Planning

Finance Planning

CFOs Reveal Top Priorities for Future-Proofing Finance Teams

Workday’s latest CFO Indicator survey asked 267 CFOs around the globe about their plans and priorities for the next five years. Learn how those who were identified as “finance outperformers” are leading the way by investing in skills and technology for the future.

Philippa Lawrence

Finance Planning

What CFOs Need to Consider When Envisioning the Future of Finance

CFOs must take a forward-looking approach when thinking about data, talent, and technology for the finance function, according to experts from AICPA, Deloitte, and Workday.

Bruno J. Navarro

Finance Planning

Dynamic Forecasting: A North Star for Businesses in Uncertain Times

Dynamic forecasting can guide businesses through fluid markets and uncertain times. A recent report by Business Application Research Center (BARC), in collaboration with Workday, indicates businesses are starting to respond to the urgency to be more agile and are shifting to intelligent, real-time forecasting.

Subarna Ganguly

Finance Planning

How to Improve Profitability Analysis

Profitability analysis can drive decision-making and move the needle on future profits by answering key questions.

Workday Staff Writers

Customers and Community Planning

Increasing Finance Operations Efficiency at First Sentier Investors

When First Sentier Investors was acquired, company leaders only had six months to stand up an all-new financial management platform. The CFO of First Sentier Investors shares how the company transformed its reporting, analysis, budgeting, and forecasting processes in record time.

Workday Staff Writers

Human Resources Planning

Technology, Media, and Entertainment Companies Explore the Future of Hybrid Work

At Conversations for a Changing World, leaders from Cisco and Accenture talked about the future of hybrid work for technology, media, and entertainment companies.

Jeremiah Barba

Human Resources Planning

From Workforce Management to Optimization: The Evolving Roles of HR and Operations

What may seem like a tipping point in the labor market has, in reality, always been a constant: change. Navigating this change in the moment requires a strong partnership between operational and HR leaders.

Jillian Ogawa

Finance Planning

How Continuous Recalibration Helps Your Business Avoid the Acceleration Gap

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.

Patricia Harris

Planning

Why xP&A is the Future of Planning

Want to improve collaboration? Here are five tips to ignite company-wide engagement and build confidence in your financial planning process.

Workday Staff Writers

Finance Planning

Charting the Path to Modern Planning

For a growing number of successful enterprises, becoming more adaptable has meant charting a path to modern planning.

Workday Staff Writers

Planning

Zero-Based Budgeting: Best Practices for FP&A Teams

Zero-based budgeting may be useful for companies looking to align spending with business goals during uncertain times.

Workday Staff Writers

Finance Planning

Machine Learning and the Future of Intelligent Planning

The pace of change was accelerating even before businesses were rocked by the pandemic. Change will remain a fixture long after pandemic disruption is over.

Workday Staff Writers

Finance Planning

What Is xP&A?

Gartner gave it a name, but the concept of Extended Planning and Analysis (xP&A) isn't new. Learn more about xP&A and what it means for your enterprise.

Workday Staff Writers

Finance Planning

The Age of Agility Demands You Lose That Outdated ERP System

The challenge for many CFOs is that the technologies and processes they currently have in place for planning may actually hinder their efforts to achieve agility.

Bob Hansen

Finance Planning

CFOs Expect Robust Growth Over the Next Year, Look to Meet Challenges

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.

Bruno J. Navarro

Planning

Making the Case for Continuous Planning

CFOs tasked with budget presentations often find themselves explaining numbers and assumptions that are far out of date by the time they stand before key stakeholders.

Workday Staff Writers

Finance Planning

How Scenario Planning Future-Proofs Finance

Understanding a company’s key variables and how to react to different outcomes can help leaders respond to future challenges—and succeed in turbulent times.

Bruno J. Navarro

Finance Planning

Where CFOs Are Prioritizing Resources to Enable a Frictionless Finance Future

A Workday global survey reveals how finance leaders are looking to invest in digital transformation to address growing data challenges and emerging topics.

Bruno J. Navarro

Finance Planning

Global Study: Finance Leaders Reveal Key Goals and Challenges for Driving Digital Acceleration

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.

Workday Staff Writers

Finance Planning

3 FP&A Forecast Mistakes You Don’t Want to Make

Rolling forecasts can be true game changers. If you take the time to avoid some of these common mistakes, you can be sure that your FP&A team becomes a key driver of business results.

Workday Staff Writers

Finance Planning

Top CFOs Say This Is Their Biggest Pain Point

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.

Workday Staff Writers

Finance Planning

How to Strengthen Collaboration Between Finance and the Business

Many companies suffer poor communication and collaboration between financial and non-financial groups. Learn how finance can engage operations in planning.

Workday Staff Writers

Finance Planning

Harvard Study: Finance Faces Long Road to Data and Analytics Maturity

This article looks at a global survey of 162 finance managers and senior executives that reveals significant conflicts between finance leaders’ aspirations and how they do their day-to-day work.

