Last $81.93 USD
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workday inc-class a (WDAY) Details

Workday, Inc. provides enterprise cloud applications for global human resources and finance in the United States and internationally. It offers applications for customers to manage critical business functions that enable them to optimize their financial and human capital resources. The company provides Workday Human Capital Management application that includes global human resources management comprising workforce lifecycle management, organization management, compensation, absence, and employee benefits administration; and global talent management consisting of goal management, performance management, succession planning, and career and development planning, as well as project and work management designed to enable organizations to create and manage and track initiatives, build project plans, and utilize project breakdown structures that include phases, tasks, and milestones. It also offers Workday Payroll, a payroll application designed to address the enterprise payroll needs by allowing customers to group employees, manage calculation rules, and pay employees according to their organizational, policy, and reporting needs; and Workday Financial Management tools that provide 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, as well as offer management reporting and analysis in real time. It serves technology, financial services, business services, healthcare and life sciences, manufacturing, consumer and retail, and education and government industries. The company was formerly known as North Tahoe Power Tools, Inc. and changed its name to Workday, Inc. in July 2005. Workday, Inc. was founded in 2005 and is headquartered in Pleasanton, California.

2,900 Employees
Last Reported Date: 06/6/14
Founded in 2005

workday inc-class a (WDAY) Top Compensated Officers

Co-Founder, Chief Executive Officer, Director...
Total Annual Compensation: $35.4K
President and Chief Operating Officer
Total Annual Compensation: $413.0K
Co-Founder and Chairman
Total Annual Compensation: $35.4K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $392.2K
Senior Vice President of Services
Total Annual Compensation: $285.3K
Compensation as of Fiscal Year 2014.

workday inc-class a (WDAY) Key Developments

Travelex Transforms HR with Workday in the Cloud

Workday, Inc. announced that Travelex is transforming its HR organisation and business support services with Workday Human Capital Management (HCM) and Workday Time Tracking. By leveraging one unified cloud application for human resources management, talent management, time tracking, and more, Travelex is advancing its entire employee experience and streamlining processes, automating workflows, and reducing administration. With Workday HCM, Travelex moved to one unified cloud application from 26 separate systems, put thousands of formerly paper-based transactions into the cloud, and reduced 2,100 business processes down to 180. These significant results are empowering the human resources (HR) team to focus on more strategic initiatives such as talent management, performance management, and workforce optimisation, while reducing the burden of administrative tasks. Through the analytics capability built into the core of Workday and available on mobile and desktop experiences, the HR team is aiming to give business leaders new levels of insight into the cost, capacity, capability and quality of their workforce, including visibility into headcount, labour costs, overtime, and other key management metrics.

Unum Selects Workday's Suite of Enterprise Cloud Applications

Workday, Inc. announced that Unum has selected Workday's suite of enterprise cloud applications, including Workday Human Capital Management (HCM), Workday Financial Management, Workday Payroll, Workday Procurement, and Workday Expenses. Focused on simplifying its technology platform, Unum will unify HR and finance in the Workday cloud, powering the organization with greater flexibility, speed, and visibility into the business. Workday will also simplify workflow for Unum, helping to streamline business processes worldwide. With Workday's built-in business process framework, Unum can easily configure the application to support business change, such as re-organizing a division or adjusting cost center structures, without going through the time-intensive process of traditional updates and implementations. Further, with HR and finance unified in one suite of applications, Unum can easily make changes to the HR system that are automatically updated to the financial application in real time, such as organizational changes being updated in expense report processes.

State of Maryland Selects Workday, Inc.' s Workday Human Capital Management, Workday Time Tracking, and Workday Benefits

Workday, Inc. announced that the State of Maryland has selected Workday Human Capital Management (HCM), Workday Time Tracking, and Workday Benefits to replace and consolidate its legacy, on-premise software with one unified system. With Workday, Maryland will enable approximately 45,000 employees across 54 agencies to easily access and manage their personnel, time tracking, and benefits information in the cloud, while arming state leaders with a holistic view of the workforce, and agency management with better insight into their teams. For the last several decades, Maryland has relied on a legacy mainframe with multiple, stand-alone applications that lack proper data management and reporting capabilities to meet needs across the State. As a result, individual agencies have relied on developing and maintaining disparate tools for strategic and tactical reporting that led to information silos and redundant efforts within and between agencies. With an overall objective to standardize its information technology (IT) in the cloud, Maryland needed to replace its existing systems for personnel, time tracking, and benefits with a unified, multi-tenant cloud system built to scale and adapt to the State's long-term needs. After an extensive competitive procurement and evaluation process, the Maryland Board of Public Works approved the selection of Workday through a resale relationship with Oakland Consulting Group. With Workday, Maryland expects to: Reduce the cost and burden of maintaining multiple legacy systems by moving to ongoing delivery of features and technical functions in the cloud. Streamline workforce-related business processes within and between state agencies. Deliver an intuitive, self-service experience to employees. Equip state executives and agency management with real-time workforce analytics and reporting. Improve security and risk mitigation with internal controls and audit tools for regulatory compliance. Extend Workday Benefits to approximately 110,000 additional employees and retirees from other state agencies and universities.


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