Workday Re-imagines Customization; Enables HR and Finance to Tailor
Applications Without Breaking the Update Process
Workday 19 Introduces Customer-Defined Labels and Validations on
PLEASANTON, CA -- (Marketwired) -- 04/16/13 -- Workday, Inc. (NYSE:
WDAY), a leader in enterprise cloud applications for human resources
and finance, today unveils its newest update, Workday 19. With this
update, companies can tailor the Workday experience for their unique
business contexts. Workday customers also gain the ability to manage
intangible assets, benefit from new levels of insights into headcount
planning, and receive a new Workday for Android (TM) app. In total,
Workday 19 includes more than 170 new features, and of those,
approximately 70 come from Workday Brainstorm, a forum that captures
and shares customer ideas based on popular vote.
Tailor the Workday Experience
With Workday 19, Workday reaches a
significant milestone that allows human resources (HR) and finance
teams to tailor the Workday experience to support unique customer
cultures, business practices, and industries. Traditionally,
companies have customized legacy software to such an extent that it
results in costly and often impossible system upgrades and sometimes
Workday has re-imagined customization completely and, leveraging its
adaptive technology foundation, now allows customers to add custom
fields and custom labels with integration support. Customer changes
will persist throughout the application, across all devices --
desktop, smartphone, tablet -- and to all integrations and reports.
Most importantly, tailored changes will persist through every future
update without any additional cost or effort to the customer.
Leverage Embedded Analytics and Industry-Specific Functionality in
Workday Financial Management
Workday continues to invest heavily in
Financial Management. In this update, Workday fully automates highly
complex financial processes, including enhanced support for prepaid
expenses, and provides a powerful shared services model to enable
centralized customer and expense payments on behalf of other
entities. Also in this update, Workday further enhances analytics by
leveraging the power of Worktags to enable managers to gain deeper
insights into spend by cost center and expense item trends in a new,
easy-to-consume expenses dashboard that is accessible on iPad(R) and
In addition, Workday delivers new industry functionality that
addresses the growing importance of intangible asset management.
Companies can now use Workday to manage and measure the full
life-cycle accounting of intangible assets from contract through
amortization, including streaming media rights in media and
entertainment, copyrights in publishing, and patents and trademarks
in industries like technology.
Gain a Single View of HR and Financial Information for Headcount
Workday 19 enables greater alignment among business lines
by bringing financial and headcount plans together with actuals and
allowing simple drillable access into the data. Since the information
is shared across functions, companies gain a single source of the
truth regardless of who is viewing the information. Managers now have
the ability to compare finance and headcount plans for practical
alignment of business and headcount decisions.
Access Workday from Android Phones
With this update, Workday
continues to deliver on its mobile-first strategy with the
availability of a new Workday Android app. Workday delivers to
Android users the same dynamic experience that customers have come to
enjoy with the Workday for iPhone(R) app. Workday customers can
access applications from any mobile device, as part of their regular
subscription cost, at no additional fee.
Workday 19 is available to customers, free of charge, as part of
their subscriptions fees.
Comments on the News
"Customization in the cloud is a significant
innovation, because we can now tailor the Workday application to our
specific needs without the worry that it will be complex or costly,"
said Margo Hendrickson, Vice President, Human Resources,
athenahealth. "With Workday's custom fields and labels, we will be
able to better communicate our brand and culture through the
application to make key processes easy to understand, increasing
efficiency for our workforce and reducing the extra support needed
from HR so we can focus on other strategic initiatives within the
"We take the challenges companies face with their old systems and
re-imagine them by applying fresh, new thinking and today's modern
technologies," said Aneel Bhusri, chairman, co-founder and co-CEO,
Workday. "At Workday, we've taken a very thoughtful and disciplined
approach to extensibility, and as a result, customers running
applications in the cloud can now tailor them to make Workday their
Workday is a leading provider of enterprise cloud
applications for human resources and finance. Founded in 2005,
Workday delivers human capital management, financial management, and
analytics applications designed for the world's largest
organizations. Hundreds of companies, ranging from medium-sized
businesses to Fortune 50 enterprises, have selected Workday.
Any unreleased services, features, or functions referenced in this
document, our website or other press releases or public statements
that are not currently available are subject to change at Workday's
discretion and may not be delivered as planned or at all. Customers
who purchase Workday, Inc. services should make their purchase
decisions based upon services, features and functions that are
Copyright 2013. 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.
iPad and iPhone are registered trademarks of Apple Inc.
Android is a trademark of Google Inc.
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