News, trends, and insights for finance leaders and professionals.
Digital transformation can help nonprofits maximize the impact of their missions. We talked with two industry leaders about how they’ve embraced cloud technology to drive change.
Companies are asking more of their CFOs than ever before. They’re expected to lead environmental, social, and governance (ESG) initiatives, oversee digital transformation projects, and ensure their teams have the right skills for the future. That’s why finance leaders need the right technology.
Lift-and-shift cloud migrations don’t save governments money over the long term—they hamstring transformation and waste precious public funds. Will Greer, vice president, government, at Workday, shares how there’s a better way.
The advent of machine learning, automation, and the Workday Enterprise Management Cloud suggests the era of a continuous close for financial reporting is within reach. Our Chief Accounting Officer and Vice President Philippa Lawrence explains how we’ll get there.
Our survey reveals CFOs have struggled more than other executives to consistently meet business demands. At the same time, CFOs are increasingly aware they need more reliable, accessible data to be able to decisively lead their organizations forward.
Traditional categories in media and entertainment are quickly melting away. How can leaders in these industries thrive when everything is changing all the time?
German neobank N26 is disrupting the banking market and paving the way for a new generation of financial services companies.
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.
Businesses are realizing that strengthening procurement, strategic sourcing, and supply chain management is critical to their success.
How a company approaches environmental, social, and governance (ESG) issues is more pressing than ever before. Here’s where we’re focused at Workday to help do our part and innovate in the area of ESG.
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.
Technology savvy and analytics capabilities help finance leaders forge the strategic partnerships they’ll need to prepare their organizations for the future. Executives from Deloitte Consulting LLP and H&R Block discussed their journeys at a recent Fortune event.
In this episode of the Workday Podcast, Elizabeth Schauman, head of finance at Academic Work was joined by Karin Hagman, regional vice president, Nordics at Workday to discuss finance agility and looking to the future of the function beyond the pandemic.
Kevin McDonald has guided media conglomerate The E.W. Scripps Company through more than 20 transformative events. In this episode, he shares lessons learned and practical tips for navigating mergers, IPOs, and more.
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.
A modern close process can accelerate business agility and create a frictionless, collaborative environment for accounting and financial planning and analysis (FP&A).
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.
Extracting insights from data is becoming more important for CFOs, as finance teams are expected to unlock value in an increasingly digitized world. Four CFOs describe their journeys at a recent Fortune event.
The PGA European Tour’s chief financial officer, chief technology officer, and chief people officer discuss finance, IT, and HR transformation against the backdrop of a global pandemic.
Finance leaders helping to shepherd their companies toward an increasingly technology-enabled digital operating model are demanding more capabilities from their ERP solutions. Addressing five key questions can help enable a smooth transition.
The global sourcing leader at Ralph Lauren shared insights and best practices for driving high-performing procurement at our Conversations for a Changing World digital event.
CFOs at Broadridge, DocuSign, and Trivago have relied on their diverse professional experiences to lead during the pandemic-related uncertainty of the past few years. They spoke about their priorities during a recent Fortune virtual event.
With data visualization and real-time dashboards, CFOs and finance teams are able to better understand what their data is trying to tell them.
How can companies “walk the talk” to create value for society and improve business outcomes by investing in environmental, social, and governance (ESG) efforts? Barbara Larson, a finance leader at Workday, joined McKinsey & Company partner Giulia Siccardo and Ann Dennison, executive vice president and CFO at Nasdaq, to discuss this topic and more at Conversations for a Changing World.
Discover how a professional services automation (PSA) platform can help services organizations better deliver on client projects and increase efficiency, insight, and customer satisfaction.
CFOs must take a forward-looking approach when thinking about data, talent, and technology for the finance function, according to experts from AICPA, Deloitte, and Workday.
Finance leaders from Accenture, Cisco, Toyota North America, and Workday shared insights on how they’re thinking about the future of work at a recent event. That includes prioritizing environmental, social, and governance (ESG) efforts and building stronger relationships with employees.
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.
According to our latest global study, retail organizations are ahead of other sectors in understanding the importance of digital revenue and, more importantly, having the agility to act quickly on opportunities.
Neil Gribben, vice president of accounting and control at hospitality and leisure company Belmond, met with Workday’s Tim Wakeford to discuss how finance has pushed forward with digital acceleration during the pandemic.
Profitability analysis can drive decision-making and move the needle on future profits by answering key questions.
As businesses across Europe take the first tentative steps toward normality following the worst of the COVID-19 pandemic, attention is now turning to how to prepare for the future. Finance leaders from Workday customer companies discuss resilience, digital transformation, and some of the lessons learned.
Jon Leins, finance and accounting director at global investment bank and advisory firm Stout, explains why his team decided to replace more than 10 legacy systems with Workday in one big-bang deployment—and how its new enterprise management cloud is delivering game-changing efficiencies.
Building out a supplier relationship management (SRM) program doesn’t have to be intimidating. Explore the four pillars of a successful SRM program and best practices for driving supplier performance.
By combining a big-picture perspective of the company’s needs with best practices, Drury Hotels increased collaboration and built a digital foundation for the future. The hotel chain’s executives discuss retiring legacy applications, taking security seriously, and helping employees become even better at what they do.
Companies are increasingly being asked—and expected—to report on progress against environmental, social, and governance (ESG) considerations. Giulia Siccardo, associate partner at McKinsey and Company, joins the Workday Podcast to discuss trends in ESG, the evolving need to report on it, and what it means for C-suite leaders.
Companies must think beyond a “lift and shift” of their current ERP system to the cloud. Instead, they must uplift and re-shift their systems and processes to align with achieving business goals in the digital age. That’s why Workday, as an enterprise management cloud solution, is different.
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.
A provider of local, long distance, and international moving services since 1914, Coleman Worldwide Moving is furthering its financial transformation with data reporting and analytics that drive strategic decision making. Alex Chance from Coleman recently shared insights on creating a holistic picture of the company’s financial performance.
Tom Stewart, chief knowledge officer at AchieveNEXT, discusses key insights from the global “2021 CFO-CHRO Sentiment Study,” including what’s top of mind for finance and people leaders in the coming year.
For a growing number of successful enterprises, becoming more adaptable has meant charting a path to modern planning.
Although environmental, social, and governance issues aren’t simple, Brian Moynihan advised CFOs in a recent Fortune event to approach ESG metrics in a way that is straightforward, calculable, and deliverable.
The pace of change was accelerating even before businesses were rocked by the pandemic. Change will remain a fixture long after pandemic disruption is over.
Business leaders in the retail and hospitality industries at a recent Workday summit talk about how they’re finding a path forward that looks less like surviving and more like thriving.
CSA Group set out to digitize its financials and reporting processes and unlock new levels of productivity. Hitesh Laxman, director, financial process improvement at CSA Group, and Lynn Hurley, senior vice president, finance consulting, Collaborative Solutions, share learnings from the professional services company’s digital transformation journey.
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.