Workday gives debt collectors predictive analytics software

Dan Ring | April 19, 2016

Workday gives debt collectors predictive analytics software
Workday is now supplying organizations with advanced predictive analytics software to help them forecast which customers are least likely to pay their bills on time. In its latest update, called Workday 26, the provider of enterprise cloud applications for finance and human resources includes a "customer collections dashboard" for users. The dashboard offers predictive analytics software to help in collection of outstanding receivables, said Betsy Bland, vice president of financial management products at Workday.

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Open-source and Home-grown Solutions are Popular but Firms Recognize Limitations. 26% of the respondents said they were considering the use of open-source or in-house developed solutions for real-time analytics.


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