HI David, Further to this would suggest following article they are good: http://blogs.zdnet.com/BTL/?p=5983#more-5983 http://blogs.zdnet.com/Howlett/?p=128
Thanks With best regards, Vikrant -----Original Message----- From: David E Jones [mailto:[EMAIL PROTECTED] Sent: Wednesday, January 16, 2008 3:10 AM To: [email protected] Subject: Re: Workday I would be really interested in hearing more from Vikrant about what he likes about Workday. If you're listening in Vikrant, please do write more about what parts of the Workday approach you like. For my part I have looked into it a little bit and I think their approach is great. More specifically what I like is the idea of creating a software suite for a particular type of business that basically does everything that such a business would need. Doing just this sort of thing as a derivative work based on OFBiz has been part of the long-term strategy from the beginning. The accounting piece would benefit from this, but in a way that is similar to how all other parts would benefit. That benefit is reducing redundant data and tying things together directly that might otherwise be in different systems. For accounting this is great because you don't need to introduce so many artificial structures to take partial data from other systems that is needed for operations or reporting, especially ad-hoc reporting when creating a data warehouse to consolidate data from multiple systems is not really a tenable approach. The "cost centers" thread that was active recently is a good example of partially redundant data that is necessary because of separate systems and a light integration between them. I don't know if that is what Vikrant liked about Workday, but that is something that struck me as I was reviewing the public material available. -David On Jan 11, 2008, at 2:59 AM, Jacques Le Roux wrote: > Hi all, > > I recently had an exchange with Vikrant Rathore about new accounting > efforts. I think it is worth to be reported, here it is > > Vikrant : Have a look at http://www.workday.com/ I would prefer to > implement finance in their way not the traditional ERP way. > > Me : What is so specific in their offer apart it's an ASP ? > > Hi Jacques, > > In financial component they combined 5 major parts of Finance: > 1. GL Management (ofbiz is still working on to implement it) > 2. Reporting (both statutory and financial management related) > 3. Auditing > 4. Budgeting and tracking. > 5. Asset Management. > > Normally none of the Financial Management system itself comes close > to it. As you have to buy separate software to do it. Besides this > the way they presented the whole solution is more business oriented > then technical jargon oriented which is what most ERP's do. > > So I feel there way of doing Financial Management linked to all the > other parts of business is a good implementation. You do not need a > separate budgeting, asset management, reporting and auditing > requirements (for SOX compliance). Everything comes out of the box. > I haven't seen such a offering either by SAP business byDesign or > Netsuite and I guess ofbiz can do it since it's a single data model > but no component is there to address it. > > Regards, > Vikrant
