In the changing world of finance, a single source of truth across both Workday and external data will enable you to grow revenue, stay competitive, and adapt quickly in the face of uncertainty. View this deck to learn about use cases for Workday Prism Analytics and best practices for delivering financial insights across the enterprise.

1. Workday on Workday: Best Practices for
Building a Financial Data Hub with
Workday Financial Management and
Prism Analytics

2. Workday on Workday: Best Practices for
Building a Financial Data Hub with Workday
Financial Management and Prism Analytics
Looking Forward with Workday is a webinar series designed to give you insight
into how your organization can do more with Workday. This series will share how
we support how you manage your people and your business. Topics will include
solution strategies and roadmaps, specific use cases, live demos, and customer
stories.

3. Help Slides Media
Player
Resource
List
Q&A
Housekeeping Items
Speakers Survey
Housekeeping Items

4. This presentation may contain forward-looking statements for which there are risks, uncertainties, and
assumptions. If the risks materialize or assumptions prove incorrect, Workday’s business results and directions
could differ materially from results implied by the forward-looking statements. Forward-looking statements include
any statements regarding strategies or plans for future operations; any statements concerning new features,
enhancements or upgrades to our existing applications or plans for future applications; and any statements of
belief. Further information on risks that could affect Workday’s results is included in our filings with the Securities
and Exchange Commission which are available on the Workday investor relations
webpage: www.workday.com/company/investor_relations.php
Workday assumes no obligation for and does not intend to update any forward-looking statements. Any
unreleased services, features, functionality or enhancements referenced in any Workday document, roadmap,
blog, our website, press release or public statement that are not currently available are subject to change at
Workday’s discretion and may not be delivered as planned or at all.
Customers who purchase Workday, Inc. services should make their purchase decisions upon services, features,
and functions that are currently available.
Safe Harbor Statement

5. Stefan Ball
Sr. Solution Marketing
Manager
Workday
Philippa Lawrence
Chief Accounting Officer
Workday
Ali Akbari
Sr. Manager, WoW
Analytics
Workday

6. Juliana McCuaig
Sr. Business Intelligence Analyst -
WoW Analytics
Workday
Bill MacKrell
Solution Consultant
Workday

7. Agenda
Workday Confidential
01 Workday Prism Analytics: A Brief Overview
02 Building a Financial Data Hub at Workday &
Accounting Use Case Spotlight
03 Demo
04 Q&A

8. Planning
Financial
Management
Human Capital
Management
Analytics and
Benchmarking

9. The full spectrum of workforce, financial and operational insights,
all within Workday.
Workday Data + Non-Workday Data
Workday Prism Analytics

10. Data integration
Data preparation
Data governance
Data discovery
Reports & dashboards
Workday Prism Analytics

11. Data integration
Data preparation
Data governance
Data discovery
Reports & dashboards
Self-Service, End-to-End Analytics Platform

12. Finance and HR Expertise
Security Distribution Experience
Workday Prism Analytics Adds Unique Value

13. Over
Prism Analytics
Customers500
Workday Prism Analytics Customer Success

14. Over
Prism Analytics
Customers
Automation and Efficiency
Insight and Decision Support
System Consolidation
500

15. Operational
Insights
Extended
Ecosystem
History
Workday Prism Analytics Use Cases

16. Building a
Financial Data
Hub at
Workday

17. Reporting & Analytics at Workday
WoW
Analytics
Business
System
Analyst
Accounting
Payroll
Discovery Analyst
Prism Analyst
Report Writers
Internal
Audit
Professional
Services /
Operations
People
Analytics
Business
Finance
HR
Operations

18. Evolution of WoW Analytics
Centralized
Reporting &
Analytics
3 use cases
focused on the
art of the possible
Enablement for
Decentralized
Reporting & Analytics
23 People & Purpose
6 Professional Services
Enablement & Education
Across All Business
Functions
100+ Complete, In
Progress, or Backlog

19. Governance
Security
Visualization
Self-Service Sandbox
Expanding Prism Landscape at Workday
Workday
SFDC
Account
SFDC
Account
Planning
SFDC
Customer
HeatMap
SFDC
Competitive
Information
SFDC Lead
SFDC
Opportunities
SFDC
Deal Support
SFDC
Agreement
SFDC
Contact
SFDC
User
SFDC Mktg
Quota
SFDC
Quota
SFDC
Event
SFDC
Task
SFDC
Customer
Tenant
SFDC
Value Mgmt
SFDC
Asset
SFDC
Certification
SFDC
Delivery
Assurance
SFDC
Deployment
SFDC
Partner
SFDC
Resource
Mgmt
SFDC
Case
SFDC
Campaign
Marketo Lanyon C-9 Scout iSight
Workboard Egencia Clearwater
Google
Sheets
On Guard BofA
Live
Future
ADIN
Netsuite
ServiceNow Avalera Zoom Capella
… and
growing
SWH
WUM
Morgan
Stanley
Great Place to
Work
Glassdoor Front App Wells Fargo
Trusted
Enterprise
Analytics

