Revenue Management

Seamless revenue management, from contract to cash.

Enterprise revenue management dashboard showing a bar graph for contract value by region. 2020R1

what you can do

End-to-end revenue management.

Workday revenue management takes care of the entire revenue lifecycle. 

And as your business needs evolve, our unified revenue management delivers the flexibility and scalability you need to adapt and grow.

KEY CAPABILITIES
  • Contract-to-cash processing
  • ASC 606/IFRS 15 compliance
  • Profitability reporting
  • Project billing
  • Customer management
  • Automated intercompany transfers

Workday ranked #1 in Automated Revenue Management for 2019.

Screenshot of Workday Revenue Scenario Tool desktop view

Comprehensive revenue recognition.

Flexibly support complex revenue arrangements, while complying with GAAP and IFRS guidelines. You can also smoothly transition to the new guidelines and run what-if scenarios to see how they’ll impact your business.

  • Record revenue events
  • Complete fair-value analysis
  • Link contracts
  • Recognize many revenue arrangements

Complete visibility. Flexible features. A global core.

Screenshot of Workday Financial Management Customer Contract Work area desktop view

Our revenue management system lets you view, adjust, and analyze everything in one system built on a robust global core.

A full view of customers and contracts.

Create, approve, and track customers across the life of every contract—capturing every contractual change for greater visibility and lower risk.

A flexible approach to billing.

Choose from a wide range of billing models and gain deeper insight into markups, write-offs, and billing rules to reduce revenue leakage.

Automated intercompany invoice processing.

Automatically create intercompany invoices to cross-charge projects, promote accuracy, assess profitability, and align revenue with cost.


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