News, trends, and insights for finance leaders and professionals.
New research from Workday finds that many chief financial officers (CFOs) are worried about their acceleration gap—the shortfall between the pace of change driven by new opportunity, and the ability of an organisation to capitalise on it. The challenge appears to be particularly acute in Asia Pacific and Japan (APJ).
Our survey reveals CFOs have struggled more than other executives to consistently meet business demands. At the same time, CFOs are increasingly aware they need more reliable, accessible data to be able to decisively lead their organizations forward.
Traditional categories in media and entertainment are quickly melting away. How can leaders in these industries thrive when everything is changing all the time?
German neobank N26 is disrupting the banking market and paving the way for a new generation of financial services companies.
To thrive in a competitive and global marketplace, you need exceptional financial forecasting processes and a finance team capable of orchestrating them.
The age of continuous planning for retail CFOs is here, and it is the key to unlocking increased efficiency, lowering costs, and forging a positive path forward, even through disruption.
Businesses are realizing that strengthening procurement, strategic sourcing, and supply chain management is critical to their success.
How a company approaches environmental, social, and governance (ESG) issues is more pressing than ever before. Here’s where we’re focused at Workday to help do our part and innovate in the area of ESG.
As countless businesses have discovered, adopting a culture of continuous planning helps unlock an agile future.
How can you get to the underlying financial and operational data that reveals what’s really driving the business? Discover how to overcome common barriers and where to best invest so you can adapt to change as it happens.
Organizations dedicated to their role in the global movement toward sustainability have put responsible environmental, social, and governance (ESG) practices at the forefront. Deloitte’s Rikki Stancich and Andrew Wood describe how to use Workday Adaptive Planning to assess ESG metrics, determine improvement goals, and report progress.
The gap between the intensifying rate of change and an organization’s ability to keep up with it is a strategic problem with painful results. Here’s what’s required to close the gap.
The enterprise management cloud can help organizations remove friction in their finance processes to achieve greater efficiency and add enterprise value. Workday's Barbara Larson lays out the process.
Workday’s latest CFO Indicator survey asked 267 CFOs around the globe about their plans and priorities for the next five years. Learn how those who were identified as “finance outperformers” are leading the way by investing in skills and technology for the future.
The PGA European Tour’s chief financial officer, chief technology officer, and chief people officer discuss finance, IT, and HR transformation against the backdrop of a global pandemic.
Finance leaders helping to shepherd their companies toward an increasingly technology-enabled digital operating model are demanding more capabilities from their ERP solutions. Addressing five key questions can help enable a smooth transition.
The global sourcing leader at Ralph Lauren shared insights and best practices for driving high-performing procurement at our Conversations for a Changing World digital event.
Discover how a professional services automation (PSA) platform can help services organizations better deliver on client projects and increase efficiency, insight, and customer satisfaction.
Finance leaders from Accenture, Cisco, Toyota North America, and Workday shared insights on how they’re thinking about the future of work at a recent event. That includes prioritizing environmental, social, and governance (ESG) efforts and building stronger relationships with employees.
According to our latest global study, retail organizations are ahead of other sectors in understanding the importance of digital revenue and, more importantly, having the agility to act quickly on opportunities.
Neil Gribben, vice president of accounting and control at hospitality and leisure company Belmond, met with Workday’s Tim Wakeford to discuss how finance has pushed forward with digital acceleration during the pandemic.
Building out a supplier relationship management (SRM) program doesn’t have to be intimidating. Explore the four pillars of a successful SRM program and best practices for driving supplier performance.
Companies must think beyond a “lift and shift” of their current ERP system to the cloud. Instead, they must uplift and re-shift their systems and processes to align with achieving business goals in the digital age. That’s why Workday, as an enterprise management cloud solution, is different.
The pace of business is even faster now as companies plan for life after COVID-19. What's trending today becomes tomorrow’s disruption—and tomorrow’s disruption will eventually define a new way of working.
Although environmental, social, and governance issues aren’t simple, Brian Moynihan advised CFOs in a recent Fortune event to approach ESG metrics in a way that is straightforward, calculable, and deliverable.
