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Surviving and Thriving in a World of Change
Surviving and Thriving in a World of Change
Surviving and Thriving in a World of Change
Surviving and Thriving in a World of Change
Surviving and Thriving in a World of Change
Surviving and Thriving in a World of Change
Surviving and Thriving in a World of Change
Surviving and Thriving in a World of Change
Surviving and Thriving in a World of Change
Surviving and Thriving in a World of Change
Surviving and Thriving in a World of Change
Surviving and Thriving in a World of Change
Surviving and Thriving in a World of Change
Surviving and Thriving in a World of Change
Surviving and Thriving in a World of Change
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Surviving and Thriving in a World of Change

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It’s impossible to keep up with today’s constant change in financial management systems and regulations, right? Nope—not anymore.

It’s impossible to keep up with today’s constant change in financial management systems and regulations, right? Nope—not anymore.

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  • 1. The Burning Platform for FinanceSurviving & Thriving in a World of Change
  • 2. Today’s PresentersRuss BanhamContributing EditorCFO Publishing#WDAY @workdayRaphael BresVP, Financials ProductStrategy, WorkdayNoel WatsonControllerTripAdvisor
  • 3. Who We Are We exist to help people around the world plan and have theperfect trip on any budget
  • 4. Company Facts NASDAQ: TRIP Founded in 2000 Spun-off of from Expedia 2011 Largest travel site in the world*:– Operate in 30 countries and 21 languages– 1,500 employees Social travel planning as keydifferentiator:– 57 Million unique monthly visitors– 36 Million marketable members– 75 Million (and growing) reviews and opinions– 60 new contributions every minute*comScore Media Metrix for TripAdvisor branded sites, Worldwide, May 2012
  • 5. TripAdvisor, Inc. Brands
  • 6. Fast Paced, Dynamic BusinessM&AIntegrationInternalControlsNewProductsConsolidationGlobalExpansionTransxScaleFx BusinessInsight
  • 7. What is the Burning Platform for Finance?Surviving and Thriving in a World of Rapid ChangeChanging Business and Regulatory EnvironmentChanging Market Conditions and CompetitiveLandscapeExpanding Role of FinanceChanging WorkforceNew Technologies
  • 8. Challenges with Traditional SystemsWhich of the following system related issues interfere most with your financefunction’s ability to meet the demands of its role?*17%Lack of Speed30%Lack of Visibility34%High Maintenance /Upgrade Costs37%Fragmentation44%Lack of Flexibility*CFO Research October, 2012
  • 9. New Financial RequirementsBusinessandFinancialInsightsIntuitiveandEasy to UsePlatformfor theFutureScalableAgile andFlexibleGlobalSupportBuilt–inControlsCostEffective
  • 10. Cloud Computing with Workday Economical– No upfront capital expenditures– No system depreciation– Predictable costs– Subscription-based pricing model– Liberate IT resources Always current– Continuous product innovation– Lower financial & regulatory risk Enterprise-grade security– Multiple layers of security & encryption– ISO27001, SOC-1 & Safe Harbor certification Global consistency– Single, global source of truth– Real time visibility– Better compliance & controls Collaboration– Anytime, anywhere access– Strong eco-system of partners
  • 11. What We’ve AchievedOperate With a CompletePictureIncreased FinanceProductivity andOperational EfficienciesFlexibility, Agility, SpeedImproved Controls• Unified Platform with HR• Embedded Analytics & Worktags for broader, deeper insight• Real-time financial and operational reporting and insights• Intuitive, easy to use, common user interface• Visibility into financial processes e.g. Work Areas• Improved business decision support and response time• Flexible Business Process Framework accommodatesorganization, process and reporting changes without IT• Get answers faster• Always on audit trail• Configurable processes and security protocolsReduced Cost andComplexity• Reduced training and support costs• Global and scalable• Always current, no upgrade costs
  • 12. Unified HR & FinanceA More Complete Picture for Analytics and Decision Making No messy integrationsbetween disparate systems Consistent, real-timereporting Worker data andtransactions flow directlyinto financial system– e.g. payroll, expenses Faster access toinformation and data fordecision support
  • 13. Parting Thoughts Strong external partner withexperience Empower and involve a broadproject team Involve HR/Finance in respectiveimplementations Validate requirements early Pick your priorities and be flexiblewith scope/process where possible Leverage the power of thecommunity
  • 14. The Enterprise Cloud for HR and Finance.Built for Enterprises, Delivered in the Cloud.• HUMAN RESOURCES• TALENT• RECRUITING• PAYROLL• TIME• FINANCE & ACCOUNTING• BUSINESS ASSETS• REVENUE• EXPENSES• CASH MANAGEMENT• PROCUREMENT• PROJECTSMOBILECOLLABORATIONCONSUMER UIGLOBALAT THE COREADAPTIVE FOUNDATIONTECHNOLOGY FOUNDATION EMBEDDED SERVICESMULTI-TENANTOBJECT ORIENTEDIN MEMORYSECURITYINTEGRATION CLOUDHADOOPCONFIGURABLE BUSINESS PROCESSESREPORTING & WORKTAGSSETTLEMENT ENGINEGOVERNANCE & COMPLIANCEHUMANCAPITALMANAGEMENTFINANCIALMANAGEMENT
  • 15. Thank You!

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