20. • Finance: Treasury Dashboard (Workday & Clearwater)
• Finance: CFO Consolidated Metrics (Workday & SFDC)
• Finance: Travel & Expense Dashboard (Egencia &
Workday)
• Finance: Profitability Actuals / Forecast Dashboard
(Workday, SFDC, & StatsWarehouse)
• Finance: Profitability Dashboard Forecasting
(Workday & Adaptive Insights)
• Finance: Standalone Selling Price (SSP) (Workday &
SFDC)
• Finance: Xactly Accrual EIB (Workday)
• Finance: M&A Historicals Adaptive Insights (Netsuite)
• Finance: M&A Historicals Scout (SaaSOptics)
• Finance: GL Risk (Workday)
• Finance: DPO Dashboard (Workday)
• Finance: Scout to Prism (Scout)
• Finance: Intercompany EIB (Workday)
• Finance: Training Billing Reconciliation (SFDC,
Cornerstone, & Workday)
• Finance: GetPaid Data Load (Workday)
• Finance: Revenue Schedule (.csv & Workday)
• Finance: Revenue Risk (Duns & Bradstreet & Workday)
• Finance: Prepaid Analysis / EIB (Workday)
• Finance: Sales and Use Tax Analysis (Workday &
Avalera)
• Finance: Payroll Tax Accrual Analysis (Workday /
Morgan Stanley)
• Finance: Adaptive Positions Filled (Workday)
• Finance: Subscription Revenue by Industry (Workday &
SFDC)
Finance Prism Use Cases

21. • Finance: Revenue Backlog FX Report (Workday)
• Finance: Treasury Dashboard (Capella)
• Finance: Tax Attributes Data Lake (Workday)
• Finance: UK Return on Sales (ROS) (Workday)
• Finance: Travel Compliance (Egencia & Workday)
• Finance: FrontApp Metrics (FrontApp & Workday)
• Finance: COVID Customer Concessions (GSheet &
Workday)
• Finance: Various Accounting Center Use Cases
Finance Prism Use Cases (Future)

22. General Ledger
Risk Analysis
Standalone
Selling Price
Analysis
AR COVID Risk
Analysis
Accounting Use Case Spotlights

23. General Ledger
Risk Analysis
Standalone
Selling Price
Analysis
AR COVID Risk
Analysis
Accounting Use Case Spotlights

24. • The Accounting team spends multiple days checking and reconciling
each ledger account, for each company, at the end of every month.
• The manual effort to load the data from Workday into Microsoft Excel
and apply transformations, wasn’t efficiently scalable.
Problem
Workday Confidential

25. Approach: Prism
Workday Confidential
Transform
Blend
Ingest
Prism Data
Source
Prism
Analytics
Secure &
Publish
Trial
Balance
Journal Details
Data Sources
Dashboards
Discovery
Boards
Reporting &
Analytics
Financial
Reports

26. Approach: Risk Hierarchy
Workday Confidential
1. Trial Balance Report determines if
there is a Debit/ Credit Swap Risk
1. Trial Balance Report then creates
Low Risk, Medium Risk, and High
Risk boundaries based on how far
the month end balance varies from
the average
1. Dollar Amount Thresholds
Low
Risk
Medium
Risk
Medium
Risk
High Risk High Risk
Mean

27. Approach: Original Process
Workday Confidential

28. Outcome
Workday Confidential

29. Outcome
Workday Confidential
Current PeriodComparison Period

30. Outcome: 6 Month Trend
Workday Confidential

31. Outcome: Risks & Responsibilities
Workday Confidential

32. Outcome: Discovery Board
Workday Confidential

33. Workday Confidential
This is cool, it helps me identify accounts to
pre-rec quicker and helped me catch a few
material mispostings before the ledger
closed.
This will be so helpful, we will now be able to
focus and spend adequate time on the areas
with issues, without having to worry about
getting through the low risk accounts in that
same window.
Alex Stewart
Senior Associate Accountant
Jolene Jensen
Principal Accountant, Corporate Accounting
Value Realized

34. General Ledger
Risk Analysis
Standalone
Selling Price
Analysis
AR COVID Risk
Analysis
Accounting Use Case Spotlights

35. • Requirement from ASC 606 to look at terms from all contracts and
ensure they’re within a consistent range.
• This requires a lot of manual effort in Microsoft Excel with data from
multiple sources.
Problem
Workday Confidential

36. Approach: Prism
Workday Confidential
DashboardsTransform
Blend
Ingest
Prism Data
Source
Prism
Analytics
Secure &
Publish
Discovery
Boards
Salesforce
Bookings
Report
Data Sources
Reporting &
Analytics
External CSV
Files
Financial
Reports

37. Approach: Prism Lineage
Workday Confidential

38. Outcome: SSP Report
Workday Confidential

39. Outcome: Exclusion Report
Workday Confidential

40. Value Realized
Workday Confidential
Saved ~56 hours during
quarter end
Reduction in human
error
Scalability

41. General Ledger
Risk Analysis
Standalone
Selling Price
Analysis
AR COVID Risk
Analysis
Accounting Use Case Spotlights

42. • The revenue recognition team would like to predict what customers
may be late on their payments due to the impacts of COVID-19.
Problem
Workday Confidential

43. Approach: Prism
Workday Confidential
Transform
Blend
Ingest
Prism Data
Source
Prism
Analytics
Secure &
Publish
Dun &
Bradstreet
Customer
Accounts
Data Sources
Salesforce
Dashboards
Discovery
Boards
Reporting &
Analytics
Financial
Reports

44. Outcome: Discovery Board
Workday Confidential

45. Value Realized
Workday Confidential
Early risk identification Improved collaboration Reduced manual effort

46. DEMO
Workday Prism Analytics

47. Key Takeaways
Workday Confidential
Automation
Centralized Security
Speed

48. Q&A

49. Thank you for joining us!
Join us in these upcoming sessions:
Workday Confidential
December 8, 2020
Tuesday 10 AM PT
Learn About Workday VIBE
Solutions and Accenture’s
Belonging & Diversity Journey
December 15, 2020
Tuesday 10 AM PT
Why Investing in Digital
Technologies Now Can Radically
Change Your Business
December 16, 2020
Wednesday 11 AM PT
Using Prism to Manage Your
Workforce Data Through an M&A
December 17, 2020
Thursday 9 AM PT
Unlock New Value From Your
Workday Investment: Discover
the Power of Workday Extend
Apps

50. For a changing world.
TM