Workday Financials

Welcome

Welcome to the Workday Financials Project Page!

Thank you for visiting. This page is your central resource for all project updates and information. Please bookmark this page and check back often for details on upcoming changes, training opportunities, employee support, and important announcements as the project evolves. 

 

About the Workday Financials Project

The Workday Financials project has been kicked off in March 2025. The Workday Financial modules are scheduled to go live in the Summer of 2026 (FY 2027). To learn more about the project, the Workday Financials module, and the benefits the module will bring to NEIU and its employees, review the Workday Financials Project Story

 

Strategic Vision

Organizational Agility

The project team focuses on creating more agile financial business processes powered by Workday.

Transparency

Ongoing, transparent communication among the project team, NEIU employees, the implementation partner (Alchemy), and all contributing groups is essential for the project’s success.

Day One Usage

A shared vision of desired outcomes guides every decision—from system access and security to reporting needs—ensuring Workday is ready and effective from the day Workday and the new business processes go live (currently, scheduled for the Summer of 2026 - FY 2027).

Day One Readiness also applies to Workday user preparedness. This means that every impacted system user - from students to vendors - is committed to following the new business process and can use Workday functionality as part of their daily operations.

 

Project Goals

Improved Efficiency

Establish streamlined financial operations that will lead to more efficient business processes.

Allow for Institutional Growth

Improve financial operations by automating and streamlining the core financial processes. 

Enhanced Reporting Capabilities

Achieve real-time data access and analytics, providing greater insights for decision-making.

User-Friendly Experience

Create a modern, intuitive interface that will make it easier for staff to navigate and complete tasks.

Increased Digital Modernization and Agility

Gain the ability to adapt to changes in the financial landscape or regulatory requirements quicker and with less risk.

 

What's In It for You?

As we begin implementing Workday Financials, I want to highlight the significance of this transformation and how it will benefit our NEIU community. This new system will streamline and modernize financial processes, making them more efficient, transparent, and user-friendly.

Employees who use ESM and Chrome River will notice a major improvement—Workday unifies purchasing into one intuitive system for creating requisitions, tracking orders, and managing vendors.

Workday also provides real-time visibility into budgets and spending, empowering departments to make more informed financial decisions. With centralized data, we’ll gain a unified, accurate view of our finances, improving collaboration and reducing errors.

Enhanced compliance tracking through Workday’s built-in audit trail will simplify audits and ensure adherence to policies and regulations. Additionally, automation and process optimization will help reduce costs and allow us to focus resources on NEIU’s mission and growth.

We recognize that change can be challenging, but comprehensive training, communication, and support will ensure everyone is prepared and confident. Your feedback is essential—please share questions or suggestions with the project team at workday-finance@neiu.edu

Thank you for your continued commitment. I’m excited about the opportunities Workday Financials will bring and how it will strengthen our ability to serve our faculty and staff.


Meet the Workday Financials Project Team

Click here to meet the Workday Financials project team.