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Deloitte named a winner of the 2021 Workday Partner Industry Innovation Awards

Deloitte named a winner in two industry categories

Deloitte has been named a winner of the inaugural 2021 Workday Partner Industry Innovation Awards in the Financial Services and Retail & Hospitality Industries.

We are excited that Deloitte has received two 2021 Workday Partner Industry Innovation Awards. Workday has honored Deloitte for our innovation, expertise, and commitment to bringing accelerated industry innovation to customers in the Financial Services Industries and Retail & Hospitality Industries while extending key Workday solutions.

John Malikowski, Global Workday Practice leader

Cash Forecasting Accelerator

Cash Forecasting Accelerator powered by Workday Adaptive Planning for Retail and Hospitality

The COVID-19 pandemic has highlighted the need in the retail and hospitality sectors for finance executives to have enhanced capabilities and agility in the management of working capital, cash flow forecast and overall liquidity. Powered by Workday Adaptive Planning, this Cash Forecasting Accelerator:

  • Enables FP&A teams to model their cash flow.
  • Delivers customizable dashboards (with data generated from various sources) that provide an overview of the organization’s cash flow position, including net cash flow, and scenario analysis providing high level changes to key drivers.
  • Allows organizations to better analyze business performance data, make more informed decisions and become more agile in responding to market disruptions.
Workday Prism Analytics

Performance-Based Variable Incentive Compensation Solution for Financial Services powered by Workday Prism Analytics

Compensation is a significant factor for attracting and retaining high-performing banking professionals, particularly in capital markets where bonuses and other merit-based pay make up a significant portion of their total compensation.

  • This solution leverages Workday Prism Analytics to optimize the way the company’s managers calculate incentive-based pay and bonuses for its capital markets staff.
  • This proof-of-concept was designed for a large Banking client to eliminate legacy bonus calculations via workaround and manual intervention–now available in Workday Prism Analytics to drive efficiencies and a unified customer experience.