Accounting and Finance

A fresh approach to financial management.

Workday Financial Management includes a full range of finance and accounting capabilities, real-time business insights, and "always-on” audit process management.

Analyse activity across meaningful operational dimensions.

Set key metrics with helpful status indicators.

Attach comments to provide supporting context for decision-makers.

Harvard Business Review: Cloud-Based Finance for the Talent-Driven Enterprise
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Workday Financial Management
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Go beyond the books.

Achieve the highest levels of business performance and financial excellence.

  • View your financial performance with real-time financial and operational reports.
  • Accommodate multi-entity, multi-book, and multi-currency requirements.
  • Manage your global business with country-specific configurations and language translations.
  • Adapt to new business and regulatory demands without extra customisation.
  • Ensure security and compliance with embedded controls and always-on audits.

Control your cash flow.

Streamline payment processes and gain greater visibility over your cash flow.

  • Track and manage your business bank accounts.
  • Automatically reconcile bank statements.
  • Manage all payments across your entire business with a single settlement engine.
  • Gain real-time visibility into cash balances.
  • Accurately forecast cash flow with embedded analytics.

Manage your business assets.

Account for all your business assets – from laptops and mobile phones to rights and licences.

  • Manage the full asset life cycle, from acquisition to disposal.
  • Create multiple asset books to report on and comply with different accounting standards.
  • Define, track, and account for tangible, intangible, and composite assets.
  • Track low-cost items that have high value, like mobile devices, security badges, and so on.
  • Assign items to workers to prevent cost leakage and security risks.

Pull real-time financial reports.

Gain immediate visibility into your organisation’s performance. Our financial management and accounting software delivers reports with speed and accuracy.

  • Access fast, accurate, and completely auditable financial records.
  • Stop wasting time consolidating data from fragmented systems.
  • Transform financial and management reporting with composite reports.
  • Make decisions faster with flexible, ad hoc reporting.
  • Get financial reports from anywhere, on any device.

Consolidate and close in real time.

Close the books and consolidate results with confidence and speed. Workday provides complete visibility into your global operations.

  • Close faster with contextual analytics, configurable dashboards, and flexible business processes.
  • View consolidated results throughout the period with automatic eliminations and currency translations.
  • Support ownership scenarios like investment in a subsidiary, non-controlling interest activity, and equity pickup.
  • Consolidate results from non-Workday systems for a full view of your operations.

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