As companies strive towards achieving their business goals, they find themselves constantly on the lookout for ways to harmonize their talent management with cutting-edge technology. From the most tenacious start-ups to established businesses around the world, everyone shares the pressure to uncover creative new methods to harness technology to their advantage. But in this landscape of fierce corporate competition, perhaps nothing is more critical than a Financial Management System and Human Capital Management. These essential factors support businesses in restructuring and ultimately enable them to navigate the ever-changing terrain of the modern business world with ease. 

Workday offers an adaptable cloud-based financial management and human capital management that is fit for your organization’s individual needs. Its comprehensive applications bring today’s businesses innovative ways to manage their finances more efficiently, recruit talent quickly and accurately, access real-time data with speed and accuracy, and provide unparalleled user experience designed with efficiency in mind. With the right technology, strong HR processes can be implemented by optimizing cost structures while staying true to a company’s own goals. 

Workday Personnel Management (HCM) Solution: 

Workday HCM is an intuitive system can integrate multiple core HR processes such as Business Management, Human Resource Management, and Evaluation Criteria to ensure consistency worldwide. Managing the complete lifecycle of an employee, from recruitment to compression, has never been easier.  

Workday is the powerhouse of Human Capital Management. With over 55 million users all around the world making 365 billion transactions yearly, it’s safe to say that Workday is a force to be reckoned with. Don’t believe us? More than 50 of the top Fortune 500 companies use Workday for their HCM needs. And it’s not just about managing your workforce – Workday can even help predict your next move.  

Want to know your competition’s talent pool? Or the exact compensation levels in your industry? Workday can do all that and more. With its advanced data analysis, it gives you the upper hand in navigating your career path. In fact, it’s so good that you could even use it to inform your resignation from your current job before you’ve even started your next job hunt. Now that’s the kind of power HR dreams are made of! 

Human Capital Management doesn’t your employees like mere resources! With HCM, you’ll be maximizing the potential of your team by treating them as the valuable assets they truly are. Not only will this benefit your company overall, but individual employees will have the opportunity to showcase their creativity and help drive the company towards achieving its long-term vision. Say goodbye to outdated approaches and hello to a more innovative and effective way of managing your workforce. 

Few Unique Features: 

As a workday consultancy, we know firsthand the importance of streamlined and accessible enterprise software. That’s why we’re excited to boast about the incredible benefits of Workday – a platform built on the foundation of disruption. Over a decade later, Workday still leads the pack in delivering a revolutionary enterprise software experience. While there are plenty of benefits to love, one that stands out is the mobile experience. With easy access to critical information on any device – from tablets to mobile to desktops – Workday offers unparalleled flexibility and convenience. Best of all, you won’t have to pay a penny extra for the privilege. Ready to join the Workday revolution? Let’s talk more. 

Recruiting: 

Workday offers a recruiting solution that can streamline your hiring process from start to finish. The Workday’s revolutionary platform, allows companies to easily share, find, engage, and select the perfect candidates – all in one place. With features that enable collaboration and real-time analysis, you’ll be able to track everything from open positions to specific candidate profiles, creating a seamless and efficient system that will help you build the best team possible. So why waste time juggling multiple tools and platforms? Let Workday’s recruiting solution do the heavy lifting for you. 

Human Resource Management (HRM): 

Human Resource Management just got a major upgrade with Workday’s HCM. Now, organizations can effortlessly manage and organize their workforce in the most effective way possible. And that’s not all! Asides from the self-service options for managers and employees, the HCM comes loaded with features like absence management and compensation management. It’s time to say goodbye to old-school HR practices and hello to a game-changing HR solution. 

Talent Management: 

With Workday suite’s talent management tools, you can say goodbye to the headaches of manual management and hello to seamless, efficient operations. With features including goal management, onboarding, succession planning, performance management, and career and development planning, you’ll have everything you need to keep your employees happy and productive. Streamline your HR process and elevate your workplace with Workday’s talent management suite. 

Payroll: 

The dynamic platform has everything you need to streamline your payroll process and maximize efficiency. Say goodbye to the days of laborious batch calculations and hello to a more intuitive and flexible system that allows you to make multiple payroll calculations, either by worker or group. You’ll love the added bonus of having access to audit reports that ensure compliance and accuracy. And if you have employees located outside of North America, no problem! Workday seamlessly integrates with third-party payroll providers, making it easy to access local services while still managing everything through the Workday cloud.  

Big Data Analytics for HCM: 

Discover the true potential of your business with Workday’s Big Data Analytics! By analyzing not only Workday data but also external data sources, you can gain a deeper understanding of the bigger picture. Take advantage of their pre-built analytics templates to tackle important business issues such as retention, workforce planning, and diversity. Gain invaluable insights into compensation, pay-for-performance, and payroll cost analysis.  

Time Tracking: 

Workday is a modern and efficient way to track your work hours. This innovative platform lets you easily clock in and out using any device, from desktop computers to mobile phones. And if your company relies on physical time clocks, Workday seamlessly integrates with them thanks to its powerful API. With Workday you can stay organized and stress-free! 

Financial Management Solutions of Workday: 

Financial Management has revolutionized the way businesses operate with its innovative solutions that simplify the arduous tasks of summarization, procurement, accounting, planning, reporting, project, and analysis. It has made it easier for companies to get an accurate overview of the financial status of their business, thanks to its cutting-edge finance management system. Now, with the introduction of Artificial Intelligence (AI) technology by ERP providers, businesses can anticipate which organizations may not meet payment targets based on information and data. While Workday has focused on the finance and personnel core areas, the ERP market as a whole still lags behind the dominance of SAP and Oracle. Nevertheless, the potential for Financial Management and AI to work in tandem is promising and exciting for the future of business. 

All in all, with Mergen IT and the power of Workday HCM, organizations can create much-needed agility and become change-ready. We offer solutions that are adaptive to digital disruption and will equip organizations with a reliable platform to accelerate successful HR transformation. Our solutions get it right the first time – creating opportunities for businesses to make smarter decisions about their financial data and drive better results for the organization. Thanks to Workday’s effortless scalability, you can confidently make adjustments to meet the changing needs of your business without disruption. Discover more today – speak with one of our experts and take advantage of the comprehensive set of financial applications from Mergen IT & Workday! For Workday implementation & integration partners, please contact us – we would be delighted to discuss details further.