A Fresh Approach to Financial Management

See how Workday Financial Management helps you make strategic decisions better, faster and with more predictable outcomes.

Unified Global Financial Insight

Workday Financial Management goes beyond the basics of accounting and focuses on speed, agility, cost and insights. Delivered in the cloud, this suite of unified applications includes a full range of finance and accounting capabilities, real-time business insights and fully auditable process management.

Suggested Resources

Workday Financial Management Datasheet

Workday Financial Management

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TripAdvisor Case Study

Customer Case Study : TripAdvisor

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Financial Management Live Demo

Financial Management Live Demo

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Accounting: GL, AP, AR and Beyond
Accounting: GL, AP, AR and Beyond

Workday Financial Management gives you the tools to achieve the highest levels of business performance and financial excellence.

  • Get immediate visibility into financial performance with real-time, comprehensive financial and operational reports
  • Process transactions quicker and more accurately without compromising control
  • Accommodate multi-entity, multi-book and multi-currency requirements for global organisations
  • Adapt and accommodate new business and regulatory requirements as they arise without additional customisations or technology investments
  • Ensure proper security and support compliance efforts with embedded controls and an always-on audit trail
Cash Management: Automate and Control Your Cash Flow
Cash Management: Automate and Control Your Cash Flow

Streamline payment processes and gain greater control and visibility over the lifeblood of your business: your cash flow.

  • Track and manage your business bank accounts
  • Automatically reconcile bank statements
  • Use a single settlement engine to manage all payments generated across your entire business, including payroll, supplier payments, employee expense reimbursements and customer refunds
  • Gain real-time visibility into cash balances and more accurately forecast cash flow with embedded analytics
Manage All Your Business Assets
Manage All Your Business Assets

Workday combines the traditionally separate domains of fixed assets and inventory with the ability to manage and account for all your business assets – from high-value, low-cost assets like laptops and mobile phones to intangible, high-value assets like rights and licences. And it all happens in a single, unified system.

  • Manage your asset roster, depreciation, and lifecycle accounting
  • Define, track, and account for both tangible and intangible assets
  • Track low-cost and zero-cost items that have high value or liability (e.g., mobile devices or security badges)
  • Assign custody and responsibility of items to workers to prevent cost leakage and security risks due to worker turnover
  • Account for business assets according to accounting rules and track according to business use
Real-time Financial Reporting
Real-time Financial Reporting

By combining a unique, event-driven accounting approach with built-in controls and a robust multi-company, multi-currency model, Workday securely delivers financial records and reports with speed, accuracy and complete auditability.

  • Get immediate visibility into financial performance with real-time, consolidated reports
  • Reduce the time spent compiling, reconciling and consolidating data from fragmented systems
  • Enable finance to provide improved business-decision support
  • Generate reports on the fly with flexible, ad-hoc reporting
  • Securely access financial reports from anywhere using a web browser or mobile device
Controls: Adhere, Audit, Adapt
Controls: Adhere, Audit, Adapt

Workday eliminates the need for bolt-on governance, risk and compliance (GRC) systems with built-in controls at the transaction level that ensure proper security, separation of duties, transparent business processes and comprehensive auditing.

  • Configure and monitor business processes and workflows
  • Adapt business processes whenever changes are needed without having to reimplement your financial system
  • Report on transactions and get full audit reports on any and every transaction processed in the system
  • Configure security access policies and ensure separation of duties
  • Manage all your business controls centrally, while allowing for variations for local regions or specific countries

See Workday Financial Management in Action

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TripAdvisor Workday Customer