Nothing Short of Revolutionary: Four Steps Toward More Effective Enterprise Finance


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Source: Workday
Date: March 2008
Type: White Paper
Rating: (0)

Overview: Enterprise resource planning (ERP) as we know it is over 25 years old. In the decades since its emergence, almost everything about business, and business technology, has changed, except:

• The core functional and technical designs of ERP
• The financial systems that come with it.

Yet from an operational perspective, today's chief financial officers (CFOs) are expected to transform their organizations from transaction processors to strategic business advisors. All of this begs a very simple but important question:

If you knew what you know today before you designed your finance system, would you do it differently?

This white paper is the story of a revolutionary approach to enterprise accounting and finance systems. It explains how Workday has built a financial management solution that is relevant to today's challenges and opportunities and the extraordinary benefits that CFOs and their companies can realize by considering Workday as an alternative to traditional ERP/financial software products.

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