Workday Enterprise Resource Planning (ERP) Tool

Workday Enterprise Resource Planning (ERP) Tool

Last Updated Nov 30, 2024

Overview

Workday ERP software offers comprehensive solutions for enterprise resource planning, taking things a step ahead with its enterprise management cloud. While navigating it may be challenging at times, its scalability and real-time insights make it a useful asset for businesses aiming for efficiency and growth.

Overall Rating

Based on 17 users reviews

4.4

Rating Distribution

Positive

88%

Neutral

12%

Negative

0%

Starting Price
Custom

What is Workday?

Overview

Workday is a cloud-based SaaS (Software as a Service) solution designed to provide Enterprise Resource Planning (ERP) tools to businesses of all sizes across various industry verticals. The software offers a range of accounting and administrative tools to provide businesses with real-time insights, global visibility, and predictive analytics. Workday cares about their clients’ roles when working towards the system’s development. A solitary adaptation of this solution is accessible to address the issues of diverse organizations, as Workday additionally coordinates with an enormous number of business frameworks and applications.

Workday consolidates financials, HR, planning, talent, payroll, analytics, student, and more in a single unified system. The financial management solutions include accounting and finance, revenue management, reporting, and analytics, consolidate and close, revenue management, accounting center, financial planning, expenses, procurement, and project accounting. Audit tools, inventory management, and grants management are also included. Among other features, users are also provided with absence management, benefits administration, as well as automated reconciliation of bank statements.

Pricing: Workday charges are based on the number of modules and users on the platform. Pricing starts at $100 to $200 per employee with a minimum of a three-year contract.

USP: Its unique Prism Analytics tool enables users to upload data from other software solutions to create consolidated reports.

Product Advantages: Intuitive and easy-to-use functionalities. It can easily audit changelogs.

Product Limitations: Too many features make it very complex and difficult to learn but it surely is worth it once you do. Expensive training.

Pros And Cons of Workday Enterprise Resource Planning (ERP) Tool

Pros

  • The HCM feature streamlines administration and performance management

  • Provides real-time data access and robust reporting capabilities

  • Being cloud-based, it allows for seamless updates and scalability

  • The software is noted for its strong security protocols

Cons

  • Some users have noted that the software's user interface could benefit from a modern update

  • Customer support services need improvement

Frequently Asked Questions

Yes, Workday offers a comprehensive API.

Workday primarily supports English, but it also offers multilingual capabilities, including languages such as Spanish, French, German, Chinese, and more, making it accessible to a global user base.

Workday integrates with a variety of applications, including popular tools like Salesforce Engage, Microsoft Office 365, Adobe Sign, Slack, and many others.

Yes, Workday supports mobile devices.

The software offers a custom pricing plan with a 30-days free trial. Get in touch with us to get a personalized Workday pricing quote.

The typical users of Workday include large enterprises, mid-sized businesses, and organizations across various industries like finance, healthcare, education, technology, and retail.

Workday provides extensive support through various channels. Users have access to training resources, 24/7 support, and the Workday Community for additional assistance and collaboration.