As already mentioned, all components are subject to the same mileage and wear. Therefore, all components in the synchronous drive should always be replaced at ...

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“As companies push more performance responsibility down to line managers, a planning tool integrated with the core financials transaction engine will drive agility in organizations and elevate the value of an integrated platform.”

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Workday believes the financial planning market is almost as large as the core financial management market, MacMillan said.

The on-demand financial and human capital management software vendor has a customer base of 2,600 companies, MacMillan said in a Tuesday note.

The company indicated there are an estimated 35,000-38,000 companies globally that would consider Workday’s products as viable solutions, the analyst said.

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Discussions with top management at Workday Inc (NASDAQ: WDAY) indicate a large market opportunity, an increase in adoption of core financials and the expansion of the financial planning segment, according to RBC Capital Markets.

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The improved adoption of core financials is being driven by several factors, including customers becoming increasingly comfortable putting core financials in the cloud; the product’s maturity; enhanced vertical capabilities; and a larger reference customer base, according to RBC.

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Although 40 percent of Fortune 500 companies are using Workday for HCM, most of the remaining 60 percent are yet to move to cloud HCM, MacMillan said.

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