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Workday financial training | | Live Sessions | IQ Online Training in US and UK

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The Workday Financial Management Certification Training Program in IQ online will provide you with in-depth knowledge of Accounting and Finance, Revenue Management, Financial Reporting and Consolidation, Financial Planning, Project Billing and many more. Training at IQ Online will help you to become a certified Workday Financial Management professional with Real time projects and use cases. You will get the best support and guidance from our team of experts. – PowerPoint PPT presentation

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Title: Workday financial training | | Live Sessions | IQ Online Training in US and UK


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What is workday financial management?
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  • In Todays market businesses are increasing
    globally and changing rapidly. A lot of Finance
    organizations are facing a lot of pressure to go
    beyond in managing to account.  They have to
    manage accounting, cash, assets, and projects,
    and complete processes such as consolidate to
    close, contract to cash, procure to pay,
    projects, and planning. This is to support global
    growth, achieve profitability, and provide
    strategic direction, as well as meet the complex
    and stiff demands for compliance and regulatory
    oversight. These core functions across multiple
    and disparate systems are addressed by the
    traditional solutions which are making challenges
    to deliver insights to frontline managers and
    impossible to assess performance in real-time and
    also to plan for the future

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  • By using in-memory and an object data model,
    Workday has delivered a single system that
    supports transaction processing, multidimensional
    reporting, consolidation, planning, and
    complianceall using a consistent user experience
    accessible from a desktop or mobile device.
  • All the financial management capabilities which
    are expected from a cloud solution are provided
    by the Workday Financial Management as it is
    built on an adaptive, global foundation. It goes
    well beyond just managing financial processes to
    achieve greater insight, to improve financial
    consolidation, instill internal control, to
    achieve consistency across global operations, and
    also to reduce time to close.

5
Applications and Features
  • Accounting and Finance 
  • Revenue Management 
  • Financial Reporting and Consolidation 
  • Financial Planning
  • Projects 
  • Expenses 
  • Procurement 
  • Inventory 
  • Grants Management 
  • Project Billing 
  • Audit and Internal Controls 

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  • Key Benefits
  • Provide executives and business managers with
    relevant, contextual financial insights that are
    available on the device of their choice
  • Provide best-in-class and pervasive always-on
    audit capabilities 
  • Without business disruption, Embrace the
    organizational, process, and reporting changes.
  • Provide a consistent and easy-to-use interface
    for all users like employees, managers,
    executives, and auditors

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  • Access a New Level of Insight
  • Provide your managers and executives with the
    information they need to make the best business
    decisions. Workday allows capturing the details
    of every financial transaction which includes the
    who, what, where, and why to better serve and
    inform all teamsnot just finance. 
  • Designed for Change
  • Without additional cost even after deployment,
    the innovative Workday technology enables you to
    respond to organizational, business process, and
    reporting changes as they occur.

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  • Created for Finance and Business Users
  • The instinctive user interface in Workday enables
    business customers and finance professionals to
    navigate the application with minimal training.
    Executives and line management also benefit from
    the Workday experience, with easy access to
    information that impacts their day-to-day
    business decisions.
  • Planning
  • To streamline the planning process and accelerate
    time to action, Financial planning in Workday
    takes advantage of real-time financial data. It
    enables organizations to execute and create
    enterprise financial plans. Cross-functional
    teams can create, collaborate, and take action on
    budgets and forecasts all within Workday. As
    business objectives and market dynamics change,
    budgets and forecasts can be adjusted easily and
    shared with key stakeholders across an
    organization. 

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  • Automate and Control Your Cash Flow
  • A system that shows you real-time cash balances
    and transactions help you manage resources
    effectively and make good decisions about
    funding, paying, and collecting money. The
    Workday settlement engine gives you oversight
    into all transactions like spending, revenue,
    finance, and payroll. By understanding inflow and
    outflow, you can also forecast cash flow into the
    future more accurately.

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  • Workday records all the rich operational
    information surrounding transactions while
    maintaining the accounting information expected
    of a global general ledger. Provides insights
    beyond traditional accounting dimensions, and
    meet global regulatory and financial reporting
    requirements.  
  • Global capabilities, including multi-currency,
    multi-language, multibook, and more, are built
    into the core system to support multinational
    requirements today and into the future. 
  •  Significantly streamline your chart of accounts
    for a faster, more accurate financial close. The
    workday can model multiple operating entities,
    companies, or business units to easily complete
    intercompany transactions, eliminations,
    allocations, adjustments, and consolidated
    reporting.

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  • The Workday Financial Management Certification
    Training Program in IQ online will provide you
    with in-depth knowledge of Accounting and
    Finance, Revenue Management, Financial Reporting
    and Consolidation, Financial Planning, Project
    Billing and many more. Training at IQ Online will
    help you to become a certified Workday Financial
    Management professional with Real time projects
    and use cases. You will get the best support and
    guidance from our team of experts.

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Thank you! Reach us Mail info_at_iqtrainings.com M
obile Number 1 904-304-2519 WWW.IQONLINETRAINING
.COM
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