Did you know many companies leave cash on the table because their finance operations aren’t connected or automated? At Tesorio, we believe AI isn’t just a buzzword—it’s essential to building capital-efficient businesses. By leveraging AI to automate processes and aggregate data, Tesorio helps organizations operate more efficiently and make informed decisions.

A new press release just dropped, highlighting Workday Ventures and their latest investments in AI, including Tesorio. This marks a significant moment for the future of finance, where AI is becoming a crucial tool in transforming business operations. Below is a quick summary of the announcement, showcasing how these investments are set to fuel smarter, faster, and more connected finance operations. You can view the full press release here or continue reading the key highlights below.

Driving AI Innovations for Better Business Outcomes

As organizations adapt to a rapidly changing work environment, the need for effective AI solutions has never been greater. Workday Ventures aims to bridge the gap between emerging technologies and practical applications that enhance productivity and support critical business decisions. Michael Magaro, senior vice president of corporate growth at Workday, stated, "By partnering with visionary AI companies, we are investing in the latest technologies that will help drive our customers and the industry forward."

Spotlight on Recent Investments

Workday Ventures has strategically aligned with several innovative AI companies, each designed to tackle specific challenges faced by modern organizations:

• Censia: A talent intelligence platform that provides AI-powered insights into employee skills.
• Glean: An AI platform that connects company data, facilitating knowledge discovery and content generation.
• Nayya: A benefits intelligence platform empowering employees to make informed decisions about their benefits.
• Sana: Focused on enhancing knowledge sharing within organizations.
• TechWolf: Offers an AI-driven skills infrastructure to identify and develop workforce capabilities.
• Uplimit: Revolutionizes education creation and delivery through AI-driven online learning.
• Benepass: A flexible benefits platform streamlining spending accounts onto a single card.
• Oro Labs: Specializes in procurement management and supplier onboarding.
• Tesorio: An AI-powered platform for connected finance operations, optimizing cash flow and collaboration.
• Vanta: Automates security and compliance processes for organizations.

These investments align with Workday's vision to simplify business processes, enabling organizations to respond more quickly and effectively to market demands.

Expanding the Workday Ecosystem

Through the Built on Workday program, these innovative technologies will be more accessible, allowing partners to build and market applications via the Workday Marketplace. Many of these companies will also feature in the Workday AI Marketplace, ensuring compliance with the Workday Responsible AI Governance Framework.

Conclusion

Workday's ongoing investment in AI technologies reinforces its commitment to empowering organizations to navigate the complexities of modern business environments. By integrating these solutions, Workday aims to enhance operational efficiency and drive growth for its customers.

For more details, you can read the full press release here.