Although both Workday Financials and
Adaptive 3.0 are live, there’s still a lot of ground to cover with Finance Strategic Transformation. The project team is working with
our stakeholders to make tweaks, provide support, and do further work with
reporting and analytics and other continuous improvement efforts. Between now and December 2022, we'll be moving through two critical phases, Hypercare and Stabilization.
Read more about the Hypercare Phase and Stabilization.
Help as we Transition
During these
next few months, users might find that they’re thrown a little bit backward in terms
of their comfort with so many big changes. Learning to do
anything well takes time, patience, and practice. We encourage folks to keep attending office
hours, seek out the resources we have online, revisit training and quick
reference guides as needed, and stay in touch with project news.
The deadline to complete Workday Financials Training has been extended to August 31!
View a list of resources that can help you and your team.
Keep Track of Approvals in Workday Financials
We aren’t
used to getting notifications through Workday Financials about financial
actions we need to take, and some of us may have new roles and new processes we’re
working with. You can run the “Processes
Awaiting My Action” report in Workday to see what you need to attend to and how
long it’s been out there.
Read more and access quick reference guides for approvals on common processes.
Adaptive Planning 3.0 Progress
A big next step
for both Workday Financials and Adaptive Planning 3.0, our budgeting software,
is that on August 17, the budget will load from Adaptive into Workday for the
first time. Since the launch of Adaptive on July 28, most folks who need
training have taken it, but there are some outliers, so if you haven’t taken
your training, please do so! The
Adaptive Planning Team is holding office hours throughout this month if you
need assistance as you’re getting into the system.
More information on what's next for budgeting at UVA
Fund Balance Realignment
Round 1 of
fund balance realignment submissions are done and posted to journals, and those
updates are reflected in Workday Financials.
There’s another round of submissions that will take place in September,
and then after that cycle, schools and units can continue to move balances as
needed with those changes being reflected in the period when the transfer is
made.
Get all the details and a link to the Fund Balance Realignment quick reference guide.
More Items of Interest
- How does Request-Based Access Work?
- Workday Financials Recordkeeping Guidance
- Workday Reporting Functionality
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