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What is Workday and why is it advantageous?

Posted by Gabriella Sugarman on 02/02/2023

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Workday is a provider for cloud based software that is a specialist in building applications for financial management, human capital management and enterprise resource planning (ERP).

Workday acts as a one stop solution and offers comprehensive solutions for medium to large sized businesses that are spread across several locations and makes it easy for them to manage employee benefits, payroll and HR and employee data. 

It offers several great features for managing employee data, benefits, performance and training like - talent management, recruiting, analytics and reporting, employee self service and time tracking. 

Workday has the capability to:

  • Assist companies in managing their employees, data, information and processes through real time analytics, reporting, integrated workforce scheduling and a central HR Database. 

  • It can be used by companies to manage team members and employees remotely, which has especially become very important during the current WFH setups. It can also be used by individuals to track their own time daily. 

  • Workday also offers a secure SaaS platform which businesses can use to manage all sectors within Human resources whether it is payroll, compensation, talent and learning management, recruitment and talent retention. 

As an enterprise cloud, workday offers certain advantages that are not possible with a rigid, on premise system:

  • Low cost of ownership: In a Cloud delivery model, there are no costs involved with hardware, software or database servers or their maintenance.

  • Constant innovation: With Workday, companies can avoid the costs associated with traditional upgrades and simply have the easy-to-adopt automatic updates provided by workday. 

  • Safety: Workday is a safe and trusted partner for various global companies and passes the industry’s toughest third party audits and certifications. 

  • Combined suite of various applications: Workday delivers a unified user and administrative experience which runs across finance, HR, talent, payroll and analytics. 

  • Rapid deployment and faster value time: Workday is easier to deploy than legacy applications. It can start immediately and is always delivered on time and on budget. 

Savant Technology is supported by a designated Workday practice.  If you are looking for your next Workday job opportunity or are looking for top Workday talent, Savant is here to help. We can support you with access to great opportunities through our long-standing client relationships and get you the best talent in the industry that can be technically vetted through our partnerships with experts and market-leading onboarding advice and consultation. To know more about how we can assist you, please reach out to us at technology@savantrecruitment.com

 
 
 

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