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
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/
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