The CES Approach: Advisory Meets Execution in Workday
At CES, we take an advisory-first approach, helping organizations unlock the full potential of Workday across finance and accounting. We combine business process expertise with Workday capabilities to streamline operations, improve compliance, and deliver actionable insights.
1. Driving Efficiency Across Core Finance Processes (R2R, P2P, I2C)
- Record-to-Report (R2R): Automating consolidations, reconciliations, and reporting so finance teams can close books faster with audit-ready accuracy.
- Procure-to-Pay (P2P): Optimizing vendor onboarding, approvals, and payments in Workday to reduce cycle times and errors.
- Invoice-to-Cash (I2C): Designing workflows that ensure accurate billing, faster collections, and compliance-driven revenue recognition.
2. Expense Management with Concur
Managing employee expenses can be time-consuming and error-prone. By integrating Workday with SAP Concur, CES helps organizations:
- Automate expense reporting and approvals.
- Enforce policy compliance with built-in controls.
- Gain visibility into employee spend for better budgeting and cost management.
3. Revenue Recognition with RevPro
Revenue recognition is a complex, compliance-heavy area. CES leverages RevPro alongside Workday to:
- Automate ASC 606 and IFRS 15 compliance.
- Align billing, contracts, and revenue schedules seamlessly.
- Provide real-time revenue reporting, improving accuracy and reducing audit risks.
4. Enhancing Security and Compliance
CES ensures Workday environments are secure and compliant by:
- Implementing strong role-based access and controls.
- Maintaining audit-ready records and reducing operational risks.
- Embedding financial governance into daily workflows.
5. Accounting and Adaptive Planning
Workday’s Adaptive Planning enables smarter, faster decision-making. CES helps leadership:
- Build real-time dashboards and KPIs.
- Use predictive models for forecasting and scenario planning.
- Gain a consolidated, forward-looking view of financial health.
6. Advisory on Business Process Transformation
Beyond Workday technology, CES brings deep finance and accounting expertise. We partner with organizations to:
- Rethink workflows and governance structures.
- Reduce process bottlenecks and embed automation.
- Enable finance teams to shift from transaction-heavy work to strategic insights.
A Workday Transformation Story
A mid-sized company struggled with slow closes, delayed reporting, and manual expense reconciliation.
Before CES:
- Financial reporting took weeks, with frequent exceptions.
- Expense claims and approvals were paper-heavy and inconsistent.
- Revenue recognition processes were manual, risky, and audit-intensive.
After CES Partnership:
- R2R, P2P, and I2C cycles were automated and optimized in Workday.
- Expense management integrated with Concur, reducing reimbursement cycles by 50%.
- RevPro ensured compliant, automated revenue recognition.
- Real-time dashboards provided leadership with visibility into spend, revenue, and forecasts.
Why CES for Workday Finance
- Proven expertise across R2R, P2P, I2C, Expense Management, Revenue Recognition, and Adaptive Planning.
- Deep Workday knowledge to automate, optimize, and provide actionable insights.
- Finance-first advisory to align technology with business outcomes.
- End-to-end partnership, from assessment to execution, ensuring lasting transformation.
For organizations looking to modernize their finance landscape, CES combines Workday expertise with business-first advisory to guarantee measurable outcomes and long-term value.