The core financial management suites market is transitioning from traditional on-premises deployment to cloud services.
All vendors included in this Magic Quadrant sell and support cloud core financial management suites.
However, to be included in this Magic Quadrant, vendors must actively sell and market their solutions outside their home region, which means that every vendor in this Magic Quadrant operates internationally, if not globally.
Workday is a Leader in this Magic Quadrant due to its proven and robust cloud service, strong financial functionality and innovative use of technologies to support finance transformation.
Application leaders in midsize, large and global enterprises should use this new Magic Quadrant to identify viable solutions for moving core finance processes to the cloud.