Harvard Business Review Analytic Services Study: Modern Planning Tools Boost Agility
A new report uncovers a divide between the modern planning tools that organizations want and the ones they have—but also finds growing efforts to bridge the gap.
Planning
Guidance and insights into financial and workforce planning.
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Scenario Planning: The Reality Check Every Business Needs
The ability to quickly and easily assess potential outcomes—best case, worst case, most likely case—is extremely valuable when variables are constantly changing.
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Top 5 CFO Questions About Going Beyond ERP
Finance leaders looking to the next generation of enterprise resource planning (ERP) systems must focus on how their software will connect people, operational, and financial data to create value now and well into the future.
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Why Modern Planning Software Is Essential in Times of Uncertainty
For true business agility, companies can no longer rely on spreadsheets, manual processes, and legacy financial planning and analysis (FP&A) technology.
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Is It Time to Automate Your Finance Planning Processes?
Automating repetitive financial planning tasks can reduce errors, shorten cycle times, and increase financial planning and analysis (FP&A) productivity.
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FP&A’s Role in ESG Planning and Reporting
As demand for disclosure increases, CFOs will need help from their financial planning and analysis (FP&A) teams to meet and report on environmental, social, and governance (ESG) goals.
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McKinsey Expert: How to Build the Best Team to Support the CFO
As CFOs are tasked with more responsibilities, one way to create greater value across the enterprise is to envision what next-level financial planning and analysis (FP&A) teams will look like. McKinsey & Co. expert Michele Tam identifies considerations for finance leaders looking to the future.
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How Sales Teams Can Successfully Navigate Today’s Environment
In a time when unpredictability is the new status quo, sales teams need a powerful planning tool that can help them course-correct with precision and speed.
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How to Solve the Challenges of Headcount Reconciliation
Finance and HR routinely produce headcount numbers that don’t match—and that’s a problem.
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Efficiently Navigating International Regulations and Multinational Growth: Can Your ERP Do This?
Shifting regulatory environments, compliance obligations, and tax laws around the globe are increasing challenges for businesses using legacy systems. The Workday Enterprise Management Cloud offers a new approach geared toward the future.
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A Future-Ready Workforce Calls for Companywide Planning
For successful workforce planning, organizations must rethink their talent strategies to minimize skills gaps, maximize hiring investments, and better align talent with corporate objectives.
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9 Ways to Plan for the Changing World of Finance
To thrive in a competitive and global marketplace, you need exceptional financial forecasting processes and a finance team capable of orchestrating them.
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The Power of Continuous Planning for Retail CFOs
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.
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The Power of the Employee Voice in Successful Business Transformation
Successful business transformation initiatives can be difficult to manage, especially when employees aren’t aligned with leadership. The best way to close that stakeholder gap is by empowering the employee voice.
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Continuous Planning Catapults Finance Forward
As countless businesses have discovered, adopting a culture of continuous planning helps unlock an agile future.
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Why an Intelligent Data Foundation Is Key to Becoming Decision-Ready
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.
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Planning for a Sustainable Future: How Organizations Can Deliver Data-Driven ESG Results
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.
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These 2 Imperatives Will Help You Close the Acceleration Gap
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.
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Accelerating the Digital Finance Journey: A Four-Step Framework for Value Creation
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.
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CFOs Reveal Top Priorities for Future-Proofing Finance Teams
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.
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Dynamic Forecasting: A North Star for Businesses in Uncertain Times
Dynamic forecasting can guide businesses through fluid markets and uncertain times. A recent report by Business Application Research Center (BARC), in collaboration with Workday, indicates businesses are starting to respond to the urgency to be more agile and are shifting to intelligent, real-time forecasting.
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How Continuous Recalibration Helps Your Business Avoid the Acceleration Gap
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.
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What Is xP&A?
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.
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The Age of Agility Demands You Lose That Outdated ERP System
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.
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CFOs Expect Robust Growth Over the Next Year, Look to Meet Challenges
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.
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How Scenario Planning Future-Proofs Finance
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.
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Where CFOs Are Prioritizing Resources to Enable a Frictionless Finance Future
A Workday global survey reveals how finance leaders are looking to invest in digital transformation to address growing data challenges and emerging topics.
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Global Study: Finance Leaders Reveal Key Goals and Challenges for Driving Digital Acceleration
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.
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3 FP&A Forecast Mistakes You Don’t Want to Make
Rolling forecasts can be true game changers. If you take the time to avoid some of these common mistakes, you can be sure that your FP&A team becomes a key driver of business results.
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Harvard Study: Finance Faces Long Road to Data and Analytics Maturity
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.
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Workday Named a 2021 Leader in Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises for Fifth Year in a Row
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.
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Why Integrated Workforce Planning Is Vital for Business Agility
The pandemic has created momentum for the remote workforce and there’s no going back, with one study predicting the total percentage of work from home employees will double in 2021. With this big change, one thing is for certain: Decades-old workforce planning processes will no longer work.
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How Finance Must Rethink Skills to Thrive in the Digital Era
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.
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How Intelligent Automation Will Transform the Finance Function
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.
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Workday Named a Leader in Gartner Magic Quadrant for Cloud Financial Planning and Analysis Solutions
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.
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3 Finance Insights Guiding the Way to Business Recovery
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.
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Results of Workday’s 2020 CFO Indicator Survey: Agility Is Everything
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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CFO Checklist: Guiding Your Business Through a Successful Return to Work
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.
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3 Steps for Planning in a Changing World
Technological advances, ever-increasing customer expectations, and smarter, data-driven decision-making put pressure on finance teams to find new ways to operate with agility. But how do you plan in a way that allows you to respond to such events, from the predictable to the unlikely?
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CFOs Play a Powerful Role in Continuous Planning
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.
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Looking Forward: Best Practices for Financial Scenario Modeling
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.
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How the CFO Can Tackle Uncertainty and Persistent Change
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.
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Workday Podcast: Enterprise Agility in the Age of Urgency
Workday Vice Chairman Tom Bogan, who led Adaptive Insights through to its acquisition by Workday, discusses the urgent need for agility in today’s environment and how it impacts an organization’s longevity.
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