Global companies are grappling with increased complexities and challenges, especially as they expand into new markets. Here's a look at three significant sources of those challenges, and how leveraging advances in financial systems and having a single source of truth for data can make a big difference.
There’s a difference between understanding the benefits of advanced analytics and putting them into practice. Findings from our "Finance Redefined: Workday Global Finance Leader Survey” reveal that the successful use of advanced analytics hinges on an organizational culture that is focused on data-based decision-making rather than intuition.
Our “Finance Redefined: Workday Global Finance Leader Survey” reveals that only a minority of CFOs are using advanced analytics across key areas of finance today. Given that advanced analytics has so much to offer, why have many CFOs yet to fully embrace their potential? Read more to learn about the roadblocks to leveraging advanced analytics and steps organizations can take to overcome them.
Organizations face many risks, and finance leaders play a critical role in putting in place the capabilities, processes, and tools to manage risk. Yet our recent research report, “Finance Redefined: Workday Global Finance Leader Survey,” found that only 39 percent of finance leaders are highly confident in their ability to manage their top risks. Learn about the key barriers that enterprise organizations face when it comes to risk management.
As they look to expand, midsize companies often realize that their current systems and processes across finance and HR aren’t going to support their ability to scale and grow. But with all the noise in the technology market, the process for finding the right system can be daunting. Download this guide to learn how to scope your business requirements, evaluate vendors, get the most out of a demo, and choose a deployment approach.
CFOs operate in an increasingly volatile business environment, exacerbated by the rapid rate of change in the world today. Learn about the top seven risks that weigh most heavily on the minds of finance leaders, based on findings from our "Finance Redefined: Workday Global Finance Leader Survey"
Workday has released its global “Finance Redefined: Workday Global Finance Leader Survey,” which surveyed more than 670 finance leaders on the future of the finance function and finance leadership. Based on the findings, four priorities will continue to have a significant impact on finance and its ability to support business needs: resilience, intelligence, leadership, and talent.
Attracting, developing, and retaining the right talent can be a real struggle for midsize companies. This three-part blog series concludes by examining how organizations can improve their talent management strategy and how technology can help support it.
Midsize organizations have a unique advantage over large companies—agility. Yet capitalizing on new opportunities requires effective business planning, and this is not typically an area where the mid-market excels. Learn how to quickly adapt to change in part two of a three-part blog series.
When it comes to job creation, innovation, and economic growth, middle-market companies are the true workhorses. Yet many have greater aspirations—what does it take to reach the next level of success? In part one of a three-part blog series, we examine how midsize companies can improve operational efficiency to support scale and growth.
What is top of mind for finance leaders at mid-size organizations this year? Read on for key findings from the “8th Annual CFO Alliance Sentiment Study,” which surveyed more than 500 senior financial executives in the middle market to understand their anticipated challenges and opportunities, and offers insights on how to address them.
In this episode, KPMG Principal Joe Moawad discusses how the CFO role and finance organization are evolving to support big changes on the horizon, ranging from tax reform to cloud migration and intelligent automation.
Finance leaders who can effectively take on an advisory role, while leveraging technologies that help them quickly deliver meaningful data, will be best suited for a successful 2018. Workday customers, executives, and partners share their take on the biggest issues and trends impacting finance leaders this year.
Success of the future finance function will come from having both the right technology, talent, and skillsets. Part two of this blog series explores the current readiness of finance teams for the future and how finance leaders can find and develop the talent they will need.
As the finance function moves further into the digital era, one of the biggest questions CFOs are asking is, “Are we ready?” The first blog in a two-part series looks at the future finance function and explores what skills will be needed to support it based on research from multiple studies and industry experts.