Guidance and insights into financial and workforce planning.
Adaptive Planning in Business: Charting the Future in Real Time
Businesses are being held back by legacy planning systems that silo data. With adaptive planning, organisations access real-time, enterprise-wide data to create and adjust plans collaboratively. So you can stay ahead of change—and the competition.
AI & Machine Learning: Transforming FP&A
AI and machine learning are reshaping finance—slashing the time it takes to plan, report, and forecast, and allowing finance teams to spend more time on sharing insights rather than trading spreadsheets.
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.
How Cross-Functional Planning Enhances Collaboration with FP&A
Operating in silos is the old way of doing business. For FP&A teams to deliver the most value to today’s organisations, they need to embrace cross-functional collaboration with key company functions.
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How to Create Business Resilience through What-If Analysis in FP&A
The unexpected is part of doing business, but smart leaders use what-if analyses to ensure they don’t miss out on opportunities or aren’t capsized by an emergency. Try these tips to guide your what-if analysis process.
What is Business Process Automation?: A Guide for FP&A Teams
Quickly changing business environments demand that companies be agile to be successful. Business process automation helps organisations to do just that by ensuring they devote their workforce to the right tasks.
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 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
A Workday global survey reveals how finance leaders are looking to invest in digital transformation to address growing data challenges and emerging topics.
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.
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.
We’re delighted to announce that Workday has been recognized as a Leader in the 2021 Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises. We’ve continued to invest in our unique architecture and intelligent data foundation to ensure our customers have the robust analytics and automation they need to respond to a changing world.
