Workday's mission is to build the next generation of enterprise business services—Human Resource Management, Financial Management, and Payroll—and deliver the solutions on a Software as a Service (SaaS) model.

Founded by former PeopleSoft founder and CEO Dave Duffield with former PeopleSoft Vice Chairman and head of product strategy Aneel Bhusri in March 2005, Workday is offering an innovative and fresh approach for today’s global businesses.

After founding Workday, Dave and Aneel quickly realized they had a chance to build an enterprise solution from scratch, which allowed them to place the emphasis back on the customer.

Workday Human Capital Management^TM (HCM) provides a single system-of-record to manage your complete hire-to-retire process. People are your company's most valuable resource—use Workday's Human Capital Management to grow not only your business, but also your people.  Workday Human Resource Management includes, Absence, Benefits, Compensation, Performance, Staffing and Worker Spend Management.

Workday Financial Accounting provides the capabilities necessary to satisfy the information requirements of investors, creditors, and regulatory authorities in the post-Sarbanes-Oxley business environment. By combining a unique, event-driven accounting approach with a built-in, internal control framework and a robust multi-company, multi-currency model, Workday delivers financial records and reports with speed, accuracy, and complete auditability. Workday Financial Management includes, Financial Accounting, Supplier Management, Revenue Management, Resource Management, Cash Management and Projects.

Workday Payroll is the only software-as-a-service (SaaS) payroll solution that's designed to accommodate global payroll requirements and the needs of individual companies. With advanced and easy-to-use tools, Workday Payroll allows you to group employees, manage payroll calculation rules, and pay employees according to their organizational, policy, and reporting needs.

Workday Spend Management combines Workday Expense, Procurement, and Business Resource Management capabilities in a solution that simplifies and connects the key business processes involving workers and spending to provide insight and control over spend while optimizing your company's investment in human capital. Workday Spend Management helps businesses manage total workforce cost—spend on workers, by workers, and for workers. Workday Spend Management includes  Procurement, Supplier Management, Resource Tracking, Expenses, and Settlement.