Kainos Group Plc · LSE:KNOS
Kainos — Technical Presentation (2022)
49 slides from Kainos's technical presentation, 2022
Slide 1: Workday FINS: Increase Efficiency and Insights with 2022R1
WORKDAY FINS: INCREASE EFFICIENCY AND INSIGHTS WITH 2022R1
Slide 2: Hello!
Hello! Dominik Loeffler Patrycja Szczepkowska Change Lead EMEA Workday Financials Consultant Joshua Tanton Eimear McGuigan Workday Financials Consultant Workday Financials Consultant
Slide 3: Agenda
Agenda About Kainos Efficiency Compliance Insights Q&A
Slide 4: We're Kainos
We’re Kainos We overcome big challenges for businesses, using the best in talent and technology. Kainos 35 years 17 offices meaning new, of going beyond across Europe and fresh and innovative for our customers North America and our people 2,438 people 465 customers £235 million who thrive on across
Slide 5: Kainos & Workday
Kainos & Workday Kainos is the leading provider of Workday services and test automation Workday partner since 2011 220+ Kainos Smart customers 400+ certified Workday 80+ Workday AMS customers consultants 70+ Phase 1 Workday-recognized leading deployments globally Adaptive Planning practice 1,000+ HC
Slide 6: Safe Harbour
Safe Harbour This presentation contains statements which are based on information available at the time of broadcast. The features and functionality we refer to today could differ materially from those released during the Workday update. It’s possible that some may be delayed or withdrawn altogether
Slide 7: Discussion Framework
DISCUSSION FRAMEWORK Dominik Loeffler Change Lead EMEA
Slide 8: We have proposed 3 key questions
We have proposed 3 key questions Who is impacted? What’s the level of What’s the business impact? value?
Slide 9: Who is impacted?
Who is impacted? Workday AP/AR and Managers Admins FP&A Specialists Supplier Project Employees Managers Managers
Slide 10: What is the Level of Impact?
What is the Level of Impact? High Major change, affecting a large number of people in your organization AND/OR providing a significantly high benefit/enhancement Medium Moderate change, affecting a limited number of people AND/OR providing a targeted benefit/enhancement Low Gradual change, affecting
Slide 11: Efficiency
EFFICIENCY Eimear McGuigan Workday Financials Consultant
Slide 12: Project Manager Hub
Project Manager Hub Notes: Summary Benefits • Configure Domain • Workday now provides a central hub • Provides recommendations Security Policies where project managers have for tasks to carry out. access to all their projects in one • Maintain Hubs task – place. • Configurable navigation Project Man
Slide 13: Project Manager Hub
Project Manager Hub Summary Benefits
Slide 14: Project Manager Hub
Project Manager Hub Summary Benefits
Slide 15: Override Document Delivery Type
Override Document Delivery Type Notes: Summary Benefits • You can choose to do • Can configure different • No longer need to nothing, and the delivery types for customer manually update the delivery type will invoices created from billing customer profile to default based on the schedules. This mean
Slide 16: Override Document Delivery Type
Override Document Delivery Type Summary Benefits
Slide 17: Override Document Delivery Type
Override Document Delivery Type Summary Benefits
Slide 18: Route Supplier Invoices Through Management Chain
Route Supplier Invoices Through Management Chain Notes: Summary Benefits • If you don’t select Enable • You can now update the supplier • No longer need to create multiple Management Approval, invoice business process to route roles to approve invoices Chain Routing, or update, invoices through mana
Slide 19: Route Supplier Invoices Through Management Chain
Route Supplier Invoices Through Management Chain Summary Benefits
Slide 20: Export High-Volume Journal Lines
Export High-Volume Journal Lines Notes: Summary Benefits • Can use generic • A new integration template has • Increased efficiency around journal fields but been created called ‘Financial month-end can also create Journal Lines Outbound calculated fields Connector’ which allows you to • Improves vis
Slide 21: Export High-Volume Journal Lines
Export High-Volume Journal Lines Summary Benefits
Slide 22: Export High-Volume Journal Lines
Export High-Volume Journal Lines Summary Benefits
Slide 23: Export High-Volume Journal Lines
Export High-Volume Journal Lines Summary Benefits
Slide 24: Asset Depreciation Reporting and Usability
Asset Depreciation Reporting and Usability Notes: Summary Benefits • Feature is automatically • Workday now enables you • Various overall available to create depreciation improvements to how asset schedules for assets, depreciation is reported on • These updates will only providing an improved and i
Slide 25: Asset Depreciation Reporting and Usability
