About Workday

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About Workday Workday is the leader in enterprise-class, Software-as-a-Service (SaaS) solutions for managing global businesses, combining a lower cost of ownership with an innovative approach to business applications. Founded by PeopleSoft veterans Dave Duffield and Aneel Bhusri, Workday provides unified Human Capital Management, Payroll, and Financial Management solutions designed for today’s organizations and the way people work. Delivered in the cloud and leveraging a modern technology platform, Workday offers a fresh alternative to legacy ERP. More than 200 customers, spanning mid-sized organizations to Fortune 500 businesses, have selected Workday. “I started Workday to bring passion and customer focus back to the business of enterprise applications.” Dave Duffield, Co-founder & CEO, Workday Real SaaS: A New Day, A Better Way Workday was started with a very simple premise: We can do better. Using the latest technologies available, Workday is able to provide your organization with advantages that were never possible with heavyweight, rigid on-premise systems. Lower Total Cost of Ownership SaaS is the latest evolution of technology delivery models that can provide cost savings and additional business value to your organization. With SaaS, there is no hardware, software, middleware, database, or business intelligence tools to buy, install, or maintain. Enterprise applications can be accessed anytime, anywhere, via the Internet, shifting the cost and burden of managing the underlying IT infrastructure and operations from you, the customer, to Workday. Rapid Deployment and Faster Time to Value Gone are the elongated implementations and endless upgrade cycles of traditional on-premise ERP. Workday deployments can start immediately and are delivered on time and on budget—a track record almost unheard of with legacy on-premise applications. Through the SaaS delivery model, Workday’s solutions are less complex, more cost-effective, and much simpler and faster to deploy. Why Workday? Real, enterprise-class SaaS Built for the global enterprise Consumer Internet-like user experience Embedded real-time analytics Modern and adaptive technology foundation Leadership with a proven track record Commitment to customers Key Benefits Faster time to value and rapid delivery of innovation Predictable and on-going cost savings Agility at the speed of business Global business management and visibility Higher user adoption and empowerment Improved HR, Finance, and IT productivity Workday Solutions Human Capital Management Global Human Resources Management Global Talent Management Payroll Workday Payroll Payroll Co-Sourcing Services Cloud Connect for Third-Party Payroll Initiatives Spend Management Procurement Expenses Contingent Labor Financial Management Accounting and Financial Reporting Management Reporting and Analysis Governance and Compliance Cash Management

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Workday is the leader in enterprise-class, Software-as-a-Service (SaaS) solutions for managing global businesses, combining a lower cost of ownership with an innovative approach to business applications. Founded by PeopleSoft veterans Dave Duffield and Aneel Bhusri, Workday provides unified Human Capital Management, Payroll, and Financial Management solutions designed for today’s organizations and the way people work. Delivered in the cloud and leveraging a modern technology platform, Workday offers a fresh alternative to legacy ERP. More than 200 customers, spanning mid-sized organizations to Fortune 500 businesses, have selected Workday.

Transcript of About Workday

Page 1: About Workday

About WorkdayWorkday is the leader in enterprise-class, Software-as-a-Service (SaaS)

solutions for managing global businesses, combining a lower cost of ownership

with an innovative approach to business applications. Founded by PeopleSoft

veterans Dave Duffield and Aneel Bhusri, Workday provides unified Human

Capital Management, Payroll, and Financial Management solutions designed

for today’s organizations and the way people work. Delivered in the cloud and

leveraging a modern technology platform, Workday offers a fresh alternative

to legacy ERP. More than 200 customers, spanning mid-sized organizations to

Fortune 500 businesses, have selected Workday.

“I started Workday to bring passion

and customer focus back to the

business of enterprise applications.”Dave Duffield, Co-founder & CEO, Workday

Real SaaS: A New Day, A Better WayWorkday was started with a very simple premise: We can do better.

Using the latest technologies available, Workday is able to provide your

organization with advantages that were never possible with heavyweight,

rigid on-premise systems.

• Lower Total Cost of Ownership

SaaS is the latest evolution of technology delivery models that can provide

cost savings and additional business value to your organization. With

SaaS, there is no hardware, software, middleware, database, or business

intelligence tools to buy, install, or maintain. Enterprise applications can

be accessed anytime, anywhere, via the Internet, shifting the cost and

burden of managing the underlying IT infrastructure and operations from

you, the customer, to Workday.

