When it comes to navigating digital transformation within finance, no two organizations or industries are alike.
View this slide deck to learn how Workday and Deloitte are partnering to provide customers across industries with a perfect path forward, and can help you set a clear strategy for your journey.
2. Accelerating your Digital Finance
Transformation Journey with Deloitte & Workday
Looking Forward with Workday is a webinar series designed to give you insight
into how your organization can do more with Workday. This series will share how we
support how you manage your people and your business. Topics will include solution
strategies and roadmaps, specific use cases, live demos, and customer stories.
3. This presentation may contain forward-looking statements for which there are risks, uncertainties, and
assumptions. If the risks materialize or assumptions prove incorrect, Workday’s business results and directions
could differ materially from results implied by the forward-looking statements. Forward-looking statements include
any statements regarding strategies or plans for future operations; any statements concerning new features,
enhancements or upgrades to our existing applications or plans for future applications; and any statements of
belief. Further information on risks that could affect Workday’s results is included in our filings with the Securities
and Exchange Commission which are available on the Workday investor relations
webpage: www.workday.com/company/investor_relations.php
Workday assumes no obligation for and does not intend to update any forward-looking statements. Any
unreleased services, features, functionality or enhancements referenced in any Workday document, roadmap,
blog, our website, press release or public statement that are not currently available are subject to change at
Workday’s discretion and may not be delivered as planned or at all.
Customers who purchase Workday, Inc. services should make their purchase decisions upon services, features,
and functions that are currently available.
Safe Harbor
10. Workday for the Office of the CFO
Record
to Report
General Ledger
Global Consolidations
Financial Statements
Cash Management
Asset Management
Contract
to Cash
Contracts
Billing
Revenue Recognition
Receivables
Collections
Report to
Forecast
OPEX / CAPEX
Headcount
Top Line / Revenue
Operational KPIs
Board / Mgmt Reporting
Expense to
Reimburse
Expense Reports
Mobile Expenses
Spend Authorization
Settlements
Staff to
Deliver
Project Management
Resource Management
Project Financials
Project Billing
Labor Costing
Procure
to Pay
Requisitions / POs
Receiving
Payables
Inventory
Sourcing & Auctions
Requisitions and POs
Receiving
Payables
Supplier Management
Inventory
Source
to Pay
Controller Auditor Treasurer FP&A
Payroll Procurement
Productivity
to Pay
US Payroll
UK Payroll
France Payroll
Canada Payroll
Global Payroll Cloud
Settlements
14. Transform – Your Path, Your Pace
Global ERP
Rationalization of all ERPs,
Localizations, All Modules
Finance
Transformation
15. Use Case: Global, Full Transformation
Workday Confidential
Global Real Estate
and Finance Firm
• 16,000 employees / $8.8B Rev
• 40+ countries
• Multiple ERP and HCM systems
• Manual, global consolidations
• Multiple, non-standardized data models
• Non-standardized processes
• No global view of revenue by LOB nor by
global client
* Merger during project – all adopted Workday Platform
Path
• Full Workday Platform; HCM & FINs
• Global Big Bang Approach
• Corporate and Subsidiaries
• 14 Months
• Visibility to global client profitability
• Standardized, global common data
model and processes
• Visibility to global spend
• Global corporate layer for mgmt of cash
and intercompany
• Global consolidations
• Global policy monitoring (procurement)
CRM and Global Payroll
16. Transform – Your Path, Your Pace
Regional ERP with
Corp Finance Layer
GL, Procurement, Projects,
Assets, Treasury Global ERP
Rationalization of all ERPs,
Localizations, All Modules
Finance
Transformation
17. Use Case: ERP with Corporate Finance Layer
Workday Confidential
Global Credit
Management
Company
• 8,300 employees / $1.4B Rev
• 40+ countries
• Multiple legacy ERP Systems
• Already on Workday HCM
• Multiple, non-standardized data models
• Non-standardized processes
• No global view of revenue or spend
• Subsidiaries with specialized ERP needs
Path
• Pre-work to align FINs with HCM on
crossover areas
• Some subsidiaries remained on
legacy ERPs for local compliance
• Established a common, global data
model for all ERPs
• Consolidations and performance
management at corporate Layer
• Planning (Adaptive)
• Procurement
• Future options for Corporate Finance Layer
• Prism Analytics
• Accounting Center
• Global intercompany
ERP 2
ERP 1
18. Transform – Your Path, Your Pace
Regional ERP with
Corp Finance Layer
GL, Procurement, Projects,
Assets, Treasury Global ERP
Rationalization of all ERPs,
Localizations, All Modules
Finance
Transformation
Spin Off - ERP
Global Financial Reporting,
ERP Processing, Procurement,
Transfer Pricing
Planning
Finance, Workforce &
Operational Forecasting
Procurement
Spend Controls & Analysis
19. Use Case: Spin Off / Merger with Corporate Finance Layer
Workday Confidential
Global Asset
Management
Company
• 1,700 employees / $346B AUM
• 10+ countries
• Spin off from global parent
• Post spin off; merged with several
firms European and APAC based
• Non-standard data models & processes
from different businesses
• No global view of revenue & margin by
asset class or portfolio
Path
• Visibility to global asset profitability
• Standardized, global common data
model and processes
• Global control of transfer pricing
• Global corporate layer consolidations across multiple
ERPs including Workday
• Global policy enforcement – adoption of procurement
• Global planning
Corporate
Finance
ERP 2
ERP 1 ERP 1
Mergers
Spin Off
20. • Faster and shorter cycles times
requires finance to operate with greater
agility.
• More standardization and simplification
in data and processes leads to more
focus on analysis.
• New ways of working require a shift in
your workforce to enable talent to
operate more effectively.
Key Takeaways
22. Thank you for joining us!
Join us in these upcoming sessions:
Workday Confidential
April 6, 2021
Tuesday 10 AM PT
Achieving Supplier Management
Excellence for Supply Chain
Resiliency
April 22, 2021
Thursday 10 AM PT
Unlock New Value from your
Workday Investment: Discover
the Power of Workday Extend
On Demand
Connecting Insight and Action with
Deloitte & Workday Analytics
April 13, 2021
Tuesday 10 AM PT
OpEx, Revenue, Projects: Hitting
Your Targets is about Planning
your People
Transforming the Office of Procurement
from Reactive to Strategic
Continuous Planning to Execution:
Customer Spotlight on Lineage Logistics
Why Investing in Digital Technologies Now
Can Radically Change Your Business
Accounting on the Rise: Greater Control,
Better Data and Reporting at FHLB Dallas