Many businesses are looking to the intelligent future with equal measures of excitement and trepidation. To help our customers navigate the evolving technology landscape, and gain a framework for their own intelligence strategies, we have developed a four-stage maturity model that outlines how Workday believes intelligence will impact the enterprise.
While there is more data available than ever before, many companies and their finance teams struggle with how to use it effectively. Workday Co-President and CFO Robynne Sisco explains how having a single source of truth empowers managers with data, provides richer insights, and improves business partnerships and conversations.
There’s a difference between understanding the benefits of advanced analytics and putting them into practice. Findings from Workday's “Finance Redefined” study reveal that the successful use of advanced analytics hinges on an organizational culture that is focused on data-based decision-making rather than intuition.
Our “Finance Redefined” study reveals that only a minority of CFOs are using advanced analytics across key areas of finance today. Given that advanced analytics has so much to offer, why have many CFOs yet to fully embrace their potential? Read more to learn about the roadblocks to leveraging advanced analytics and steps organizations can take to overcome them.