How Traditional Financial Planning Software Falls Short
Although most senior decision-makers would agree that planning has a direct impact on performance, the signs of outdated planning are distributed and often hard to spot.
Planning
Guidance and insights into financial and workforce planning.
-
-
How to Make Finance Transformation Work for You
A successful finance transformation reduces reliance on manual, outdated, and low-value processes, empowering FP&A teams to focus on strategic finance initiatives.
-
Workday Recognized as a 2024 Customers’ Choice for Financial Planning Software by Gartner® Peer Insights™
Workday has over 280 five-star reviews as of April 30, 2024, in the Gartner Peer Insights “Financial Planning Software Reviews and Ratings” report.
-
3 Ways Healthcare Organizations Can Build Better Supply Chain Resilience
Healthcare’s supply chain challenges aren’t going away—in fact, they’re becoming more unpredictable. Here’s how organizations can respond to ongoing disruption with precision, agility, and resilience.
-
Reimagining the Enterprise Experience With AI
Workday continues to deliver innovation to our customers, enabling advanced planning across the enterprise for increased productivity and better decision-making.
-
4 Common Financial Reporting Challenges and How to Tackle Them
Creating timely, accurate, consolidated, and easy-to-digest reports doesn’t have to be a painful experience for FP&A teams.
-
Shutterstock and Vancouver Coastal Health Move to Agile Planning for an Agile World
Faster, more confident decision-making starts with real-time access to data spanning the enterprise—so that finance can scenario plan in tune with a rapidly changing world. Shutterstock and Vancouver Coastal Health share their journeys to better planning.
-
Elevate Financial Insights With Unified Planning and Consolidation
Today’s finance teams must work both faster and better, but too often are held back by the limits of their financial technology. Here's how to change that.
-
The Future of Finance: How AI and ML Will Drive Better Financial Planning
At Workday, we’re building more capabilities into our financial management and planning solutions this year that leverage generative AI to boost productivity and efficiency. Learn more.
-
Workday Named a Leader in the 2023 Gartner® Magic Quadrant™ for Financial Planning Software for Second Year in a Row
We believe our Leader position reflects the value customers gain by adopting Workday Adaptive Planning.
-
Why Tech Leaders Should Rethink Data Management and Tap AI for Insights
Kieron Allen, analyst at Acceleration Economy, discusses the importance of data-driven insights, the role of tech leaders in extracting and implementing them, and the influence AI has on this critical business strategy.
-
New Association for Financial Professionals Report: A Call for Business Agility
Learn how to ensure an agile finance function so your business can address change as it happens.
-
Workday Adaptive Planning and Consolidation—Another Starting Point on the Finance Transformation Journey
Now there’s another starting point on the finance transformation journey for companies that desire to modernize their financial consolidation process along with their planning function. Learn about our new offering.
-
Infographic: Learn How Workday Adaptive Planning Customers Realized 249% ROI
Forrester took a multistep approach to evaluate the impact that Workday Adaptive Planning can have on an organization. See the infographic for the results.
-
Announcing Workday Adaptive Planning and Consolidation: Another Path to Finance Transformation
Learn how our new unified offering brings together the robust and agile planning of Workday Adaptive Planning with the comprehensive close and consolidation capabilities of Workday Financial Management.
-
Drive Flexibility With an Agile Approach to Budgeting
Agile budgeting can help companies build confidence that they’re making the right choices in response to change—and work faster while they’re doing it.
-
Bridging the Gap Between Finance and HR Delivers Positive Business Outcomes
By joining together to plan, measure, and optimize talent, finance and HR can elevate workforce planning, taking it from a static exercise that attempts to guess future needs to an active process that’s able to adjust to constantly changing operational realities.
-
To Build a Better Supply Chain, Planning and Sourcing Teams Must Collaborate
A new report from Harvard Business Review Analytic Services finds that organizations that leverage collaborative technology between the financial planning and analysis (FP&A) and the sourcing and procurement functions can optimize their supply chain.
-
The Need for Greater Planning Performance and Scalability
Organizations, especially large ones, need a planning platform that can handle big, complex models without compromising user experience. Learn how Elastic Hypercube Technology (EHT)—Workday’s next-generation, in-memory architectural engine for Workday Adaptive Planning—is making that possible.
-
Workday Named a Customers’ Choice in the 2023 Gartner® Peer Insights™ ‘Voice of the Customer’: Financial Planning Software
Our Workday Adaptive Planning software has an overall rating of 4.8/5 based on 84 reviews from professional financial end users. Read on to discover what our customers have told us about the impact strategic business planning has had on their organizations.
-
How Can You Make the Switch to Continuous Planning?
By envisioning and preparing for what’s ahead, organizations can be far more agile, proactive, and successful.
-
Digital Transformation and the Role of Finance in a Fast-Changing World
In today’s highly volatile business environment, only modern finance-enabled companies can keep pace with change, drive innovation, and manage costs. In a new podcast, learn why scenario planning, continuous planning, and rolling forecasts are central to this effort.
-
Why Professional Services Firms Must Digitize These 5 Areas
Many professional services firms steer clients through digital transformation journeys, yet rely on disconnected and manual processes to manage their own businesses. Digitizing these areas can help firms be more competitive.
-
Is Now the Time to Move to a Cloud Planning Platform?
