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Workday Finance: General

Last Updated: 02/08/2018

Who is impacted by Workday Finance?

  • Workday Finance impacts any faculty or staff member who purchases internal/external goods or materials, performs expense reimbursements, or reconciles financial transactions. It also impacts any non-employee or student who receives reimbursement from the University.

Why did the University of Miami decide to change our existing legacy systems?

  • The University of Miami is committed to ensuring that we have the latest technology and tools so we remain competitive in the higher education market. In 2011, University of Miami leadership performed a thorough analysis to determine the best administrative information system available to the higher education and healthcare markets. The ERP Selection Core Team recommended the acquisition of Workday’s Human Resources and Finance modules. The ERP Executive Steering Committee reviewed the recommendation of acquiring Workday’s Human Resources and Finance modules and the University’s Board of Trustees approved the funding and implementation.