The State of AI in FP&A Right Now
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.
Planning
Guidance and insights into financial and workforce planning.
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Inventory Management vs. Warehouse Management
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.
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2025 Financial Planning Trends Every CFO Should Know
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.
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Workday Named a Leader in the 2024 Gartner® Magic Quadrant™ for Financial Planning Software for Third Year in a Row
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.
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Workday Recognized as a 2024 Customers’ Choice for Financial Planning Software by Gartner® Peer Insights™
Workday has over 280 five-star reviews as of April 30, 2024, in the Gartner Peer Insights “Financial Planning Software Reviews and Ratings” report.
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Reimagining the Enterprise Experience With AI
Workday continues to deliver innovation to our customers, enabling advanced planning across the enterprise for increased productivity and better decision-making.
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Elevate Financial Insights With Unified Planning and Consolidation
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.
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Workday Named a Leader in the 2023 Gartner® Magic Quadrant™ for Financial Planning Software for Second Year in a Row
We believe our Leader position reflects the value customers gain by adopting Workday Adaptive Planning.
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Workday Adaptive Planning and Consolidation—Another Starting Point on the Finance Transformation Journey
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.
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Drive Flexibility With an Agile Approach to Budgeting
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.
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Bridging the Gap Between Finance and HR Delivers Positive Business Outcomes
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.
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The Need Greater Planning Performance Scalability
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.
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How Can You Make the Switch to Continuous Planning?
By envisioning and preparing for what’s ahead, organizations can be far more agile, proactive, and successful.
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Why Professional Services Firms Must Digitize These 5 Areas
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.
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Is Now the Time to Move to a Cloud Planning Platform?
Combat analysis paralysis by first assessing your current planning tools and then imagining an ideal partnership.
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Uniting Finance and Human Resources for Better Planning
Organizations that connect their workforce planning with their finance planning are better able to chart their futures in an ever-changing digital world.
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What Is Enterprise Performance Management?
Enterprise performance management (EPM) software enables companies to monitor, measure, and adjust performance across all business units.
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How Continuous Planning Enables Business Agility
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.
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What Is Financial Management Reporting?
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.
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Adaptability Is a Strategic Imperative for Future Success
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.
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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.
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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.
