News, trends, and insights for finance leaders and professionals.
A Workday survey of civil servants responsible for workforce management uncovers the current state of HR, finance, and enterprise planning systems within government—and tracks the progress in transforming these systems.
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.
The role of the CFO is changing. In this guest post from Kendall James at Collaborative Solutions, find out what the future holds for finance leaders and how technology can help them to adapt to change.
Artificial intelligence (AI) and machine learning (ML) could prompt finance leaders to adopt automation more widely and rethink ways to provide value to the enterprise. A recent Fortune webcast highlighted what opportunities the new technologies might offer.
The world is changing, really, really fast — stop me if you’ve heard this one before. That means organisations need the finance function to step up from the role of business partner and become a value creation partner. At Workday Rising Europe in Stockholm, finance leaders from Kainos, Monex and Veolia joined Workday’s co-president Robynne Sisco to get to the heart of the finance function’s changing role and what being a value creator really means.
Rising climate change risks, heightened consumer expectations, and a dearth of tech talent loom large among the insurance industry’s near-term issues and opportunities. Industry experts share how these demands—and more—will shape the industry in the years to come.
Hyde Group shifted from a clunky legacy system that ate up time to a user-friendly digital finance platform that gives time back. On this podcast episode, Anna Brennan, Hyde Housing’s finance system implementation director, discusses how the finance function went from reporting numbers to adding value.
Technology—including artificial intelligence (AI) and machine learning (ML)—will play a significant role in helping finance leaders retain talent, achieve accounting automation, and create value for the enterprise. Philippa Lawrence, chief accounting officer and vice president at Workday, lays out what she sees on the horizon.
Change brings a whirlwind of opportunities and risks. At Workday Rising Europe, Salumeh Companieh, Chief Digital & Information Officer at Cushman & Wakefield; Christine Leitgeb, Head of Finance for Europe and APMEA at Designit; and Noa Perry-Reifer, Chief People Officer at On Running, discussed how they avoid analysis paralysis and harness the power of digital transformation.
In this article, originally published in the first edition of SmarterCFO, Tim Wakeford, Vice President of Product Strategy, gave his perspective on transforming the finance function and offered advice on shifting from the traditional role of business partner to the value partner the C-suite needs.
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.
Finance leaders are increasingly relying on forward-looking and customer-centric key performance indicators to drive business success.
For professional services firms facing a tight talent market and far-ranging industry pressures, the usual ways of pairing people and projects require a rethink. We talk with Workday’s Patrice Cappello and Justin Joseph to learn more about how intelligent resource management can help.
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.
Our global survey on digital transformation shows that CFOs have a strong awareness of organizational culture, and they’re poised to initiate change.
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. |
Tech companies face a litany of challenges to stay competitive. Here’s why Salesforce chose Workday Financial Management to drive its next generation of growth.
Our survey found that only 38% of financial services leaders are confident in their ability to make data-informed decisions in real time. Workday’s Pete Rutman discusses what this means for the industry and its digital growth.
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.
Next-generation finance professionals face an increasingly complex set of expectations. Philippa Lawrence, vice president and chief accounting officer at Workday, describes what successful accounting teams will look like going forward.
Workday’s finance and strategy leaders spoke with Boston Consulting Group on how finance at Workday has evolved to support our growth, and the lessons other finance leaders can learn through their approach to data and cross-functional collaboration.
The ability to quickly and easily assess potential outcomes—best case, worst case, most likely case—is extremely valuable when variables are constantly changing.
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.
In this article, we provide an in-depth overview of strategic sourcing, its critical role in the business, and how strategic sourcing systems can empower teams to adapt to a changing world.
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.