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Salesforce Announces Expansion in Workday Financial Management

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To Support continued global growth, World-Famous Cloud-based Software Company Salesforce has announced to extend its use of Workday. The Company has chosen Workday Accounting Center, Workday Financial Management, Workday Adaptive Planning, Workday Prism Analytics, etc. 

What is Workday?

Workday is a foremost provider of enterprise cloud applications for finance and human resources, enabling customers to succeed in a changing world. Workday helps in human resources planning, financial management, spend management, and analytics applications. It has been embraced by thousands of organizations worldwide and across industries. Whether it is medium-sized companies or Fortune 500, it has changed how everyone works. 

What to expect?

In Fiscal Year 2022, With the help of technology from Salesforce, Businesses have witnessed revenue growth of 25%, which benefits companies by digitally transforming their relationships with clients and employees and driving more efficiency and cooperation.

As the Company continues to develop globally and support its workforce, Salesforce uses this same technology-driven approach with its own finance and constant HR transformation strategies.

With Workday Enterprise Management Cloud, Salesforce will be able to manage HR, finance, and operational data in one flexible system, providing more significant insights, agility, and enriching employee experiences.

Apart from it, you can expect

  • A smart data core combines finance and HR insights to assist in decision-making.
  • The capability to respond to developing market conditions, multiple model scenarios, and modify plans.
  • Simplifying the procurement process with a practical approach to spending and suppliers.
  • The analytical foundation to consume and transform high volumes of functional activity into journal entries.
  • Continuous insights into its workforce, including talent requirements and management.

Comments on the News

Faye Olson, Who is Senior VP of Business Technology, Enterprise Enablement, and Salesforce, said that they had seen a first-hand opportunity for cloud technologies in assisting their customers to drive better relationships with them. They use the same mindset in their own technology strategy – focusing on innovative solutions that create an agile foundation for them to adapt and grow. Workday’s financial management and HR solutions deliver a single system to create collaborative opportunities for their finance and HR organizations.

Also, Doug Robinson, Co-President of Workday, stated that As innovators in the cloud, both Salesforce and Workday comprehend the value of technology in pushing digital transformation as organizations adapt to keep pace in today’s dynamic atmosphere. Salesforce’s extended usage of Workday to include financial management underlines the complete digital backbone’s capacity to navigate change and bring finance and HR insights together to propel growth.

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