What is Workday Financial Management? What are the Key features and benefits of Workday Financial Management? In Today’s market businesses are increasing globally and changing rapidly. A lot of Finance organizations are facing a lot of pressure to go beyond...
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What is Workday Financial Management? What are the Key features and benefits of Workday Financial Management? In Today’s market businesses are increasing globally and changing rapidly. A lot of Finance organizations are facing a lot of pressure to go beyond in managing to account. They have to manage accounting, cash, assets, and projects, and complete processes such as consolidate to close, contract to cash, procure to pay, projects, and planning. This is to support global growth, achieve profitability, and provide strategic direction, as well as meet the complex and stiff demands for compliance and regulatory oversight. These core functions across multiple and disparate systems are addressed by the traditional solutions which are making challenges to deliver insights to frontline managers and impossible to assess performance in real-time and also to plan for the future. By using in-memory and an object data model, Workday has delivered a single system that supports transaction proces
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