Workday Planning Redefines Spreadsheets for the Enterprise and Fosters More Collaborative, Continuous Planning to Drive Better Business Outcomes
PLEASANTON, CA--(Marketwired - Sep 27, 2016) - WORKDAY RISING -- Workday, Inc. (
A Unified Planning System Built for Change
The world of financial and workforce planning today is disjointed, with data residing across multiple systems and silos of spreadsheets that require finance, HR, and business leaders to spend considerable time on manual calculations to ensure data integrity, rather than analysis and driving business outcomes.
To support the faster pace of business -- whether it's mergers and acquisitions, adopting new business models, or global expansion -- organizations need to be able to make in-the-moment decisions about the future.
In response to market and customer challenges, Workday is delivering a new approach to enterprise planning that enables customers to:
Workday Planning enables customers to take advantage of these benefits to evaluate the impact of investments, growth, and expansion strategies on the business in one system. For example, customers can use Workday Planning to:
Comments on the News
"Workday Planning has been a top request from our customers and we're delivering on our promise to build an innovative planning system that works seamlessly with their existing Workday data," said Mike Frandsen, executive vice president, products, support, and delivery, Workday. "With Workday Planning, customers -- for the first time -- will have a unified, collaborative, and continuous view of their business so they can make real-time decisions regarding their organization's future, and ultimately drive performance."
"In today's fast-paced, high growth business environment, organizations are increasingly adopting cloud-based financial applications that enable them to quickly analyze data and make real-time strategic decisions," said Mickey North Rizza, program vice president, Enterprise Applications and Digital Commerce, IDC. "In the case of enterprise planning, organizations are looking to evolve spreadsheet-driven processes in order to run their businesses more efficiently and better utilize resources. With Workday Planning, organizations will be able to leverage a new spreadsheet experience in the cloud, enabling a more collaborative and continuous approach to planning and in-the-moment strategic decision making."
"Utilizing Workday's unified finance and HR system has helped us continually scale our global business, which is why it was important to be part of shaping a new approach to enterprise planning that further aligns our finances and people," said Riaan du Preez, director, finance and HR applications, Netflix. "We anticipate Workday Planning will extend the benefits of Workday, helping us improve consistency of data throughout the planning process and analysis of actuals versus forecasts."
About Workday
Workday is a leading provider of enterprise cloud applications for finance and human resources. Founded in 2005, Workday delivers human capital management, financial management, and analytics applications designed for the world's largest companies, educational institutions, and government agencies. More than 1,000 organizations, ranging from medium-sized businesses to Fortune 50 enterprises, have selected Workday.
Forward-Looking Statements
This press release contains forward-looking statements including, among other things, statements regarding the expected performance and benefits of Workday's offerings. The words "believe," "may," "will," "plan," "expect," and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and assumptions. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission (SEC), including our Form 10-Q for the quarter ended July 31, 2016 and our future reports that we may file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.
Any unreleased services, features, or functions referenced in this document, our website, or other press releases or public statements 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 based upon services, features, and functions that are currently available.
© 2016. Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=3060502
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=3060505
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=3060508
Media Contact
Nina Oestlien
Workday
+1 (415) 432-3041
[email protected]
We use cookies to tailor your experience, measure site performance and present relevant offers and advertisements. By clicking ‘Accept’ or any content on this site, you agree that cookies can be placed on your browser. You can view our privacy policy to learn more.
If you would like to get more data, alerts and access to Real Vision videos, join us as an Insider Tracking Advantage Ultra member