In July 2013, Brown University took a lead role in innovation, becoming the first institution of higher education to go live with Workday Financials. This unified system (includes Human Capital Management) modernizes and improves the way Brown delivers financial management services to all members of the University community. With Workday Financials, business processes are streamlined, automated, and more transparent. In addition, Brown’s financial leaders now have better and easier access to data for planning, reporting, and analysis.
Workday Financials also gave us the opportunity to redefine Brown’s Chart of Accounts. The new Financial Data Model for Brown:
- Meets financial reporting and management needs
- Enables standardization of financial data and reporting
- Provides greater transparency and easier access to financial information
- Improves decision making with better data to support all financial transactions
For more helpful Workday resources such as spend categories, program codes, and sales items, visit General Accounting.
Please also visit [email protected] for more information, including job aids and screencasts.