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GLOBAL CORE

Home : Solutions : Technology : Global Core

A Single, Global System-of-Record

Workday has been designed at its core to take into account the varying needs of workers around the globe. Unlike traditional systems that encourage companies to add more and more technology at additional cost as they grow, Workday has built in the ability to support expansion in any direction without the need for additional systems. Workday provides a single, global system-of-record that accurately and flexibly captures and utilizes global information for your company.

By taking global needs into account at the core, Workday enables:

• One system for your entire global organization. Workday supports eleven languages, so all employees can utilize the system in their native language. Workday also supports specific country formats for various types of personal data, including national IDs, address formats, and region-specific required data. Workday eliminates the need for disparate systems or implementations for workers around the world.
• Support multi-currency transactions. Expense reports, accounts payable, accounts receivable, and worker compensation can all be tracked in actual currency numbers and easily translated into your corporate currency for consolidated view of your effective total spending and receiving.
• Compensation for your global workforce. Workday Compensation administration allows you to create and assign unlimited compensation plans and allowances based on global and/or local requirements. View your team's compensation in a single currency while you suggest merit or bonus amounts in each employee's local currency.
• Accurately represent and understand your company structure. Workday's advanced organizational tools can help you model your company's organizations, entities, locations, and cost centers as they really exist around the world. Getting an accurate headcount report for all full-time and part-time employees on your global team is as easy as running a prepackaged report. Workday provides faster, more accurate analytics because this information is not spread across multiple systems.

With Workday, you can effectively manage your company in its current stage and still be confident that your system will grow with you as you expand your footprint across the world.