Finance

Finance Human Resources

Workday Podcast: What Pairs Well with Digital Transformation? Organizational Agility

Bob Evans, founder of Cloud Wars Media Network, shares his thoughts on why companies struggle with digital transformation, and what it means to enable organizational agility across your enterprise.

Josh Krist February 03, 2020

Customers and Community Finance

Customer Tips for a Successful Government Agency Cloud Deployment

Fresh off a successful go-live of Workday Financial Management and Workday Human Capital Management, the ERP project manager for Port Orange, Florida, shares deployment tips and explains how “digital transformation” is really “people transformation.”

Workday Staff Writers January 29, 2020

Finance Planning

How FP&A Teams in Healthcare Can Manage Industry Changes

Healthcare faces massive shifts that create margin pressure and widespread uncertainty. Financial planning and analysis (FP&A) teams must transform how they approach three distinct areas.

Adaptive Insights Staff Writers January 24, 2020

Finance Planning

How FP&A Teams Can Have More Impact on the Business

Our CFO survey found that when it comes to the impact of the financial planning and analysis team, there's room for improvement. Here are five ways FP&A teams can deliver more value.

Adaptive Insights Staff Writers January 14, 2020

Finance Human Resources

Workday Podcast: How the Cloud Helps Government CIOs and CFOs Improve Operations

When government agencies modernize their ERP systems, CFOs gain better visibility into agency spend and processes, and CIOs are able to shift resources to more strategic priorities.

Workday Staff Writers January 09, 2020

Finance Technology Innovation

In Good Company: Financial Services in the Age of Disruption

The phrase "disrupt or get disrupted" isn't about choices. For the financial services industry, it's a mantra of survival. Learn more from Deloitte Consulting LLP about the accelerating pace of change and how the finserv industry is keeping up.

Workday Staff Writers January 07, 2020

Analytics and Insights Finance

Financial Services: Why Is Data Stuck in the Dark Ages?

The traditional view of data is no longer a fit for the changing world of business. Just like how the printing press accelerated the dissemination of knowledge, modern innovations have furthered the power of data.

Jim Gahagan January 02, 2020

Finance Planning

How Automation and Machine Learning Are Reshaping the Finance Function, Part Two

Take a deeper look at the specific use cases of automation and machine learning across finance, and what they mean for traditional, day-to-day finance activities.

Steve Dunne December 09, 2019

Finance Technology Innovation

How Automation and Machine Learning Are Reshaping the Finance Function, Part One

Here's how more advanced methods of automation, including machine learning, can help CFOs transform the finance function to be more of a strategic advisor to the business.

Steve Dunne December 06, 2019

Finance

Innovation for a Changing World of Finance

Workday’s finance solutions are designed to help customers excel in the changing world of work. Check out a series of videos that showcase our latest product innovations that help finance teams increase agility, effectiveness, and insight.

Workday Staff Writers November 25, 2019

Finance

Organizational Agility: The Importance of Measurement

Our recent global research reveals why organizations need robust, accurate metrics to help them understand real-time performance and unlock organizational agility at scale.

Workday Staff Writers November 14, 2019

Finance

The Journey to Becoming an Agile CFO

Without organizational agility, businesses will find it difficult to innovate. Katie Rooney, CFO at Alight Solutions, shares how she thinks about organizational agility from the perspective of a finance leader.

Steve Dunne November 05, 2019

Finance Technology Innovation

Banks Should Focus on Core Competencies, Not Tech, in Their Digital Transformation

Banks that seek to leverage technology more efficiently, but don’t strive to be technology firms themselves, are best positioned to deliver the future of financial services, writes Jerry Silva of IDC Financial Insights.

Jerry Silva October 22, 2019

Finance

The Evolution of IMC’s Tech Revolution

Executives from IMC, a global market maker that buys and sells securities, discuss their technology journey with Workday and how that has evolved from both an IT and cultural perspective.

Steve Dunne September 19, 2019

Finance

CFO Perspective: How to Think About Innovation and Risk

Innovation requires companies to step outside of their comfort zone. Workday Co-President and CFO Robynne Sisco shares four key things to think about when weighing the risk-versus-reward nature of innovation.

Robynne Sisco August 21, 2019

Finance

How Your Professional Services Firm Stacks Up Against the Competition

In the webinar, “Best in Class KPIs: Benchmarking Your Professional Services Business,” Jeanne Urich, managing director of SPI, shares compelling data from her company’s 2019 Professional Services Maturity Benchmark.

Julie Jares August 06, 2019

Finance

Why a ‘Culture of Compliance’ in Banking Should Be Second Nature

Banks that adopt compliance as a cultural practice find they gain the agility and efficiency necessary for long-term success.

Chris Artemenko July 29, 2019

Customers and Community Finance

Adventist HealthCare: Transforming Supply Chain Management

Like other healthcare organizations, Adventist HealthCare faces pressure to improve efficiencies due to changes occurring across the industry. See how they're handling operational challenges and driving innovation.

