WorkDay-surviving and thriving in a world of change
-
Upload
satya-harish -
Category
Technology
-
view
147 -
download
2
Transcript of WorkDay-surviving and thriving in a world of change
![Page 1: WorkDay-surviving and thriving in a world of change](https://reader033.fdocuments.us/reader033/viewer/2022051521/586fa4a81a28abcc238b7a67/html5/thumbnails/1.jpg)
The Burning Platform for Finance
Surviving & Thriving in a World of Change
![Page 2: WorkDay-surviving and thriving in a world of change](https://reader033.fdocuments.us/reader033/viewer/2022051521/586fa4a81a28abcc238b7a67/html5/thumbnails/2.jpg)
Today’s Presenters
Russ Banham Contributing Editor
CFO Publishing
#WDAY @workday
Raphael Bres VP, Financials Product
Strategy, Workday
Noel Watson Controller
TripAdvisor
![Page 3: WorkDay-surviving and thriving in a world of change](https://reader033.fdocuments.us/reader033/viewer/2022051521/586fa4a81a28abcc238b7a67/html5/thumbnails/3.jpg)
Who We Are
We exist to help people around the world plan and have the
perfect trip on any budget
![Page 4: WorkDay-surviving and thriving in a world of change](https://reader033.fdocuments.us/reader033/viewer/2022051521/586fa4a81a28abcc238b7a67/html5/thumbnails/4.jpg)
Company Facts
NASDAQ: TRIP
Founded in 2000
Spun-off of from Expedia 2011
Largest travel site in the world*: – Operate in 30 countries and 21 languages
– 1,500 employees
Social travel planning as key
differentiator: – 57 Million unique monthly visitors
– 36 Million marketable members
– 75 Million (and growing) reviews and opinions
– 60 new contributions every minute
*comScore Media Metrix for TripAdvisor branded sites, Worldwide, May 2012
![Page 5: WorkDay-surviving and thriving in a world of change](https://reader033.fdocuments.us/reader033/viewer/2022051521/586fa4a81a28abcc238b7a67/html5/thumbnails/5.jpg)
TripAdvisor, Inc. Brands
![Page 6: WorkDay-surviving and thriving in a world of change](https://reader033.fdocuments.us/reader033/viewer/2022051521/586fa4a81a28abcc238b7a67/html5/thumbnails/6.jpg)
Fast Paced, Dynamic Business
M&A
Integration
Internal
Controls New
Products
Consolidation Global
Expansion
Transx
Scale
Fx Business
Insight
![Page 7: WorkDay-surviving and thriving in a world of change](https://reader033.fdocuments.us/reader033/viewer/2022051521/586fa4a81a28abcc238b7a67/html5/thumbnails/7.jpg)
What is the Burning Platform for Finance?
Surviving and Thriving in a World of Rapid Change
Changing Business and Regulatory Environment
Changing Market Conditions and Competitive Landscape
Expanding Role of Finance
Changing Workforce
New Technologies
![Page 8: WorkDay-surviving and thriving in a world of change](https://reader033.fdocuments.us/reader033/viewer/2022051521/586fa4a81a28abcc238b7a67/html5/thumbnails/8.jpg)
Challenges with Traditional Systems
Which of the following system related issues interfere most with your finance
function’s ability to meet the demands of its role?*
17%
Lack of Speed
30%
Lack of Visibility
34%
High Maintenance /
Upgrade Costs
37%
Fragmentation
44%
Lack of Flexibility
*CFO Research October, 2012
![Page 9: WorkDay-surviving and thriving in a world of change](https://reader033.fdocuments.us/reader033/viewer/2022051521/586fa4a81a28abcc238b7a67/html5/thumbnails/9.jpg)
New Financial Requirements
Business
and
Financial
Insights
Intuitive
and
Easy to Use
Platform
for the
Future
Scalable Agile and
Flexible
Global
Support
Built–in
Controls
Cost
Effective
