Workday HCMOverview, Comparison, & Features
Overview, Comparison, & Features
Workday HCM is a cloud-based human resource management solution software. This will enables users to build strong teams of employees by finding skilled workers through talent searching and job profiles. Workday HCM HR software includes analytics and reporting to run audits and drill down smoothly into payroll details.
Key Modules
First lets understand what to expect from this software in a general overview.
- Financial Management
- Human capital Management
- Talent Management
- Spend Management
- Professional Services Automation
- Analytics & Reporting
- Enterprise Planning
- Payroll & Workforce Management
- Platform & Product Extensions
- Student
FINANCIAL MANAGEMENT:
With automated financial management processes and deeper insights in Workday you can focus less on transaction processing and more on analysis and action. Workday automatically ingests, enriches, and transforms business event data into accounting, simplifying your accounting in the process. Workday HR software provides undefeatable electronic evidence. Workday helps you streamline your processes while maintaining maximum control. It facilitates planning, forecast, and analysis to lead your business forward with confidence.
SPEND MANAGEMENT
Workday provides a complete set of cloud spend management solutions that help you to streamline operations and control indirect spending. With the help of WORKDAY, HR system delivers you a real-time contextual insight, giving you critical information at the point of action.
ANALYTICS & REPORTING
Workday helps to combine pattern detection, graph processing, machine learning, and natural language generation to search through millions of data points, and surface insights in simple-to-understand stories. It helps to meet regulatory reporting requirements, uncover new insights, and make better decisions, faster. Workday and non-Workday data together in one hub, and find answers to your critical workforce questions.
PAYROLL AND WORKFORCE MANAGEMENT
WORKDAY HCM provides personalized experiences and flexibility for workers to get paid when they want—so that you can support your hourly, salaried, and part-time workers in a way that meets their needs. Workday enables you to visualize workforce costs and trends, identify the root cause, and take action.
PLATFORM AND PRODUCT EXTENSIONS
WORKDAY cloud integrations provides an extensive tools and a marketplace of prepackaged connectors. Workday delivers the same friendly interface and security model to every capability you build. It builds a new apps using the same services that power our applications and easily integrate with third-party systems.
Workday HCM HR software helps you to understand your people’s skills today and build talent around the skills you’ll need tomorrow. Compensation and benefits tools enable you to form plans that meet the needs of all types of workers. So that you can give your workforce the rewards they deserve. From compensation and payroll to time tracking, benefits, and more, Workday HCM helps you take care of your workforce.
TALENT MANAGEMENT
With Workday HR software, you can apply a skills-based lens to optimize talent so that your people are equipped to meet evolving business demands. It helps you to remove bias at every step of the hiring process, from recruiting to leadership development. This enables management performance, make skills-based talent decisions, and align goals to objectives.
WORKDAY professional services automation helps to find the right people, managing budgets and delivering great work on time. Workday PSA enables you to support every part of your client-facing project. With time tracking from Workday, you can make time management easy. Easily separate personal charges on a corporate credit card to manage expenses more accurately.
Workday Adaptive Planning helps your teams collaborate on plans across functions, industries, and geographies. Workday HR software provides a seamless process for connecting to any data source so that you can get a complete picture of what’s driving your business and enrich your plans. With Workday, everyone in your organization has the power to plan, model, and analyze in concert with finance.
It keeps students engaged throughout the admissions process, provides the financial insights students deserve and guide everyone toward success. Workday HCM HR software helps to take control of student financial transactions, manage curriculum, and help students track their progress toward graduation.
Try Workday HCM For Free
- Try Workday for free