How to Conduct a Risk Assessment
Every business faces risks and uncertainty. With a structured risk assessment framework in place, your teams can navigate change and disruption with speed and resilience.
Planning
Guidance and insights into financial and workforce planning.
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How to Manage Cash Flow: 8 Best Practices
More than 8 in 10 small businesses fail because of cash flow problems. To balance growth with financial stability, SMBs need smart systems and technology in place to make cash flow management continuous and effective.
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Sales vs. Demand Forecasting: What’s the Difference?
Modern forecasting demands a holistic approach and the right technology to support it. Learn how companies are connecting sales and demand forecasting with AI platforms to power predictive insight.
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10 Most Useful Excel Functions for Financial Analysis
Excel is still the most-used tool in the FP&A toolkit. Learn the advanced Excel functions finance professionals use for smart analysis, and why integrating Excel with financial management software is best.
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The Ultimate Guide to ERP Implementation
ERP systems are one of the most critical technology investments companies make, yet implementation challenges often derail progress. A well-planned and executed ERP deployment can be the difference between failure and success.
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Predictive Analytics Techniques for Business
Predictive analytics is reshaping the way organizations navigate uncertainty. By turning data into foresight, it gives leaders clarity to act decisively and keep the business moving forward, even when markets change.
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FP&A vs. Financial Analyst: Key Differences to Know
Financial analysts and FP&A professionals play complementary but distinct roles in maintaining a company’s financial health. Learn how the two differ in focus, responsibilities, career trajectory, and business impact.
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How Inventory Management Software Drives Small Business Growth
Smart inventory management is central to small business profitability and growth. With the right stock management software platform to support it, owners can position their businesses to make smarter resource planning decisions and operate with greater agility into the future.
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10 Accounting Reports and the Best Templates
The right accounting reports don’t just track the past—they guide the future. From essential templates to scalable systems, finance teams need to build reporting structures that drive smart, data-informed decisions.
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12 Sales Forecasting Methods for Enterprise Business
Forecasting isn’t guesswork—it’s strategy. From historical trends to AI-driven financial forecasting models, learn twelve proven forecasting methods that help enterprise leaders plan with clarity and precision.
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How to Create a Financial Plan for Your Small Business
Small businesses often rely on ad-hoc financial planning even as evidence shows that a sound financial plan is key for growth. Read on to learn the components of a small business financial plan, its benefits, and common challenges.
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Why AI for Business Planning Is the Future
Business planning is no longer about static forecasts. Learn the ways AI-driven planning is transforming decision-making, improving forecasting, and helping businesses stay ahead of change.
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6 Scenario Planning Tools for Strategic Business Management
Navigating uncertain times is hard for any business—but it doesn’t have to be. Learn how scenario planning tools can set your business up for success.
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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.
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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 firmly underway—but what will the defining trends be for CFOs? Read on to learn more 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 recognised 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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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.
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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.
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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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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.
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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.
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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.
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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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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.
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The Future of FP&A: Automation, AI, and the Trends of 2024
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.
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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 for Greater Planning Performance and 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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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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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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