Make change your friend.
Today’s rapidly changing business landscape isn’t for the faint of heart. Unanticipated events and challenges such as explosive growth, M&As, and new cloud-based business models can be extremely disruptive to your enterprise. New and emerging IFRS 15 and ASC 606 revenue standards will also change the way you conduct business with your customers.
Workday Financial Management addresses these challenges, including the ability to automate your quote-to-cash process and provides global financial capabilities to enable business growth. Here Workday automates your revenue recognition and customer billing processes, including support for new usage and subscription-based approaches. You can closely monitor customer contracts, professional services business, customer receipts, and company spend with real-time business processes and analytics.
Workday Human Capital Management also includes the ability to quickly reconfigure organizational structures and business processes to simplify entry into new markets, release new product offerings faster, and streamline acquisitions. At the same time, Workday allows you to increase your recruiting funnel, adapt your talent and performance processes, and easily align headcount with critical initiatives.