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.
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.
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.
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.
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.
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.
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.
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.
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?
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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."
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.
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.
Wouldn’t it be nice to have a crystal ball that allows you to gaze into your firm’s future? With the proper business processes, measures, and systems in place, you can more easily forecast which clients and services lines are expected to deliver the most revenue and allocate budget and resources to support 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.