What is a Stratum in the context of Workday Adaptive Planning?

In the context of Workday Adaptive Planning, a Stratum is defined as a unit that specifies a particular time frame. This concept plays a crucial role in financial planning and analysis, allowing organizations to structure their financial data over distinct periods, such as quarters or fiscal years. By defining data hierarchy using Stratum, users can perform time-based analysis and reporting effectively, enabling better insights into financial performance.

Stratum helps in organizing data analysis by linking financial metrics and reports directly to relevant time frames, which enhances clarity and ensures that all users are looking at the same temporal context when comparing data or making decisions. The ability to segment data according to time frames is vital for accurate forecasting, budgeting, and historical analysis, making Stratum a foundational element in the planning process within Workday Adaptive Planning.