News, trends, and insights for finance leaders and professionals.
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.
An enterprise performance management (EPM) solution that imposes a consolidation-led model for planning will burden FP&A with a rigid tool that hampers agility.
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.
Our global survey on digital transformation shows that CFOs have a strong awareness of organizational culture, and they’re poised to initiate change.
Insights, analytics, and data—three key ingredients for real retail transformation. On this podcast episode, KPMG retail expert Sam Ganga talks about what matters for retailers as they look to effectively adapt to a rapidly changing retail landscape.
To thrive in the fast-paced retail landscape, businesses must ensure their technological foundations are in good order. A great place to start? An enterprise management cloud solution.
Deep Kular from Accenture and Ben Askin from Vertex join us on the Workday Podcast to talk about trends in the tech industry and the role of Workday's Industry Accelerator for Technology in helping companies adapt quickly and thrive in fast-changing environments.
Nearly 28% of U.S. federal employees will be eligible for retirement within five years. Read the report by Deloitte and Workday to learn how federal agencies can modernize their HR processes to attract and retain a skilled workforce.
Only 38% of professional services leaders say their organization is digitally well equipped to ensure business continuity in times of crisis. We talk with Workday’s Patrice Cappello and Justin Joseph to learn what this new research means and how organizations can accelerate their digital transformation to adapt to any change.
Trey Henderson, Match Group vice president and corporate controller, spoke with Bob Evans of Acceleration Economy about how digital transformation empowered the company to move beyond traditional finance cycles, accelerating its ability to create value and provide a better employee experience.
Banks and investment organizations face increased pressure and complexity with reporting and accounting requirements that call for speed, accuracy, and data insights. John Van Puffelen of PwC and Jay Rabinowitz from Workday discuss financial services trends and the role of Workday’s Industry Accelerator for Banking and Capital Markets in empowering companies to more quickly innovate and streamline their operations.
As organizations around the globe continue to ramp up environmental, social, and governance (ESG) efforts, the finance function is already taking the lead in creating and evaluating underlying processes. On the Workday Podcast, Brigham McNaughton, a partner at PwC, talks about ESG trends and what role finance plays.
In a highly regulated financial services industry, gaining insights and simplified reporting capabilities is essential. Learn how companies can solve their most pressing needs and be more agile with Workday’s Industry Accelerator for Banking and Capital Markets.
Learn how government finance, human resources, and technology leaders can guide their organizations through change with an insightful new report from Workday and Accenture.
