Top 10 Financial Management Skills for CFOs
In a business world fueled by new technology and constant change, the finance function—and the CFOs who lead it—must be adaptable to succeed. Learn 10 key financial management skills to stay ahead.
Guidance and insights into financial and workforce planning.
In a business world fueled by new technology and constant change, the finance function—and the CFOs who lead it—must be adaptable to succeed. Learn 10 key financial management skills to stay ahead.
Workday is thrilled to again be recognized as a Leader in the Gartner Magic Quadrant for Financial Planning Software for our Completeness of Vision and Ability to Execute.
Learn how a powerful scenario model’s carefully selected components can translate a future story into usable data.
Every business faces risks and uncertainty. With a structured risk assessment framework in place, your teams can navigate change and disruption with speed and resilience.
Finance leaders face constant pressure to balance financial growth with efficiency. Strong budgeting practices provide the structure to navigate shifting conditions with clarity.
More than 8 in 10 small businesses fail because of cash flow problems. To balance growth with financial stability, SMBs need smart systems and technology in place to make cash flow management continuous and effective.
Modern forecasting demands a holistic approach and the right technology to support it. Learn how companies are connecting sales and demand forecasting with AI platforms to power predictive insight.
Excel is still the most-used tool in the FP&A toolkit. Learn the advanced Excel functions finance professionals use for smart analysis, and why integrating Excel with financial management software is best.
In e-commerce, inventory directly shapes customer loyalty and financial performance. Companies that optimize it with the right strategies and technologies gain a stronger competitive position.
ERP systems are one of the most critical technology investments companies make, yet implementation challenges often derail progress. A well-planned and executed ERP deployment can be the difference between failure and success.
Predictive analytics is reshaping the way organizations navigate uncertainty. By turning data into foresight, it gives leaders clarity to act decisively and keep the business moving forward, even when markets change.
Financial analysts and FP&A professionals play complementary but distinct roles in maintaining a company’s financial health. Learn how the two differ in focus, responsibilities, career trajectory, and business impact.
Accurate financial statements are essential for making informed business decisions. Follow the steps in this guide to maintain reports that are reliable, consistent, and designed to drive strategic action.
Smart inventory management is central to small business profitability and growth. With the right stock management software platform to support it, owners can position their businesses to make smarter resource planning decisions and operate with greater agility into the future.
AI is transforming the FP&A function by providing better data, faster insights, and smart analysis at scale. But to reap the benefits, organizations must understand the current state of AI in finance.
This article defines inventory management and warehouse management, the benefits and challenges of each, and why an integrated solution to managing the entire supply chain is the best approach.
2025 is well underway—but what will the defining trends be for CFOs? Read on to learn about the importance of upskilling finance teams, adopting cloud-based solutions, and AI as a key enabler of integrated finance.
We’re honored to once again be recognized as a Leader in the Gartner® Magic Quadrant™ for Financial Planning Software for our completeness of vision and ability to execute.
Workday has over 280 five-star reviews as of April 30, 2024, in the Gartner Peer Insights “Financial Planning Software Reviews and Ratings” report.
Workday continues to deliver innovation to our customers, enabling advanced planning across the enterprise for increased productivity and better decision-making.
Today’s finance teams must work both faster and better, but too often are held back by the limits of their financial technology. Here's how to change that.
We believe our Leader position reflects the value customers gain by adopting Workday Adaptive Planning.
Now there’s another starting point on the finance transformation journey for companies that desire to modernize their financial consolidation process along with their planning function. Learn about our new offering.
Agile budgeting can help companies build confidence that they’re making the right choices in response to change—and work faster while they’re doing it.
By joining together to plan, measure, and optimize talent, finance and HR can elevate workforce planning, taking it from a static exercise that attempts to guess future needs to an active process that’s able to adjust to constantly changing operational realities.
Organizations, especially large ones, need a planning platform that can handle big, complex models without compromising user experience. Learn how Elastic Hypercube Technology (EHT)—Workday’s next-generation, in-memory architectural engine for Workday Adaptive Planning—is making that possible.
By envisioning and preparing for what’s ahead, organizations can be far more agile, proactive, and successful.
Many professional services firms steer clients through digital transformation journeys, yet rely on disconnected and manual processes to manage their own businesses. Digitizing these areas can help firms be more competitive.
Combat analysis paralysis by first assessing your current planning tools and then imagining an ideal partnership.
Organizations that connect their workforce planning with their finance planning are better able to chart their futures in an ever-changing digital world.
Enterprise performance management (EPM) software enables companies to monitor, measure, and adjust performance across all business units.
When decision-makers have the ability to understand what’s happening with the business now, they can accurately model what is likely to happen in the future.
Timely, accurate financial management reporting helps business leaders make informed decisions based on their organization’s financial health. Here are four steps you can take to improve your reporting process and increase agility.
Traditional planning practices can leave organizations poorly equipped to anticipate and respond to economic or market shifts. Learn how cloud-first modern planning software makes a big difference.
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.
The ability to quickly and easily assess potential outcomes—best case, worst case, most likely case—is extremely valuable when variables are constantly changing.
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.
For true business agility, companies can no longer rely on spreadsheets, manual processes, and legacy financial planning and analysis (FP&A) technology.
Automating repetitive financial planning tasks can reduce errors, shorten cycle times, and increase financial planning and analysis (FP&A) productivity.
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.
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.
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.
Finance and HR routinely produce headcount numbers that don’t match—and that’s a problem.
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.
For successful workforce planning, organizations must rethink their talent strategies to minimize skills gaps, maximize hiring investments, and better align talent with corporate objectives.
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.
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.
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.