Workday Staff Writers July 25, 2019

Finance

Finance Leaders on Their Journey to Business Collaboration

Digital technology has prompted finance organisations to improve business partnering capabilities. If finance leaders go back to the basics of business partnership, can they help drive real business value?

Steve Dunne June 28, 2019

Finance

WSJ CFO Network Meeting: Five Ways to Drive Innovation

Sean Boyle, CFO at Amazon Web Services, shared five ways CFOs can positively impact business innovation at the Wall Street Journal CFO Network Annual Meeting in Washington D.C.

Mary Hayes Weier June 17, 2019

Customers and Community Finance

Energy Efficiency Expert CLEAResult Increases Productivity and Visibility with Workday

CLEAResult, a professional services company, shares how it improved operational efficiencies by moving to a single system for finance, HR, planning, and professional services automation (PSA).

Julie Jares June 12, 2019

Customers and Community Finance

Dayton Children’s Hospital: Deploying Supply Chain Management

The corporate director of supply chain at Dayton Children's Hospital shares his team’s experience deploying a new supply chain management system, benefits they’re already seeing, and their collaborative partnership with Workday.

Ellen Murphy May 30, 2019

Finance Technology Innovation

Workday Earns High Performance Ratings from Healthcare Providers

Workday is a Top Performer in KLAS Research’s "ERP 2019 Performance in the Cloud" report, which reflects high ratings from our customers on product capabilities and our commitment to supporting their success. Here's how we ranked.

Keith Lohkamp May 28, 2019

Finance

Workday Named a Leader in Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises for Third Year in a Row

We believe that for Workday to achieve this recognition year after year reflects our ability to deliver new functionality and continuously innovate, which helps our customers better manage risk, identify new opportunities, and keep pace with change.

Barbara Larson May 15, 2019

Finance Technology Innovation

Counting on Change in the Accounting Industry

For the accounting industry’s long-term health, KPIs need to change. Here are a some ways firms can move in the right direction.

Mark David April 28, 2019

Finance Human Resources

Workday eBook: Three Steps to a Stronger Healthcare Organization

How can healthcare organizations decrease costs and improve quality of operations and care? Check out three proven steps.

Workday Staff Writers April 28, 2019

Finance

Workday Podcast: Navigating the Ongoing Complexities of GDPR

It's been nearly a year since the General Data Protection Regulation (GDPR) went into effect. Marcel Pieters, with Deloitte Consulting B.V. in the Netherlands, provides a closer look at how businesses are managing GDPR and its impact across the world.

Steve Dunne April 25, 2019

Finance Human Resources

How IT Consulting Firm BNB Has Gained Insights and Increased Profitability

The chief operating officer at Business Network Builders (BNB) explains how using Workday has helped the IT services company increase project profitability, improve employee engagement, gain insights into resource needs, and more.

Patrice Cappello April 23, 2019

Finance Technology Innovation

Why Insurers Are Putting the Back Office in the Driver’s Seat

After having spent years on enhancing front-end customer experiences, wise insurance carriers are taking a hard look at the rest of their outdated systems and moving them to the cloud. Read more to learn why.

Jim Gahagan April 11, 2019

Finance

Workday Podcast: The Forces Shaping Financial Services

As the pace of change in technology and business continues to increase, the financial services industry must evolve to keep up. Experts from Deloitte discuss the latest technology trends affecting financial services companies and what leaders need to do to stay innovative.

Greg Thomas April 08, 2019

Finance

Workday Podcast: Aon CFO on Global Risk, Smart M&As, and Data-Driven Insights

CFO Christa Davies shares insights from her experience overseeing some of Aon's largest acquisitions, including the importance of cultural fit. She also shares her thoughts on managing risk in today’s world, and the data-driven insights gained by having finance and human resources data on a single cloud platform.

Mary Hayes Weier February 20, 2019

Finance

2019 Outlook for Finance: Leading Through Turbulent Times

We dug into the research and also asked Workday global customers, executives, and partners for their take on how CFOs and other finance leaders are thinking about this year's challenges and trends. Here’s what we learned.

Steve Dunne February 12, 2019

Finance

Workday CFO: How Businesses Can Plan for Uncertainty

In 2019, businesses can plan on one certainty: uncertainty. Workday Co-President and CFO Robynne Sisco discusses two key areas that finance teams and business leaders should be focused on this year.

Robynne Sisco February 03, 2019

Finance

In Good Company: Finance Leaders Share Their Priorities

As a CFO, what happens to your role as the world around you continues to change? In this episode of In Good Company, filmed in London, we sat down with finance experts from Longitude and Workday to discuss finance leaders' priorities that emerged from a global research study.

Greg Thomas January 31, 2019

Finance Human Resources

Workday Receives Top Healthcare Ranking for Second Year in a Row

We’re proud to announce that for the second year in a row, we’ve been named Best in KLAS in ERP for our finance, HCM, and supply chain management solutions for healthcare, and a leader in talent management. Here's a look at some enhancements we've made based on healthcare customer feedback, and how we're building an even stronger community together with our customers.

