Resources

Is the annual budget dead?

by Workday

In recent years, the combination of industrial disruption and growing political uncertainty has forced organisations to be nimble in the way they think and operate. Organisations can only act in a fleet-footed way if finance has the tools and the expertise to be agile.

The onset of coronavirus at the start of 2020, and the rising economic uncertainty created by the global lock-down, has only increased the need for finance to be as agile as possible- providing the rest of the business with valuable information and insights to stay competitive in this environment.

It’s worth considering how the annual budget features in a landscape that is fast-changing and at times unrecognisable from what was in place a matter of months previously.

Subscribe to get your daily business insights

Share
Was this article helpful?

About Workday

Workday is a leading provider of enterprise cloud applications for finance and human resources, helping customers adapt and thrive in a changing world. Workday applications for financial management, human resources, planning, spend management, and analytics have been adopted by thousands of organizations around the world and across industries—from medium-sized businesses to more than 50% of the Fortune 500. For more information about Workday, visit workday.com

Related Resources

2024 AR and AP innovations: The AR function is changing in 2024. Are you ready?
whitepapers | Corporate Finance

2024 AR and AP innovations: The AR function is changing in 2024. Are you ...

5d
The Rise of AI-Powered Accounts Payable Assistants
whitepapers | Corporate Finance

The Rise of AI-Powered Accounts Payable Assistants

1m
Soterion’s Business-Centric GRC solutions
whitepapers | Corporate Finance

Soterion’s Business-Centric GRC solutions

2m

Other resources from Workday

The complete guide to modern planning: why it works, how to get started, and who’s winning with it already.
whitepapers | Corporate Finance

The complete guide to modern planning: why it works, how to get started, an...

6m
The Future of Finance - 2021 and Beyond
Corporate Finance

The Future of Finance - 2021 and Beyond

2y
Full Steam Ahead: Finance On Board with Automation

Full Steam Ahead: Finance On Board with Automation

3y
Finance Digital Transformation

Finance Digital Transformation

3y
Financial Planning Solutions: A Buyer's Guide

Financial Planning Solutions: A Buyer's Guide

3y
Survey: Impact on Finance: 2021 and Beyond
Accounting Firms

Survey: Impact on Finance: 2021 and Beyond

3y
Top 4 Reporting Challenges

Top 4 Reporting Challenges

3y
Unlocking agility in finance teams: Leading from the top

Unlocking agility in finance teams: Leading from the top

4y