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 iQuasar Implemented AI-Powered Ticket Management to Optimize Customer Support for a Leading IT Firm
Technology & SaaS
How JIFFY.ai Automated 80% of Onboarding Tasks for a Global Professional Services Firm
Professional Services & Consulting
How Banks Use AI to Recommend Relevant Financial Products and Increase Customer Engagement
Finance & Banking
How Energie Steiermark Increased Automation and Compliance with Hypatos AI Invoice Processing
Manufacturing
How JIFFY.ai Delivered 85% Straight-Through Invoice Processing for a Large Automobile Manufacturer
Manufacturing
How Decathlon Automated 65% of Customer Queries and Increased Online Conversions by 15% with AI Chat Assistant
Retail & E-commerce

🤖 Chat with AI

Type...