Workday’s Four Step Framework for Digital Finance Acceleration

Today CFOs need to be the driver of value creation and understand the role that technology plays in enabling agility and growth.

CFOs know there’s a critical need to replace outdated ERP applications with fully integrated finance systems that enable real-time analysis and action. In order to accomplish this, they are investing in the acceleration of digital finance, which is helping them outpace the competition. As they embark on these finance transformation efforts, CFOs are discovering that they must focus on removing friction from finance processes, while delivering stronger operational controls and deeper insights.

In CIMA’s 2021 European Strategy & Innovation Conference keynote from Barbara Larson, senior vice president of accounting, tax, and treasury, she shares Workday’s four-step approach to digital finance acceleration:

1) Use a design thinking approach that optimizes the experience for internal and external stakeholders 08:18
2) Put insight at the core of everything 14:24
3) Foster close collaboration with IT and the business 19:00
4) Embrace continuous learning, innovation and finance automation 23:18

Watch the video and walk away with actionable strategies to create a change-ready finance function built to capitalize on digital acceleration.

#Workday #DigitalAcceleration #FinanceAutomation

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