Our Key Takeaways From the Gartner® Hype Cycle for ERP, 2023 Report
Report shows Application, Finance and IT leaders which technologies can transform their businesses as well as when and how to include them in their ERP strategy.
News, trends, and insights for finance leaders and professionals.
Report shows Application, Finance and IT leaders which technologies can transform their businesses as well as when and how to include them in their ERP strategy.
The Hidden Costs of Maintaining Legacy Systems in FP&A
FP&A teams have long relied on legacy systems. But as the associated costs climb—from maintenance requirements to operational inefficiencies—more finance and IT leaders are rethinking the status quo.
Today’s finance teams have more responsibilities than ever as CEOs increasingly look to the CFO to shape business strategy. In an increasingly challenging environment, AI and machine learning can cut through complexity and help finance add greater value.
3 Steps to Select the Best FP&A Software Tool for 2024
The right FP&A software can help transform your organisation—reducing manual processes and mistakes, speeding time to insights, and helping your company quickly react to market changes.
A Panel Discussion With Beazley and PwC: Navigating Uncertainty in the Insurance Space
At Workday Elevate in London, Workday's Viren Patel was joined by Beazley's Head of Finance Operations, Dauda Jammeh, and PwC Partner and Head of Insurance & AWM, Tom Brown, to discuss the challenges companies face on their financial and digital transformation journeys and how technology and expertise can come together to deliver the best outcomes.
AI has the potential to transform many FP&A functions including quicker access to higher-quality data. But to reap the benefits, organisations will need smart security and privacy policies.
We believe our Leader position reflects the value customers gain by adopting Workday Adaptive Planning.
While the opportunity for AI in finance is nearly unlimited, it can also be overwhelming. To clarify a path forward, we created the “Global CFO AI Indicator Report,” commissioned with FT Longitude.
In the first installment of the Q&AI video series, Sayan Chakraborty, co-president of Workday, explains how artificial intelligence is transforming finance.
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.
We’re thrilled to be named a Leader in this category for the second time since the category’s inception last year. With artificial intelligence and machine learning built into its core, Workday Enterprise Management Cloud unlocks the potential of our customers’ processes, data, and people.
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.
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.
By envisioning and preparing for what’s ahead, organizations can be far more agile, proactive, and successful.
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.