A web-based Enterprise Management Cloud software that combines financial and human capital management solutions.
Workday is a web-based enterprise software that offers financial and human capital management solutions for various industries. The platform boasts unified finance and HR functionalities, bringing real-time insights and auditable process management via a modern SaaS model.
Workday stands out for its integrations with over 600 third-party tools, in-depth people analytics, and AI-driven employee engagement and skills management. It features the Workday Peakon Employee Voice, an AI-based tool for employee engagement, and the Workday Skills Cloud for AI-based hiring and employee development. It also includes mobile apps for employee self-service, such as timekeeping and viewing benefits.
Back office can not send back invoices
The system is Glitchy.
To many screens to click to find supplier payments
We took Workday as an opportunity to optimize our processes. We needed a modern solution like Workday. Our young staff likes that they can clock in and out with a mobile device. There was no training and it was quite intuitive. We like the real-time data that is accessible wherever we are. Managers have all the information they need to do a better job.
We’re mainly doing business in Puerto Rico. The reason for going into Workday as an integrated platform is because we had gone through a similar exercise a few years ago on the bank side. It let us acquire banks 3 times larger than our size and easily integrate the customer base. At other points in time we had fragmented systems on the back end which posed a problem. We looked at Workday as part of this biggest puzzle.
Workday has made the internal process more streamlined. It also puts the information on the fingertips of the rest of the organization. Now information is so available to us, and we see Workday as part of a larger ecosystem that supports the growth of the bank.
We employ 4,500 staff and 2,200 volunteers. We have 750 shops and stores. A challenge we were facing was having so many systems throughout our organization. These 6 systems did not talk to each other and were not connected.
We did not know who was in what team as you couldn’t see people across the organization. Each shop would need to submit a time-sheet into the HR center. These were sent via post or email, and then recalculated or reentered.
The reporting in Workday lets us drill down our data and makes a big difference in how we run our business. We like the integrity of Workday as well, as they will answer any question we have. Any of our stores can get answers from Workday directly which frees up our HR staff and lets them analyze data more and answer questions less.