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.
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.
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.
Shift happens—again and again. Yet to succeed in an ever-changing business environment, financial services industry CFOs must drive better decision making and flexibility by uniting operational and financial data in an enterprise management cloud.
The evolving role of the CFO means that rising finance leaders must now be fluent in technology and human relationships. Panelists at a Fortune virtual conversation shared their unique approaches to leadership.
Finance leaders say they’re bullish on their companies, and want to improve environmental, social, and governance (ESG) reporting and diversity and inclusion efforts, according to PwC’s latest Pulse Survey.
CFOs need a cloud provider that helps them quickly close their books and report results. Yet they also should be provided with the needed insights to be able to clearly articulate their strategic vision and discuss future growth opportunities. Read our Q&A with Terrance Wampler, general manager, Workday Financial Management.
CFOs and other finance leaders recognize that future business survival requires greater agility in planning, reporting, and resource-capacity management. And while organizations will employ their own strategy for meeting these goals, a recent survey reveals that most leaders prioritize the adoption of smart technologies and cross-functional skills sharing.
A recent Deloitte report finds high quality data is a top priority for a vast majority of business leaders, but deploying the right solutions is its own challenge. A recent webinar examines real-world examples of what digital transformation can achieve.
Finance leaders from a variety of industries came together at a recent Fortune CFO Collaborative event to talk about the critical role of the CFO in a post-pandemic world. Read more for the highlights.
Procurement teams have an opportunity to meaningfully contribute to their companies’ diversity and inclusion goals by consciously partnering with diverse businesses, defined as any company that is at least 51% owned by persons identifying with underrepresented groups.
The disruption of the pandemic affects tech, media, and entertainment companies in many different ways, and the office of the CFO is adapting through it all. On this episode, our guest is Liz Brittain, CFO of cybersecurity company HackerOne.
Rakesh Duggal, senior manager at Deloitte, connected with Annette Melatti, Workday’s senior director, solution marketing for the office of the CFO, to explore the trends shaping the future of finance and to discuss how finance leaders can incorporate them into their everyday work.
We’re delighted to announce that Workday has been recognized as a Leader in the 2021 Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises. We’ve continued to invest in our unique architecture and intelligent data foundation to ensure our customers have the robust analytics and automation they need to respond to a changing world.
Accounting subledgers at financial services companies are data-rich resources hiding in plain sight, waiting to be tapped for insights. This article, the second in a two-part series, explores why combining operational and finance data is essential for business insights.
To empower your business’s payroll teams to quickly adapt to change, outsourcing payroll services may not be the answer. We look at three myths that prevent payroll from adapting to change — and the realities around what’s needed for efficiency and agility.
The pandemic brought a large dose of uncertainty. But as many in the healthcare industry were still reacting to the initial blow, Vera Whole Health quickly pivoted to deliver its advanced primary care model with increased telehealth services.
Finance is being asked to provide more frequent guidance than ever before and must shift its focus from delivery of core financial processes to providing guidance and strategic partnership across the enterprise—a shift made possible by accelerating digital initiatives and the cloud.
The tech, media, and entertainment industries are changing by the minute with some changes sparked by the pandemic and others accelerated by it. Let’s take a look at the transformation and what it means for the future of these industries.
The retail industry has gone through decades worth of changes since the start of the global pandemic, and retail CFOs are moving fast to ensure their companies are adapting and thriving. Experts from KPMG and Workday talk about this and more on the Workday Podcast.
The COVID-19 pandemic hit right when The Metropolitan Museum of Art was in the midst of digitally transforming its procurement business. Two procurement leaders share their experience and lessons learned through this unexpected journey.
Finance leaders from Equiniti and Netflix share how they pivoted to virtually operating their company’s financials when the COVID-19 pandemic hit, and how they’re better preparing for future disruption.
Financial transformation comes in many forms, and for some organizations, cost and the complexity of their existing environment mean that “rip out and start again” is not a viable option. Terrance Wampler, general manager, Workday Financial Management, shares how finance leaders are approaching agility, complexity and transformation in some unique ways.
COVID-19 may have brought with it global lockdowns, but in parallel it has driven the acceleration of digital technologies. During our digital event, Conversations for a Changing World, journalist Fareed Zakaria shared insights about how quickly the pandemic has changed our world, and his thoughts on what’s yet to come.
Automation is becoming increasingly important to the finance function in our rapidly changing world. In this interview with Tom Willman, principal and global practice leader at The Hackett Group, we look at the impact of automation and machine learning on finance.
Banks and insurers need to know how unprecedented disruption impacts customer behavior, and consequently, the business. This article, the first in a two-part series, explores why combining operational and finance data is essential for business insights.
Does the on-demand model work for the finance function? Matt Schwenderman, principal global Workday finance lead at Deloitte, and Scott Van Valkenburgh, global alliances and channels lead at Genpact, share how Finance-as-a-Service helps CFOs accelerate digital finance transformation.
The post-pandemic world, when it arrives, will transform many aspects of business as usual. As a result, CEOs will turn to finance leaders who not only have accounting experience, but also wider operational backgrounds and a broader mix of business experience.
During our global digital event, Conversations for a Changing World, finance and technology leaders from Deloitte, John Muir Health, and Cushman & Wakefield discussed digital acceleration, adapting to change brought on by COVID-19, and how partnership between the CFO and CIO is essential for success.
Digital transformation comes in different forms, and for many organizations, “rip and replace” isn’t an option. Barbara Larson explains how Workday’s enterprise finance solution empowers finance teams to deliver business insights and strategic planning within multi-system environments.
As businesses seek to rebound from the global pandemic, the rise of intelligent automation will change the way organizations operate forever. This article examines how technologies such as machine learning will reshape the office of the CFO.
Workday’s President and CFO Robynne Sisco and CIO Sheri Rhodes share insights on why the finance and IT partnership is more crucial than ever, including how they collaborated in the early days of COVID-19.
Even during a pandemic, many forward-thinking businesses have continued with their digital transformation initiatives. Yael Leblanc, group finance transformation director at Veolia, a global environmental services company headquartered in France, discusses why the shift to a new finance system proceeded as planned despite the global lockdown.