Solve your Law Firm’s Planning, Reporting & Analysis Challenges with Workday Adaptive Planning
In today’s rapidly evolving legal landscape, your firm needs a financial planning and reporting solution that not only keeps pace but also sets you ahead of your competition. Workday Adaptive Planning offers a robust, cloud-based platform designed to simplify and elevate your financial function.
We’ve helped many law firms tackle a wide range of challenges including matter coding; fee arrangements and pricing models; multi-dimensional reporting and revenue forecasting.
To learn more about our FP&A Solutions for Law Firms with Workday Adaptive Planning, please arrange a call with one of our Consultants.
WORKDAY ADAPTIVE PLANNING
Law Firms & Legal Services Solution
See how Workday Adaptive Planning can be leveraged by law firms to overcome challenges,
whilst enhancing their planning, budgeting & forecasting processes.
Helping you address the key legal sector FP&A challenges
Complex Matter Coding
Workday Adaptive Planning allows firms to create custom dimensions specific to matter codes, enabling better visibility and analysis of financial data related to different legal matters.
Fee Arrangements and Pricing Models
Workday Adaptive Planning allows firms to model different fee structures, track billing rates, and analyse profitability based on various pricing models, providing deeper insights into financial performance.
Multi-dimensional Reporting
Workday Adaptive Planning offers multi-dimensional reporting capabilities, allowing firms to slice and dice financial data based on different dimensions and generate reports to support strategic decision-making.
Revenue Forecasting
Workday Adaptive Planning makes forecasting a simple, continuous and fast process with connected, driver-based planning rules that can update a complete forecast whenever data, drivers or KPIs change.
Why Workday Adaptive Planning is the Best Choice for your Law firm
- Industry-Specific Configuration – Unlike generic financial software, Workday Adaptive Planning offers configuration specifically designed for the unique needs of Law Firms.
- Ease of Integration – Seamlessly integrate with existing ERP, HRMS, and CRM systems, thereby providing a unified view of all business operations.
- User-Friendly Interface – With an intuitive, user-friendly design, onboard your team quickly, no specialised training needed.
- Secure & Reliable – Hosted on a cloud-based infrastructure fortified with industry-leading security protocols to ensure data integrity and confidentiality.
- Unmatched Support – Our customer support is available 24/7, to ensure your financial planning never hits a roadblock.
SUCCESS STORIES
In particular, we now have Regional Finance Managers across the world who own their regional budgets. This has had major implications for how the firm manages its financial planning and reporting. The move to Workday Adaptive Planning and Office Connect, with the support of implementation partner ICit Business Intelligence, has seen major advances in terms of versatility, accuracy, and collaboration. The future looks exciting.
