The ultimate measure of a business is cash. Using Workday Cash Management, companies can automate the coordination and control of cash-flow activity. Workday also automates administrative and control activities, such as bank statement reconciliation, while providing embedded business intelligence.
Workday uses a single settlement engine across the entire business - such as expenses, payroll, and payables - to manage the settlement process. The result is a rationalized approach to managing cash across the processes, such as procure-to-pay and payroll, that traditional enterprise applications deliver in unconnected silos. Workday Cash Management consolidates the reconciliation of cash into a single page, from which real-time payment decisions can be made. And all of this happens before payment group approval workflows are invoked and settlements are initiated.
Workday Cash Management provides:
Financial Accounting | Customer Accounts | Supplier Accounts | Cash Management
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