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Finance
News, trends, and insights for finance leaders and professionals.
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Holistic Financial Planning and Integrated FP&A
Finance teams are under pressure to plan faster, more often, and with input from every corner of the business. Holistic financial planning and integrated FP&A make that possible by connecting people, data, and decisions in real time.
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How AI Is Shaping Predictive Analytics in Finance
AI has already led to huge changes in predictive analytics in finance, and the biggest are yet to come. Learn how automation and advanced data analysis are turning finance teams into strategic leaders.
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2025 Financial Planning Trends Every CFO Should Know
2025 is firmly underway—but what will the defining trends be for CFOs? Read on to learn more about the importance of upskilling finance teams, adopting cloud-based solutions, and AI as a key enabler of integrated finance.
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Workday Named a Leader in the 2024 Gartner® Magic Quadrant™ for Financial Planning Software for Third Year in a Row
We’re honored to once again be recognized as a Leader in the Gartner® Magic Quadrant™ for Financial Planning Software for our completeness of vision and ability to execute.
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Workday Named a Leader in the 2024 Gartner® Magic Quadrant™ for Cloud ERP for Service-Centric Enterprises
We’re excited to be recognised as a Leader in this report once again. Workday Illuminate reflects our relentless commitment to innovation around how we deliver AI across the Workday platform to empower our customers with increased efficiency and deeper insights, unlocking the ability to seize new opportunities for growth.
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Is Your ERP Holding You Back? Modern Platforms Emphasize Enterprise Data
Organizations using true cloud platforms are best able to manage their finance, people, and data in a way that provides unprecedented transparency and agility that best prepares them for a future of growth.
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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.
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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.
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Introducing Accelerate with Workday
Accelerate with Workday makes it easier than ever for companies to get started and see results with Workday—realizing 42% faster time to value. Learn how this new program helps keep organizations moving forever forward.
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Our Key Takeaways From the Gartner® Hype Cycle for ERP, 2023 Report
Report shows Application, Finance and IT leaders which technologies can transform their businesses as well as when and how to include them in their ERP strategy.
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Why CFOs Must Focus on Closing the AI Trust Gap
Finance leaders should work to improve trust around AI to help improve adoption of the technology and enable digital transformation to achieve greater productivity, Workday CFO Zane Rowe said at the most recent World Economic Forum in Davos.
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Survey: Finance Leaders Envision the Role of Generative AI in Their Organizations
With the vast economic potential of generative AI becoming increasingly apparent, finance leaders are taking note. Deloitte’s recent CFO Signals quarterly survey shows what’s on their minds around benefits, risks, and barriers to adoption of the transformative technology.
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Why HR Leaders Must Get More Strategic About Payroll
Payroll has the potential to provide valuable insights for strategic decision-making, creating a big impact on business outcomes and significantly influencing the success of an organization.
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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.
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Global CFO AI Indicator Report: How Finance Leaders Can Become Value Creators
While the opportunity for AI in finance is nearly unlimited, it can also be overwhelming. To clarify a path forward, we created the “Global CFO AI Indicator Report,” commissioned with FT Longitude.
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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.
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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.
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Workday Again Named a Leader in the 2023 Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises
We’re thrilled to be named a Leader in this category for the second time since the category’s inception last year. With artificial intelligence and machine learning built into its core, Workday Enterprise Management Cloud unlocks the potential of our customers’ processes, data, and people.
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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.
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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.
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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.
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CFOs Look to Address the Finance Talent Gap With AI and ML
Artificial intelligence (AI) and machine learning (ML) could prompt finance leaders to adopt automation more widely and rethink ways to provide value to the enterprise. A recent Fortune webcast highlighted what opportunities the new technologies might offer.
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The Future of Insurance: Aiming for Agility
Rising climate change risks, heightened consumer expectations, and a dearth of tech talent loom large among the insurance industry’s near-term issues and opportunities. Industry experts share how these demands—and more—will shape the industry in the years to come.
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3 Trends That Will Reshape Accounting and Finance in 2023
Technology—including artificial intelligence (AI) and machine learning (ML)—will play a significant role in helping finance leaders retain talent, achieve accounting automation, and create value for the enterprise. Philippa Lawrence, chief accounting officer and vice president at Workday, lays out what she sees on the horizon.
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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.
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How CFOs Are Driving Value With Forward-Thinking KPIs
Finance leaders are increasingly relying on forward-looking and customer-centric key performance indicators to drive business success.
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Why Intelligent Resource Management Matters
For professional services firms facing a tight talent market and far-ranging industry pressures, the usual ways of pairing people and projects require a rethink. We talk with Workday’s Patrice Cappello and Justin Joseph to learn more about how intelligent resource management can help.
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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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Workday Global Study: Why the CFO Is Crucial to a Data-Driven Future
Our global survey on digital transformation shows that CFOs have a strong awareness of organizational culture, and they’re poised to initiate change.
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Why Technology Companies Are Choosing Workday
Tech companies face a litany of challenges to stay competitive. Here’s why Salesforce chose Workday Financial Management to drive its next generation of growth.
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Workday Global Study: Financial Services Industry Leaders Share Their 3 Biggest Digital Opportunities
Our survey found that only 38% of financial services leaders are confident in their ability to make data-informed decisions in real time. Workday’s Pete Rutman discusses what this means for the industry and its digital growth.
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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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The 3 Elements That Will Define the Future of Accounting
Next-generation finance professionals face an increasingly complex set of expectations. Philippa Lawrence, vice president and chief accounting officer at Workday, describes what successful accounting teams will look like going forward.
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Q&A: Workday’s Barbara Larson and Pete Schlampp on the Evolving Finance Function
Workday’s finance and strategy leaders spoke with Boston Consulting Group on how finance at Workday has evolved to support our growth, and the lessons other finance leaders can learn through their approach to data and cross-functional collaboration.
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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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The Importance of Relationships for Successful ERP Modernization
Many CIOs are in the driver's seat when it comes to deciding their organization's overall ERP strategy. Yet successful transformation requires effective partnership with other stakeholders, particularly the CFO. Learn why building strong relationships across the business is critical to ERP modernization, and the business benefits that come from an adaptable platform.
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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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Connecting Retail’s Front and Back Office
Learn why the connection between retail’s front and back office is essential for solid decision-making.
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8 Ways to Supercharge Supplier Contract Management
Learn best practices for creating a supplier contract management strategy to identify supplier gaps and drive savings.
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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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Workday Named a Leader in the 2022 Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises
We’re delighted to announce that Workday has been recognized as a Leader in the 2022 Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises, a new category. Answering the call from our customers, Workday Enterprise Management Cloud transforms the way organizations operate by going beyond the boundaries of traditional enterprise resource planning (ERP) systems.
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CFOs and CHROs Identify Top Factors in Building Sustainable Growth
Finance and HR leaders in midmarket companies say landing key talent and improving operational efficiency are critical for success, according to a new AchieveNEXT survey.
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4 Trends Shaping the European Banking Sector, Part 1
The banking sector has long been ripe for transformation. Yet, legacy technologies have often prevented wholesale digital change. We’ll take a look at two challenges facing the European banking sector and the risks facing organisations on the path to transformation.
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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.