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Previous AND THE FINANCE INDUSTRY Read on to discover how Workday can elevate your experience with strategic insights and efficiency, revolutionizing the finance industry. EXPLORE MORE THE WORKDAY ADVANTAGE: BANKING ON BRILLIANCE Discover how Workday is your ultimate financial ally, depositing innovative features that amplify collaboration and streamline processes. Explore the core features of Workday that empower finance professionals. READ MORE NAVIGATING FINANCIAL RAPIDS: DODGING DIME-A-DOZEN CHALLENGES Discover how Workday is your ultimate financial ally, depositing innovative features that amplify collaboration and streamline processes. Explore the core features of Workday that empower finance professionals.Sail through common financial challenges as Workday's solutions become your financial lifebuoy, rescuing you from the treacherous seas of uncertainty. READ MORE UNLOCKING PEAK PRODUCTIVITY: WORKDAY'S PRODUCTIVE POWERHOUSE Uncover the secrets to maximizing Workday for all it's worth, cultivating productivity that pays dividends in time savings and streamlined workflows. Discover time-saving tips and techniques to streamline financial workflows. READ MORE STRATEGIC AI & ML INSIGHTS JACKPOT: WHERE DATA BECOMES YOUR GOLDEN GOOSE Turn data into a treasure trove of insights with Workday's AI & ML powered analytics, making informed decisions that transform your financial future. Harness data-driven insights to make informed strategic decisions. READ MORE INNOVATION IN FINANCE: WORKDAY'S GOLD RUSH Join the innovation frenzy as Workday leads the charge in prospecting the latest financial technologies and trends shaping the future of finance. Learn about cutting-edge technologies and trends shaping the future of finance. READ MORE SHOW ME THE MONEY: CASE STUDIES AND SUCCESS STORIES Celebrate the moments of triumph as we present real-world success stories, illustrating how organizations have struck gold and hit the jackpot by revolutionizing their finance operations with the transformative power of Workday. Extract valuable lessons and inspiration from their success stories. READ MORE Explore Sales Play Customer Spotlight Buyer Personas EXPLORE INDUSTRY CHALLENGES WITH BILLABLE ALLOCATIONS AND RECOVERY INCREASING REGULATORY DEMANDS BOTH BANKING AND INVESTMENT BACK TO EXPLORE CUSTOMER SPOTLIGHT Cushman Wakefield bills clients for building services, at over 7 million transactions per year worth over $1.5 billion in revenue. Previously, manual work involved in tracking billable services led to errors on invoices to customers and significant employee time to correct invoices and ensure financial statements were accurate. With Workday Extend, Cushman Wakefield develop an app to reclassify journal entries within Workday, reducing manual data entry and creating a more efficient process. LEARN MORE BUYER PERSONAS Please click to see the details CONTROLLERSHIP / ACCOUNTING CAO / CONTROLLER LEARN MORE REIMBURSEMENT / EXPENSE COORDINATOR LEARN MORE INFORMATION TECHNOLOGY CIO / CTO LEARN MORE BACK TO SALES PLAY DASHBOARD CUSTOMER SPOTLIGHT * Cushman Wakefield bills clients for building services, at over 7 million transactions per year worth over $1.5 billion in revenue. * Previously, manual work involved in tracking billable services led to errors on invoices to customers and significant employee time to correct invoices and ensure financial statements were accurate. * With Workday Extend, Cushman Wakefield develop an app to reclassify journal entries within Workday, reducing manual data entry and creating a more efficient process. GALLERY DESCRIPTION BACK TO SALES PLAY DASHBOARD CONTROLLERSHIP / ACCOUNTING CAO / CONTROLLER WHAT THEY CARE ABOUT PAIN POINTS * Compliance risks related to misallocating and billing expenses * Time to recover outstanding payables * Reliance on manual effort HOW WE CAN HELP WORKDAY USE CASES * Increase transparency in the process for better auditability and compliance support * Decrease working capital investment and redeploy cash in more advantageous ways WHERE TO DIG DEEPER DISCOVERY QUESTIONS * Impact this has on cash flow and capital management? * How manual is your existing process? do you use a vendor solution? * Does your existing process break down and cause manual effort or misbilling? * What is your cadence of billing today and what would be ideal? BACK TO SALES PLAY DASHBOARD REIMBURSEMENT / EXPENSE COORDINATOR WHAT THEY CARE ABOUT PAIN POINTS * Driving accuracy for high visibility process * Ensuring expenses are properly assigned and allocated * Satisfying multiple constituents (PMs) HOW WE CAN HELP WORKDAY USE CASES * Increase transparency of expense methodology to fund controllers * Better ability to manage and track the entire process * Automate the process to decrease time spent and increase productivity WHERE TO DIG DEEPER DISCOVERY QUESTIONS * Number of funds managed is a great way to quantify the business size and complexity of the problem * Any exceptions that need to be managed within the process * Understand supporting systems that provide inputs to allocations BACK TO SALES PLAY DASHBOARD INFORMATION TECHNOLOGY CIO/CTO WHAT THEY CARE ABOUT PAIN POINTS * Integrating applicable systems and ongoing maintenance * What expertise is required from them? What do support models look like for companies like us HOW WE CAN HELP WORKDAY USE CASES * Wide variety of 3rd party application support options * A systems that empowers business users and decreases IT pressure WHERE TO DIG DEEPER DISCOVERY QUESTIONS * How involved is IT in the process, if at all? * What systems are in play? * Current integration strategy? BACK TO EXPLORE CUSTOMER SPOTLIGHT Reorganized Controllership, FP& A & LOB Operating Model and achieved a centralized finance functions Automated 40% of SOX Controls Consolidated 18,00 Cost Centers down to 1,300 LEARN MORE BUYER PERSONAS Please click to see the details CONTROLLERSHIP / ACCOUNTING CAO / CONTROLLER LEARN MORE REIMBURSEMENT / EXPENSE COORDINATOR LEARN MORE INFORMATION TECHNOLOGY CIO / CTO LEARN MORE BACK TO SALES PLAY DASHBOARD CUSTOMER SPOTLIGHT * Reorganized Controllership, FP& A & LOB Operating Model and achieved a centralized finance functions * Automated 40% of SOX Controls * Consolidated 18,00 Cost Centers down to 1,300 GALLERY DESCRIPTION BACK TO SALES PLAY DASHBOARD CONTROLLERSHIP / ACCOUNTING CAO / CONTROLLER WHAT THEY CARE ABOUT PAIN POINTS * How non-chartfields can be added/kept on accounting transactions to support reporting * Data movements between financial systems (GL & last mile) HOW WE CAN HELP WORKDAY USE CASES * Data lineage from GL balances into operational systems * User defined/editable calculations to ensure adherence to processes * Predefined integrations between GL and downstream systems WHERE TO DIG DEEPER DISCOVERY QUESTIONS * Understand the different sources used to meet reg reporting requirements * Specific challenges with timing of data availability and reconciliations * Track material changes to their internal and external audit (MTM) support costs. BACK TO SALES PLAY DASHBOARD REIMBURSEMENT / EXPENSE COORDINATOR WHAT THEY CARE ABOUT PAIN POINTS * Availability of drill through to transactional data * Standard metrics HOW WE CAN HELP WORKDAY USE CASES * Data lineage from GL balances into operational systems * User defined/editable calculations to ensure adherence to processes * Linking reporting tools to MS Office products to standardize reports WHERE TO DIG DEEPER DISCOVERY QUESTIONS * N/A BACK TO SALES PLAY DASHBOARD INFORMATION TECHNOLOGY CIO/CTO WHAT THEY CARE ABOUT PAIN POINTS * Pre-delivered integrations to downstream/last mile reporting systems * Data latency HOW WE CAN HELP WORKDAY USE CASES * Pre Delivered connectors * High volume extract capabilities * APIs between GL and data lakes/repositories WHERE TO DIG DEEPER DISCOVERY QUESTIONS * Understand the different sources used to meet reg reporting requirements * Specific challenges with timing of data availability and reconciliations BACK TO EXPLORE CUSTOMER SPOTLIGHT BUYER PERSONAS Please click to see the details CHRO CHRO LEARN MORE BACK TO SALES PLAY DASHBOARD CHRO CHRO WHAT THEY CARE ABOUT PAIN POINTS * In the face of intense industry competition for top talent, it must build a compelling value proposition aligned to employee sentiment in order to attract and retain talent * Banking and Investment Management is highly regulated; risk management & compliance are onerous; ESG & DEI imperatives require reliable, flexible and actionable analytics to avoid breaches, legal action and reputation risk HOW WE CAN HELP WORKDAY USE CASES * With real-time insights encompassing the entire employee life cycle from talent acquisition to employee retention, community banks can align employees' capabilities with its goals and to recognize contributions equitably. * Gain insight in workforce issues in advance, allowing management to prepare, take corrective action, and work with their teams on succession plans. * Reduce risk, audit effort and expense with role-based security and always on audit to ensure data is traceable and reporting robust. WHERE TO DIG DEEPER DISCOVERY QUESTIONS * Compare their cost of ownership to industry standard * Talent gaps and discuss how Workday attracts talents GET READY TO TURN FINANCIAL CHALLENGES INTO GOLDEN OPPORTUNITIES With Workday's Midas touch, your company’s journey becomes a golden opportunity to revolutionize the finance industry. Seize this opportunity with further assistance and consultation. CONTACT US Next THE WORKDAY ADVANTAGE: BANKING ON BRILLIANCE NAVIGATING FINANCIAL RAPIDS: DODGING DIME-A-DOZEN CHALLENGES UNLOCKING PEAK PRODUCTIVITY: WORKDAY'S PRODUCTIVE POWERHOUSE STRATEGIC AI & ML INSIGHTS JACKPOT: WHERE DATA BECOMES YOUR GOLDEN GOOSE INNOVATION IN FINANCE: WORKDAY'S GOLD RUSH SHOW ME THE MONEY: CASE STUDIES AND SUCCESS STORIES SALES PLAY 1: ADDRESS INDUSTRY CHALLENGES WITH BILLABLE ALLOCATIONS AND RECOVERY GET RADY CONTACT US