Workday Financials
Accounting, spend and suppliers in one set of books, with real-time numbers finance leaders trust.
Every Financials engagement at Hazeberg is led by consultants who have spent their careers on finance integrations, so your banks, payroll and procurement are connected to the ledger from day one, not patched in later.
Shorter closes
Fewer manual steps between period end and sign-off
One set of numbers
Every report built on the same books
Spend approved upfront
Approvals before money leaves, not after
Audit-ready books
Approvals and changes recorded as they happen
Financials capabilities
A fast close is decided long before period end. We set up each part of the cycle so the numbers are right when they land, and month-end becomes a check rather than a rebuild.
01 / 06
Set up
A chart of accounts built for the questions you will ask, not the ones your old system could answer.
Chart of accounts and reporting tags
Companies, ledgers and currencies
Intercompany accounting
Projects, grants and business assets
02 / 06
Spend
Every purchase signed off before it is made, not justified afterwards.
Requisitions, purchase orders and receipts
Supplier onboarding and invoice matching
Expenses from a phone, checked against policy
Supplier payments and payment files
03 / 06
Earn
Revenue recognized the way your contracts are written.
Customer contracts and billing schedules
Invoicing and collections
Revenue recognition rules
Customer payments applied to open invoices
04 / 06
Plan
Budgets that check spend as it happens, and forecasts that start from actuals.
Budgets with spend checks in Workday
Forecasts and scenarios in Adaptive Planning
Budget against actual by cost center
Cash position and cash forecasts
05 / 06
Close
A close that runs from a checklist, not a crisis.
Bank and account reconciliations
Consolidation across companies
Close tasks tracked in one place
Financial statements and management reports
06 / 06
Control
The controls your auditors ask for, already part of how the work gets done.
Approvals routed through business processes
Segregation of duties through security
A full audit trail on every entry
SOX controls and audit evidence
Prism Analytics draws on the same books when deeper analysis is needed, blending finance data with operational data from outside Workday.
Who it's built for
Finance only moves as fast as the people feeding it and reading it. Here is what changes for each of them.
Results in real time, without waiting for month-end packs.
The same figures for the board, the auditors and operating teams.
Plans refreshed from the books, not from last month's export.
Fewer days between period end and signed-off results.
Payroll, spend and revenue post to the ledger on their own.
Bank and account reconciliations done where the data lives.
Intercompany and consolidation handled inside Workday.
Every close task, owner and status in one place.
Spend requests reviewed and approved wherever they are.
Budget against actual for their cost center on any day of the month.
Requests tested against budget before anyone approves them.
Claims submitted, approved and reimbursed in one flow.
How we engage
The right route depends on whether you are moving finance onto Workday, already closing your books in it, or need a team beside you every period end.
Connected finance
Workday Financials sits at the center of a lot of traffic: payroll costs, bank statements, supplier invoices, customer payments and, during a move, years of history from the system you are leaving. We connect each of those so the numbers arrive complete and on time.
Your ledger
Payroll costs and headcount landing on the right cost centers, projects and grants, whether pay runs in Workday or with a provider.
Payment files out, statements in, and reconciliation that happens inside Workday.
Supplier records, purchase orders and invoices flowing in from the portals and tools your teams already use.
Opening balances, open items and the history you actually need, converted, reconciled and signed off before go-live.
Your ledger
Payroll costs and headcount landing on the right cost centers, projects and grants, whether pay runs in Workday or with a provider.
Tell us how your close runs today, from first journal to final report, and we'll show you where Workday Financials can shorten it.
Questions
Yes. Financials uses the same organizations, workers and security you already have, so payroll costs, expenses and approvals connect without new interfaces. We plan the rollout around your financial year so the switch lands at a clean period end.
Data conversion gets senior attention at Hazeberg rather than being left to the end. We map, cleanse and reconcile opening balances, open items and the history you actually need, and nothing goes live until finance has signed off the numbers.
Yes. We set up each company, its currencies and the intercompany rules between them, so consolidation runs inside Workday instead of in a spreadsheet after the close.
Yes. Bank connections, payroll postings, procurement portals and other finance feeds are built with Workday Studio, EIB and APIs, and tested against each Workday release so they keep working.
That is designed in from the start. Approvals run through business processes, segregation of duties is enforced through security, and every entry carries a full audit trail, so SOX testing has the evidence it needs. We agree the controls with your finance and audit teams before build begins.