Workday CFO: How businesses can plan for uncertainty paid Workday
In 2019, businesses can plan on one certainty: uncertainty.
Many finance organizations struggle to plan in this way for a few reasons. First, many don’t have easy access to or trust in their data. Teams are working with data that is spread across multiple disparate systems, so most of their time is spent on gathering and reconciling data. As factors outside their organizations continue to change more quickly, that time will cost them.
For finance teams, being agile means having the ability to plan—and re-plan continuously as events change.The other critical part of weathering any storm ahead is transparency. Transparency can be easy during good times, but it’s during uncertain periods that companies are truly tested. Unexpected change or a business headwind is unsettling for employees and external stakeholders like customers, partners, and investors.
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