With the right tech foundation, finance is able to create consolidated reports on a daily basis if needed, across multiple legal entities and currencies, significantly reducing the amount of time it takes to close the books. Read more in part three of Betsy Bland's blog series.
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.
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.
In the third post in her blog series on digital disruption, Leighanne Levensaler explains why companies struggle with their digital transformation efforts, and how the right technology approach can turn those efforts into successes.
Is it SUMIF? VLOOKUP? Or something else? In honor of our recent launch of Workday Worksheets and spreadsheet fans everywhere, we asked finance practitioners what their favorite spreadsheet function is and why. Here’s what they had to say.
Workday's new Data-as-a-Service extends the analytical power of Workday in an innovative new way. Most importantly, our customers told us they need real-time, drillable information that delivers the kind of business benchmarks required in today’s world.
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.
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.
Collaboration between finance, HR, and operational leaders is critical to driving growth and adapting to constant change. Workday's Leighanne Levensaler, Kae Arima, and Kim Roa share how they work together.
There used to be a lot of talk about whether the cloud was secure enough to manage an organization’s financials. Mark Nittler explains why the conversation has shifted from “Why cloud?” to “I’m ready for finance in the cloud—what can it do for my business?”