Workday HCM Training in Pune

Benefits and Applications  Of  Workday HCM

Modern businesses operate in highly competitive, complex global environments. An organisation must thoroughly understand its global workforce in order to make quick and meaningful business decisions and rise above the competition. Designed for the way people work, the Workday Human Capital Management (HCM) suite enables you to embrace change by providing workforce and operational insights.

Unified, Global Cloud Applications

 When your global information comes from one unified source, it’s always up to date and available anytime, anywhere.

 With a unified suite of applications, you can ensure consistency, gain visibility, and accommodate unique business requirements around the world

Actionable Insight

Workday’s in-memory data management, speed, and efficient delivery of embedded business intelligence help you to unlock your organisation’s potential. Actionable analytics and reporting give you unprecedented insight.

Agility

Innovative technology lets you easily configure, adapt, and automate your applications to meet your company’s evolving needs. It’s flexible without additional cost, even after deployment.

User Interface

Workday’s simple interface across the entire suite inspires people to use the intuitive applications.

Human Capital Management

Workday HCM is built from the ground up and delivered in the cloud. It is the only global enterprise application that unifies human resources, benefits, talent management, payroll, time and attendance as well as recruitment.

Human Resource Management

• Workday HCM offers intuitive, self-service capabilities that help you to organise, staff and pay your global workforce.
• As changes occur with business circumstances and requirements – including organisation structures, business-process rules, worker assignments, and reporting priorities – they are immediately updated in Workday. Workday Human Resource Management lets you establish global consistency but allows for local variation.
• You get meaningful business insight across borders and throughout business processes. Workday Compensation helps you to manage employee compensation by consolidating information across multiple plans, teams and geographies.
• Workday Absence has an easy-to-use, intuitive interface that allows you to access and process absence information.

Talent Management

• Achieving your goals and objectives depends on the quality of the people in your organisation. Workday Talent Management gives you the tools to improve the way you manage, develop, align and reward your employees. Workday Onboarding reduces administration and cuts cost by helping new workers to assimilate quickly into the organisation.
• Workday Goal Management helps organisations to create and manage meaningful goals that align and focus the workforce.
• Workers become more engaged and motivated because the system’s transparency lets them see how their work is linked to the organisation’s success.
• Workday Performance Management offers accurate, real-time insight into the performance, skills and development needs of the workforce.
• Workday Succession Planning provides the tools you need to identify the best people across your organisation so that you can engage and develop those with high potential.

You can also avoid critical leadership gaps and prepare the organisation for the future.

Benefits

Workday Benefits Administration lets you define, manage and adjust benefits plans to meet your unique business requirements. You can track employee-data changes within Workday HCM and update benefit providers automatically through Cloud Connect for Benefits. Your organisation can manage health, insurance, spending accounts, health savings accounts, retirement savings plans, flex plans and additional benefits from a single, unified system.

Payroll Solutions

• Workday Payroll Workday Payroll is designed to address the full spectrum of enterprise payroll needs for US and Canadian companies. The flexible application allows complete control over payroll processes, data and costs.
• Workday Payroll’s powerful calculation engine supports unlimited pay groups and pay runs. Companies can retrieve and act on payroll data immediately to recalculate payroll as many times as needed. Configurable security allows business partners outside of payroll to give input and view results before payroll completion.
• The application’s built-in analytics allow users to set up comprehensive audits that are embedded into payroll results, and drill into audit alerts to investigate.
• Companies can run an unlimited number of reports and audits on payroll data and immediately get the insight they need