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 International Rescue Committee Implements AI Chatbot to Streamline Refugee Claim Processing
Nonprofit & NGO
How Olay (P&G) Doubled Conversion Rates and Increased Average Cart Size by 40% with AI-Powered Skin Advisor
Retail & E-commerce
How Document360 Uses AI to Create Dynamic, Searchable, Multi-Lingual Knowledge Bases that Reduce Support Tickets
Technology & SaaS
How CodiumAI Uses AI to Optimize and Refactor Legacy Codebases
Technology & SaaS
How Scotiabank Leverages Google Cloud AI to Deliver Predictive Banking and Award-Winning Chatbot Experiences
Finance & Banking
How Six Flags Enhanced Guest Experience and Operations with Google Cloud Vertex AI-Powered Digital Concierge
Hospitality & Tourism

🤖 Chat with AI

Type...