Barbara Larson

Finance Planning

Workday Named a 2021 Leader in Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises for Fifth Year in a Row

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.

Terrance Wampler

Finance Planning

Ready to Make Planning a Company-Wide Process?

Enhancing collaboration with other parts of the business was a top priority for 70% of CFOs surveyed. Learn how it can improve your forecasting and planning.

Workday Staff Writers

Planning

Getting on Board with Continuous Planning

Traditional budgeting is too rigid to keep up with today’s rapidly changing business environment. Here are five tips to modernize your budget process.

Workday Staff Writers

Finance Planning

How to Recalibrate and Plan for a New Normal in Healthcare

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.

Bob Hansen

Finance Planning

Workday Podcast: How Retail CFOs Are Innovating in Disruptive Times

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.

Jeremiah Barba

Finance Planning

Are You a Tactical CFO or a Strategic CFO?

We’ve identified three common hurdles on a CFO’s path to becoming more strategic and transformational—and how to move beyond them.

Workday Staff Writers

Human Resources Planning

Why Integrated Workforce Planning Is Vital for Business Agility

The pandemic has created momentum for the remote workforce and there’s no going back, with one study predicting the total percentage of work from home employees will double in 2021. With this big change, one thing is for certain: Decades-old workforce planning processes will no longer work.

Workday Staff Writers

Planning

5 Tips to Deliver Stronger, More Meaningful Board Reports

Today’s corporate boards must monitor a company’s strategy, performance and risk, all without being involved in the day-to-day operations.

Workday Staff Writers

Planning

For Professional Services Firms, Superior Capacity Planning Is Essential

The best capacity planning for business services doesn’t happen simply by studying the sales pipeline, and it doesn’t happen in a vacuum.

Workday Staff Writers

Finance Planning

3 Ways Finance Can Help Their Companies Navigate 2021

We’ve entered a new year with a lot of uncertainty still ahead. Workday President and CFO Robynne Sisco shares how finance leaders can help the broader business navigate uncharted waters.

Robynne Sisco

Finance Planning

Prescription for Continuous Planning: Easy, Flexible, Scalable

Adopting a new planning solution may seem like a daunting and painful task. If you find one that checks all the boxes, however, the transition can be relatively frictionless.

Workday Staff Writers

Customers and Community Planning

For HelloFresh, Business Agility Is Always on the Menu

When Germany-based HelloFresh needed to ensure it could remain nimble and make informed decisions quickly, it turned to Workday Adaptive Planning. This agility has become especially important during a time when meal kits have emerged as a popular alternative to restaurant dining and grocery shopping.

Bob Hansen

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

Finance Planning

COVID-19 Hastens Rise of Continuous Planning

One of the biggest benefits of continual planning: It changes the mindset from focusing largely on decisions that impact the company in the next year to decisions with longer-term impact.

Michael Magaro

Human Resources Planning

Finance and HR Leaders Discuss Planning in Times of Uncertainty

If we’ve learned anything from 2020, it’s that agility must be at the center of business planning. Leaders from Microsoft and G6 Hospitality talk about how they’re embracing continuous planning in times of disruption.

Jeremiah Barba

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

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

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

Analytics and Insights Planning

Even in Times of Uncertainty, Banks Can Chart a Course for Growth

Disruption is no longer a dark cloud on the horizon. It’s present and fully accounted for, and banks are transforming their planning operations with agile solutions so they can chart a course for growth—no matter what weather lies ahead.

Jim Gahagan

Human Resources Planning

The Grocery Industry: Fresh Innovation for Turbulent Times

Grocery stores couldn’t close their doors to change to the new way of operating in a pandemic. But they’ve adapted quickly and tapped into the positive force of innovation to keep feeding households everywhere.

Jeremiah Barba

Planning

Step Up Your FP&A Game with Rolling Forecasts

Rolling forecasts can make your organization nimbler, able to seize potential opportunities, and better prepared for upcoming roadblocks.

Bob Hansen

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

Finance Planning

The 5 Key Pillars of Finance Digital Transformation

New research sheds light on the key pillars of finance digital transformation, including cloud planning platforms, automation, data optimization, predictive analysis, and modern planning processes.

Bob Hansen

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

Finance Planning

Workday Podcast: The Correlation Between Continuous Planning and Business Agility

This podcast examines the correlation between continuous planning and business agility, and why organizations are empowering people beyond finance with planning capabilities.

Mary Hayes Weier

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

Human Resources Planning

A Holiday Shopping Season like No Other

Due to the massive amount of disruption in the retail industry this year it’s somewhat futile to try and predict how the holiday season will turn out, so let’s talk about how it’s unfolding so far and how retailers are preparing for the busiest weeks.

Jeremiah Barba