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 H&H Purchasing Automated Invoice Processing with zenphi’s AI Document Processing
Manufacturing
How Colossyan Enables Scalable AI Video Creation Without Studios or Actors for Training and Communication
Technology & SaaS
How Uber Uses Advanced Data Visualization to Clarify Pricing and Support Decision-Making
Technology & SaaS
How XponixAI Transformed Enterprise Knowledge Management for GlobalTech with Deep Learning and AI Assistant
Technology & SaaS
How a Family-Run Manufacturing Firm Developed an AI Roadmap with Statworx to Identify Top AI Use Cases
Manufacturing
How HG Commerciale (HGC) Modernized Expense Management with Yokoy Expense AI Platform
Construction

🤖 Chat with AI

Type...