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COST SAVINGS

Home : Innovation : Cost Savings

Get the Most Out of Your Money

On-premise ERP systems cost much more than their initial price suggests, and it can be extremely difficult to predict ongoing costs or the level of service you'll receive from your systems. Workday offers a predictable subscription pricing model that includes all the necessary services to help maximize the productivity of your workforce. Don't just buy software—maximize your investment with Workday.

Total cost of ownership

The status quo doesn't cut it when you're trying to cut costs. On-premise software requires your company to spend money on hardware, middleware, and software, but there is much more than those initial costs. Take a look at some of the hidden costs associated with on-premise software:

• Software licenses
• An army of consultants to implement the application
• A substantial IT staff to continually customize, patch, and upgrade
• Monthly maintenance fees
• QA cycles that never seem to end
• Software is underutilized by employees because it is complex and difficult to use

Workday can drastically reduce your company's spend in several ways.  Workday's singular subscription fee includes the following services:

• Workday owns and maintains all of the necessary hardware, databases, and middleware required so you don't have to.
• Workday invests in continuing to improve the product, which is updated periodically throughout the year at no additional cost.
• Workday provides basic support services to customers when they have questions or difficulties with the software.

Return on investment

Maximize the return on your investment with Workday. With Workday you get:

• Shorter Implementation Times - Workday implementations are dramatically faster (and therefore cheaper) than typical ERP implementations. Be up and running quickly—not paying for software that you can't even use for months or years.
• Higher User Adoption - Thanks to a modern user experience and intuitive tools, everyone in your company can easily manage and consume relevant information for their jobs.
• Built-In Actionable Analytics and Performance - Eliminate the need for an external Actionable Analytics or Performance Management system—with Workday, it's all included.
• Ongoing Innovation - As your company grows, Workday keeps improving and providing you with the most modern tools available. You're never buying or using yesterday's technology to try to meet today's requirements.

Workday can also increase the productivity of your workforce thanks to modern and easy-to-use tools. With Workday customers typically see:

• 30%-50% reduction in administrative costs (Benefits, HR, etc.)
• 50%-60% reduction in IT support
• 75%-85% reduction in time/cost for custom reporting
• 10%-25% reduction in HR support costs

If you are currently considering a traditional ERP system, are you sure that it won't end up costing you more than expected? Will you really be able to reap the benefits of the system in a timely fashion, with maximum utilization by your entire workforce, and to the benefit of your administrative teams? Consider the business case for Workday.

Reduce costs. Increase productivity. Protect your bottom line. Choose Workday.