Asset Depreciation Reporting and Usability • Summary The useful life is displayed on the books tab when the Benefits depreciation method is term • Historical depreciation is now accounted for in period zero on the depreciation schedule • The rounding of depreciation expense lines is now predictable
Slide 26: Compliance & Control
COMPLIANCE & CONTROL Patrycja Szczepkowska Workday Financials Consultant
Slide 27: Invoice Charge Control on Supplier Contract
Invoice Charge Control on Supplier Contract Notes: Summary Benefits • Configure Optional Fields task for • New Maximum and Minimum Charge • More efficient control over Supplier Contract Control fields on supplier contract supplier invoice charges, cash Event – clear the • Available on Contract Heade
Slide 28: Invoice Charge Control on Supplier Contract
Invoice Charge Control on Supplier Contract Summary Benefits * Custom Labels for Charge Control will be available in March
Slide 29: Invoice Charge Control on Supplier Contract
Invoice Charge Control on Supplier Contract Summary Benefits
Slide 30: Multiple Purchase Order Acknowledgements for PO Lines
Multiple Purchase Order Acknowledgements for PO Lines Notes: Summary Benefits • Multiple purchase order • Opt-Out (Disable acknowledgements (POAs) for a • Improved control of Purchase Order single purchase order line the delivery commitments Acknowledgements • Feature is available on Purchase • Bett
Slide 31: Multiple PO Acknowledgements
Multiple PO Acknowledgements Summary Benefits Note: new /unique Supplier Acknowledgement Number is needed if another new acknowledgment is provided by integration
Slide 32: Multiple PO Acknowledgement
Multiple PO Acknowledgement Summary Benefits
Slide 33: Expense Reporting for Candidates
Expense Reporting for Candidates Notes: Summary Benefits • Expense Report for Non-Worker • No need for manual • Segmented Security includes Candidates workarounds and ad hoc can be used to • Maintain Payment Elections task is payments control access to available for Candidates • Enables track and an
Slide 34: Expense Reporting for Candidates
Expense Reporting for Candidates Summary Benefits
Slide 35: Insights
INSIGHTS Joshua Tanton Workday Financials Consultant
Slide 36: OfficeConnect for Workday Financials
OfficeConnect for Workday Financials Notes: Summary Benefits • Limit of <100m • Connect directly to your live • Combine Workday and Non- Journal Lines per Journal line data directly from Workday data sets to create new year Excel insights • Tenant is NOT in • Create ad hoc or repeatable • Leverages
Slide 37: OfficeConnect for Workday Financials
OfficeConnect for Workday Financials Summary Benefits
Slide 38: OfficeConnect for Workday Financials
OfficeConnect for Workday Financials Live Data Hierarchies From Dimensional Analysis Workday
Slide 39: Journal Line Anomaly Feedback
Journal Line Anomaly Feedback Notes: Summary Benefits • Sign up to Financial • Improvements to Anomaly • Additional insight from prior Management Feedback as released in actions taken for anomalies innovation services 2021R2 agreement • Streamline your review process, • Visibility into historical ta
Slide 40: Journal Line Anomaly Feedback
Journal Line Anomaly Feedback Summary Benefits
Slide 41: Expense Protect
Expense Protect Notes: Summary Benefits • Contact your CSM • Provides a real time review and • Obtain insights into expense to obtain and sign audit of your expense reports anomalies the innovation services agreement • Review anomalies for amount and • Quickly and easily identify incorrect expense i
Slide 42: Expense Protect
Expense Protect 1. Identify 2. Review 3. Action
Slide 43: Some Highlights … OfficeConnect for Workday Financials
Some Highlights … OfficeConnect for Workday Financials Impacts Financial Analysts – data analysis based on real time Workday Data at your fingertip in Excel 43
Slide 44: Some Highlights … Expense Reporting for Candidates
Some Highlights … Expense Reporting for Candidates Impacts HR Managers/Recruiters/ Expense Partners– creating full transparency about the cost of hire, including hire-related expenses, without the need to reconcile data outside Workday 44
Slide 45: Some Highlights … Project Manager Hub
Some Highlights … Project Manager Hub Impacts Project Managers–a single spot for ful overview of their projects without the need to search across different screens! 45
Slide 46: Free of Charge 1:1 Optimising Workday Strategy Sessions
BOOK NOW FREE OF CHARGE 1:1 OPTIMISING WORKDAY STRATEGY SESSIONS Visit: kainos.com/optimize-workshops
Slide 47: Zero Cost Workday Test Sessions
BOOK NOW ZERO COST WORKDAY TEST SESSIONS Visit: go.kainos.com/fins-test
Slide 48: Q&A
Q&A
Slide 49: Thank You
THANK Did YOU you know? Kainos has an automated testing tool that can cut effort by 80%