If you don’t already know, Workday is one of the industry’s standard cloud-based software providers that help create apps, tailor solutions, and make management more accessible for businesses. This occurs in two phases: enterprise resource planning (ERP) financial-tailored solutions and human capital-tailored solutions (HCM).
This article explores some of the benefits of Workday solutions that can be leveraged to improve tailored solutions for these sectors.
What are the key uses of a Workday?
The entire purpose of Workday is to have better-tailored solutions in your workflow and operations. Workday provides a realistic and all-encompassing solution for medium- to large-scale businesses, especially those that are located in different locations. Workday offers different features that help you keep track of employee information, benefits and performance, training, etc. These solutions can involve:
Tracking Time
The software streamlines the tracking of the hours that people are working by enabling your phone, tablet, or desktop to become your log and lift-out system. They can help monitor your clocking-in and clocking-out schedules. It can also integrate physical time-telling and scheduling clocks through the use of API.
Better organization
Essentially, Workday helps companies organize better-tailored solutions for their consultations. This can be in areas of their staff, workforce schedules, data analytics, and operation processes, using real-time reporting and a centralized HR database.
Recruiting
One major use of Workday is that it makes finding new workforce and prospective employees easier. Recruiters can get access to a unified and well-organized platform where they can upload and look through resumes and manage the entire hiring process, from sourcing the right people to looking through applications and scheduling interviews.
Employee Self-Service
Workday also enables self-learning. Through the use of the employee portal, new employees can quickly identify and teach themselves the ropes of the work and get ahead of crucial company onboarding details. This can be done through the mobile app, which can make work immensely easier.
Analytics and Reporting
There are several tools in what is identified as the analytics and reportage component where Workday lets you keep track of employee performance, incentives, problems, benefits, etc., which enables wiser decisions. All of this can be done through the mobile app or tablet to your computer.
Wrapping Up
So, with that, we come to an end on how Workday can be a useful tool when it comes to improving the tailored solutions of a company in different areas. As of last year, over 9,500 new users have adopted Workday, and according to Forbes, many of those are part of Fortune 500 companies. So, people are aware of this and are willing to use it to improve their businesses.
