Agenda
Clemson adopts Workday Adaptive first to create PeopleSoft Budgets and Amendments through near real-time integration
Track: Finance
Session Number: 9724
Date: Tue, Feb 28th, 2023
Time: 9:00 AM - 10:00 AM
Description:
Clemson selected Adaptive Planning by Workday as its budgeting tool to drive efficiency and provide quality real-time data regarding the budget and the budgeting process, working to inform the array of strategic decisions needed to effectively support the University’s strategic plan.
Business agility is paramount, and the ability to think fast and move first as an R1 Research Institution is essential. Adaptive Planning data-driven reports and modeling support institutions in their financial forecasting and planning.
The approach to make Adaptive first allows Clemson to budget at the detail level by period and create tight integrations with PeopleSoft HR and Finance. Interfacing this data regularly and near real-time allows efficiencies analysis and transaction level data
Functionality in Clemson’s implementation include Initial Budgets, Budget Amendments, Budget Transfers, Revenue, Compensation, Fringe calculation, FTE reporting, Non-Compensation, and Pooled Compensation Revenue reporting and analysis.
Beyond the metadata for chartfields, Actuals, Budgets, positions, and employee and compensation details, Clemson is also using Adaptive’s robust features in:
-Levels – including row-level security unavailable in the PeopleSoft system
-Attributes – for use in reporting and consolidation of data
-Sheets – multiple functionalities for reporting and modeling in addition to input sheets for compensation and Budget Amendments Workflow for business processes
This session is part of the Integrations Pathway.
Business agility is paramount, and the ability to think fast and move first as an R1 Research Institution is essential. Adaptive Planning data-driven reports and modeling support institutions in their financial forecasting and planning.
The approach to make Adaptive first allows Clemson to budget at the detail level by period and create tight integrations with PeopleSoft HR and Finance. Interfacing this data regularly and near real-time allows efficiencies analysis and transaction level data
Functionality in Clemson’s implementation include Initial Budgets, Budget Amendments, Budget Transfers, Revenue, Compensation, Fringe calculation, FTE reporting, Non-Compensation, and Pooled Compensation Revenue reporting and analysis.
Beyond the metadata for chartfields, Actuals, Budgets, positions, and employee and compensation details, Clemson is also using Adaptive’s robust features in:
-Levels – including row-level security unavailable in the PeopleSoft system
-Attributes – for use in reporting and consolidation of data
-Sheets – multiple functionalities for reporting and modeling in addition to input sheets for compensation and Budget Amendments Workflow for business processes
This session is part of the Integrations Pathway.
Sub-Categorization: Budgeting
Session Type: Presentation
Session Length: Regular Length (60 min)
Cross Listed Areas: trk-1597, trk-1598
ERP Systems: PeopleSoft, Workday
Platform Type: Hybrid
Target Audience: All
Knowledge level: Basic
Tell us about you!: I am the manager for the PeopleSoft HR and PeopleSoft systems at Clemson University, also having servers as Business/Systems Analyst and Solutions Architect focusing on providing innovative solutions to business needs through the application of technology and software.
I have over 25 years of experience in Information Technology, including manufacturing, distribution, and higher education. My passion is to understand the big picture and develop solutions to how software can be utilized to reach the organization's goals.
I have worked with Oracle products since 1990 and have extensive experience with Budgeting and Planning, PeopleSoft Financials, and database programming and support.
I have previously served as Track Chair for the Budget and Planning Advisory group and participated as a member of the Finance Advisory group by several years. Additionally, I have presented at Alliance in most years since 2016.
I have over 25 years of experience in Information Technology, including manufacturing, distribution, and higher education. My passion is to understand the big picture and develop solutions to how software can be utilized to reach the organization's goals.
I have worked with Oracle products since 1990 and have extensive experience with Budgeting and Planning, PeopleSoft Financials, and database programming and support.
I have previously served as Track Chair for the Budget and Planning Advisory group and participated as a member of the Finance Advisory group by several years. Additionally, I have presented at Alliance in most years since 2016.
Sub-Categorization: Budgeting
Session Type: Presentation
Session Length: Regular Length (60 min)
Cross Listed Areas: trk-1597, trk-1598
ERP Systems: PeopleSoft, Workday
Platform Type: Hybrid
Target Audience: All
Knowledge level: Basic
Tell us about you!: I am the manager for the PeopleSoft HR and PeopleSoft systems at Clemson University, also having servers as Business/Systems Analyst and Solutions Architect focusing on providing innovative solutions to business needs through the application of technology and software.
I have over 25 years of experience in Information Technology, including manufacturing, distribution, and higher education. My passion is to understand the big picture and develop solutions to how software can be utilized to reach the organization's goals.
I have worked with Oracle products since 1990 and have extensive experience with Budgeting and Planning, PeopleSoft Financials, and database programming and support.
I have previously served as Track Chair for the Budget and Planning Advisory group and participated as a member of the Finance Advisory group by several years. Additionally, I have presented at Alliance in most years since 2016.
I have over 25 years of experience in Information Technology, including manufacturing, distribution, and higher education. My passion is to understand the big picture and develop solutions to how software can be utilized to reach the organization's goals.
I have worked with Oracle products since 1990 and have extensive experience with Budgeting and Planning, PeopleSoft Financials, and database programming and support.
I have previously served as Track Chair for the Budget and Planning Advisory group and participated as a member of the Finance Advisory group by several years. Additionally, I have presented at Alliance in most years since 2016.
Speakers
Primary Presenter
Jim Baxter
Senior Application Analyst
Clemson University
