Workday Finance: a key partner for successful implementation

Workday Finance AMOA is a crucial element for companies seeking to optimize their financial processes. But how can Workday Finance really transform your ERP implementation project?

My name is Marie MANUEL, and my professional career has taken me to a number of key positions in the financial sector: Finance IS project manager, Finance and HR manager, and even accountant with well-known companies.

In the course of my various experiences, I’ve often heard people say: “I want a financial information system that enables us to anticipate, not just track! That’s when I realized the importance of the role of the Project Management Assistant (PMA) in the implementation of an ERP like Workday Finance.AMOA doesn’t just follow a project; it shapes it, optimizes it and pushes it towards success.

In this article, discover how this approach can not only transform your implementation project, but also lead your company towards more efficient, proactive financial management aligned with your strategic objectives.

What is Workday Financial Management?

Workday is a leading cloud platform, capable of transforming a company’s financial processes with unrivalled flexibility and power. But the key to harnessing its full potential lies in good project management, and that’s where our team comes in.

SQORUS’ expertise ensures that the ERP solution is aligned with our customers’ strategic objectives, while meeting their business requirements.

Workday Finance project management: definition of requirements and functional scoping

In-depth analysis of current financial processes with Workday Finance

The first step in any implementation project is always to fully understand our customers’ needs. With Workday, this step is essential, as the platform offers deep customization. This means asking the right questions: what functionality can this solution offer to meet your priorities? How can you align your business processes with Workday’s capabilities to anticipate future needs?

Managing international financial flows

At Gameloft, for example, theWorkday Finance project management team helped us to define the precise requirements for the specific financial flows linked to the sale of video games in several currencies. Thanks to Workday’s flexible modules, we were able to configure a system that not only manages these complex flows, but also complies with international accounting regulations.

Optimizing budget processes

For MoOngy, the challenge was to model budgeting processes in such a way as to obtain real-time financial visibility. With Workday, we were able to centralize and automate financial flows while providing a dynamic analytical view of ongoing projects, facilitating faster, more informed decision-making.

Automation of investment flows

At Sienna Investment Managers, theAMOA has used Workday’s capabilities to automate investment flow and asset management processes, integrating bank reconciliation tools that comply with strict industry regulations.

Follow-up of the implementation and management of the Workday Finance project

Once the requirements have been clearly defined, theproject management team steps in to steer the implementation and ensure that everything runs smoothly. Workday offers a complete platform, but it is essential to ensure that the integration of its functionalities is adapted to the reality of each company.

The expertise of SQORUS, via the AMOA, ensures that the entire Workday ecosystem is seamlessly integrated into existing business processes.

Integration of financial and HR modules

At Gameloft, for example, AMOA oversaw the integration of Workday’s financial and purchasing modules. By ensuring that all teams were synchronized and that Workday tools could be customized, we were able to improve efficiency and collaboration between departments.

Deployment of analytical tools

At MoOngy, the AMOA led the deployment of Workday Finance, leveraging the integrated analytical tools to ensure accurate, real-time financial monitoring. Workday’s predictive analytics capabilities enabled MoOngy to anticipate future needs and make informed decisions.

Customization of treasury modules

Finally, for Sienna Investment Managers, AMOA helped customize and implement Workday’s cash management and cost accounting modules. And all this while ensuring optimal user training to ensure rapid adoption of the functionalities.

Workday Finance change management and user support

Workday Finance offers state-of-the-art tools, but their effectiveness depends on how users adapt to them. AMOA ensures successful change management, helping users to understand and make the most of Workday’s functionalities.

Training strategies

At Gameloft, theAMOA set up an advanced training program that enabled the accounting teams to quickly master the Workday modules. Thanks to the platform’s user-friendliness, adoption was rapid and enabled a smooth transition.

Adoption of new reporting tools

For MoOngy, the support involved facilitating the integration of Workday’s new automated reporting tools. This enabled teams to better manage processes, while gaining access to detailed financial reports, generated in just a few clicks.

Optimizing closing processes

At Sienna Investment Managers, theAMOA used Workday’s intuitive functionalities to help users optimize accounting closing processes. This reduced closing times and improved the reliability of financial data.

How do you choose the right AMOA for your Workday Finance project?

Selecting the right project management team is a crucial step in ensuring the success of your Workday Finance project. Competent project management can make the difference between a successful implementation and a project that struggles to meet its objectives. Here are the essential criteria to consider when making your selection:

• Expertise in Workday Finance: An AMOA must have solid experience with Workday Finance and master the modules relevant to your project to ensure optimal alignment with your objectives.

• Understanding business challenges: The project management team needs to understand your financial and strategic priorities in order to adapt the solution to your business processes and guarantee coherent integration.

• Flexible, customized methodology: Choose an AMOA that applies a structured methodology while remaining flexible enough to adapt to your organization’s specific needs.

• Change management skills: The AMOA must know how to manage change by training and supporting teams, ensuring smooth adoption of new functionalities.

• Long-term partnership: Opt for an AMOA with a long-term commitment, like SQORUS, which specializes in ongoing support to ensure that Workday Finance evolves with its customers’ needs.

Conclusion on AMOA with Workday Finance

AMOA plays an indispensable role in ensuring that Workday’s advanced modules are exploited to their full potential, whether for managing complex financial flows, predictive analysis or change management.

At SQORUS, we are experts in project management support, with complete mastery of Workday functionalities and business processes. We ensure that each Workday Finance project is perfectly aligned with our customers’ strategic objectives, while optimizing financial results.