Combat analysis paralysis by first assessing your current planning tools and then imagining an ideal partnership.
-
Uniting Finance and Human Resources for Better Planning
Organizations that connect their workforce planning with their finance planning are better able to chart their futures in an ever-changing digital world.
-
How Integrated Workforce Planning and Analytics Improve Business Agility
Effective workforce planning unlocks ways to address emerging talent requirements, including smarter matching between talent supply and demand.
-
What Is Enterprise Performance Management?
Enterprise performance management (EPM) software enables companies to monitor, measure, and adjust performance across all business units.
-
How Continuous Planning Enables Business Agility
When decision-makers have the ability to understand what’s happening with the business now, they can accurately model what is likely to happen in the future.
-
What Is Financial Management Reporting?
Timely, accurate financial management reporting helps business leaders make informed decisions based on their organization’s financial health. Here are four steps you can take to improve your reporting process and increase agility.
-
FP&A Warning: Beware the EPM Bundle
An enterprise performance management (EPM) solution that imposes a consolidation-led model for planning will burden FP&A with a rigid tool that hampers agility.
-
Adaptability Is a Strategic Imperative for Future Success
Traditional planning practices can leave organizations poorly equipped to anticipate and respond to economic or market shifts. Learn how cloud-first modern planning software makes a big difference.
-
How FP&A Can Address the Challenges of Poor-Quality Data
A new report, “FP&A Guide: Get Your Data Right,” focuses on how financial planning and analysis teams can access more reliable data to produce useful insights.
-
Workday and KPMG Report: Strategic Workforce Planning Closes the HR-Finance Gap
The study examines how modern cloud-based tools enable HR and finance to make strategic, data-driven workforce decisions.
-
Say Goodbye to Your Legacy Enterprise Performance Management Solution
Forward-thinking organizations are considering cloud alternatives to outdated enterprise performance management (EPM) solutions as end of life looms for on-premise systems.
-
What Is Financial Planning and Analysis?
FP&A teams play a crucial role in companies by piloting the budgeting, forecasting, and analysis that support major corporate decisions.
-
8 Tactics Organizations Can Use to Navigate a Changing World
Uncertainty can take a variety of different forms. That’s why it’s imperative for business leaders to have plans in place in the event of an economic downturn—and what comes after.
-
10 Tips for Fixing FP&A During an ERP Upgrade
If you want to make changes to your planning system amid an ERP upgrade project, these do’s and don’ts will help ensure a successful outcome.
-
6 Advantages of Aligning Financial Planning With Sourcing During Uncertainty
Discover how procurement and sourcing teams are collaborating with financial planning and analysis teams to drive savings and maintain business continuity despite economic volatility.
-
Harvard Business Review Analytic Services Study: Modern Planning Tools Boost Agility
A new report uncovers a divide between the modern planning tools that organizations want and the ones they have—but also finds growing efforts to bridge the gap.
-
Scenario Planning: The Reality Check Every Business Needs
The ability to quickly and easily assess potential outcomes—best case, worst case, most likely case—is extremely valuable when variables are constantly changing.
-
Top 5 CFO Questions About Going Beyond ERP
Finance leaders looking to the next generation of enterprise resource planning (ERP) systems must focus on how their software will connect people, operational, and financial data to create value now and well into the future.
-
Why Modern Planning Software Is Essential in Times of Uncertainty
For true business agility, companies can no longer rely on spreadsheets, manual processes, and legacy financial planning and analysis (FP&A) technology.
-
Is It Time to Automate Your Finance Planning Processes?
Automating repetitive financial planning tasks can reduce errors, shorten cycle times, and increase financial planning and analysis (FP&A) productivity.
-
Workday Podcast: Revenue Forecasting for Services Firms: A Key for Growth
More than half of professional services firms can’t forecast project revenue beyond six months. Workday’s Mark David and Justin Joseph share insights into how organizations can get revenue forecasting right, even when business is anything but usual.
-
FP&A’s Role in ESG Planning and Reporting
As demand for disclosure increases, CFOs will need help from their financial planning and analysis (FP&A) teams to meet and report on environmental, social, and governance (ESG) goals.
-
How ESG Strategies Help Banks Protect Profits and the Planet
Sustainable and socially responsible investments can boost growth while also building a brighter future. Workday’s Pete Rutman discusses how banks need transparent reporting to make a meaningful impact.
-
McKinsey Expert: How to Build the Best Team to Support the CFO
As CFOs are tasked with more responsibilities, one way to create greater value across the enterprise is to envision what next-level financial planning and analysis (FP&A) teams will look like. McKinsey & Co. expert Michele Tam identifies considerations for finance leaders looking to the future.
-
How Sales Teams Can Successfully Navigate Today’s Environment
In a time when unpredictability is the new status quo, sales teams need a powerful planning tool that can help them course-correct with precision and speed.
-
How to Solve the Challenges of Headcount Reconciliation
Finance and HR routinely produce headcount numbers that don’t match—and that’s a problem.
-
Efficiently Navigating International Regulations and Multinational Growth: Can Your ERP Do This?
Shifting regulatory environments, compliance obligations, and tax laws around the globe are increasing challenges for businesses using legacy systems. The Workday Enterprise Management Cloud offers a new approach geared toward the future.
