The Data-enabled Finance Function

Enterprise resource planning systems used over the last 20 years have been rendered obsolete by the recent rise of big data and analytics. Now, finance leaders must build insights from a broad range of metrics relating to employee well-being, operational and ESG data from across their business, as well as producing strategic insights for cross-functional stakeholders. This Workday report explores the importance of the finance department having an adaptable and configurable platform that can allow it to report in the most effective way possible.

Key takeaways include:

• The benefits of an intelligent data core for the CFO and how this brings deeper insights for their teams
• Having a configurable and adaptable platform allows IT to take the lead on enabling cross-system integration, while finance can configure business processes, finance structures, unique views of data or new experiences