Streamline Your Growth: The Key Steps in the Workforce Planning Process

Aug 26

A large team at a conference desk looking at workforce planning analytics on screen.

Making Headcount Forecasting a Breeze

Getting headcount forecasting right is a game-changer for any company. It helps you nail down your workforce needs and keep things running smoothly. Two standout tools that can help you do just that are Workday Adaptive Planning and the innovative headcount planning software Kinnect.

Why Workday Adaptive Planning Rocks

Workday Adaptive Planning is like having a crystal ball for your business. It helps you plan, forecast, and budget with ease. Here’s why it’s a must-have:

Smart Analytics: The software gives you easy-to-read reports and dashboards, plus powerful scenario modeling. This means you can make decisions based on solid data.
Saves Time: Users say it cuts planning time by 70%. That’s a lot of hours saved! Plus, productivity jumps by 50%, making everything run smoother.
Always Up-to-Date: In-memory calculations keep your plans, reports, and dashboards fresh with the latest data. No more dealing with outdated info.
Driver-Based Modeling: You can model hiring, transfers, and retention plans with driver-based assumptions. This lets you see cost impacts right away and consider both global and local factors.

Want to know more about tools like this? Check out our section on workforce planning software.

How Kinnect Makes Workforce Planning Even Better

Kinnect is like the glue that holds your workforce planning together. It gives you one place for all your workforce data, making collaboration a breeze.

Here’s what makes Kinnect awesome:

Custom Workflows: You can tweak workflows to fit your needs, making the planning process super efficient.
Easy Integrations: Kinnect plays well with other systems, giving you a complete solution for headcount forecasting and management.

Using Kinnect with Workday Adaptive Planning gives you a one-two punch for workforce optimization. For more on this, check out our resources on workforce management software and strategic workforce planning.

By focusing on these tools, you can streamline your headcount forecasting and make smarter, faster decisions. Whether you're a small business or a large corporation, these solutions can help you stay ahead of the game.

Workday Adaptive Planning Features

Workday Adaptive Planning is packed with tools to make workforce planning a breeze. From smart analytics to AI-powered insights, it's got everything you need to nail headcount forecasting in the tech world.

Analytics and Scenario Modeling

Workday Adaptive Planning gives you slick reports and dashboards that make data analysis a snap. The scenario modeling feature lets you play out different workforce scenarios and see what sticks. By visualizing potential outcomes, you can make smarter decisions about headcount and resource allocation.

  
      Feature
      What It Does
    
      Reports
      Quick insights at your fingertips
    
      Dashboards
      Visual data for easy understanding
    
      Scenario Modeling
      Test different workforce scenarios

Feature	What It Does
Reports	Quick insights at your fingertips
Dashboards	Visual data for easy understanding
Scenario Modeling	Test different workforce scenarios

AI and Machine Learning Integration

With AI and machine learning baked in, Workday Adaptive Planning takes your decision-making up a notch. It handles the boring stuff, so you can focus on the big picture. Plus, it gives you smart recommendations based on past data, making your forecasts more accurate and your workforce management more effective.

In-Memory Calculations

In-memory calculations keep everything in Workday Adaptive Planning up-to-date in real-time. No more waiting around for data to refresh. This means you can make quick decisions based on the latest info, keeping your workforce planning sharp and efficient.

  
      Advantage
      What It Does
    
      Real-Time Updates
      Always current information
    
      Enhanced Agility
      Quick response to changes
    
      Improved Accuracy
      Fewer errors from outdated data

Advantage	What It Does
Real-Time Updates	Always current information
Enhanced Agility	Quick response to changes
Improved Accuracy	Fewer errors from outdated data

These features make Workday Adaptive Planning a powerhouse for headcount forecasting. For more on workforce planning tools and workforce analytics solutions, check out our resources to boost your workforce strategy.

Kinnect for Workforce Planning

Kinnect is your go-to for making workforce planning a breeze, bringing together HR, Finance, and Talent Acquisition teams like never before.

One-Stop Shop for Data

Kinnect simplifies workforce planning by providing a single, reliable source for all your headcount data, both current and future. With real-time updates, HR, Talent Acquisition, and Finance teams can stay on top of hiring plans and job requisitions without breaking a sweat.

Key perks include:

Instant Data Access: Get immediate insights into hiring plans, time-to-fill, time-to-hire metrics, and pipeline updates.
Leadership Visibility: Recruiting leaders and hiring managers can see the full picture of headcount and hiring plans, working seamlessly with HR and Talent Acquisition.
Automated Backfills: Automatically trigger backfills from your HRIS, so recruitment can kick off without delay.

  
      Feature
      What It Does
    
      Real-Time Updates
      Keeps headcount data current and accessible.
    
      Collaborative Insights
      Boosts visibility for HR and hiring managers.
    
      Automated Processes
      Simplifies backfill recruitment.

Feature	What It Does
Real-Time Updates	Keeps headcount data current and accessible.
Collaborative Insights	Boosts visibility for HR and hiring managers.
Automated Processes	Simplifies backfill recruitment.

If you're looking to up your game with workforce planning tools, Kinnect's features make it a top pick for managing headcount effectively.

Tailored Workflows and Integrations

Kinnect offers customizable workflows for position management, making approvals a breeze for managers and budget owners. This boosts the overall efficiency of your workforce planning.

More benefits include:

Smooth Integrations: Kinnect works seamlessly with top platforms, helping workforce and operations teams work smarter. This includes two-way integration with Applicant Tracking Systems (ATS), ensuring job and offer data flows smoothly to Workday.
Budget Insights: Get real-time visibility into budget forecasts and actuals for both current and future headcount.
Flexible Approval Processes: Customizable workflows with Budget Owner approvals make requisition management a walk in the park.

For execs aiming to boost their strategic workforce planning, Kinnect's integrations and customizable features are must-haves for optimizing your workforce. Book a live demo today to see how Kinnect can help you streamline and skyrocket your organization's growth.

Seena Mojahedi

Seena is the Founder of Kinnect, a headcount planning product designed for Workday customers. In his 12+ years of experience in the Workday ecosystem, Seena has supported tens of customers in implementing and maintaining their Workday platform, many of whom utilize position management and all of whom have struggled to land on their feet with effective headcount management processes.

After experiencing the pain from position management and solving it repeatedly, he sought a path to invent a better solution. And so Kinnect was born to solve headcount planning and position management, integrate your technology stack, enable manager self-service, and much more! What started out as a “side project” is now full-time with a rockstar team looking to bring a world-class headcount management solution to the market.

Before innovating Kinnect, Seena founded Kandor Solutions back in 2019 to bring top-tier Advisory, Consulting, and Staff Augmentation to Workday customers. He and his team have supported their customers’ success in all facets of Workday, from implementation to post-production, with a unique, customer-side approach unmatched in the market.

When Seena’s not working, he loves spending time with his family, traveling around the world, snowboarding, hiking, and enjoying his morning cappuccino. He holds a BS in Business Administration with an emphasis in Computer Information Systems from California Polytechnic University, Pomona.