CFO / FINANCE

The Power of a Unified Financial Platform

Is your financial system future ready?

This past decade has witnessed unprecedented change in the world of finance—the global economic crisis, the rapidly changing regulatory landscape, and the accelerated pace of globalization, just to name a few.  Finance has been thrust into the spotlight and is now expected to deliver insights and guidance beyond the numbers, while also integrating company-wide concerns such as corporate risk mitigation and strategy execution.

To help navigate this new world, Workday offers the only Financial Management solution built this decade that integrates these requirements into a unified solution. Workday gives CFOs a real competitive advantage by modeling the way business operates today and offers superior agility to meet the challenges of the future.

Workday Financial Management offers:

• A comprehensive, unified financial and accounting solution built on a global core to help you manage your financial processes around the world easily and efficiently.
• Unprecedented global access and real-time visibility into the performance of your business. Get rapid insights into key performance metrics across all aspects of the enterprise to enable agile decision making.
• Superior governance controls and security built into the fabric of the system to help you proactively manage enterprise risk and ensure adherence to the ever-evolving regulatory landscape.
• Accelerated financial and operational efficiencies by automating the production of key financial and operational metrics and workflows across the enterprise.
• Real multi-tenant SaaS allows for lower total cost of ownership, improved return on investment, and predictable operating costs.

People Are the New Bottom Line

Do you know your return on your people investment?

Your business is the sum of its parts—your inventory, your production, your sales and marketing and your spend. But more than half of your operating costs can be tied to your workforce-the people who deliver revenue, drive growth, and make your business perform. Yet people are often the least optimized asset within a company.  Understanding the efficiency of your workforce is absolutely critical to compete effectively in the global marketplace.

Only Workday enables CFOs to gain unprecedented insights into the cost and value of workers (employees and contingent labor), and optimize investments in this area for sustainable competitive advantage. You can turn these insights into business growth through:

• Workforce Visibility: Increased authority and credibility by having real-time, accurate visibility into the composition, capabilities, and cost of the workforce.
• Workforce Alignment: Provide managers with tools that help maximize the performance and output of their teams and ensuring alignment of people and the work they are doing with business strategies and key initiatives.
• Workforce Optimization: Contributing to the sustainability and growth of your organization by guiding and optimizing workforce investment decisions.

Effectively Manage IT Costs

Are the costs of your ERP applications impossible to forecast because of unforeseen patches, upgrades, and re-implementations?

The ability to predict costs should be simple with today's technology, but traditional on-premise ERP applications are inherently unpredictable.

Workday brings an end to surprise charges by offering a modern, subscription-based SaaS solution. You are not required to buy any hardware, software, middleware, or databases. Workday makes all updates and upgrades on-demand and on a continuous basis, which means you always know how much you're spending-now and in the future.