When building something, what you don’t see matters as much, if not more, than what’s visible. The same concept applies to finance systems. In this interactive infographic, we make it easy to understand the core foundational elements of Workday Financial Management.
Jim O’Connor, who leads the Global Business Advisory Practice at The Hackett Group, shares why enterprise leaders who engage with their finance teams early on in the strategic planning process have far better outcomes.
“Every leader knows that success is no accident—you have to plan for it,” writes Adaptive Insights CEO Tom Bogan. In addition to a great product, the Adaptive Insights crew brings to Workday extensive planning experience and insights from working with more than 4,000 organizations. Learn from Adaptive Insights, a Workday Company, how active planning drives the business forward and enables the finance organization to become a strategic partner.
CFOs operate in an increasingly volatile business environment, exacerbated by the rapid rate of change in the world today. Learn about the top seven risks that weigh most heavily on the minds of finance leaders, based on findings from our "Finance Redefined: Workday Global Finance Leader Survey"
As our chief accounting officer (CAO), Robynne Sisco manages day-to-day finances at Workday. We asked Robynne to share a bit about her role at the Workday Blog, as well as her unique perspective as a user of Workday's financial management system. Robynne told us that being a CAO isn't all about numbers and accounting regulations—at least not when you're at a company that's redefining finance for the enterprise.
Late last year, Shelter Insurance Companies selected Workday to move our finance operations off legacy technology and into the cloud. We are nearly halfway through and expect to have Workday Financial Management fully deployed in September. Workday invited me to contribute to the Workday Blog, and I’ve taken them up on the opportunity to share our experience with others.
With every Workday update, we ask ourselves the same question: How can we meet the requirements of large enterprise customers in a way that's simpler, faster, and smarter? Below I highlight several new features in Workday 22, announced today, that demonstrate how we're delivering on that promise. It's just a sample of all the new functionality we've added to Workday Financial Management in this update—including more than 25 major new features—and as always, our customers have the flexibility to "turn on" any feature at their convenience.
On March 13, Workday announced that JDA Software had selected Workday Financial Management with plans to migrate off its legacy ERP system and unify its HR and finance in the Workday cloud. It’s yet another example of a company that realizes the value of this move and where it can lead.
We talk a lot in our industry about how consumer technologies drive innovation in enterprise technologies. My own favorite example of this is Worktags, just one of our inspirations from the consumer world. Worktags play a supporting role in how our customers will leverage innovations we announced today for Financial Management in Workday 18, as they did in many of the 17 updates that came before it. That's why Worktags deserve their very own blog post as to what they are and why they’re special.
In this episode of In Good Company, Naved Qureshi, associate partner at IBM, talks about what’s top of mind for finance leaders and how they are preparing for change and disruption within their industries.
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 a prospect meeting a while ago we were explaining that with our HR system you could finally get a good answer to the question “Who works here?” The prospect smiled and said, “You know, that’s the wrong question. It’s not who works here, it’s who here works?”
In the second part of this blog series, we look at two other areas that are critical to advancing analytics in the finance function: strategic business partnership and leadership. Read more to learn how CFOs can keep moving their organizations forward on the advanced analytics journey.
What does the future of finance leadership look like for those in France, Germany, and the UK? Learn about CFOs' priorities and concerns around regulatory issues, advanced analytics, collaboration with CEOs, and more from findings in the "Finance Redefined: Workday Global Finance Leader Survey."
Wouldn’t it be nice to have a crystal ball that allows you to gaze into your firm’s future? With the proper business processes, measures, and systems in place, you can more easily forecast which clients and services lines are expected to deliver the most revenue and allocate budget and resources to support them.
Ryan, LLC helps its global clientele of Fortune 500 companies alleviate the challenges of complex tax codes. Their workforce must be able to keep up with changing regulations and requirements, which requires the right talent and systems. Justin Bitner, director of financial management systems at Ryan, discusses the benefits of Workday's unified system and the approach they take to change management.
Workday has released its global “Finance Redefined: Workday Global Finance Leader Survey,” which surveyed more than 670 finance leaders on the future of the finance function and finance leadership. Based on the findings, four priorities will continue to have a significant impact on finance and its ability to support business needs: resilience, intelligence, leadership, and talent.