Workday Financial Management is available as a SaaS solution that requires no additional hardware.
Workday works with multinational, enterprise and mid-sized companies.
Chiquita, MGM Resorts, Netflix, The Ohio State University, TomTom
Workday Financial Management is a financial management software solution that provides actionable intelligence to users who have to make strategic monetary decisions. As invoices get paid and users collect money from customers, the program provides full visibility over all cash flow. Users can then maintain all bank accounts and reconcile statements at any given point.
During the financial planning process, the system can build out financial forecasts and factors in all expense and sales data. Users can additionally compile personal expense reports, and the product can track progress for ongoing projects. Lastly, Workday Financial Management can set controls and workflow approvals for all company procurement.
Workday was established in 2005 by PeopleSoft founder Dave Duffield and Vice Chairman Aneel Bhusri. Headquartered in Pleasanton, Calif., Workday operates out of 16 offices on four continents. Workday provides cloud-based enterprise solutions in three primary segments— human capital management, financial management and payroll—affording enhanced agility and reduced costs when compared to traditional on-premise ERP systems.