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Stay at the forefront of innovation and scale for growth. Workday delivers a flexible system that evolves with your needs. So you can focus on what you do best: pioneering the next big thing.
Automates revenue recognition using a customer-centric quote-to-cash process.
Sees real-time utilization metrics for employees, gaining operational excellence with PSA.
Automates 90% of cost allocations using automated and scalable finance.
Completes forecasts 20% faster using continuous and company-wide planning.
Deploys requisitions in 60+ countries to build a workforce for the future of tech.
Increase accuracy, improve efficiency, and gain more visibility into your revenue. With Workday, you can:
See how much revenue can be earned
Involve all parties in the quote approval process
Ensure the right SKUs are included
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Replace spreadsheets and paper documents.
Create a quote in minutes.
Ensure compliance with key metrics.
Single data source.
Enable standardized processes.
Guided selling rules.
Follow preset rules to build quotes.
Expedite contract and project setup.
Billing and financial reporting.
Understand your profitability by service, SKU, and customer.
Gain real-time visibility into opportunities.
Strengthen reporting and streamline contract-to-cash processing. With Workday, you can:
Meet your revenue goals
Approve contract changes
Forecast deferred revenue
Create, approve, and track contracts.
Support various contract types.
Create invoices based on billing terms and schedules.
Deliver greater agility.
Ensure governance and control data access.
Cover the entire quote-to-cash process.
Aggregated contract data.
Gain a complete view.
Blend Workday and third-party data to determine customer risk.
Recognize revenue with global compliance and gain stronger business controls. With Workday, you can:
Link contracts to revenue
Run billing independently from revenue recognition
Stay compliant with standards
Comprehensive revenue recognition.
Meet complex revenue arrangements.
Rich transactional history.
Empower deeper analysis.
Model revenue recognition for any contract.
Distinct revenue and billing streams.
Manage relationships and hierarchy.
Separate billing from revenue for historical analysis.
Eliminate reconciliation between systems.
Audit and Compliance
Business process framework.
Securely manage contract lifecycle events.
Capture changes at the contract-line level.
Automatically document changes and adjustments.
Minimize bad debt, reduce invoicing errors, and gain deeper insight. With Workday, you can:
Automate billing against predefined rules
Meet new e-invoicing regulations
Bill automatically for various services and products.
Quickly generate billing schedules and installments.
Bill in intervals or milestones.
Adapt billing to your business needs.
Flexible rate configuration.
Bill hourly or daily.
Unique invoice IDs.
Meet global invoicing standards.
Easy to Use
Comply with increasing regulations.
Simplify billing across parent and subsidiary companies.
Review invoices before generation.
Gain visibility into collections and future cash flows, reduce manual matches, and gain greater control over risks. With Workday, you can:
View all your collections status
Reduce bad debt and DSO
Gain visibility into your worst-performing customers
Predictive AR collections.
Effectively manage account receivables.
Blend rules with ML recommendations for matching efficiencies.
Historical payment insight.
Use past payments to streamline collections.
Automate tasks using rich Workday data.
Understand markups, write-offs, and billing rules.
Insight and Automation
Gain insight into customer collections.
Automated dunning letters and alerts.
Speed up invoice and billing time.
Accurately report revenue and forecast, act on real-time information, and gain deep customer insight. With Workday, you can see things like:
Your revenue for H1
Your deferred revenue for Q3
Which business unit provides the most revenue
See your revenue data at a glance.
Gain deep business dimensionality.
Deferred revenue visibility.
Create more accurate forecasts.
Quickly calculate and assess interest.
Gain visibility into ASC606/IFRS15 compliance.
Drive customer ownership.
Reduce project start-up times and quote services faster. With Workday, you can:
Effectively quote your services offerings
Improve the approval process for quotes
Embedded quoting function.
Seamlessly create quotes.
Sync opportunities with quotes and projects.
Harmonize quoting, resourcing, and contracting.
Increase quoting efficiency.
Generate SOWs based on effort drivers and scope.
Quote to deliver.
Build quotes to drive project resourcing and budgeting.
