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

Sticking with the status quo won't help you cut costs. On-premise software requires your company to spend money on hardware, middleware, and software, but there is much more than those initial purchases. 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 Business Process Controls. Eliminate the need for an external Actionable Analytics or GRC 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 customers' productivity gains:

  • Salesforce.com shortened the time to produce HR reports from one day to a few minutes.
  • Inverness Medical Systems reduced its time to report on corporate headcount from 6 days to mere minutes.
  • Chiquita Brands International consolidated three disparate HR systems into one global system-of-record.

If you are currently considering a traditional ERP system, are you sure that it won't end up costing you more than expected? Workday can provide faster implementation, better utilization, and higher productivity results than traditional ERP systems. 

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

The ROI of Workday

Total Cost of Ownership
Road Map

The purpose of this white paper is to provide a road map for assessing the total cost of ownership of your HR technology footprint and to support building a business case to improve it.

The ROI of SaaS

A recent report from Forrester Research, “The ROI of Software-As-A-Service,” examined a range of companies that chose SaaS solutions and found that SaaS does in fact result in long-term value.

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