Keith Lohkamp January 30, 2019

Finance

How Finance Leaders Can Be Catalysts for Enterprise Change

Jim O’Connor, who leads the Global Business Advisory Practice at The Hackett Group, shares why enterprise leaders who engage with their finance teams early on in the strategic planning process have far better outcomes.

Workday Staff Writers January 03, 2019

Finance

Advancing Analytics: The Path Forward for Finance Leaders, Part Two

In the second part of this blog series, we look at two other areas that are critical to advancing analytics in the finance function: strategic business partnership and leadership. Read more to learn how CFOs can keep moving their organizations forward on the advanced analytics journey.

Workday Staff Writers December 03, 2018

Finance

Advancing Analytics: The Path Forward for Finance Leaders, Part One

Today’s CFOs have an eye on more than just the bottom line. They are watching the horizon, predicting what’s coming, and charting the course ahead. In this two-part blog series we examine three areas that are critical for advancing analytics in finance, starting with the core technology foundation.

Workday Staff Writers November 30, 2018

Finance

Global Finance Leader Study: Three Ways CFOs Can Plug the Finance Skills Gap

CFOs want to use digital technologies to drive innovation within the finance function, but they face a big problem: lack of relevant skills. Read about this finding from our "Finance Redefined: Workday Global Finance Leader Survey," and learn the three steps finance leaders can take to address this issue.

Steve Dunne November 19, 2018

Finance

Global Finance Leader Study: Data Science Is Most Important Expertise for Future Finance Team

What are the emerging roles and needed skills of the future finance function? Read the interesting results from our global “Finance Redefined: Workday Global Finance Leader Survey,” and why CFOs and other finance leaders find these skills so important.

Steve Dunne November 14, 2018

Finance

How We’re Helping You Prepare for IFRS 17

IFRS 17, which goes into effect in 2021, represents one of the most significant shifts to insurance accounting requirements in 20 years. Workday and Aptitude Software have partnered to create a seamless integration between Aptitude’s IFRS 17 solution and Workday Financial Management to help companies transition to the new reporting standard.

Steve Dunne November 08, 2018

Finance

Global Finance Leader Study: Why CFOs Must Find Common Ground with Their HR and IT Peers

To keep pace with the demands of the digital economy, companies need strong collaboration across their major assets: capital, technology, and people. Our "Finance Redefined: Workday Global Finance Leader Survey" reveals the key roadblocks that stand in the way of better cooperation among the critical triumvirate of the CFO, CIO, and CHRO.

Steve Dunne October 24, 2018

Finance

Global Finance Leader Study: Why the CFO Must Also Be the Chief Collaboration Officer

Do CFOs collaborate effectively with their marketing, operations, HR, sales, and IT peers? Our “Finance Redefined: Workday Global Finance Leader Survey”—which gauged the views of more than 670 senior finance leaders around the world—revealed that the answer is “no” in many cases. Learn the three things CFOs can focus on to strengthen collaboration with others in the C-suite.

Steve Dunne October 17, 2018

Finance

Solving Global Business Challenges with Workday: Q&A with Aon’s VP of Finance Solutions

In Gaelic, the word Aon means “Oneness,” a fitting name for a company that has grown through more than 500 acquisitions to become one of the leading professional services firms in the world. As the company has grown, so has the complexity of managing the business. Jim Kendall, vice president of finance solutions at Aon, discusses the challenges of running a fast-changing global business, his views on innovation and risk, and how a global, unified finance and HR system has made an impact on the business.

Workday Staff Writers October 01, 2018

Customers and Community Finance

How Workday Student Is Empowering a Culture of Success at Indian River State College

At Workday, we are extremely proud that Indian River State College, whose overriding mission is to enable the success of students, is the very first higher education institution to go live on Workday Student. Paul O’Brien, vice president for institutional technology and CIO, and Meredith Coughlin, assistant dean of enterprise systems at IRSC, discuss their Workday experience and the power of one unified system.

Josh Krist October 01, 2018

Finance

Global Finance Leader Study: European CFOs Share Their Priorities

What does the future of finance leadership look like for those in France, Germany, and the UK? Learn about CFOs' priorities and concerns around regulatory issues, advanced analytics, collaboration with CEOs, and more from findings in the "Finance Redefined: Workday Global Finance Leader Survey."

Steve Dunne September 19, 2018

Finance

A Top Priority for Today’s CFO: Having Confidence in Your Data

While there is more data available than ever before, many companies and their finance teams struggle with how to use it effectively. Workday Co-President and CFO Robynne Sisco explains how having a single source of truth empowers managers with data, provides richer insights, and improves business partnerships and conversations.

Robynne Sisco September 17, 2018

Finance

The Top Three Challenges Global Companies Face, and How to Solve Them

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.

Christy Sasser August 30, 2018

Finance

Global Finance Leader Study: How CFOs Can Create an Analytics-Driven Culture

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.

Christy Sasser August 28, 2018

Finance

Global Finance Leader Study: Unlock the Power of Advanced Analytics by Combining Finance and Non-Finance Data

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.

Christy Sasser August 23, 2018