Zuora Connector for Workday Financial Management integrates its monetization suite with Workday’s comprehensive suite of financial management solutions
Fewer than one-third of enterprises have fully automated order-to-cash, and 54% of CFOs agree that legacy ERP systems are not flexible enough to meet the demands of today’s business environment. By utilizing the certified Zuora Connector for Workday Financial Management, businesses can significantly enhance the accuracy of their financial processes while eliminating the need for manual integration of general ledger (GL) journal entries. This integration allows for streamlined workflows, reducing the risk of errors and saving valuable time for finance teams.
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Zuora’s monetization suite allows organizations to build and scale any business model, from sophisticated usage-based pricing to creative subscription bundles, hybrid offerings and more. By partnering with Workday, Zuora will integrate its complete technology stack with Workday Financial Management to:
- Streamline recurring billing processes for a diverse mix of monetization models, pricing and packaging
- Simplify ASC 606 compliance and audits with automated revenue recognition and financial reporting
- Maximize agility across the technology ecosystem with near-real-time insights into customer and revenue data to inform business decisions
“We are thrilled to partner with Workday to power the full order-to-cash process while increasing flexibility through a dynamic mix of business models,” said Daniel Enekes, Vice President, Global Alliances at Zuora. “Together, Zuora and Workday will empower companies to accelerate their monetization strategies and drive sustainable growth.”
The partnership also presents significant opportunities for system integrator (SI) partners who specialize in implementing Workday. By leveraging Zuora’s monetization suite together with Workday, SI partners can offer their clients a more comprehensive solution.
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Source – businesswire
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