Gartner gave it a name, but the concept of Extended Planning and Analysis (xP&A) isn't new. Learn more about xP&A and what it means for your enterprise.
The challenge for many CFOs is that the technologies and processes they currently have in place for planning may actually hinder their efforts to achieve agility.
Shift happens—again and again. Yet to succeed in an ever-changing business environment, financial services industry CFOs must drive better decision making and flexibility by uniting operational and financial data in an enterprise management cloud.
The evolving role of the CFO means that rising finance leaders must now be fluent in technology and human relationships. Panelists at a Fortune virtual conversation shared their unique approaches to leadership.
Finance leaders say they’re bullish on their companies, and want to improve environmental, science, and governance (ESG) reporting and diversity and inclusion efforts, according to PwC’s latest Pulse Survey.
CFOs need a cloud provider that helps them quickly close their books and report results. Yet they also should be provided with the needed insights to be able to clearly articulate their strategic vision and discuss future growth opportunities. Read our Q&A with Terrance Wampler, general manager, Workday Financial Management.
Understanding a company’s key variables and how to react to different outcomes can help leaders respond to future challenges—and succeed in turbulent times.
A Workday global survey reveals how finance leaders are looking to invest in digital transformation to address growing data challenges and emerging topics.
CFOs and other finance leaders recognize that future business survival requires greater agility in planning, reporting, and resource-capacity management. And while organizations will employ their own strategy for meeting these goals, a recent survey reveals that most leaders prioritize the adoption of smart technologies and cross-functional skills sharing.
A recent Deloitte report finds high quality data is a top priority for a vast majority of business leaders, but deploying the right solutions is its own challenge. A recent webinar examines real-world examples of what digital transformation can achieve.
This article looks at a global survey of 162 finance managers and senior executives that reveals significant conflicts between finance leaders’ aspirations and how they do their day-to-day work.
We’re delighted to announce that Workday has been recognized as a Leader in the 2021 Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises. We’ve continued to invest in our unique architecture and intelligent data foundation to ensure our customers have the robust analytics and automation they need to respond to a changing world.
How can a business accelerate its move to digital finance in a post-pandemic world? Here are four areas that are driving value, and should be on every finance leader’s radar in 2021 and beyond.
The post-pandemic world, when it arrives, will transform many aspects of business as usual. As a result, CEOs will turn to finance leaders who not only have accounting experience, but also wider operational backgrounds and a broader mix of business experience.
As businesses seek to rebound from the global pandemic, the rise of intelligent automation will change the way organizations operate forever. This article examines how technologies such as machine learning will reshape the office of the CFO.
We’re proud to once again be recognized for our completeness of vision and ability to execute, especially at such a pivotal moment for businesses and economies.
Leaders need good quality data to make real-time decisions and steer their businesses on a path to normality. This article looks at three key insights finance leaders should be delivering to the business, and why they are so important today.
When finance leaders were cast into the chaos caused by the global pandemic, many discovered that in the face of economic tumult, the ability to operate with agility is exactly what’s needed to prevent their businesses from capsizing.
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Finance leaders are in a critical position to help assess the options and impacts associated with returning to the workplace, including how the business can grow and react differently in the future.
As the business world shifts toward recovery and the concept of a new normal, agility is fast-becoming priority number one for finance teams. Here, we take a closer look at four elements of finance agility and how businesses should be thinking about them today.
The pandemic has accelerated long-standing business trends and forced leaders to take a hard look at priorities. Here’s how the partnerships between finance and HR are playing out amid the coronavirus crisis.
Having the tools for data-driven decision making enables organizations to plan, pivot, and build strategic partnerships that support business continuity, growth, and changes in the healthcare industry.
We believe Workday’s ability to achieve this recognition year after year is based on our intensive focus on delivering world-class customer service and our reputation as a trusted global partner.
As organizations try to make sense of an economic landscape that continues to evolve, business planning becomes more important than ever. Kinnari Desai, senior director of corporate finance at Workday, discusses scenario modeling and the importance of agility in planning.
The finance team is at the forefront of leading a business through uncertain times. What should CFOs be focused on? In this article, we look at five key areas to prioritize.