Workday Rising 2014: Collaborating with Customers on the Future of Finance in the Cloud

This week, more than 4,500 customers, prospective customers, partners, and employees will come together for Workday Rising 2014 at Moscone Center in San Francisco. We often celebrate milestones each year at Workday Rising, and this year we have a lot to celebrate with our Workday Financial Management customers.

Our Workday Financial Management community is now more than 100 customers strong, all learning from one another and pushing new boundaries. That number continues to grow globally with today’s announcement about new customer King Digital Entertainment Plc, based in London.

Workday Rising 2014 We’ll have a lot to discuss as we gather at Workday Rising, but I think there are two key themes that are top-of-mind for most customers and prospective customers as we continue to welcome more corporate finance teams to the cloud:

Increasing speed, ease, and accuracy. Our customers tell us that in today’s fast-paced business environment, every minute counts. For them speed, ease, and data accuracy were foremost in choosing Workday. Their finance teams don’t want to spend time on manual processes such as combing through data to answer finance questions or reconcile numbers—they want to spend it on strategic business recommendations.

While our customers are making great progress, we also know we must find new ways to keep pace with their needs as their business demands grow. Workday Rising is the perfect venue to learn how our customers have successfully deployed Workday Financial Management and what more we can do to help them succeed. For example:

  • Robin Basham, director of internal audit at Ellie Mae, will talk about how her company has made the audit process more effective, organized, and streamlined with Workday.
  • Riaan Du Preez, director of HR and financial applications at Netflix, will discuss the company’s ability to process all payments within one hour each week with increased insight into overall spend.
  • In today’s City of Orlando announcement, we share how the City is able to more accurately create cost projections and how it improved coordination between procurement and accounts payable.

More insights. Also on the minds of corporate finance teams is the pressure to deliver more: more insights, value, and recommendations back to the business. That’s why we developed Workday Financial Management to be both an accounting system and a modern financial reporting and analytics tool.

We are constantly looking for new ways to help customers in this area by layering new tools onto our technology foundation. In September, for example, we burned the binder with the introduction of Composite Reporting, and we’re excited for our customers to share how they are reducing time to insights as a result. Here are a few examples:

  • Dustin Cramer, director of finance at AAA NCNU, will share how the company is building multi-dimensional financial and operational reports using Workday’s Composite Reporting tool.
  • Brian Fisher, director of accounting technology at Life Time Fitness, will offer tips on how to set up a chart of accounts and use Worktags for financial reporting to gain better business insights. Life Time Fitness was a design partner for Composite Reporting, so I can’t wait to hear what life is like with this innovative new tool!
  • Robynne Sisco, chief accounting officer at Workday, will share how we are using Notebooks and our Composite Reporting tool to deliver financial reports on mobile devices to our leadership team. (Check out this recent interview with Robynne.)

Workday Rising is also a chance for us to talk about what’s next. We’ll discuss our strong focus on usability, global support, and specific industry functionality. We’re committed to creating a financial management solution that goes beyond the traditional to meet the needs of the modern workforce and the modern world.

I look forward to connecting with many of you at Workday Rising. For those who can’t join us, I’ll share what I learn from these customer get-togethers in another blog post. Stay tuned!