About Workday
description
Transcript of 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
• Financial Management
◦ Financial Accounting
◦ Supplier Management
◦ Revenue Management
◦ Business Asset Management
◦ Cash Management
• 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.
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.
◦ Goal Management
◦ Performance Management
◦ Succession Planning
◦ Career and Development Planning
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 of goods, services, and contingent labor
◦ Employee expense management
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.
◦ Financial Accounting
◦ Supplier Management
◦ Revenue Management
◦ Business Asset Management
◦ 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.