Quote based on timelines, phases, tasks, and milestones.
Build quotes based on worker, rate, hours, and skills.
Price based on bundled products and services.
Sync service delivery work to worker lifecycle processes, automatically recommend projects based on worker skills, and improve customer satisfaction. With Workday, you can:
Match the right skills to the right project
Weigh staffing variables in resourcing
Tie project work to career growth
End-to-end talent management.
Optimize talent processes with delivery feedback.
Simplify service delivery operations.
Plan continuously at scale.
Automatically archive worker skills based on work completed.
Run what-if scenarios to predict outcomes.
Understand skills required to support projects.
Resource based on staffing variables and more.
Staff and ramp up resources for client delivery faster, maximize profit margins, and meet client and market demands. With Workday, you can:
Model resourcing scenarios for incoming work
Know when to open a requisition and when to hire contract labor
Manage your people along with project pipeline
See current, backlog, and incoming projects.
Forecast resourcing across your enterprise.
Understand work performed at the individual level.
Centralized and decentralized management.
Meet service-line needs.
Hard and soft booking.
Resource opportunity projects in advance.
Trigger hiring or contracting to meet demand.
Assess project financial health.
Track worker utilization to reduce burnout.
Match hiring with business growth targets.
Engage stakeholders to take action based on insights, keep service-line leaders informed, and adjust project outcomes. With Workday, you can:
See which projects are on track
Increase margins at the project level
Forecast financial success for projects
Project Financial Reporting
Gain insight into profitability.
Single source data.
Make real-time updates.
Compare budgets to actuals to forecast accurately.
Model performance based on historical data.
Management and KPI Reporting
See profitability across the entire project portfolio.
Monitor performance against business targets.
Reduce bench time for resources, incentivize your workforce, and measure company performance based on utilization. With Workday, you can:
Know how many people you have on the bench
Maximize productivity for client work
Time resources with new projects
Ensure work completes within budgets and timelines.
See where to allocate resources across your project portfolio.
Historical project data.
Understand effort required using data from past projects.
Colleague Capacity Management
See workforce availability and forecasts.
Ensure targets are met at the individual worker level.
Measure service-line utilization against revenue targets.
Adjust hiring and contracting plans based on utilization.
Improve billing accuracy, effectively manage costs, and see real-time project data. With Workday, you can:
Measure budgets versus actuals
Model budget scenarios for project changes
Manage projects at the portfolio level
Use project data from PSA to model revenue scenarios.
View portfolio-level forecasts.
Focus more on delivery excellence.
Portfolio health insight.
Find opportunities to improve outcomes.
Real-time variance reports.
Increase service delivery accountability.
Project Management Controls
Give project managers insight into spend and revenue.
Track project events that drive performance obligations.
Close faster, improve finance efficiency, and spend more time on analysis, With Workday, you can:
Ensure accurate financials
Reduce manual tasks and data migration
High-volume data ingestion.
Bring in ad placements, stock-based compensation, M&A data, and more.
Transform business-events data into accounting.
Automate currency translations, earnings calculations, and intercompany eliminations.
See live consolidated results.
Automatically complete tasks, route approvals, and distribute reports.
Spend more time on analysis.
Drill back to transaction details.
See the complete data history.
Reduce auditing time, strengthen fraud controls, and better manage your treasury. With Workday, you can:
Gain insight into cash position and short-term cash
Ensure accurate ledger balances
Ensure employees have bank account signatory access
Manage liquidity by financial institution, currency, cash pool, and more.
Stay on top of liquidity surplus or shortfall.
Checks and Balances
Keep ledger and bank balance in sync.
Provide detailed and summary reports to auditors.
Bank fee insight.
Ensure fees are charged based on negotiated rates.
Track changes in bank account signatories and sync with HCM.
Enhance the supplier experience, improve negotiations with suppliers, and gain greater spend oversight. With Workday, you can:
Simplify interactions for suppliers
Quickly onboard new suppliers
Spend more time on building supplier relationships
Empower suppliers to self-serve.
Speed up the RFx process.
