How Workday’s CFO and CIO Collaborate
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.
Finance
News, trends, and insights for finance leaders and professionals.
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How Veolia Unlocked Finance Agility During a Global Crisis
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.
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Workday Named a Leader in Gartner Magic Quadrant for Cloud Financial Planning and Analysis Solutions
We’re proud to once again be recognized for our completeness of vision and ability to execute, especially at such a pivotal moment for businesses and economies.
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3 Finance Insights Guiding the Way to Business Recovery
Leaders need good quality data to make real-time decisions and steer their businesses on a path to normality. This article looks at three key insights finance leaders should be delivering to the business, and why they are so important today.
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Results of Workday’s 2020 CFO Indicator Survey: Agility Is Everything
When finance leaders were cast into the chaos caused by the global pandemic, many discovered that in the face of economic tumult, the ability to operate with agility is exactly what’s needed to prevent their businesses from capsizing.
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Workday Podcast: The Power of Planning in Today’s Businesses
Ethan Carlson, vice president at Alight Solutions, discusses the strong correlation between continuous planning and business agility, how technology enables planning, and why organizations are empowering people beyond the finance team with planning capabilities.
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Workday Podcast: Payroll Is Evolving to Deliver Greater Impact and Business Value
The payroll function is becoming a more strategic partner in order to support business strategy, data compliance, employee engagement, and more. Colin Brennan from Alight Solutions discusses this shift and what it means for organizations and their employees.
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Workday Podcast: Why Data Matters to Tech and Media CFOs
CFOs are always looking for new ways to mine value, and data is often an untapped treasure chest. Eric Noren from Accenture shares how CFOs in the technology and media industries can gain better insights from data—including some innovative examples.
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CFO Checklist: Guiding Your Business Through a Successful Return to Work
Finance leaders are in a critical position to help assess the options and impacts associated with returning to the workplace, including how the business can grow and react differently in the future.
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How Equiniti Reshaped Finance and HR with Workday
As businesses rebound from the outbreak of COVID-19, the need for agility intensifies. Robert Bloor, group financial controller at Equiniti, describes how his organisation transformed its finance and HR systems to support continuous change.
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Deep Dive: 4 Steps to Achieving Finance Agility
As the business world shifts toward recovery and the concept of a new normal, agility is fast-becoming priority number one for finance teams. Here, we take a closer look at four elements of finance agility and how businesses should be thinking about them today.
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How the Pandemic Amplifies Demand for Finance and HR Collaboration
The pandemic has accelerated long-standing business trends and forced leaders to take a hard look at priorities. Here’s how the partnerships between finance and HR are playing out amid the coronavirus crisis.
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5 Tips for Finance Leaders on Delivering a Remote Close
With the majority of the workforce still working remotely, finance leaders are looking to their teams to deliver crucial processes outside the four walls of the office. In this article, Philippa Lawrence, vice president and chief accounting officer at Workday, talks about how her team closed the books during the turmoil of COVID-19.
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CFOs Play a Powerful Role in Continuous Planning
Having the tools for data-driven decision making enables organizations to plan, pivot, and build strategic partnerships that support business continuity, growth, and changes in the healthcare industry.
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Workday Podcast: To Deal with Disruption, Businesses Are Changing How They Plan
Rob Hull, founder of Adaptive Insights (now Workday Adaptive Planning), was a recent guest on the Workday Podcast to share his thoughts on how the need for agility is changing the way businesses plan.
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Workday Named a Leader in Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises for Fourth Year in a Row
We believe Workday’s ability to achieve this recognition year after year is based on our intensive focus on delivering world-class customer service and our reputation as a trusted global partner.
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Looking Forward: Best Practices for Financial Scenario Modeling
As organizations try to make sense of an economic landscape that continues to evolve, business planning becomes more important than ever. Kinnari Desai, senior director of corporate finance at Workday, discusses scenario modeling and the importance of agility in planning.
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How the CFO Can Tackle Uncertainty and Persistent Change
The finance team is at the forefront of leading a business through uncertain times. What should CFOs be focused on? In this article, we look at five key areas to prioritize.
