PLEASANTON, CA – January 27, 2012 -- Workday Inc., the leader in SaaS-based enterprise solutions for global human resources (HR), payroll and financial management, today announced it is identified as a "leader" among HR management systems in a recent report published by Forrester Research, Inc., an independent technology research firm.
Comments on the News
"Workday's strong core HR functionality and advanced SaaS technology platform play well against perennial leaders," notes Forrester analyst Paul Hamerman in the report. According to Hamerman, "SaaS revenue is growing at a 15% rate, nearly twice as fast as the HRM application market as a whole." He further notes that, "Improvements in software configuration flexibility in newer products like Workday’s also make this deployment model attractive to organizations of all sizes."
"We are honored to have been recognized in Forrester’s Wave as the leader in human resource management solutions," said Leighanne Levensaler, vice president, Workday Product Strategy. "More and more, medium and large-sized enterprises are replacing on-premise ERP systems and turning to Workday not only for our flexible, scalable HCM and payroll solutions, but also our comprehensive financial management and accounting solution."
Workday is the leader in enterprise-class, Software-as-a-Service (SaaS) solutions for managing global businesses, combining a lower cost of ownership with an innovative approach to business applications. Founded by PeopleSoft veterans Dave Duffield and Aneel Bhusri, Workday delivers unified Human Capital Management, Payroll, and Financial Management solutions designed for today's organizations and the way people work. Delivered in the cloud leveraging a modern technology platform, Workday offers a fresh alternative to legacy ERP. More than 280 customers, spanning medium-sized organizations to Fortune 500 businesses, have selected Workday. Visit us at www.workday.com.
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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.