Save time and money on bids.
Save time on purchasing.
Fast AP cycles.
Quickly pay suppliers and keep them happy.
Streamline the buying process.
Securely access order and inventory data.
Demand planning reports.
Gain insight into current and future demand.
Reduce external audit fees, improve controls, and increase internal audit efficiencies. With Workday, you can:
Prepare for new disclosure requirements
See which suppliers are helping your sustainability goals
Identify the largest sources of scope 3 emissions
Social Reporting for ESG
Measure progress and identify areas for improvement.
Understand workforce composition, diversity, and more.
Syncs with other features.
Use with analytics, VIBE Index™, and learning.
Supplier Risk and Sustainability
Supplier ESG data collection.
See supplier risk and uncover ways to improve.
Scope 3 emissions reporting.
Report on emissions from supplier spend.
Emissions Modeling and Planning
See the impact of your reduction efforts.
Understand where your material emissions come from.
Adjust accounting processes to meet changing international standards, maintain internal controls, and gain insight. With Workday, you can:
Comply with local laws and regulations
Automate multicurrency adjustments
Minimize finance costs while growing
Predefined country accelerators.
Quickly enter new markets.
Adapt the system to meet your unique needs.
Tailor standardized global reports to your region.
Control and Agility
Deploy in new countries with delivered regional data.
Get full audit trails everywhere you operate.
Meet global compliance standards.
View consolidated results anytime.
Quickly change how you operate.
Remove manual intervention and reconciliation.
Improve finance efficiency, close and report faster, and deliver deeper insights to managers. With Workday, you can:
Ensure accurate reports
Tailor reporting to individual roles
Include operational details as needed
Object data model.
Build reports with unlimited dimensionality.
Bring finance, workforce, and operational data together.
Send out reports based on security permissions.
Track business performance.
View your business across any dimension.
Data hub synchronization.
Blend external data for reporting.
Improve accuracy and confidence, streamline board and management reporting, and enhance collaboration between sales and finance. With Workday, you can:
Model your subscription waterfall
See which segments matter most
Triangulate new bookings
Robust SaaS Metrics
New and renewal bookings.
Gain insight into revenue.
Gross retention and churn.
Identify opportunities for improvement.
Productivity and quotas.
See how sales reps are performing.
Integrated with GL.
Bring in data from multiple general ledgers.
Syncs with CRM.
Bring in data from your CRM for a complete view.
Assess financial impact based on your top line.
Increase sales effectiveness and create more granular forecasts. With Workday, you can:
Plan multiple revenue streams
Model time-based cohorts
Manage ASC 605/606
Flexible Revenue Models
Model subscription, amortization, services, and more.
See what’s changed and how to adapt.
Bookings and billings.
Accurately forecast revenue.
Retention and attrition.
Support B2B and B2C subscriber models.
Understand platform usage, in-game purchases, and orders.
Quickly escalate issues.
Predict user behavior based on weekly, monthly, or yearly cohorts.
See behavior curves over time.
Meet your quotas, improve sales forecasting, and increase sales operational efficiency. With Workday, you can:
Ensure equitable and achievable quotas
Empower sales to meet revenue goals
Match sales talent to the right territory
Capacity and Headcount Planning
Place the right reps in the right territories.
Close coverage gaps.
Fine-tune sales capacity.
Quota and Territory Planning
Top-down sales targets.
Speed up the sales cycle.
Bottom-up quota planning.
Set quota by role, segments, and more.
Ensure balanced and equitable territories.
Analytics and Forecasting
Keep reps on track.
Understand who’s making quota and why.
Ensure every rep has a chance to succeed.
Increase visibility, strengthen governance, and save time and money. With Workday, you can:
Engage stakeholders in the budgeting process
Collaborate on budgets across the organization
Reduce your budget cycle time
Make budgeting easy for everyone.
Financial and management reporting.
Keep stakeholders informed.
Analyze what-ifs to build the best budget.
Sync with planning, analytics, and reporting.
Real-time head count drivers.
Act on what you see.
Build budgets as a team.
