By Jennifer Toomey, Nick Stankovic and Jayme Mesecher, Oracle

Does this state of affairs sound acquainted to you?

Your CFO has a query in regards to the enterprise and desires solutions—now. Your staff scrambles to assemble the data, however pulling all of it collectively takes days, and analyzing it takes days extra.

That is an all-too frequent state of affairs for a lot of firms, due to disparate, disconnected methods. The finance staff makes use of on-premises ERP for accounting, and does planning, budgeting, and evaluation utilizing spreadsheets. Human assets manages payroll utilizing an outsourced supplier. The gross sales staff makes use of CRM from a vendor that doesn’t promote a lot else. All of it results in a hairball of integration woes.

Then, alongside comes a cloud supplier like Workday that guarantees to simplify all of it for you. However over the previous few years, we have seen the road between guarantees and actuality come into sharper focus. It is vital to maintain taking a look at what Workday can really supply throughout its enterprise purposes and examine how these choices stack up towards Oracle Fusion Cloud Applications.

Listed below are 5 issues each potential buyer ought to contemplate as they weigh the deserves of Workday versus Oracle for finance, reporting, planning, HR, provide chain, and different enterprise purposes.

1. All the pieces is completely different now

The monetary, societal, and well being impacts of COVID-19 will proceed to be felt for months—and even years—to come back. In instances of uncertainty, it’s important to forecast and re-forecast your plans as circumstances change. To navigate a disaster of this magnitude, you want robust scenario planning capabilities.

Oracle Fusion Cloud EPM has these. You may plan, forecast, mannequin, run Monte Carlo simulations, and price range throughout any line of enterprise—together with your workforce, gross sales, operations, and financials.

Workday is barely within the early levels of offering a few of these capabilities. They proceed to focus their assets on the continued complexities of integrating the Adaptive planning platform.

2. You’ll want to be prepared for future progress

Ultimately, this disaster will finish. When it does, will you be positioned to recapture progress?

McKinsey & Firm just lately checked out how firms fared throughout and after the worldwide monetary disaster of 2008. Based on their findings, the businesses that invested in M&A, new enterprise fashions, and innovation came out of the recession ahead of their competitors. It sounds paradoxical, however now may be the time to make large strikes that may catapult your progress.

However large strikes require perception, evaluation, planning, and precision throughout your complete enterprise. You’ll want to mannequin eventualities to forecast how new enterprise fashions will influence income over the quick and long run. You’ll want to handle money circulation to make sure you have sufficient readily available to help your M&A technique. You’ll want to study your workforce, to know whether or not you’ve the best expertise in place to help your plans. You’ll want to construct a resilient provide chain, with the power to modify suppliers shortly to answer enterprise disruptions. And on and on.

Oracle is the only cloud provider that provides built-in SaaS purposes throughout all these enterprise capabilities: finance, HR, provide chain, gross sales, advertising and marketing and repair. Our purposes use a typical knowledge mannequin for transactions throughout strains of enterprise, that means seamless course of flows, improved effectivity, higher perception—and far much less integration give you the results you want. Plus, we pull collectively all that knowledge into our analytics and EPM purposes, so that you get deeper, quicker perception to help your largest selections.

Workday’s focus is on finance and HR software program. For strains of enterprise corresponding to gross sales, advertising and marketing, customer support, or provide chain, you’ll want to attach Workday to methods from different suppliers. Ultimately, you can find yourself with an IT hairball that’s practically unattainable to untangle.

3. Innovation issues

One of the best ways to take care of a single, seamless person expertise is to take a position—closely and persistently—in constructing out a pipeline for R&D and expertise innovation. Sadly, Workday depends primarily on acquisitions as an alternative of in-house R&D to drive its innovation pipeline. Relatively than engaged on really distinctive and modern capabilities, Workday is preventing an extended, exhausting, and unsure battle to combine a grab-bag of inconsistent, incompatible acquired choices.

In distinction, Oracle is considerably forward of Workday on the subject of integrating acquired firms and applied sciences. We’ve invested billions of {dollars} in creating cloud purposes for each enterprise operate—and in constructing out our personal secure data centers and infrastructure. All the combination work is finished for you.

Workday, by comparability, is betting that it will probably combine acquired purposes to achieve performance that Oracle Cloud Purposes have already got. Most of these integration efforts are by no means a straightforward job—Workday continues to be taking part in catch-up.

On the innovative, Oracle’s machine studying capabilities are driving high-value improvements corresponding to digital assistants, powerful new mobile apps, built-in machine learning capabilities for end users, and advanced controls. With common updates (usually as soon as 1 / 4, however generally as often as each 30 days), you’re all the time operating on the newest, biggest model of our software program.

As Oracle retains the pedal down by itself innovation engine, industry analysts have famous that Workday’s portfolio of purposes is just not fully complete, with useful gaps compared to different HCM suppliers. As well as, there aren’t as many use circumstances for next-generation applied sciences corresponding to synthetic intelligence, machine studying, or digital assistants, in comparison with Oracle.

4. You may’t run a enterprise on slideware and resolution gaps

Analyst stories reveal that Workday is lacking some mainstream capabilities that Oracle presents at this time—and, in lots of circumstances, has supplied for years. ERP customers on the lookout for end-to-end quote-to-cash, omni-channel order administration, or warehouse administration instruments will not discover these capabilities in Workday; neither will HCM customers on the lookout for HR purposes with complex scheduling requirements, advanced HCM controls, HR risk and compliance, or work-life solutions.

From financials to planning to provide chain, working with Workday means residing with resolution gaps—or, when you’re fortunate, with incomplete performance and partially built-in acquisitions. However, you’ve a alternative: get the capabilities you want from Oracle Cloud Purposes, or accept the likelihood that Workday will finally transfer this lacking performance from slideware to software program.

5. One truth is price a thousand guarantees

It is more and more clear that Workday has quite a bit driving on its future roadmap—about capabilities, completeness, and giving clients a transparent path to scale, compete, and succeed.

Perhaps Workday will ship on that roadmap—or perhaps it will not. Both approach, when your corporation runs on Oracle, you’ll be able to cease betting on a vendor’s guarantees, and begin relying on exhausting info:

The examples go on and on. It merely comes right down to this: Oracle delivers. Workday is incomplete.

Organizations operating their companies within the Oracle Cloud have streamlined processes, empowered their workers, made their groups extra nimble, elevated buyer satisfaction, and fueled progress—simply check out our thousands of success stories and analyst reports throughout the domains of ERP, EPM and HCM.

We are able to’t consider a extra ringing endorsement than that.

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