Workday Financial Management Expands Customer and Product Footprint Globally
More Than 150 Organisations Select Workday Financial Management for Insights to Grow Their Business; Continued Product Innovation Helps Customers Adapt in Today's Dynamic Business Environment
PLEASANTON, CA and LONDON, UNITED KINGDOM--(Marketwired - Sep 28, 2015) - Workday, Inc. (
Adding to this momentum, Workday also announced the availability of new Workday Financial Management applications and features in its latest release, Workday 25, that expand the breadth and depth of insights global finance teams can uncover. New product additions include the general availability of Workday Inventory, new reporting and analytics capabilities, and expanded product translations and localisations.
"As our customers evaluate growth strategies, we are confident they have a financial management foundation that can support and scale with their businesses not only today but for years to come," said Betsy Bland, vice president, financial management products, Workday. "With Workday Financial Management, CFOs are not only able to equip their finance teams with smarter tools to drive the business forward, but have a system that empowers managers with the insights to be better financial stewards of their organisations."
Global Organisations Gain Insights for Future Growth with Workday Financial Management
Workday's growing global customer community includes such organisations as Sky Betting & Gaming, an online betting and gaming company headquartered in the UK, and Salmat, a leading multi-channel marketing company with more than 4,000 employees headquartered in Australia. With an adaptive, global foundation, Workday Financial Management is built to equip these and other organisations with the insights they need to operate in a complex, competitive, and fast-paced business environment.
Workday has also expanded the breadth and depth of benefits and insights finance teams can uncover with new features and applications in the last year including:
Deeper Industry Functionality: Workday continues to deliver industry-specific features and applications that extend the value of a single finance and HR system. Recent additions to the Workday product suite include Workday Inventory -- a new application available with Workday 25 -- which is designed to meet the internal supply chain management needs across multiple industries, and helps support an organisation's end-to-end process for inventory needs such as the ability to store, manage, track, and replenish items. Additionally, Workday Professional Services Automation (PSA) was made available earlier this year to help professional services organisations more efficiently and effectively manage their teams, projects, and business -- all in one unified system.
Richer Reporting and Analytics: With Workday 25, customers have even greater visibility into key organisational metrics and reports with the introduction of pre-packaged dashboards including the auditor dashboard, projects dashboard, and revenue dashboard, which help customers identify risks and assess performance in real time from a single source. Workday also recently announced its budgeting, planning, and forecasting application, Workday Planning. Scheduled to be available in calendar year 2016, Workday Planning will enable customers to continuously plan and collaborate on budgets and forecasts by harnessing the power of one system that unifies real-time finance and HR data with analytics and enterprise planning.
Broader Global Footprint: Workday continues to make investments in Workday Financial Management's global capabilities including the addition of new language translations in French and Spanish as well as new country-specific configurations including the U.S., Canada, UK, Ireland, Netherlands, Australia, and New Zealand.
Additional Comments on the News
"As our organisation undergoes significant change merging with another company, having an agile technology foundation is crucial to keeping our focus on clients and continued business growth," said Craig Cuyar, global chief information officer, Cushman & Wakefield. "With Workday, we have a single system that combines real-time financial, operational, and people data that not only helps us drive global efficiencies, but also delivers the insights we need to adapt and grow in an increasingly dynamic industry."
"Our clients' success is at the core of what we do so it's important that we continuously innovate, and uncover new efficiencies that help make us a better financial partner," said John Gavigan, senior vice president and chief financial officer, First Financial Bank. "Workday will provide us with the finance and HR foundation required to quickly adjust to a dynamic banking environment, drive efficiencies, and scale the business in order to continually drive greater success for our company and our clients."
For more information on Workday Financial Management's industry-specific capabilities, please visit:
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Workday is a leading provider of enterprise cloud applications for finance and human resources. Founded in 2005, Workday delivers financial management, human capital management, and analytics applications designed for the world's largest companies, educational institutions, and government agencies. More than 1,000 organisations, ranging from medium-sized businesses to Fortune 50 enterprises, have selected Workday.
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