We recently hosted a small group of industry analysts and customers at our latest Workday Technology Summit. While there, we had the opportunity to talk to Christopher Klimek, vice president of global finance and HR technology at Aon plc, and Mike Hite, director of finance technology at WeWork, about the business impact of their Workday Financial Management deployments, and why you shouldn’t replicate your current business model in a new financial management system.
Aon is a leading insurance and professional services firm with 70,000-plus colleagues in 120 countries. The company needed a way to quickly gain insight into its financials and make decisions at the speed of global business. Klimek says the precision and speed that Aon couldn’t get from its former systems was creating some big challenges.
WeWork provides the space, services, and community to “help people make a life, not just a living,” says Hite. Their members run the gamut from entrepreneurs, freelancers, and startups to multi-national enterprises. WeWork has 140 physical locations spanning 44 cities in 10 countries. With the company’s rapid growth, and with each new workspace being its own legal entity, Hite says the company needed an agile and powerful financial management system that could act as a single source of truth across regions.
What follows are some highlights from those conversations.