Data—you have tons of it, but are you making the most of it?
View this slide deck with KPMG and Coleman Worldwide to learn how you can take control of your data with Workday to safeguard the bottom line and understand opportunities for finance and IT to partner.
4. 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 Statement
5. Allen Narkiewicz
Partner, National Leader
Finance Transformation
KPMG
Alex Chance
Senior Solutions Architect
Coleman Worldwide Moving
Phil Rohrer
Senior Solution Consultant
Workday
6. of finance executives say that the
volume of data collected and
used by the finance team has
increased significantly over the
past two years.
90%
Source: Harvard Business Review, ”Finance’s Key Role in Building the Data-driven
Enterprise”, June 2021.
Workday Confidential
7. #1
McKinsey & Company – Global Data Transformation Survey
Finance ranks as #1 for the
amount of time spent on
non-value-added tasks
because of poor data
quality and availability.
8. Data and Analytics Tops Finance’s Digital Agenda
82%
`
85%
85%
…expect to spend more
time on advanced data
analytics technologies
and tools in finance
Controllers
Heads of FP&A
Source: Gartner 2021 CFOs, Controllers & Head of FP&As Priorities Survey
CFOs
9. Agenda
01 Analytics and Finance Digital
Transformation
02 Learnings from Coleman Worldwide
Moving
03 Demo: Workday’s Intelligent Data
Foundation
04 Q&A
16. Company Information
Workday Products
Company Highlight
• HQ: Midland City, AL
• Employee Size: 2,100
• Industry: Transportation
Recognized by Newsweek as One of America’s
Best Customer Service Providers for 2021
Core Financials, Adaptive Planning, Prism Analytics, HCM, Payroll,
Benefits, Recruiting, Expenses, Extend, Procurement, Inventory,
Absence Management, Succession Planning, Learning
18. Prism Analytics Use Cases
Bringing data together from
across the organization
1. General manager dashboard
2. Driver P&L
3. External invoice matching
21. Audience:
Business User,
Finance User
P&L By Driver
Data Sources:
Workday
MoveStar
Fleetio
EFS Fleet Payment
System
Are my drivers profitable?
By individual drivers, by driver types
Should I approve a pay advance for a driver?
25. Workday Intelligent Data Foundation
Transactional Data Planning Data
Operational Data Benchmark Data
26. +% -%
Operational
Insight
P&L
Plan vs. Actual
Forecast
A Look Inside the Intelligent Data Foundation
Operational &
Benchmark Data
Accounting
Engine
Create Trusted
Insights
Ingest and
Enrich Data
P&L
General
Ledger
Operational
Insights
+% -%
Operational
Insight
Data mapping
Anomaly Detection
Recommendations
Matches
Predictions
Guidance
Plan vs. Actual
Modeling &
Forecasting Forecast
28. Accounting Rules
Engine
Business Process
Orchestration
Always on Audit
Data Transformation and Enrichment
Data Lineage and Error Handling with Drill Back
Claims
Commissions
Policies
DEBITS CREDITS
Ingest
Operational Data
Enrich
Data
Create
Accounting
Surface
Reportable Insights
Policy
Region
Customer
Retention
Policy
Type
Car
Make
30. Enterprise Wide Insight
VP FP&A
Deeper insight into
business drivers
One data set for
variance analysis
Controller
Greater system
ownership and agility
One system for
all accounting
Internal Auditor
Always on audit
Business process
orchestration
IT
Reduce cost of system
ownership
Redirect focus to
front office applications
31. 1 Insights powered by one analytic engine
Native dimensionality supports more meaningful
analysis of financial results
Data enriched and transformed into accounting
2
3
DEMO HIGHLIGHTS
Teresa Serrano
Corporate Controller
33. ● Insights powered by one analytic engine
● Data enriched and transformed into accounting
● Designed for and managed by accounting and finance
WHAT YOU SAW
CUSTOMER PROOF POINT
“We’ve been able to retire our custom legacy
solution, simplify our processes, and improve
financial reporting and analysis, data lineage,
flexibility, and scalability.”
- Bharat Shahdadpuri, AVP, Workday Finance & Data Management, CNA
DEMO RECAP
Teresa Serrano
Corporate Controller
34. • Financial and operational data combined
delivers richer, relevant insight
• More standardization and simplification in
data and processes allows more focus on
analysis.
• New mindset and skillset necessary for
successful Finance transformation.
Key Takeaways
35. Thank you for joining us!
Join us in these upcoming sessions:
Workday Confidential
July 13, 2021
Tuesday 10 AM PT
Future Proof Your Contracts for
2021 and Beyond
July 15, 2021
Thursday 10 AM PT
Partnering with Workday on Your
Skills Transformation Journey
July 29, 2021
Thursday 10 AM PT
Managing the Complexities of a
Return to the Workplace
August 3, 2021
Tuesday 10 AM PT
Enabling Self-Service Analytics
for Finance and Business
Leaders
July 22, 2021
Unleash Your Data while
Ensuring Governance and
Security: Reporting, Prism and
Productivity
Thursday 10 AM PT
August 10, 2021
Tuesday 10 AM PT
Building Resilience and
Sustainability through an ESG
Reporting Program with
Accenture and Workday