News, trends, and insights for finance leaders and professionals.
Report: Rethinking Finance and Human Resources in Hospitality
Find out how your hospitality business can rise to the challenges disruption brings in our whitepaper with IDC. You’ll learn how to create excellent customer experiences and why rethinking your finance and HR digital strategies is key.
Innovate UK is the UK's innovation agency. It drives productivity and economic growth by supporting businesses to develop and realise the potential of new ideas. At Workday Elevate London, Doug Ward, deputy director of business systems and insight at Innovate UK, spoke with Carolyn Horne, President EMEA at Workday. He gave his perspective on digital transformation and offered advice to those on a similar path to change. |
Many CIOs are in the driver's seat when it comes to deciding their organization's overall ERP strategy. Yet successful transformation requires effective partnership with other stakeholders, particularly the CFO. Learn why building strong relationships across the business is critical to ERP modernization, and the business benefits that come from an adaptable platform.
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.
Learn why the connection between retail’s front and back office is essential for solid decision-making.
Learn best practices for creating a supplier contract management strategy to identify supplier gaps and drive savings.
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.
We’re delighted to announce that Workday has been recognized as a Leader in the 2022 Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises, a new category. Answering the call from our customers, Workday Enterprise Management Cloud transforms the way organizations operate by going beyond the boundaries of traditional enterprise resource planning (ERP) systems.
Finance and HR leaders in midmarket companies say landing key talent and improving operational efficiency are critical for success, according to a new AchieveNEXT survey.
The finance and banking sectors have long been ripe for digital transformation. Yet, legacy technologies have often prevented wholesale digital change. We’ll take a look at two challenges facing the European banking sector and the risks facing organisations on the path to financial transformation.
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.
Companies are asking more of their CFOs than ever before. They’re expected to lead environmental, social, and governance (ESG) initiatives, oversee digital transformation projects, and ensure their teams have the right skills for the future. That’s why finance leaders need the right technology.
The advent of machine learning, automation, and the Workday Enterprise Management Cloud suggests the era of a continuous close for financial reporting is within reach. Our Chief Accounting Officer and Vice President Philippa Lawrence explains how we’ll get there.
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?
On its journey to digital transformation, 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.
At Workday Industry Insights EMEA, experts, customers, and industry commentators discussed how financial services organisations are embracing digital to deal with a future that is anything but normal.
As businesses across Europe take the first tentative steps toward normality following the worst of the COVID-19 pandemic, attention is now turning to how to prepare for the future. Finance leaders from Workday customer companies discuss resilience, digital transformation, and some of the lessons learned.
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.