Case Study: Opera builds an AI-ready finance foundation with Workday

Opera cuts balance sheet reconciliation from 3-4 days to one refresh with Workday

Opera, a technology company known for its AI-powered browsers, faced the challenge of building a robust financial foundation to meet strict SOX compliance after listing on NASDAQ. They needed to move away from manual, Excel-based processes to create a well-controlled, auditable environment that could also safely support future AI innovation. To address this, they partnered with vendor Workday to implement its financial management system.

The solution involved consolidating finance and HR processes onto the Workday platform. This included replacing Excel-based balance sheet reconciliations with Workday Worksheets, Live Reports, and transaction matching. The results were significant, with reconciliation times slashed from three or four days per entity to a single report refresh. This efficient foundation allowed Opera to later introduce AI capabilities like Workday Contract Intelligence, powered by Evisort AI, to automate contract validation and pre-fill fields, paving the way for further AI-driven automation.

Opera