What Is Workday Financial Management?
Overview
Workday is a cloud-based software that provides organizations with core financial management capabilities. The platform offers a unified accounting, consolidation, procurement, projects, reporting, and analytics system. It uses intelligent automation and machine learning to streamline processes, enabling the finance team to focus on strategic tasks.
The software helps businesses streamline their financial processes, providing real-time business insights, improving efficiency, and enhancing control. Workday Financial Management aids in planning cost strategies, managing expenditure variability, tracking departmental spending, and automating invoices.
What Is Workday Financial Management Best For?
Workday Financial software is known for its unique features, in-memory and object data model. It supports transaction processing, multidimensional reporting, consolidation, planning, and compliance.
Workday Financial Management Pricing
Workday Financial Management Integrations
The software integrates with Salesforce CRM.
How Does Workday Financial Management Work?
Here is how you can proceed with the software:
- Log in with your credentials to access the dashboard
- Navigate the intuitive user interface
- Access the dashboard to instantly see critical information
- Monitor financial spending versus budget
- Track progress toward monthly and quarterly cash collection goals
- Use the portal to streamline and optimize financial operations
- Utilize real-time financial analytics software for decision-making
- Drill down into data across multiple dimensions in real time
Who Is Workday Financial Management For?
Workday Financial Management is designed for businesses of varying sizes, including medium-sized to large enterprises. It caters to several industries, such as:
- Finance
- Healthcare
- Education
- Retail
- Information technology
Is Workday Financial Management Right For You?
Are you looking for a cloud-based financial management solution that goes beyond managing financial processes to achieve greater insight and improve financial consolidation? If so, Workday Financial Management might be the perfect choice for your organization.
The software is built on an adaptive, global foundation that provides organizations with the core financial management capabilities expected from an agile cloud solution. It ensures the security and compliance of your financial data and processes, making it a scalable solution that can grow with your business.
Still unsure if Workday Financial Management is right for you? Contact our customer support team at 661-384-7070, who will help you make the best decision.