• Rapid Deployment and Faster Time to Value

Gone are the elongated implementations and endless upgrade cycles of

traditional on-premise ERP. Workday deployments can start immediately

and are delivered on time and on budget—a track record almost unheard

of with legacy on-premise applications. Through the SaaS delivery model,

Workday’s solutions are less complex, more cost-effective, and much

simpler and faster to deploy.

Why Workday?

• Real, enterprise-class SaaS

• Built for the global enterprise

• Consumer Internet-like user experience

• Embedded real-time analytics

• Modern and adaptive technology foundation

• Leadership with a proven track record

• Commitment to customers

Key Benefits

• Faster time to value and rapid delivery of innovation

• Predictable and on-going cost savings

• Agility at the speed of business

• Global business management and visibility

• Higher user adoption and empowerment

• Improved HR, Finance, and IT productivity

Workday Solutions

• Human Capital Management

◦ Global Human Resources Management

◦ Global Talent Management

• Payroll

◦ Workday Payroll

◦ Payroll Co-Sourcing Services

◦ Cloud Connect for Third-Party Payroll

• Initiatives

• Spend Management

◦ Procurement

◦ Expenses

◦ Contingent Labor

• Financial Management

◦ Accounting and Financial Reporting

◦ Management Reporting and Analysis

◦ Governance and Compliance

◦ Cash Management

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• Continuous Innovation and Adoption

Workday eliminates the cost and complexity associated

with traditional upgrades by rapidly delivering easy-to-

adopt updates three times a year. By providing smaller,

more easily consumable updates, Workday gives you

the ability to control the rate of functionality absorbed.

There is no risk of becoming locked on outdated versions

of an application.

• Enterprise-Class Security and Operations

Workday is a trusted partner for large enterprises

wanting to take advantage of the many benefits of SaaS.

Rest easy knowing that Workday adheres to the highest

standards and continually passes the toughest third-party

security audits and certifications in the industry, including

ISO 27001, SAS70 Type II, and Safe Harbor. From world

class data center operations to rigorous physical, network,

application, and data level-security, Workday ensures

the safety of your sensitive data with enterprise-class

reliability and performance.

Built for the Global EnterpriseNo longer do you need to implement multiple instances

of your applications to support differing languages,

currencies, formats, or regulations. Workday starts

from a foundation that assumes a globally distributed

organization and workforce. An adaptable global core

supports everything your business needs to manage

your company efficiently as a whole while still adhering

to local requirements. With Workday, you can increase

visibility into your global workforce and financial results,

align people and work to business objectives, and

optimize your talent deployment around the world.

Consumer Web 2.0 User ExperienceA modern, simple-to-understand user interface facilitates

rapid end-user adoption, enabling even the novice user

to get around the system with minimal training. Workday

provides a consumer Internet-like user experience to

deliver strategic insights that are actionable by managers

and improve operating results. Administrators and

executives around the globe can get status updates in

real time, and employees can quickly access information

about themselves, their company, or their work—all from

a single, unified system.

Workers can also get instant access to the system through

their mobile devices, including the iPhone®, the iPad®, or

any other device with a web browser. All Workday mobile

apps adhere to the exact same security protocols and

provide the same streamlined, easy-to-use interface.

Embedded Real-Time AnalyticsWorkday inherently comes with the ability to view, analyze,

and take action on data right from the source—without the

need for an additional bolt-on analytics system. By utilizing

the data that is already stored in the system, business

users and administrators alike can access the information

they need to perform their jobs more effectively. IT can be

freed from the tedious task of writing queries and running

reports, but still be confident users can only create reports

on data they have permission to see.

Contextual information is available to inform immediate

business process decisions, and most aggregated numbers

can be drilled into for more detail. By presenting

information when it’s relevant and removing the barriers

to action, Workday can help your workforce be better

informed, make informed choices, and get business done

more efficiently.

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Modern and Adaptive Technology FoundationToday’s enterprises are constantly evolving to keep up with

changing regulations, economic tides, and an increasingly

distributed and mobile workforce. Rigid, complex ERP

systems simply weren’t designed to keep pace with today’s

businesses and therefore struggle to do so. Workday can

grow, change, and evolve to support the needs of your

global enterprise. No coding is ever required because

configuration options are simple to set up or maintain by

any business user with the appropriate permissions.

