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.
Value Proposition canvas- Customer needs and pains
About Workday
1. About Workday
Workday is the leader in enterprise-class, Software-as-a-Service (SaaS) Why Workday?
solutions for managing global businesses, combining a lower cost of ownership • Real, enterprise-class SaaS
with an innovative approach to business applications. Founded by PeopleSoft • Built for the global enterprise
veterans Dave Duffield and Aneel Bhusri, Workday provides unified Human • Consumer Internet-like user experience
• Embedded real-time analytics
Capital Management, Payroll, and Financial Management solutions designed
• Modern and adaptive technology
for today’s organizations and the way people work. Delivered in the cloud and
foundation
leveraging a modern technology platform, Workday offers a fresh alternative
• Leadership with a proven track record
to legacy ERP. More than 200 customers, spanning mid-sized organizations to • Commitment to customers
Fortune 500 businesses, have selected Workday.
Key Benefits
• Faster time to value and rapid delivery
“I started Workday to bring passion of innovation
and customer focus back to the • Predictable and on-going cost savings
• Agility at the speed of business
business of enterprise applications.” • Global business management and
visibility
Dave Duffield, Co-founder & CEO, Workday
• Higher user adoption and empowerment
• Improved HR, Finance, and IT
Real SaaS: A New Day, A Better Way productivity
Workday was started with a very simple premise: We can do better.
Using the latest technologies available, Workday is able to provide your Workday Solutions
• Human Capital Management
organization with advantages that were never possible with heavyweight,
◦ Global Human Resources
rigid on-premise systems.
Management
◦ Global Talent Management
• Lower Total Cost of Ownership • Payroll
SaaS is the latest evolution of technology delivery models that can provide ◦ Workday Payroll
cost savings and additional business value to your organization. With ◦ Payroll Co-Sourcing Services
SaaS, there is no hardware, software, middleware, database, or business ◦ Cloud Connect for Third Party Payroll
intelligence tools to buy, install, or maintain. Enterprise applications can • Initiatives
be accessed anytime, anywhere, via the Internet, shifting the cost and • Spend Management
burden of managing the underlying IT infrastructure and operations from ◦ Procurement
◦ Expenses
you, the customer, to Workday.
• Financial Management
• Rapid Deployment and Faster Time to Value ◦ Financial Accounting
Gone are the elongated implementations and endless upgrade cycles of ◦ Supplier Management
traditional on-premise ERP. Workday deployments can start immediately ◦ Revenue Management
and are delivered on time and on budget—a track record almost unheard ◦ Business Asset Management
of with legacy on-premise applications. Through the SaaS delivery model, ◦ Cash Management
Workday’s solutions are less complex, more cost-effective, and much
simpler and faster to deploy.
2. • 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 Workers can also get instant access to the system through
reliability and performance. their mobile devices, including the iPhone®, the iPad®, or
any other device with a web browser. All Workday mobile
Built for the Global Enterprise apps adhere to the exact same security protocols and
No longer do you need to implement multiple instances provide the same streamlined, easy-to-use interface.
of your applications to support differing languages,
currencies, formats, or regulations. Workday starts Embedded Real-Time Analytics
from a foundation that assumes a globally distributed Workday inherently comes with the ability to view, analyze,
organization and workforce. An adaptable global core and take action on data right from the source—without the
supports everything your business needs to manage need for an additional bolt-on analytics system. By utilizing
your company efficiently as a whole while still adhering the data that is already stored in the system, business
to local requirements. With Workday, you can increase users and administrators alike can access the information
visibility into your global workforce and financial results, they need to perform their jobs more effectively. IT can be
align people and work to business objectives, and freed from the tedious task of writing queries and running
optimize your talent deployment around the world. reports, but still be confident users can only create reports
on data they have permission to see.
Consumer Web 2.0 User Experience
A modern, simple-to-understand user interface facilitates Contextual information is available to inform immediate
rapid end-user adoption, enabling even the novice user business process decisions, and most aggregated numbers
to get around the system with minimal training. Workday can be drilled into for more detail. By presenting
provides a consumer Internet-like user experience to information when it’s relevant and removing the barriers
deliver strategic insights that are actionable by managers to action, Workday can help your workforce be better
and improve operating results. Administrators and informed, make informed choices, and get business done
executives around the globe can get status updates in more efficiently.
real time, and employees can quickly access information
about themselves, their company, or their work—all from
a single, unified system.
3. Modern and Adaptive Technology Foundation
Today’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.
Human Capital Management (HCM)
Workday accomplishes this adaptability by leveraging Workday Human Capital Management is the leading
several technology innovations. Thanks to objects, enterprise-ready, unified HR and Talent Management
Workday can represent real-world entities—employees, cloud solution on the market today. By combining HR
benefits, budgets, organizations, etc.—so you can and Talent Management in the same solution, Workday
avoid the technical complexity of trying to manage can provide you with unique insights and capabilities
a relational database. Workday also leverages in- unavailable in standalone solutions.
memory data management for speed and efficiency as
well as standardized web services—today’s standard • Global Human Resources Management
for inter-system communication—so data can be easily Workday Global Human Resource Management is
communicated with other applications. designed to help you organize, staff, and pay your
global workforce.
Additionally, Workday delivers a powerful business process
configuration tool that enables you to define business ◦ Workforce Lifecycle Management
processes and rules and ensure they are adhered to. You ◦ Organization Management
can establish consistency across organizations or address ◦ Compensation Management
specific needs in different organizations. You can also ◦ Absence Management
easily reconfigure business processes at any time. Finally, ◦ Employee Benefits Administration
you can monitor and audit all of your business processes ◦ Cloud Connect for Benefits
and transaction statuses to ensure control, visibility, and
compliance throughout your entire global organization. • Global Talent Management
Workday Global Talent Management works seamlessly
Workday Solutions with Workday Global Human Resource Management to let
Workday delivers business management solutions that
you align, assess, reward, and develop your workforce—all
take advantage of the best of what today’s technology
from a single, unified solution.
has to offer.
◦ Goal Management
◦ Performance Management
◦ Succession Planning
◦ Career and Development Planning