If you're looking for a system that integrates financial, operational and business data for planning and analysis, Workday Adaptive Planning is a strong contender. This cloud-based system uses sophisticated AI and machine learning technology for a more comprehensive business planning approach, including financial planning, workforce planning, operational planning and close and consolidation. It offers more sophisticated insights through data visualization and AI-driven insights, and is suitable for companies of all sizes and industries.
Another powerful option is Workday, Workday's Enterprise Management Cloud suite of applications for finance, HR, planning, spend management and analytics. It brings finance and HR onto a single system, so companies can adapt to change and make more informed decisions based on a single source of financial, people and operational data. With artificial intelligence and machine learning built in, Workday can help you make more informed workforce decisions and run operations more efficiently.
If you want to integrate with Microsoft 365, Vena is a financial planning and analysis software that spans budgeting, forecasting, strategic planning and more. It combines the flexibility of Excel with sophisticated AI and data modeling, so finance-led planning can be more effective and spread more widely. You can import your own Excel spreadsheets into the system, too, for better modeling and analytical abilities.
Facta is another contender worth considering, particularly if you're already using Excel. It consolidates and automates financial data from multiple sources into a single data set, providing a customized business intelligence solution for finance teams. Facta standardizes metrics, models data more quickly and centralizes financial data, and offers real-time access to verified data.