What Is Financial Reporting?
Timely, accurate financial 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.
Planning
Guidance and insights into financial and workforce planning.
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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.
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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.
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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.
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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.
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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Forward-thinking organizations are considering cloud alternatives to outdated enterprise performance management (EPM) solutions as end of life looms for on-premise systems.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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How to Solve the Challenges of Headcount Reconciliation
Finance and HR routinely produce headcount numbers that don’t match—and that’s a problem.
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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.
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Workday Podcast: The A to Z of Quote-to-Cash for Tech and Media Companies
You may not realize how quote-to-cash is a part of everyday life, but it’s humming behind the scenes as companies work to influence your decisions about apps, services, and subscriptions. In this episode, it’s all about quote-to-cash for technology and media companies with Igor Stenmark from MGI Research and Justin Joseph from Workday.
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How to Make Financial Planning a Year-Round Process
Making financial planning a continuous, year-round process will improve your company’s agility and help it reach its strategic goals.
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A Future-Ready Workforce Calls for Companywide Planning
For successful workforce planning, organizations must rethink their talent strategies to minimize skills gaps, maximize hiring investments, and better align talent with corporate objectives.
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9 Ways to Plan for the Changing World of Finance
To thrive in a competitive and global marketplace, you need exceptional financial forecasting processes and a finance team capable of orchestrating them.
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The Power of Continuous Planning for Retail CFOs
The age of continuous planning for retail CFOs is here, and it is the key to unlocking increased efficiency, lowering costs, and forging a positive path forward, even through disruption.
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The Power of the Employee Voice in Successful Business Transformation
Successful business transformation initiatives can be difficult to manage, especially when employees aren’t aligned with leadership. The best way to close that stakeholder gap is by empowering the employee voice.
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Continuous Planning Catapults Finance Forward
As countless businesses have discovered, adopting a culture of continuous planning helps unlock an agile future.
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Why an Intelligent Data Foundation Is Key to Becoming Decision-Ready
How can you get to the underlying financial and operational data that reveals what’s really driving the business? Discover how to overcome common barriers and where to best invest so you can adapt to change as it happens.
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Planning for a Sustainable Future: How Organizations Can Deliver Data-Driven ESG Results
Organizations dedicated to their role in the global movement toward sustainability have put responsible environmental, social, and governance (ESG) practices at the forefront. Deloitte’s Rikki Stancich and Andrew Wood describe how to use Workday Adaptive Planning to assess ESG metrics, determine improvement goals, and report progress.
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To Plan Better, Close Smarter
A modern close process can accelerate business agility and create a frictionless, collaborative environment for accounting and financial planning and analysis (FP&A).
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These 2 Imperatives Will Help You Close the Acceleration Gap
The gap between the intensifying rate of change and an organization’s ability to keep up with it is a strategic problem with painful results. Here’s what’s required to close the gap.
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Accelerating the Digital Finance Journey: A Four-Step Framework for Value Creation
The enterprise management cloud can help organizations remove friction in their finance processes to achieve greater efficiency and add enterprise value. Workday's Barbara Larson lays out the process.
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How Flexibility Can Drive the Great Retention of Frontline Workers
Workplaces that employ hourly workers aren’t always known for flexibility. But technology, powered with artificial intelligence and machine learning, can help workplaces be more attractive to frontline talent. Enter flexible scheduling for frontline workers.
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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.
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Why Finance Needs to Rethink the Reporting Process
With data visualization and real-time dashboards, CFOs and finance teams are able to better understand what their data is trying to tell them.
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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.
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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.
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How to Improve Profitability Analysis
Profitability analysis can drive decision-making and move the needle on future profits by answering key questions.
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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.
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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.
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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.
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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.
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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.
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Charting the Path to Modern Planning
For a growing number of successful enterprises, becoming more adaptable has meant charting a path to modern planning.
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What Is Zero-Based Budgeting?
Zero-based budgeting is useful for companies looking to align spending with business goals during uncertain times.
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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.
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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.
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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.