Workday accomplishes this adaptability by leveraging

several technology innovations. Thanks to objects,

Workday can represent real-world entities—employees,

benefits, budgets, organizations, etc.—so you can

avoid the technical complexity of trying to manage

a relational database. Workday also leverages in-

memory data management for speed and efficiency as

well as standardized web services—today’s standard

for inter-system communication—so data can be easily

communicated with other applications.

Additionally, Workday delivers a powerful business process

configuration tool that enables you to define business

processes and rules and ensure they are adhered to. You

can establish consistency across organizations or address

specific needs in different organizations. You can also

easily reconfigure business processes at any time. Finally,

you can monitor and audit all of your business processes

and transaction statuses to ensure control, visibility, and

compliance throughout your entire global organization.

Workday SolutionsWorkday delivers business management solutions that

take advantage of the best of what today’s technology

has to offer.

Human Capital Management (HCM)

Workday Human Capital Management is the leading

enterprise-ready, unified HR and Talent Management

cloud solution on the market today. By combining HR

and Talent Management in the same solution, Workday

can provide you with unique insights and capabilities

unavailable in standalone solutions.

• Global Human Resources Management

Workday Global Human Resource Management is

designed to help you organize, staff, and pay your

global workforce.

◦ Workforce Lifecycle Management

◦ Organization Management

◦ Compensation Management

◦ Absence Management

◦ Employee Benefits Administration

◦ Cloud Connect for Benefits

• Global Talent Management

Workday Global Talent Management works seamlessly

with Workday Global Human Resource Management to let

you align, assess, reward, and develop your workforce—all

from a single, unified solution.

◦ Accounting and Financial Reporting

◦ Management Reporting and Analysis

◦ Governance and Compliance

◦ Cash Management

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Workday, Inc. | 6230 Stoneridge Mall Road | Pleasanton, CA 94588 | United States 1.925.951.9000 | 1.877.WORKDAY (1.877.967.5329) | Fax: 1.925.951.9001 | www.workday.com

© 2011. Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders.

Payroll Solutions

Workday offers multiple payroll options to meet your

global payroll needs. From an advanced, innovative

approach to U.S. payroll to partnerships and integration

with leading global payroll providers, you can effectively

and accurately pay your people anywhere around the

world with Workday Payroll Solutions.

• Workday Payroll allows you to group employees,

manage calculation rules, and pay employees according

to their organizational, policy, and reporting needs.

• Payroll Co-Sourcing Services are now available through

OneSource VHR to help you securely and confidently

pay your workers while outsourcing settlement

services, tax administration, and garnishment

administration to a trusted service provider.

• Cloud Connect for Third-Party Payroll allows companies

to more easily build and maintain integrations with

third-party payroll solutions.

Initiatives

Workday Initiatives allows you to focus on all of the

critical components that make your company successful:

people, time, resources, and work. Utilizing Workday as

the system-of-record for the work being done in your

company, you can increase visibility, improve efficiency,

and draw real connections between goals, initiatives,

results, performance, and rewards.

◦ Plan Work

◦ Staff Work

◦ Track Work

◦ Monitor Costs and Progress

◦ Analyze Work Results

Spend Management

For people-centric businesses, virtually all spending is

by, on, and for workers. Workday Spend Management

simplifies and connects the key business processes

involving workers and spending—spanning the traditional

silos of HR, Procurement, and Expense Management

to provide insight and control over spending while

optimizing your company’s investment in human capital.

◦ Procurement

◦ Employee Expense Management

◦ Contingent Labor

Financial Management

Disjointed, rigid, and hard to use, traditional ERP can no

longer pretend to be the best solution on the market.

Workday Financial Management is the only financial

solution designed this century and built to meet the

specific needs of today’s finance organizations.

◦ Accounting and Financial Reporting

◦ Management Reporting and Analysis

◦ Governance and Compliance

◦ Cash Management

Don’t Be Left BehindWorkday is reinventing business applications to help

organizations run more effectively. If your organization

is feeling constricted by legacy systems, consider the

advantages you can reap by adopting a unified, global

business management solution. With an innovative, fresh

foundation and a SaaS delivery model, you can invest in a

solution that can grow and adapt with your organization

over time. Leave behind the legacy systems of the past

and forge into the future with Workday.

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