Boost retention, increase project profitability, and meet more quotas. With Workday, you can:
Plan at the position level
Compare actual hiring versus plan
Model hiring, transfers, and retention plans.
See workforce costs right away.
See how global attributes impact plans.
Identify how to attract top talent.
Close the skills gap across functions.
Turn plans into action.
Monitor costs and open positions.
See what’s working and pivot as needed.
Align budgets with goals and understand how capital is allocated across initiatives. With Workday, you can:
Understand profitability by product, market, and channel
Plan for the long-term
Empower acquired companies to plan in the same system
See how prioritization, inclusion, and exclusions affect your business.
Allocate personnel and expenses by product, channel, and market.
Annual and quarterly plans.
Build top-down and driver-based plans for the future.
Uncover market opportunity.
Model reorgs and mergers.
Unified charts of accounts.
Roll up multiple general ledgers into one.
Achieve greater self-sufficiency, improve engagement, and free up time to focus on your mission. With Workday, you can:
Quickly roll out HR programs to a distributed workforce
Offer employees self-service
Better engage with employees
Data integrity and synchronization.
Offer up-to-date information.
Faster search results.
Provide help at the moment of need.
Meet people where they are.
Survey and feedback loop.
Keep communication open.
Be there for moments that matter.
Keep people connected.
Streamline recruitment processes to hire faster and improve engagement. With Workday, you can:
Attract the right workers for every job
Better plan for attrition
Assess retention risk
Dynamic candidate workflow.
Speed up the recruiting process.
Send offers faster.
Provide a seamless experience.
End-to-End Talent Acquisition
Internal and external sourcing.
Widen your talent pool.
Interview and candidate management.
Hire as a team.
Connection to compensation.
Send competitive offers.
Allow candidates to search and apply for jobs from anywhere.
Configurable job applications.
Tailor the application to your needs.
Social media connectors.
Reach everyone’s network.
Quickly augment project teams and improve efficiency. With Workday, you can:
Gain a full view of your bench
Determine when to staff an FTE versus a contractor
Easily manage the client-contractor relationship
Holistic Workforce Management
See FTE and contingent worker availability.
Labor cost insight.
Understand cost versus profit.
Align workforce capacity with demand.
Build happy relationships right away.
Multiple staffing models.
Staff projects based on client needs.
Empower clients to take charge of work.
Contingent Worker Lifecycle
Complete worker management.
Support workers from contract to retire.
Pay your workers on time.
Flexible contracting models.
Meet unique workforce needs.
Save time on administrative tasks, increase user adoption, and deliver an engaging experience. With Workday, you can:
Make the best use of your workers’ time
Provide self-service for everyday HR tasks
Offer help at the moment of need
Make time entry, expenses, benefits, and more simpler.
Deliver increased insight into work and forecasts.
Customize reports based on individual roles.
Prompt action for day-to-day tasks.
Chatbot and search.
Provide help at the moment of need.
Take care of business from anywhere.
Gain insights to take the right action.
Take the friction out of tasks.
Build a more diverse workforce and nurture a culture of inclusion and belonging. With Workday, you can:
Understand the makeup of your workforce
Bring in and retain diverse talent
Use data to make an impact
Insight to Drive Change
Holistic workforce data.
Gain real-time insight.
Reporting and analytics.
See outcome-based belonging and diversity metrics.
Track your D&I initiatives.
Ensure equitable access to opportunity.
Ensure inclusion and equal pay.
Employee sentiment survey.
Measure how your employees feel.
Foster inclusion and belonging.
Staff based on skills, understand where you need to upskill, and automate skills management. With Workday, you can:
Meet client project role requirements
Track skills development within your workforce
Measure skills attained from client work
Curate skills from various sources.
See skills gained from project feedback.
Verify worker skills.
Evaluate skills gaps.
Staff based on skills requirement.
Match resumes to client needs.
Quickly shifts to managing a remote workforce.
Makes better workforce decisions with full insight.
Unifies operation to launch on NYSE.
Improves scalability with one finance and HR system.
Technology industry insights and trends.
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