Why Choose Workday Financial Management, HR and Planning Software | Workday Features (2024)

FAQs

Why do companies choose Workday? ›

Workday is an efficient system that provides accurate data insights. It combines the external data with Workday data to provide the leaders with the required information and help them make proper decisions. With other systems, you may be caught up in obtaining obsolete data.

By combining finance and HR in one system, you can align your people and financial performance for a better, more complete picture of your business. Plus, with just one application to manage you get more control of your data, processes, and costs. Better insights.

Build a workforce that's made to adapt. Workday human resource management software allows you to do more than just manage and track your workforce. We provide a complete understanding of your workforce, skills, and capabilities.

Workday Adaptive Planning enables you to quickly model the most complex scenarios so you can keep up as your business grows—all without compromising performance or ease of use.

Embedded, actionable, real-time analytics Workday provides a single, actionable view of your business, from financials to the people in your workforce. Workers can securely access insights when they need them, collaborate and take action – all without leaving Workday.

The integrated nature of the product is the top reason that we went with Workday. It allows for more seamless processes and more cohesive end user experiences. We went with more modules then we initially had planned for because of the value we saw in the single system vs multiple third party options.

Workday is a powerful tool that helps organizations manage nearly every aspect of their workforce, including time tracking, compensation, talent and reporting. Best for medium-to-large-sized businesses, it streamlines workforce management under one tool.

Benefits of Using Workday

Increased Efficiency: Streamlined processes and integrated data save time and resources. Improved Visibility: Gain real-time insights into your financials and workforce for better decision-making. Enhanced Employee Experience: Empower employees with self-service tools and intuitive interfaces.

Workday is touted as one of the best HR systems in the world as it helps in raising HR and payroll compliance and boosting efficiency all over different organizations.

Support enriching employee experiences, gain deeper insight, and improve your organization's effectiveness. With one HR system from Workday, you can bring true value to the business.

Who is Workdays' biggest competitor? ›

Meet Workday Human Capital Management (HCM). With Workday AI at its core, it's an intelligent, flexible suite of HR applications that work better together. An unmatched skills intelligence foundation.

The adaptive workforce planning solutions from Workday connect HR, finance, and operations. This gives HR a 360-degree picture of workforce planning, allowing them to understand how a circ*mstance, such as an anticipated recruiting bottleneck in the company's industry, would affect each department.

Key Benefits of Workday Learning:

Learner transcript and learning paths encourage shared responsibility for success. Easier access and management of training, all in one place!

Workday provides a full suite of payroll and benefits applications, such as time tracking, payroll management, advanced analytics, HR management and data visualization reports. Workday's strongest feature is its strong enterprise architecture, which allows businesses to complete all their HR needs from one system.

The work culture and values of workday.com really align with my own personal values, and I believe that I would thrive in such an environment. Plus, the opportunity to work with such innovative and cutting-edge technology is very exciting to me.