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.
News, trends, and insights for finance leaders and professionals.
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.
We’re thrilled to be named a Leader in this category for the second time since the category’s inception last year. With artificial intelligence and machine learning built into its core, Workday Enterprise Management Cloud unlocks the potential of our customers’ processes, data, and people.
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.
A McKinsey & Company senior partner lays out five elements that help drive performance, and finance leaders from Adobe, e.l.f. Beauty, and TD Bank share their individual approaches to growth, in a Fortune virtual event.
Artificial intelligence and machine learning will be major differentiators in how effectively tech and media companies can compete. How can industry CFOs harness the power of these technologies for maximum benefit?
Craig Barattin, vice president of finance and controller at Healthfirst, shares what first drew him to Workday Rising, why he and his team keep returning, and what first-timers should know to make the most of their experience.
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.
We look at trends, major findings, and how professional services organizations can benefit now and in the future.
Our Workday Adaptive Planning software has an overall rating of 4.8/5 based on 84 reviews from professional financial end users. Read on to discover what our customers have told us about the impact strategic business planning has had on their organizations.
The head of finance systems at Cushman & Wakefield shares Workday’s role in the company’s transformation journey, and why people are at the center.
Artificial intelligence (AI) and machine learning (ML) are reshaping the future of finance in remarkable ways. A recent discussion between Workday’s Terrance Wampler and Stanford Professor Erik Brynjolfsson reveals why CFOs are best positioned to lead the AI revolution using a human-centered approach to augment skills—not replace workers.
By envisioning and preparing for what’s ahead, organizations can be far more agile, proactive, and successful.
Artificial intelligence (AI) and machine learning (ML) could prompt finance leaders to adopt automation more widely and rethink ways to provide value to the enterprise. A recent Fortune webcast highlighted what opportunities the new technologies might offer.
Laura Newinski of KPMG, Juliet Grabowski of Boston Consulting Group, Sheryl Estrada of Fortune, and Workday Chief Diversity Officer Carin Taylor examine ways businesses can boost innovation, resiliency, and performance by creating more inclusive and supportive workplaces.
Facing a volatile environment, pressure from upstart competitors, and soaring customer expectations, the banking and capital markets industry will need flexibility and smart planning to succeed. Read on to learn the opportunities and technologies that can best prepare the industry for success.
In today’s highly volatile business environment, only modern finance-enabled companies can keep pace with change, drive innovation, and manage costs. In a new podcast, learn why scenario planning, continuous planning, and rolling forecasts are central to this effort.
To spur innovation and growth—economic headwinds be damned—technology leaders are racing to modernize their data foundations, rethink their talent strategies, and better connect the dots between strategic priorities and value creation.
Developing ways to break down silos benefits the business. Workday’s Patrick Hoynes and Melissa Kullander share how modern enterprise technology makes the organization’s accounting and financial planning and analysis (FP&A) teams more cohesive—and more effective.
The tech industry has never lacked for data, but siloed systems have cut short the ability to deeply interpret that data. This is all changing as the industry is shedding its past—and tapping the transformative power of a single, unified system.
Combat analysis paralysis by first assessing your current planning tools and then imagining an ideal partnership.
In a highly regulated financial services industry, gaining insights and simplified reporting capabilities are essential. Learn how companies can solve their most pressing needs and be more agile with Workday’s Industry Accelerator for Banking and Capital Markets.
Rising climate change risks, heightened consumer expectations, and a dearth of tech talent loom large among the insurance industry’s near-term issues and opportunities. Industry experts share how these demands—and more—will shape the industry in the years to come.
Demand for nonprofit services shows no signs of slowing—and neither does the competition for funding dollars and staff needed to deliver on their missions. With an eye to the future, nonprofit leaders can create impact with new innovations and opportunities.
Disruption has defined the media and entertainment industries for decades. Looking ahead, the pace of change will only increase as companies strive to deliver more personalized, interactive experiences to consumers. Here’s what’s changing–and why digital strategy has taken center stage.
From big workforce ambitions to the urgent need to shake free of massive technology debt, federal agencies are poised for radical rethinking and fresh new approaches. Industry experts and government leaders share insights on where to focus and how to prepare for what comes next.
