Finance

News, trends, and insights for finance leaders and professionals.

Finance

Workday Podcast: How Finance-as-a-Service Helps CFOs Accelerate Transformation of the Finance Function

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.

Jillian Ogawa December 16, 2020
Finance Planning

How Finance Must Rethink Skills to Thrive in the Digital Era

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.

Steve Dunne December 07, 2020
Customers and Community Finance

The Power of Digital Acceleration in a Changing World

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.

Ellen Murphy November 23, 2020
Finance Workday News and Culture

Accelerating a New Era of Strategic Sourcing

It’s been one year since Scout RFP joined Workday. Alex Yakubovich reflects on what we've accomplished together, including customer adoption, product innovation, and moving forward as Workday Strategic Sourcing.

Alex Yakubovich November 20, 2020
Analytics and Insights Finance

How Finance Can Accelerate Digital Transformation—Even in Complex ERP Environments

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.

Barbara Larson November 11, 2020
Finance Planning

xP&A: All You Need To Know About Extended Planning & Analysis

Gartner gave it a name, but the concept of Extended Planning and Analysis (xP&A) is nothing new. Learn more about xP&A and why it’s more important than ever for your enterprise.

Workday Staff Writers November 10, 2020
Finance Planning

How Intelligent Automation Will Transform the Finance Function

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.

Steve Dunne November 10, 2020
Finance Planning

Agility Is the Currency of Success

The latest release of Workday Adaptive Planning illustrates how hard we’ve been working to deliver the kind of innovations enterprises need today.

Suresh Bala November 09, 2020
Finance Workday News and Culture

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.

Workday Staff Writers October 28, 2020
Customers and Community Finance

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.

Steve Dunne October 19, 2020
Finance Planning

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.

Kshitij Dayal October 08, 2020
Finance Planning

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.

Steve Dunne September 29, 2020
Finance Planning

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.

Michael Magaro September 23, 2020
Finance Planning

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.

Mary Hayes Weier September 11, 2020
Finance Human Resources

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.

Ellen Murphy September 08, 2020
Customers and Community Finance

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.

Mary Hayes Weier September 03, 2020
Finance Planning

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.

Bob Hansen August 24, 2020
Customers and Community Finance

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.

Steve Dunne August 20, 2020
Finance

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.

Steve Dunne August 07, 2020
Finance Human Resources

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.

Jillian Ogawa July 31, 2020
Finance

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.

Philippa Lawrence July 22, 2020
Finance Planning

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.

Keith Lohkamp July 14, 2020
Finance Planning

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.

Greg Thomas July 01, 2020
Finance Workday News and Culture

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.

Barbara Larson July 01, 2020
Finance Planning

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.

Steve Dunne June 29, 2020
Finance Planning

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.

Steve Dunne June 16, 2020
Customers and Community Finance

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.

Mary Hayes Weier June 01, 2020
Finance

What Is a Financial Management System in 2021?

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.

Workday Staff Writers June 01, 2020
Finance Planning

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.

Steve Dunne May 19, 2020
Finance Planning

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.

Bob Hansen May 18, 2020
Finance Planning

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.

Greg Thomas May 14, 2020
Finance

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.

Steve Dunne May 06, 2020
Finance Planning

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.

Steve Dunne April 27, 2020
Finance Planning

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.

Steve Dunne April 22, 2020
Customers and Community Finance

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.

Workday Staff Writers April 22, 2020
Finance Human Resources

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.

Julie Jares April 21, 2020
Finance Human Resources

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.

Mary Hayes Weier April 10, 2020
Customers and Community Finance

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.

Mary Hayes Weier April 07, 2020
Finance

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.

Robynne Sisco April 02, 2020
Finance Technology Innovation

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.

Workday Staff Writers March 04, 2020
Finance Planning

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.

Greg Thomas February 26, 2020
Customers and Community Finance

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.

Ghadeer Redler February 24, 2020
Analytics and Insights Finance

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.

Robynne Sisco February 21, 2020
Finance Planning

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.

Workday Staff Writers February 20, 2020
Finance Human Resources

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.

Josh Krist February 03, 2020
Customers and Community Finance

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.”

Workday Staff Writers January 29, 2020
Finance Planning

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.

Adaptive Insights Staff Writers January 24, 2020
Finance Planning

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.

Adaptive Insights Staff Writers January 14, 2020
Finance Human Resources

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.

Workday Staff Writers January 09, 2020
Finance Technology Innovation

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.

Workday Staff Writers January 07, 2020