CLOSE AND CONSOLIDATE

Close, consolidate, and report all in one system.

A consolidated income statement in close and consolidate software.

what you can do

Close and consolidate with confidence.

Consolidate results from multiple companies and non-Workday financial systems easily, every time. We automate the reconciliation, consolidation, reporting, and close process so everything is done accurately in one system.

KEY CAPABILITIES
  • Global consolidation
  • Period close process
  • Period close dashboard
  • Real-time financial reporting
  • Account reconciliation and certification
  • Third-party GL integration
Financial results dashboard showing income statement and pie graph for quarterly expense analysis.

View consolidated results any time.

Wondering what your financial results look like during the period? No problem. Close and consolidation in Workday provides real-time currency translations, intercompany eliminations, and retained earnings calculation.


70% reduction in time to close.

—CustomInk

Run a more efficient close.

Period close metrics showing bar graph of days to close along with a progress monitor table. 2020R1

The financial close is a complex but critical process. Workday streamlines closing so you can spend more time analyzing results.

Bring in data from any source.

Integrate finance data from external systems and enrich, transform, and analyze it at scale—all within your system of record.

Use the period close business process to automate tasks, route approvals, send reports, and more.

Close faster with in-memory accounting and reporting that delivers instant insight, with fewer reconciliations along the way.

Prioritize work with delivered dashboards for period close, account certifications, and more.

Account certification dashboard showing balance sheet certification progress and number of account certifications. 2020R1

Reconcile accounts the easy way.

不需要移动数据的工作版本ify account balances. Account reconciliation and certification are automatically embedded in the transaction system.

Operational analysis dashboard showing operating expenses by cost center and P&L by quarter.

Gain business insight from your financial system.

Say goodbye to the limitations of a traditional accounting code block. With Workday, you cananalyze financial resultsby any dimension, such as:

  • Spend by supplier
  • Customer profitability
  • Spend by campaign
  • Project activity

See how we get you live fast.

Ready to talk? Get in touch.