Being a Chief Financial Officer means more than simply having an advanced knowledge of accounting and financial concepts. They are responsible for internal and external financial reporting, stewardship of a company's assets, and ownership of cash management. Increasingly, the role is more forward-looking and incorporates strategy and business partnership.
Overall, many organizations struggle with reporting and data tracking in their legacy systems, and our story is no different than many other mid-sized growth companies. Over the past 10 years, we implemented a myriad of systems to meet the specific needs of our organization at that point in time. These solutions worked for a while, but as we have grown, they began to hold us back. We needed to evolve from our current processes and migrate them into one system.
Throughout this guidebook, our CFO shares their specific challenges and how Workday is going to solve them with one integrated system, including:
- Internal and external financial reporting needs
- Optimizing procurement
- Inefficient banking and settlement processes
Click the image below to view our guidebook “Learning from Our Journey: 3 Ways that CFOs can Benefit from Workday”