Workday, Inc. provides enterprise cloud applications for finance and human resources. The company delivers financial management, human capital management (HCM) and analytics applications designed for the companies, educational institutions, and government agencies. It delivers embedded analytics that capture the content and context of everyday business events, facilitating fast and informed decision-making from wherever users are working. The company provides feature releases two times per year as part of the subscription agreement and when the new feature releases are delivered, the prior version is fully replaced. It delivers its cloud applications using a technology foundation that utilizes the most recent advances in cloud computing and data management and allows it to deliver applications that are highly functional, flexible, and fast. The company’s use of in memory data management allows delivery of embedded business intelligence. It also provides open, standards-based Web-services application programming interfaces and pre-built packaged integrations and connectors called Cloud Connect. Applications Workday Financial Management Workday Financial Management is a unified application built on a single, global core with a range of financial capabilities, relevant analytics and metrics, and fully auditable process management built to help manage financial processes for global organizations. Workday Financial Management provides the core finance functions of general ledger, global accounting, revenue management, accounts payable, employee expense management, and accounts receivable, along with tools to help organizations manage their cash, assets, contracts, grants, expenses, procurement, and support their financial reporting requirements. It also provides management reporting and analysis in real time without the use of bolt-on data warehouses and business intelligence systems. Workday HCM Designed for the major organizations in the world, Workday HCM allows an organization to staff, pay, organize, and develop its global workforce. This unified application includes global human resources management (workforce lifecycle management, organization management, compensation, absence, and employee benefits administration) and global talent management (goal management, performance management, succession planning, and career and development planning). Workday HCM also includes project and work management designed to enable organizations to create, manage and track initiatives, build project plans and utilize project breakdown structures that include phases, tasks, and milestones. Workday HCM is also unified with Workday Recruiting and Workday Payroll. Workday Recruiting is an application that supports the needs of candidates, hiring managers, the interview team, and recruiters. Workday Payroll is a modern payroll application designed to address the full spectrum of enterprise payroll needs and provides control, accuracy and flexibility to support the needs of organizations. Workday Insight Applications Workday Insight Applications is a suite of applications that utilizes advanced data science and machine learning methodologies to help customers make smarter financial and workforce decisions. Each Workday Insight Application is designed to address specific business scenarios by providing insights and surfacing predictions, and is expected to recommend actions that a decision-maker can take. Customers The company has various customers, with a focus on large, global organizations. Its customer base spans various industry categories, including technology, financial services, business services, healthcare and life sciences, manufacturing, consumer and retail, and education and government. Sales and Marketing The company sells all of its software applications through its direct sales organization. Its direct sales team includes inside sales and field sales personnel who are organized by geography, account size, and application type. As a core part of the company’s strategy, it has developed an ecosystem of partners to both broaden and complement its application offerings and to provide a range of services that lie outside of Workday’s areas of focus. These relationships include software and technology partners, consulting and implementation services providers, and business process outsourcing partners, and enables Workday to address a set of problems for its customers while maintaining focus on executing against its strategy. Competition The company’s competitors include Oracle Corporation; SAP SE; The Ultimate Software Group, Inc.; Automated Data Processing, Inc.; Infor Global Solutions; Ceridian, Inc.; Concur Technologies, Inc.; and NetSuite, Inc. History The company was founded in 2005. It was incorporated in 2005 as North Tahoe Power Tools, Inc., a Nevada corporation. In 2005, the company changed its name to Workday, Inc. The company was reincorporated in Delaware in 2012.
workday inc-class a
(W7D:Munich Stock Exchange)
6230 Stoneridge Mall Road
Pleasanton, CA 94588
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