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Home Business Insights Digital Transformation

APAC retail organisations opt Workday Financial Management to drive profitability

FutureCFO Editors by FutureCFO Editors
April 11, 2024
Photo by Cyrill

Photo by Cyrill

Retail organisations in the Asia-Pacific region are selecting Workday Financial Management to drive greater profitability, according to a recent press release from the system software company.

Retailers across the APAC region including Aesop, Charles & Keith, Kolmar Korea Holdings Co., Ltd, Mondelez, MUSINSA Co., Ltd, PUMA SE, MGM China, and Osotspa Thailand are using Workday to gain real-time visibility into financial and operational data across the front, middle, and back offices for improved decision-making.

According to Workday, retail organisations need finance, workforce planning, and business agility to respond to dynamic economic conditions.

To support customers with their digital transformation efforts and accelerate time to value, Workday helps them to leverage both Workday and partner solutions.

Workday also recently announced an expanded partnership with Accenture to develop a suite of data-led, composable finance solutions that can be configured to help retail customers be more responsive to changing business needs.

Workday and Accenture are seeking to offer customers pre-packaged integrations, configurations, and reports to optimise the integration of Workday Financial Management with other best-of-breed merchandising and inventory solutions, providing finance and store operations teams with better insight on inventory and store data to make the right products available in the right place.

The system also provides a comprehensive retail and analytics solution that provides dashboards for store operators to better understand store performance, as well as a strategic workforce management solution that provides retailers with a fact-based solution to plan and manage their workforce.

Related:  Six key drivers of transformation success CFOs must know (Part 2)
Tags: apacfinancial management softwareWorkday
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