Workday Adaptive Planning
Model tuition and attendance, budget faculty and staff levels, and forecast funding scenarios.
Creating a brighter future for higher education
Workday Adaptive Planning gives higher education institutions the planning, budgeting, and modeling capabilities they need to adapt as circumstances change.
University expense budgeting—Plan direct costs and allocate salaries and overhead across segments like colleges, schools, and departments. Give budget owners access to data with drill-down capabilities.
Grant planning—Create grant-level funding and spending plans to generate visibility into income and expenses over the life of a grant. Gain big-picture clarity into your overall research portfolio to position your organization to more effectively compete for and secure grants and contracts.
Student and tuition planning—Perform multiple what-if scenarios around tuition and fee revenue based on user-defined assumptions and trends. Assess the real-time financial impacts of rapidly changing enrollment numbers.
Staff and faculty planning—Plan head count as well as salary, benefits, taxes, and other employee-related costs across colleges and departments. Integrate HR and payroll systems to pull in employee data and utilize multiple fringe rate assumptions.