Zuora, Inc., a leader in monetization platforms for modern enterprises, has expanded its partnership with Workday, Inc. to simplify how companies manage complex revenue streams. The collaboration integrates Zuora’s order-to-cash automation with Workday Financial Management, providing consumer-facing businesses with a more efficient way to handle diverse billing models, from subscriptions and usage-based pricing to special promotions and hybrid offerings.
As organizations adapt to shifting customer expectations, billing and revenue processes have grown increasingly complicated. The partnership aims to address these challenges by uniting Zuora’s monetization capabilities with Workday’s financial backbone. Together, the platforms will enable businesses to better track revenue, remain compliant with accounting standards, and expedite audits through automated reporting.
“Today’s announcement highlights our continued commitment to Zuora and Workday customers, combining Workday’s trusted financial backbone with Zuora’s intelligent monetization engine to optimize the order-to-cash process,” said Todd McElhatton, chief operating and financial officer at Zuora. “Together, we’re empowering finance to be a stronger strategic partner to the business, armed with the unified view of financial data necessary to go to market even faster.”
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The certified Zuora Connector for Workday Financial Management operates as a specialized sub-ledger in Workday Accounting Center, seamlessly feeding records into Workday’s general ledger. This integration provides organizations with a single source of truth, reducing manual entry and enhancing accuracy across financial operations.
“Accuracy is a constant challenge for companies managing complex revenue streams,” added Rob Enslin, president and chief commercial officer at Workday. “Our partnership with Zuora will provide customers with a single, reliable view of their financial data – making it easier to operate efficiently, no matter the business model.”