![Page 10: WorkDay-surviving and thriving in a world of change](https://reader033.fdocuments.us/reader033/viewer/2022051521/586fa4a81a28abcc238b7a67/html5/thumbnails/10.jpg)
Cloud Computing with Workday
Economical – No upfront capital expenditures
– No system depreciation
– Predictable costs
– Subscription-based pricing model
– Liberate IT resources
Always current – Continuous product innovation
– Lower financial & regulatory risk
Enterprise-grade security – Multiple layers of security & encryption
– ISO27001, SOC-1 & Safe Harbor certification
Global consistency – Single, global source of truth
– Real time visibility
– Better compliance & controls
Collaboration – Anytime, anywhere access
– Strong eco-system of partners
![Page 11: WorkDay-surviving and thriving in a world of change](https://reader033.fdocuments.us/reader033/viewer/2022051521/586fa4a81a28abcc238b7a67/html5/thumbnails/11.jpg)
What We’ve Achieved
Operate With a Complete
Picture
Increased Finance
Productivity and
Operational Efficiencies
Flexibility, Agility, Speed
Improved Controls
• Unified Platform with HR
• Embedded Analytics & Worktags for broader, deeper insight
• Real-time financial and operational reporting and insights
• Intuitive, easy to use, common user interface
• Visibility into financial processes e.g. Work Areas
• Improved business decision support and response time
• Flexible Business Process Framework accommodates
organization, process and reporting changes without IT
• Get answers faster
• Always on audit trail
• Configurable processes and security protocols
Reduced Cost and
Complexity
• Reduced training and support costs
• Global and scalable
• Always current, no upgrade costs
![Page 12: WorkDay-surviving and thriving in a world of change](https://reader033.fdocuments.us/reader033/viewer/2022051521/586fa4a81a28abcc238b7a67/html5/thumbnails/12.jpg)
Unified HR & Finance A More Complete Picture for Analytics and Decision Making
No messy integrations
between disparate systems
Consistent, real-time
reporting
Worker data and
transactions flow directly
into financial system – e.g. payroll, expenses
Faster access to
information and data for
decision support
![Page 13: WorkDay-surviving and thriving in a world of change](https://reader033.fdocuments.us/reader033/viewer/2022051521/586fa4a81a28abcc238b7a67/html5/thumbnails/13.jpg)
Parting Thoughts
Strong external partner with
experience
Empower and involve a broad
project team
Involve HR/Finance in respective
implementations
Validate requirements early
Pick your priorities and be flexible
with scope/process where possible
Leverage the power of the
community
![Page 14: WorkDay-surviving and thriving in a world of change](https://reader033.fdocuments.us/reader033/viewer/2022051521/586fa4a81a28abcc238b7a67/html5/thumbnails/14.jpg)
The Enterprise Cloud for HR and Finance. Built for Enterprises, Delivered in the Cloud.
• HUMAN RESOURCES
• TALENT
• RECRUITING
• PAYROLL
• TIME
• FINANCE & ACCOUNTING
• BUSINESS ASSETS
• REVENUE
• EXPENSES
• CASH MANAGEMENT
• PROCUREMENT
• PROJECTS
MOBILE
COLLABORATION CONSUMER UI GLOBAL
AT THE CORE
ADAPTIVE FOUNDATION
TECHNOLOGY FOUNDATION EMBEDDED SERVICES
MULTI-TENANT
OBJECT ORIENTED
IN MEMORY
SECURITY
INTEGRATION CLOUD
HADOOP
CONFIGURABLE BUSINESS PROCESSES
REPORTING & WORKTAGS
SETTLEMENT ENGINE
GOVERNANCE & COMPLIANCE
HUMAN
CAPITAL
MANAGEMENT
FINANCIAL
MANAGEMENT
![Page 15: WorkDay-surviving and thriving in a world of change](https://reader033.fdocuments.us/reader033/viewer/2022051521/586fa4a81a28abcc238b7a67/html5/thumbnails/15.jpg)
Thank You!