Workday Business Assets combines the traditionally separate domains of fixed assets and inventory with the ability to manage high-value, low-cost items such as mobile phones and security badges. Just because these items are small and inexpensive doesn't mean they aren't important to your business.
With Workday Business Assets, you can:
The world of "assets" has changed significantly since traditional Fixed Asset systems were designed and deployed. Assets used to be large, expensive, and "fixed" to the floor. While traditional Fixed Asset systems managed the accounting of large, immobile assets, they were never designed to help companies manage the high-value, low-cost assets that so many businesses now rely on such as laptops, cell phones, web-conferencing accounts, and other "utility belt" items that are often provided to workers today. Just because these items are small and inexpensive doesn't mean they aren't important to your business.
The key to business asset management is the separation of business asset accounting from business asset tracking. By separating the accounting and tracking processes and decisions, it allows all business assets to be accounted for according to accounting rules and tracked according to business use.
Workday is a leading provider of enterprise cloud applications for human resources and finance. Founded in 2005 by PeopleSoft veterans Dave Duffield and Aneel Bhusri, 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.
Workday Financial Management is a comprehensive, unified accounting and finance application, built on a global core to help you manage your financial processes around the world easily and efficiently. With unique capabilities including business-event driven reporting and analytics, robust security, and a fully auditable business process framework, Workday can provide your organization with unprecedented controls and insight into the performance of your business.
Workday Human Capital Management is a modern, intuitive and unified human resources and talent management application built on a global core and designed to adapt with businesses as their needs and requirements evolve.
Delivered in the cloud, Workday payroll solutions offer your organization choice, flexibility and control to efficiently and accurately pay your entire workforce, no matter where they may be located.
Workday leads enterprise application innovation with its new, consumer-friendly time and attendance application, Workday Time Tracking. With Workday Time Tracking, organizations will now be able to reduce labor costs, minimize compliance risks, and increase worker productivity. .
Workday Expenses is unified with Workday’s market-leading HR and Financial Management applications, creating the optimal expense solution for today’s people-driven enterprise.