Accounting and Finance

Intelligently automate your general ledger.

Financial accounting results dashboard showing income statement and quarterly expense analysis.

WHAT YOU CAN DO

Elevate enterprise performance, exponentially.

Workday AI speeds up accounting processes, reduces friction, detects anomalies and delivers insight-rich recommendations. The result? Greater efficiency that enables your teams to focus on the strategies that move your business forward.

KEY CAPABILITIES
  • General ledger
  • Accounts payable and receivable

  •  Fixed-asset management

  • Cash management
  •  Revenue management

  • Global consolidation

  •  Financial reporting and analytics

Accelerate time to action with data-driven decisions.

Financial executive scorecard showing graph of revenue and revenue and backlog amounts versus target amounts.

Continuous accounting for in-the-moment insight.See the impact of your transactions as they happen with continuous accounting. And quickly identify and address issues for easier analysis.

Assess the financial impact of business events.Workday transforms operational transactions into detailed accounting so you can see your full financial picture all in one place.

Consolidate in real time for a faster close.Why wait for period-end to view results? Automatically create accounting in real time for an in-the-moment view into consolidated financial performance.

Multi-dimensional analysis from any report.Analyse transactions and accounting, compare budget versus actuals and blend financial and operational data – all in the same system.

Drill into your data and share results.Unite data from any source for a more comprehensive analysis – and when it’s time to report, quickly produce financial statements, KPIs, scorecards and more.

“With the implementation of Workday, we achieved great improvements in the organisation. We were able to reduce the time of the month-end closing by half. We gained efficiency in our internal process and improved governance.”

—CFO, Aon Japan

Auditor dashboard showing bar graph of top expense items with no receipt.

Continuous auditing for peace of mind.

Our flexible business process framework lets you configure workflows for every process and transaction, set standardised controls and track changes as they happen to help reduce the time and money spent on audits. Always-on audit

Efficient accounting for effective finance.

Supplier accounts dashboard showing graph of supplier invoice status.
Revenue management dashboard showing bar graph of contract value by region.
Cash management dashboard showing month-end cash position in reporting currency.
Asset depreciation forecast dashboard showing spend category and composite asset roll forward report.

Pay suppliers with ease.

Seamlessly set up suppliers, manage invoices and process approvals – and automate payments and other processes to improve accuracy and reduce errors.

Take care of your customer lifecycle.

Manage contracts, billing, collection, accounting and analytics from a single system. With Workday, you can streamline processes and focus more on customer needs.

Control your cash flow.

Automate bank account management and gain a live look into cash levels to optimise your global cash position and forecast.

Manage assets from acquisition to disposal.

Account for assets throughout their lifecycle. We deliver complete visibility into their history, from procurement to disposal.

Supplier accounts dashboard showing graph of supplier invoice status.

Pay suppliers with ease.

Seamlessly set up suppliers, manage invoices and process approvals – and automate payments and other processes to improve accuracy and reduce errors.

Revenue management dashboard showing bar graph of contract value by region.

Take care of your customer lifecycle.

Manage contracts, billing, collection, accounting and analytics from a single system. With Workday, you can streamline processes and focus more on customer needs.

Cash management dashboard showing month-end cash position in reporting currency.

Control your cash flow.

Automate bank account management and gain a live look into cash levels to optimise your global cash position and forecast.

Asset depreciation forecast dashboard showing spend category and composite asset roll forward report.

Manage assets from acquisition to disposal.

Account for assets throughout their lifecycle. We deliver complete visibility into their history, from procurement to disposal.

Journal Line Anomalies by Ledger Account dashboard in Workday’s Accounting and Finance solution.

Intelligent process automation.

Workday AI automates your finance and accounting processes so you can work smarter and faster. Continuously monitor journal anomalies, make corrections at any time, get spend category recommendations and more.

A Leader in Gartner® Magic Quadrant™ for Cloud ERP for Service-Centric Enterprises

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A consistent source of truth for FP&A and accounting.

With a seamless flow of information, FP&A gains immediate access to actuals, empowering more continuous planning. And accounting can understand performance relative to budget at all times.


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