Financial Consolidation and Close Software

what you can do

Consolidate and close with
confidence.

Consolidate results from multiple companies and non-Workday financial systems easily, every time. We automate the reconciliation, consolidation, reporting, and close process so everything is done accurately in one system.

KEY CAPABILITIES

Global consolidation
Period close process
Period close dashboard
Real-time financial reporting
Account reconciliation and certification
Third-party GL integration

Financial results dashboard showing income statement and pie graph for quarterly expense analysis. 2020R1

View consolidated results any time.

Wondering what your financial results look like during the period? No problem. Consolidation and close in Workday provides real-time currency translations, intercompany eliminations, and retained earnings calculation.

View Quick Demo (3:18)

70% reduction in time to close.

—CustomInk

Run a more efficient close.

The financial close is a complex but critical process. Workday streamlines closing so you can spend more time analyzing results.

Use the period close business process to automate tasks, route approvals, send reports, and more.

Close faster with in-memory accounting and reporting that delivers instant insight, with fewer reconciliations along the way.

Prioritize work with delivered dashboards for period close, account certifications, and more.

Period close metrics showing bar graph of days to close along with a progress monitor table. 2020R1

Account certification dashboard showing balance sheet certification progress and number of account certifications. 2020R1

Reconcile accounts the easy way.

There's no need to move data out of Workday to verify account balances. Account reconciliation and certification are automatically embedded in the transaction system.