Accenture and Workday Increase Partnership to Assistance Businesses Accelerate Finance Transformation


Co-innovation allows businesses like Salesforce reimagine its fiscal processes globally
NEW YORK Sept. 7, 2023 – Accenture (NYSE: ACN) and Workday (NASDAQ: WDAY) are growing their partnership to assist organizations reinvent their finance functions to be a lot more agile, info-driven and customer-centric. The firms are collaborating to establish a suite of information-led, composable finance alternatives that can be configured and reconfigured to help consumers in the program and technological innovation, retail, and media industries be more responsive to changing company prerequisites.
The field-unique solutions are jointly developed to integrate with Workday Financial Administration to speed up the optimization of a company’s core financial operations. Run by info and analytics, the offerings will digitize procedures by intelligent automation, artificial intelligence (AI), and equipment mastering (ML) and will support lessen fees, make improvements to operational efficiencies, and empower the workforce with new competencies required to thrive in an evolving ecosystem. The new choices align with the Workday Business Accelerators’ collaborative go-to-market tactic set up previous 12 months to assist handle the escalating need for electronic transformation throughout several industries.

“CFOs are challenged to improve expend and raise earnings margins, although getting new means to leverage knowledge to generate successful expansion,” mentioned Emma McGuigan, senior managing director and Enterprise & Field Systems lead at Accenture. “To assistance our clientele be truly agile and drive true-time reinvention, our expanded collaboration with Workday will present pre-integrated finance alternatives that enable organizations plug the technologies of tomorrow into today’s business.”
Matthew Brandt, senior vice president of World wide Associates at Workday, included, “We identify the have to have for smart answers to permit the office environment of the CFO to navigate transforming company environments and generate progress for their organizations. This initiative with Accenture is an important addition to Workday’s Field Accelerators, which mix the electricity of Workday with the deep field know-how of our companions to aid speed our customers’ cloud transformations. The global partnership between Workday and Accenture provides jointly the electricity of our cloud-native system with AI and ML at the core and some of the industry’s most ahead-imagining and modern authorities to aid our consumers choose edge of transformative systems to accelerate modify across their economical functions when remaining adaptable and resilient.”
Accenture and Workday are operating with Salesforce to apply a robust finance technologies platform as component of its aim to provide new company insights, increase agility and improve employee experiences. With style and design and execution support from Accenture, Workday Economic Management—combined with Salesforce tools—will present Salesforce with options to support streamline its finance processes and standardize its functions globally.
“Our technological know-how system is centered on adopting impressive remedies that produce an agile basis for us to adapt and increase,” mentioned Faye Olson, senior vice president of Company Technological innovation, Organization Enablement, Salesforce. “Accenture and Workday are aiding us supply on this approach with an adaptable finance method that enables us to preserve tempo with today’s dynamic business natural environment.”
Accenture and Workday are operating with each other to produce nine offerings meant to handle unique business enterprise requires across three industries:
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- Software program and technologies sector solutions handle vital issues shoppers are experiencing around purchaser billing—including membership and use billing—revenue scheduling and commit optimization. Methods include quotation-to-cash, economic preparing and assessment, and commit and funds movement optimization.
- Retail field options help prospects with organizing, shop operations, and workforce administration. They are intended to consist of pre-packaged integrations, configurations and studies to improve the integration of Workday Economic Management with other very best-of-breed merchandising and inventory solutions, offering finance and retailer functions groups with improved insight on stock and retailer details to make the right items obtainable in the appropriate place a comprehensive retail and analytics solution that presents dashboards for retail outlet operators to greater comprehend keep performance and a strategic workforce administration remedy that delivers vendors with a reality-dependent answer to approach and deal with their workforce.
- Media market offerings target on creation finance, monetization and contracts, and title amortization. They combine marketplace-unique platforms, purpose-designed for training media production and the monetization of media assets with a contemporary digital core of Workday Economic Management.



The collaboration combines Accenture’s industry and practical awareness, innovation, and interoperability expertise with Workday’s sturdy engineering platform, foundational information product and advanced analytics. The expanded partnership concerning the two businesses builds on much more than 15 a long time of joint endeavours to bolster resilience and advance know-how transformation throughout HR and Finance functions for joint customers around the world.
About Accenture

Accenture is a top worldwide expert companies organization that assists the world’s leading enterprises, governments and other companies establish their electronic core, improve their operations, accelerate profits progress and greatly enhance citizen services—creating tangible worth at pace and scale. We are a expertise and innovation led enterprise with 732,000 men and women serving clients in extra than 120 countries. Engineering is at the core of improve nowadays, and we are one of the world’s leaders in aiding travel that improve, with solid ecosystem associations. We blend our strength in technological know-how with unmatched field expertise, functional experience and world delivery functionality. We are uniquely ready to deliver tangible outcomes mainly because of our broad range of services, alternatives and property across Strategy & Consulting, Technological innovation, Operations, Business X and Accenture Music. These capabilities, collectively with our lifestyle of shared accomplishment and determination to developing 360° price, empower us to assist our customers thrive and construct dependable, lasting interactions. We evaluate our accomplishment by the 360° benefit we develop for our purchasers, each and every other, our shareholders, associates and communities. Visit us at www.accenture.com.
About Workday
Workday is a main provider of organization cloud apps for finance and human assets, assisting prospects adapt and thrive in a shifting earth. Workday apps for fiscal administration, human methods, arranging, expend management, and analytics are created with synthetic intelligence and device understanding at the main to aid businesses close to the world embrace the long run of get the job done. Workday is used by more than 10,000 corporations close to the world and throughout industries—from medium-sized corporations to extra than 50% of the Fortune 500. For more info about Workday, visit workday.com. © 2023 Workday, Inc. All rights reserved. Workday and the Workday emblem are registered logos of Workday, Inc. All other brand name and item names are emblems or registered logos of their respective holders.
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Contacts:
Hannah Unkefer

Accenture

+1 206 839 2172

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Workday

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Copyright © 2023 Accenture. All rights reserved. Accenture and its brand are trademarks of Accenture.


© 2023 Workday, Inc. All legal rights reserved. Workday and the Workday logo are registered logos of Workday, Inc. All other brand name and item names are trademarks or registered emblems of their respective holders.


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