Planning and Consolidation solution. A frontrunner in technology implementations for the office of finance, Abacist Group has been integral to Workday's customers seeking to amplify their finance transformation initiatives.

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With a legacy spanning 16 years and the successful completion of more than 750 EPM projects, Abacist Group will assist organizations deploying Workday Adaptive Planning and Consolidation. This new offering from Workday represents a convergence of robust planning and comprehensive consolidation capabilities within the Workday Financial Management suite.

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Key features of Workday Adaptive Planning and Consolidation include:

A unified data model for streamlined data management, financial close, planning, and analytics.

Enhanced efficiency and speed in financial processes through a shared data model across reporting and planning.

Simplification of critical group close and consolidation tasks through automation and embedded financial controls.

Empowerment of finance teams via modern, intuitive, and self-service solutions that incorporate AI-driven predictive forecasts and anomaly detection.

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Abacist Group's involvement ensures that customers streamline their adoption of this advanced financial solution, designed to tackle the complex needs of modern organizations looking for agility and accuracy in their financial operations.

 

Joseph Fanutti, the chief integration officer at Bill Gosling Outsourcing, noted, "As a multinational, service-centric organization, we require a single data model for our financial close and planning processes to drive overall business efficiency. After we automated these transactions in Workday, finance managers gained significant time for analyzing data and offering guidance – in fact, 80% of our finance team's time is now spent on strategic analysis and delivering true value to the business."

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Abacist Group is excited to support Workday's initiative in providing this standalone solution that delivers unparalleled convenience and capability to customers' financial operations. Workday Adaptive Planning and Consolidation is a promising addition for organizations striving to optimize business operations and unlock sustainable growth while maintaining compliance and control.

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Availability:

The Workday Adaptive Planning and Consolidation is available for both new and existing Workday customers.

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For More Information

See a demo of Workday Adaptive Planning and Consolidation here.

Read more about the finance transformation journey here.

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About Abacist Group:

Abacist Group is a distinguished consulting firm specializing in the implementation of Enterprise Performance Management and financial solutions. We are committed to guiding organizations through their digital transformation journeys with our deep industry knowledge, extensive partnership with Workday, and a proven track record of successful project delivery.