Finance Edition

We have so many exciting updates that came out of Workday Rising, and I want to ensure that each of you are up-to-speed on exactly where and how we are innovating our financial tools.

A majority of those highlights including those below were covered in our Innovation Keynote which you can access here (recommend starting at the 59 minute mark) and within the Rising portal (just register for a free pass to access).

  1. Receipt Scanning in Workday Expenses - creating a digital assistant to take in your travel receipts, scan them and map them to your expense reports with the correct amounts and tags

  2. Simplifying Report Authoring - Expanding how data can be accessed via OfficeConnect, adding business views to better blend data from sources, reduced time to create composite reporting by 30% which allows your team to better curate and distribute that data

  3. Predictive Forecasting - prepare a plan automatically by bringing in external data, identify anomalies, and compare to identify biases

  4. Generative AI Contract Analysis - system alerts your team of the discrepancy between internal transaction and physical contract which then prompts you to review it in a side by side format, recommends a resolution and then kick offs the appropriate approval process to resolve

Workday Rising Recap

Q3 Highlights

Expenses Customers

1,750+

1,600+

Financial Management Customers

1,300+

Procurement Customers

Workday Customer Sharing Movement Blog?

Have you heard of the

In short, it’s a place where customers can share insights, trips and tricks, network and help each other find new success as a Workday user. The user driven content is top notch - for example, this 2 min read on Workday Discovery Boards - and anyone can hop in and join the movement.

Christian’s Picks

My Top Events for October

with MIT

Certificate Program

We’re teaming up with MIT Sloan Management Review Connections to offer a new learning series to help finance leaders navigate an AI-enabled business environment. Enroll now to learn from experts at MIT, Stanford, Deloitte, and more..

Finance Learning Series

A New Age of Zero-Based Budgeting

Tuesday, October 10

Zero-Based Budgeting (ZBB) offers a fresh perspective on routine budgeting procedures and proves to be a valuable exercise for your entire FP&A team. It provides insights into key business drivers, fosters a culture of collaboration and value creation, and supports agile FP&A practices. Additionally, ZBB principles can be extended to the broader FP&A process, known as Zero-Based FP&A.

The FP&A Trends Webinar:

Thursday, October 19

There is so much excitement from Rising around the innovation that has been added to Workday Expenses that we are having a session solely dedicated to it later this month.

Simplifying Expense Management

Upcoming In-Person Events!

Get ready for a number of fun, Fall events coming to your local market.

Your Workday Texas account teams are planning events in Houston, Dallas and Austin! We will have invites out for our Dallas event this week.

Thanks for reading,

Christian

Let’s keep in touch!