Organizations that connect their workforce planning with their finance planning are better able to chart their futures in an ever-changing digital world.
Technology—including artificial intelligence (AI) and machine learning (ML)—will play a significant role in helping finance leaders retain talent, achieve accounting automation, and create value for the enterprise. Philippa Lawrence, chief accounting officer and vice president at Workday, lays out what she sees on the horizon.
An annual global sentiment study by the CFO Alliance found strong optimism among finance leaders at midmarket enterprises, a desire to invest in talent, and a drive to improve processes in order to achieve growth objectives.
Disruption still impacts every corner of the retail space. Business leaders and industry experts weigh in on the most compelling trends in retail, including leveraging AI for financial planning and multichannel experiences, new approaches to talent retention, and doubling down on data analytics.
Cloud technology can make systems faster, more nimble, and more responsive. If done right, it’s a golden opportunity for a digital transformation that delivers a bolder, more successful future.
Hotels, restaurants, and other hospitality businesses may be rebounding back to pre-pandemic norms—but that’s about the only thing returning to the status quo. Whether it’s new omnichannel approaches, better scenario planning, or embracing AI to address staffing challenges, hospitality leaders weigh in on what comes next—and how businesses can prepare.
Enterprise performance management (EPM) software enables companies to monitor, measure, and adjust performance across all business units.
Why—and how—companies can speed and smooth integration by prioritizing data and strategic change management.
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.
Finance leaders are increasingly relying on forward-looking and customer-centric key performance indicators to drive business success.
Timely, accurate financial management reporting helps business leaders make informed decisions based on their organization’s financial health. Here are four steps you can take to improve your reporting process and increase agility.
Healthcare companies must provide the infrastructure, technology, and equipment their medical teams need, so staff can keep their focus on patient care. We spoke to Danielle Sullivan, manager of revenue analytics at Roswell Park Comprehensive Cancer Center, about how technology has helped her organization better manage its capital projects.
More than ever, successful finance leaders must think about how to improve organizational agility by integrating the right talent, tools, and technology to thrive in any economic climate.
Leaders from KeyBank and Workday share insights on how to develop a finance-driven environmental, social, and governance (ESG) strategy designed to deliver sustainable advantage and value.
For professional services firms facing a tight talent market and far-ranging industry pressures, the usual ways of pairing people and projects require a rethink. We talk with Workday’s Patrice Cappello and Justin Joseph to learn more about how intelligent resource management can help.
Learn how organizations use a general ledger to track assets, liabilities, revenues, and expenses, prepare financial statements, and measure business performance—as well as how technology has enabled greater insights.
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.
In this episode of the Workday Podcast, Brittany Kruse of Spectrum Health talks about the digital transformation process that helped the organization unlock efficiencies, improve employee experience, and better position itself for the future.
The retail and hospitality industries are constantly changing. But even with the lingering impacts of past disruption and the effects of new macroeconomic pressures, they’re still paving a way to success with innovation and flexibility.
A new report, “FP&A Guide: Get Your Data Right,” focuses on how financial planning and analysis teams can access more reliable data to produce useful insights.
The student experience is taking center stage as higher ed institutions prioritize student success. It will require digital experiences, flexibility, educational options, and a rich set of accessible services to meet students where they are.
Neil Johnston, global CFO at Cushman & Wakefield, shares insights into the global real estate firm’s digital transformation and the benefits clients and employees have experienced because of it.
People—perhaps the most important elements of ESG (environmental, social, and governance) transformation—are often overlooked. In this episode of the Workday Podcast, Andrea Walsh, global ESG and sustainability leader at consulting firm Korn Ferry, talks about how business leaders can help enable successful ESG initiatives.
Restaurant leaders have to balance innovation, frontline worker satisfaction, and top-notch customer service. That’s no small task! Hospitality industry experts sit down to talk about the future of the restaurant industry on this episode of the Workday Podcast.
Washington State University (WSU) recently launched a modernization project with Workday to update its outdated and disjointed legacy systems. We talked with WSU’s Gerik Kimble and Jennifer Klein about how the project helped them make data-driven decisions, improve transparency, and streamline inefficient processes.