How Workday Illuminate™ Uses AI-Powered Forecasting and Scenario Analysis to Enhance Financial Planning

By: GoBeyond Team
July 27, 2025
3 min read
Workday Illuminate AI forecasting dashboard showing scenario analysis and predictive insights

Quick Overview

Workday’s Illuminate™ platform integrates AI-driven forecasting and scenario analysis to process disparate financial data sources in real time. It provides predictive insights enabling finance teams to anticipate risks, allocate resources effectively, and perform continuous scenario planning. The natural-language interface allows decision-makers to refine forecasts and explore alternatives seamlessly, improving precision and responsiveness.

Workday
Workday
Company Size
Large multinational
Revenue Range
Not publicly disclosed
Primary Challenge
Improving forecasting precision and responsiveness in financial planning
Key Metrics

- Enhanced forecasting accuracy
- Faster response to trends
- Reduced manual forecasting effort

The Problem

Disparate data sources and manual forecasting limited agility and accuracy

The Solution

AI-powered forecasting, scenario modeling, and natural-language query interface integrated into financial planning workflows

Results

- More precise and timely forecasts
- Improved risk anticipation and resource allocation
- Streamlined forecasting processes

Details

Industry
Finance & Banking
Departments
Finance & Accounting
Use Cases
Financial Reporting
Tags
GenAI
NLP
Scalability
Team Efficiency
Time-Saving
AI Tools Used
No items found.
Sources
https://www.euvic.com/us/post/ai-in-fintech/https://www.vktr.com/ai-disruption/5-ai-case-studies-in-finance/

More Case Studies

See All
How Eleken Redesigned Populate to Streamline Clinician Documentation and Improve Patient Care
Healthcare & Medical
How Baleària Uses Zendesk AI Chatbots to Deflect Tickets and Achieve a 96% CSAT Score in Travel Support
Hospitality & Tourism
How Oxford VR Combines AI and Virtual Reality to Improve PTSD Treatment
Mental Health
How World Wildlife Fund Uses AI to Track Endangered Species and Combat Poaching
Nonprofit & NGO
How Uber Uses Advanced Data Visualization to Clarify Pricing and Support Decision-Making
Technology & SaaS
How Obayashi Corporation’s AiCorb Uses AI to Rapidly Generate Building Facade Designs and Streamline Architectural Workflows
Construction

🤖 Chat with AI

Type...