Beginning in July 2025, financial transactions will be processed and stored in Workday. The data from these transactions will be integrated into Adaptive Planning. Staff will use Adaptive Planning functionality to complete budget planning, forecasting, and reporting.
Shared information between Workday and Adaptive Planning allows staff to review, adjust, and report on budget information as needed.
Across the Universities of Wisconsin, staff will use Adaptive Planning to:
- Create detailed budgets, forecast financial results, and make updates as needed
- Analyze data with interactive dashboards and reports
- Run scenarios to see the impacts of strategic changes, such as hiring decisions, on financial outcomes
- Collaborate with other team members in the same system for communication and efficiency during budget planning
Adaptive Planning will provide flexibility for budgeting and forecasting tasks and greater visibility into the process. With enhanced reporting capabilities, staff will be able to report on budget vs. actuals in a timely manner throughout the year.
Adaptive Planning will be available to end users beginning in August 2025 and will be used for the FY26 Fall Forecast in October 2025.
Learn more on the Universities of Wisconsin Workday Adaptive Planning webpage.