Clari secures Workday as a strategic investor and partner
SUNNYVALE, California, July 15, 2021 / PRNewswire / – Clari, the leader in Revenue Operations, today announced that it has received a strategic investment from Business of the working day as an extension of its Series E investment cycle, and will join the Workday software partner program. Workday joins other Series E investors including Silver Lake Partners, B Capital Group, Sequoia Capital, Bain Capital Ventures, Sapphire Ventures, Madrona Ventures, Thomvest and Tenaya Capital.
“As a leader in revenue operations, Clari offers the transparency and thoroughness needed to generate breakthrough financial results,” said Alyssa Filter, CFO, Clari. “Workday Ventures ‘investment and our partnership with Workday will accelerate our ability to help transform businesses’ business operations to be more connected, efficient and predictable. “
Clari also announced her membership in the Workday Software Partner Program. The partnership will integrate Clari’s AI-based forecasting information with Adaptive workday planningfinancial planning and reporting workflows, providing businesses with greater predictability and visibility into future results. Workday selected Clari in 2019 to gain greater visibility and insight into its transaction pipeline execution and overall forecast.
“Businesses are facing increased pressure to generate predictable growth,” said Mark Peek, Managing Director and Head of Workday Ventures. “Workday and Clari will explore ways to combine forecasting and pipeline information with financial reporting systems to provide real-time business performance data to CFOs, increasing transparency and control.
Clari’s revenue exploitation platform improves efficiency, predictability and growth across the entire revenue process. Clari gives sales teams full visibility into their business, to drive process rigor, spot risks and opportunities in the pipeline, increase forecasting accuracy and improve overall efficiency. Thousands of sales, marketing and customer success teams at leading companies including Okta, Adobe, Zoom, and Finastra use Clari runtime insights to make their revenue process more connected, efficient and predictable . Visit us at clari.com and follow us @clari on LinkedIn.
About Workday Ventures
Business of the working day is the strategic investment arm of Workday, Inc., focused on accelerating the growth of emerging enterprise software companies that enhance the Workday customer experience and are complementary to Workday products and services. the $ 250 million fund was launched in February 2018 with investments in areas such as employee engagement and talent acquisition, robotic process integration and automation, strategic sourcing and expense analysis, and financial management.