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Workday Podcast: Inside a Global Fintech Company’s Digital Transformation
Alfa’s head of information systems shares what it’s like leading IT for a global fintech company. As a full suite Workday customer, he also shares how the company is using our solutions to guide its digital transformation journey.
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Understanding the Basics: What Is a Financial Management System?
Here’s a quick guide to the new demands of the finance function, what you need to know about financial management systems, and how the right financial system can help companies adapt to a changing world.
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Workday Podcast: Finance Transformation and the Road to Recovery
Sanjay Sehgal, principal, finance transformation at KPMG, shares his ideas for how finance leaders can guide their businesses forward during challenging times.
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Reforecasting Amid Upheaval: Best Practices for Financial and Workforce Planning
Our team of finance professionals shares tips for dealing with revenue shocks and workforce and capacity planning when income is hard to predict, and strategies for emerging from this pandemic in a position of strength.
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Workday Podcast: Enterprise Agility in the Age of Urgency
Workday Vice Chairman Tom Bogan, who led Adaptive Insights through to its acquisition by Workday, discusses the urgent need for agility in today’s environment and how it impacts an organization’s longevity.
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A Perfect Storm: The Macro Forces Impacting Global Companies
This article is the first in a series that examines the macro trends forcing business leaders to rethink some of their most fundamental approaches, and explains how the CFO can play a pivotal role in guiding the business through this turbulence.
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Workday Webinar Series: Finance Best Practices During Uncertain Times
Which areas should finance leaders focus on to best guide their businesses through these challenging times? In a two-part webinar series, we’ll examine scenario planning, closing the books remotely, cash and liquidity management, and more.
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Workday Partner Tips: Top Focus Areas for CFOs During COVID-19
We’re sharing advice from our strategic partner Deloitte on what CFOs should be focused on now. Those areas include virtualizing the finance organization, bolstering liquidity, and managing risk.
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Aon’s Controller on Delivering a Fully Remote Financial Close
In the midst of a global pandemic, Aon plc delivered its first-ever remote financial close. We spoke with Mike Neller, Aon’s controller, to learn more.
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Working Together to Manage Continuity During COVID-19
How can HR, accounting, and financial planning and analysis teams work together efficiently during times of uncertainty? In a recent webinar, four of our leaders shared their experiences using Workday during the coronavirus pandemic.
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Managing During Crisis: 4 Key Takeaways
Business executive John Chambers and author Daniel Pink share guidance on workforce communications and business planning during the COVID-19 pandemic in a recent CNBC@Work livestream.
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Workday Partner Tips: Business Continuity During the COVID-19 Pandemic
We're sharing guidance from two of our strategic partners, Deloitte and KPMG, on important steps business and technology leaders should take during the COVID-19 pandemic.
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Navigating Your Organization Through Uncertainty
With so many unknowns on the horizon, it can be very challenging for organizations to plan ahead. Workday Co-President and CFO Robynne Sisco discusses the importance of agility and transparency in times of uncertainty.
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In Good Company: The Future of Healthcare
In this episode, Viktor Reznicek from KPMG discusses big changes in the healthcare industry, the impact of new technologies, and how healthcare leaders can adapt and succeed.
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Workday Podcast: How New Technologies Are Improving Business Planning
New technologies and the power of machine learning are disrupting the way businesses plan. Bhaskar Himatsingka, senior vice president of technology at Workday, discusses what it all means for organizations.
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CFO Perspective: How Employee Engagement Influences the Bottom Line
Your workforce is your biggest expense—are you investing back into it? MATRIX Resources' CFO shares how building a culture of high employee engagement can influence a company’s bottom line.
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3 Key Ingredients of M&A Success
Many companies have mergers and acquisitions (M&A) on their radar in 2020. Robynne Sisco, co-president and CFO at Workday, identifies key factors for M&A success based on our own experiences acquiring Adaptive Insights and Scout RFP.
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Organizational Agility and the CFO: Finance Leading From the Front
Our research uncovered what leading organizations do to embrace agility as part of their day-to-day operations. See how the CFO can drive meaningful change.
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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.
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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.”
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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