Workday, Inc. announced at Workday Rising, the company's annual customer conference, a range of new innovations and initiatives designed to help support customers in the changing world of work. These include new capabilities to help elevate the office of finance, ways to create more employee experiences, and establishing a more open and connected Workday to help companies adapt and thrive in dynamic environment. Finance teams are being tasked with delivering more strategic insights and scaling to meet business requirements.
To help them deliver on these needs, Workday is unveiling new innovations to help elevate the office of finance. These include new machine learning capabilities to help create a more frictionless finance experience, increased performance and scalability to support company-wide planning, and deeper insights into the supply chain to support environmental, social, and governance (ESG) initiatives. Employees who feel heard and supported are more engaged and productive, which is why organizations need to prioritize experiences that help employees feel a sense of connection and opportunity.
Customers' requirements are unique to their industry and growth strategies, highlighting the need for industry-specific solutions that help enable faster time to value and the ability to bring in innovation from external partners to help drive success. To further expand its ecosystem and enable swift innovation and open collaboration, Workday announced its plans for: A vision for transforming Workday's partner ecosystem that embraces a more open and connected approach to help create faster time to value for customers through more innovation, joint go-to-market strategies, and an expanded services network. A new Industry Accelerator program to help speed cloud transformation efforts, initially for healthcare, banking, insurance, and technology companies, combines Workday partners, solutions, and services.
New technology and user experience (UX) innovations aimed at helping its customer community quickly adapt to meet ever-changing business and employee needs, including planned low-code/no-code app development functionality in Workday Extend and intuitive UX capabilities that help make work effortless for every type of user.