In her second post in the "Finance and the Tech Foundation" blog series, Betsy Bland looks at three additional tech concepts: a unified architecture, built-in workflow, and having transactions and analytics in one place.
Just like a house needs a good foundation, a finance system needs the right technology foundation. In the first blog in a series, Betsy Bland examines two critical aspects of that foundation: the cloud delivery model and data security.
Workday has adopted the new revenue recognition standard ASC 606 a full year before required, and believe we are the first software company to do so. Here's how we did it, and what we learned along the way.
If finance is to realize its vision of becoming a more strategic business partner, then efficient transaction processing is a necessity. Read more in part two of Mark Nittler's blog series on finance transformation.
Remember the 1980s? "Top Gun," Culture Club, and traditional financial accounting software. Mark Nittler explains why finance teams must move beyond the past in order to manage change and drive growth for their companies.
What will be the biggest issues facing finance and IT leaders in 2017? We posted this question to Workday executives, customers, and partners, and then checked in on what leading industry analysts and researchers are predicting for the coming year.
Workday's Ashley Goldsmith, chief people officer, Robynne Sisco, chief financial officer, and Diana McKenzie, chief information officer, discuss how these three executive roles need to collaborate more closely to keep up with the pace of business.
The role of finance professionals is becoming less transactional and more analytical. That requires more effective collaboration with others across the company on financial and workforce planning. Barbara Larson shares her view on what's needed to make this happen.
Today's complex business environment requires a shift from annual planning and budgeting to dynamic planning and forecasting, says Matthew Schwenderman, principal at Deloitte Consulting. It's a mountain that finance organizations will need to summit, he writes, and getting there will require a strong technology backbone.
As Chief Financial Officer at Workday, how does Robynne Sisco think about balancing our company's goals of culture, growth, and profitability? In this video, Workday Chief People Officer Ashley Goldsmith interviews Sisco on this topic and more.
In the first of this two-part blog series, we examine the most important skills and capabilities required of the CFO of the future, based on multiple studies and interviews with finance experts and practitioners.
Many successes can be attributed to CFO-CIO teamwork, yet there's still room for improvement in the way these two roles collaborate. Deloitte Partner Matt Schwenderman provides valuable advice for a stronger partnership between the CFO and CIO.
CityMD is disrupting the urgent care business. CFO Louis Salamone discusses the company's rapid growth and the role of Workday Financial Management. He also talks about the need for speed—both in the business world and on the race track, where you might find him honing his precision skills in a Porsche.
The CFO at Johnson Brothers Liquor Co. discusses how his team got comfortable with moving off a legacy system and grew to embrace the capabilities of a modern financial system. He also explains how the CFO role is changing, and provides advice for young finance professionals.