Workday Financial Management

What is Workday Financial Management?

Workday Financial Management is a comprehensive cloud-based solution that provides organizations with a robust set of financial management capabilities. Designed with a global foundation, it goes beyond just managing financial processes to deliver greater insight, improve financial consolidation and reduce time to close, instill internal control and auditability, and achieve consistency across global operations

Highlights

• Utilizes an in-memory architecture and object data model to support a single system for transaction processing, multidimensional reporting, consolidation, planning, and compliance, all with a consistent user experience accessible from desktop or mobile devices
• Covers essential business areas such as accounting and finance, audit and internal controls, revenue management, reporting and analytics, global financial reporting and consolidation, financial planning, projects, expenses, procurement, inventory, and grants management
• Enables decision-makers to access in-the-moment and on-the-go financial and business insight, empowering them to act upon and plan for what's next
• Offers web-based and mobile-friendly functionality, allowing users to view their Workday Financial Management software with full transparency while on the go or out of the office.