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FP&A Done Right

Workday Named a Leader in the Gartner Magic Quadrant for Financial Planning Software

 

FP&A Done Right: Finance’s Role in ESG Reporting

December 9, 2024

By Revelwood

Workday has been recognized as a Leader in the 2024 Gartner® Magic Quadrant™ for Financial Planning Software for the third consecutive year. This year’s Magic Quadrant for Financial Planning Software includes Anaplan, Board, IBM, Insightsoftware, Jedox, Kepion, OneStream, Oracle, Pigment, Planful, Prophix, SAP, Strata (formerly Syntellis), Vena, Wolters Kluwer and Workday.

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The Gartner Magic Quadrant evaluates vendors based on their ability to execute and completeness of vision, classifying them as Leaders, Challengers, Visionaries or Niche Players.

Read a copy of the Magic Quadrant and learn:

  • Market dynamics and key trends
    • Shifts towards agile financial planning
    • Data integration and cross-functional collaboration
    • The rise of artificial intelligence (AI) and predictive analytics
    • Cloud adoption and scalability
    • Focus on user experience
  • Challenges facing the industry
    • Adoption gaps
    • Data silos
    • Balancing customization and standardization
  • Why Workday was named a Leader – strengths
    • Performance monitoring
    • Management insights and dashboards
    • Certified implementations

The financial planning software market is poised for continued growth, driven by the increasing demand for agility, integration and advanced analytics. Vendors like Workday are leading the charge by providing solutions that not only meet today’s needs, but also anticipate future challenges.

For organizations considering a move to modern financial planning tools, the Gartner Magic Quadrant serves as an invaluable resource to identify vendors best suited to their needs and strategic goals. As the market evolves, adaptability and innovation will remain key differentiators in this competitive space.

Read the report. 

Revelwood is dedicated to helping the Office of Finance succeed through the strategic use of technology. We have a nearly 30 year history helping CFOs and FP&A leaders modernize and transform the Office of Finance. Our approach is to focus on your success, speak business first and to leverage best-in-class technology that suits your organization’s unique needs. Contact us at info@revelwood.com to start a conversation on how we can help your Office of Finance be thes best it can be.

More from our FP&A Done Right Series:

Recommendations from the 2024 CFO Study

FP&A Maturity Assessment: Where Do You Rank?

Solving Financial Reporting Challenges

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