• Accounting and Finance

    Account, reconcile, and close all in one system.

    Workday Financial Management provides robust finance and accounting capabilities, real-time business insight, and always-on audit and internal controls.

    View consolidated results throughout the period.

    Analyze activity across meaningful operational dimensions.

    Make decisions with live accounting results and real-time variance analysis.

    Gartner Magic Quadrant for Cloud Core Financial Management Suites
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    Why Switch to Workday Financial Management?
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    Workday Financial Management
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    Reach new levels of finance efficiency.

    • Quickly respond to anomalies with in-memory accounting and reporting.
    • Configure business processes to manage change, without IT help or customization.
    • Meet global requirements with country-specific configurations, language translations, and multientity, multibook, and multicurrency support.
    • Ensure security and compliance with internal controls and always-on audit.

    Gain deeper, dimensional insight.

    Combine transactions and reporting to deliver deep insight across finance and HR.

    • Easily share results with dashboards, scorecards, and configurable KPIs.
    • Analyze real-time data in a familiar spreadsheet interface.
    • Access reports and dashboards on any device.

    Consolidate and close in real time.

    • Support ownership scenarios, such as investment in a subsidiary, non-controlling interest activity, and equity pickup.
    • Reconcile and certify account balances without moving data.
    • Consolidate results from non-Workday systems for a full view of your operations.

    Better control your cash flow.

    • Manage payments with one settlement engine.
    • Track and manage your bank accounts, including bank signatories, activity, fees, and cash position.
    • Automatically reconcile bank statements.
    • Accurately forecast cash flow using embedded analytics.

    Manage all assets, from acquisition to disposal.

    • Create multiple asset books to meet different accounting standards.
    • Define, track, and account for tangible, intangible, and composite assets.
    • Assign items to workers to prevent cost leakage and security risks.
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