Finance

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

Finance

Preparing Financial Services Companies for the "Never Normal”

At Workday Industry Insights EMEA, experts, customers, and industry commentators discussed how financial services organisations are embracing digital to deal with a future that is anything but normal.

Steve Dunne
Finance Human Resources

What Is an ERP System, and Why Workday Is Different

Companies must think beyond a “lift and shift” of their current ERP system to the cloud. Instead, they must uplift and re-shift their systems and processes to align with achieving business goals in the digital age. That’s why Workday, as an enterprise management cloud solution, is different.

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
Finance

Bank of America CEO Highlights the Competitive Advantages of ESG Principles

Although environmental, social, and governance issues aren’t simple, Brian Moynihan advised CFOs in a recent Fortune event to approach ESG metrics in a way that is straightforward, calculable, and deliverable.

Bruno J. Navarro
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The Age of Agility Demands You Lose That Outdated ERP System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

How Financial Services Industry CFOs Can Better Adapt to Change

Shift happens—again and again. Yet to succeed in an ever-changing business environment, financial services industry CFOs must drive better decision making and flexibility by uniting operational and financial data in an enterprise management cloud.

Pete Rutman
Finance

Why Both Technology and Soft Skills Are Now Crucial for CFOs

The evolving role of the CFO means that rising finance leaders must now be fluent in technology and human relationships. Panelists at a Fortune virtual conversation shared their unique approaches to leadership.

Bruno J. Navarro
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, science, and governance (ESG) reporting and diversity and inclusion efforts, according to PwC’s latest Pulse Survey.

Bruno J. Navarro
Finance

Why CFOs Should Expect More than Speed From Their Cloud Provider

CFOs need a cloud provider that helps them quickly close their books and report results. Yet they also should be provided with the needed insights to be able to clearly articulate their strategic vision and discuss future growth opportunities. Read our Q&A with Terrance Wampler, general manager, Workday Financial Management.

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

Looking Forward: How CFOs Can Leverage Data Analytics to Guide Their Companies

A recent Deloitte report finds high quality data is a top priority for a vast majority of business leaders, but deploying the right solutions is its own challenge. A recent webinar examines real-world examples of what digital transformation can achieve.

Bruno J. Navarro
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

Looking Forward: 8 Trends Impacting the Office of the CFO

Rakesh Duggal, senior manager at Deloitte, connected with Annette Melatti, Workday’s senior director, solution marketing for the office of the CFO, to explore the trends shaping the future of finance and to discuss how finance leaders can incorporate them into their everyday work.

Workday Staff Writers
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

A CFO's Guide to Accelerating Digital Initiatives

How can a business accelerate its move to digital finance in a post-pandemic world? Here are four areas that are driving value, and should be on every finance leader’s radar in 2021 and beyond.

Steve Dunne
Customers and Community Finance

Equiniti and Netflix: Finance Transformation in the Age of Disruption

Finance leaders from Equiniti and Netflix share how they pivoted to virtually operating their company’s financials when the COVID-19 pandemic hit, and how they’re better preparing for future disruption.

Workday Staff Writers
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

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
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
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

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

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
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
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
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
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
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
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
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
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
Finance

9 Things to Know About Buying a Financial Management System in 2020

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
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
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