PLEASANTON, Calif., Nov. 8, 2024
/PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading
provider of solutions to help organizations manage their people and
money, has been named a Leader in the 2024 Gartner Magic Quadrant
for Cloud ERP for Service-Centric
Enterprises] for the third year in a row. A
complimentary copy of the report is available here.
Workday empowers service-centric organizations across
healthcare, financial services, telecommunications, and more to
make confident financial decisions faster. More than 10,500
customers across the globe including Cushman & Wakefield, Drury
Hotels, Franklin Templeton,
RaceTrac, Unum, Vertex, and more use Workday to drive business
agility and adapt to the changing world of work. With Workday
Illuminate™, the next generation of Workday AI, customers are able
to accelerate common tasks and transform entire finance
processes, from budgeting to expense reporting.
"Workday's AI-powered solutions drive efficiency, productivity,
and cost savings by unifying people and financial data for
actionable insights and accelerated growth," said Terrance Wampler, group general manager, office
of the CFO, Workday. "We believe this recognition affirms our
commitment to delivering continuous innovation that empowers our
customers to propel their businesses forward and enhance
profitability."
Combining the Power of HR and Finance to Transform How People
Work
Workday combines finance, workforce and operational
data in a single system of record, providing organizations with
timely and accurate insights to help them scale their business and
meet their transformation goals.
Service-centric organizations use Workday Human Capital
Management (HCM), Workday Financial Management, and Workday
Spend Management to better understand the cost and profitability of
their workforce. This insight empowers organizations to increase
efficiency and identify new pathways for growth and increased
profitability.
With Workday, service-centric organizations can:
- Streamline core HR and finance processes, eliminating
inefficient and manual tasks in payroll, reporting, scheduling, and
more to deliver engaging experiences so employees can focus on work
that matters.
- Integrate seamlessly with external systems, creating a
trusted source of truth for finance and HR across industry-specific
systems, such as point-of-sale systems for retailers, claims
databases for insurance companies or loan systems for banks.
- Predict financial outcomes, delivering the most granular
set of insights to drive faster and more accurate analysis,
forecasting, and decision-making.
Customer Satisfaction Driven By Unmatched
Innovation
Gartner® Peer Insights™ documents customer
experience through verified ratings and peer reviews. As of
November 1, 2024, Workday reviews
include the following:
- "An enterprise cloud platform tailored for your modern business
requirements. The product provides an excellent array of features
effectively streamlining operational processes across various units
of organization such as HR management, financial operations, and
procurement." – Senior Engineer in the software industry [read full
review]
- "Implementation allowed us to simplify and standardize our
accounting operations, provide transparency and insights to support
data-driven decision making, and promote self-service reporting." –
Controller in the banking industry [read full review]
- "Workday has always exceeded our expectations in terms of the
time and effort they are willing to put into our success as a
Workday customer. We don't view Workday as just our Financial
system, we view them as a partner that has our best interest in
mind." – Vice President, Finance, Planning and Op in the
energy and utilities industry [read full review]
For More Information
- Download a complimentary copy of the report, 2024 Gartner®
Magic Quadrant™ for Cloud ERP for Service-Centric Enterprises.
- Read the blog, Workday Named a Leader in the 2024 Gartner
Magic Quadrant for Cloud ERP for Service-Centric Enterprises.
Gartner Disclaimer
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About Workday
Workday is a leading enterprise
platform that helps organizations manage their most important
assets – their people and money. The Workday platform is built
with AI at the core to help customers elevate people, supercharge
work, and move their business forever forward. Workday is used by
more than 10,500 organizations around the world and across
industries – from medium-sized businesses to more than 60% of the
Fortune 500. For more information about Workday, visit
workday.com.
© 2024 Workday, Inc. All rights reserved. Workday and the
Workday logo are registered trademarks of Workday, Inc. All other
brand and product names are trademarks or registered trademarks of
their respective holders.
Forward-Looking Statements
This press release contains
forward-looking statements including, among other things,
statements regarding Workday's plans, beliefs, and expectations.
These forward-looking statements are based only on currently
available information and our current beliefs, expectations, and
assumptions. Because forward-looking statements relate to the
future, they are subject to inherent risks, uncertainties,
assumptions, and changes in circumstances that are difficult to
predict and many of which are outside of our control. If the risks
materialize, assumptions prove incorrect, or we experience
unexpected changes in circumstances, actual results could differ
materially from the results implied by these forward-looking
statements, and therefore you should not rely on any
forward-looking statements. Risks include, but are not limited to,
risks described in our filings with the Securities and Exchange
Commission ("SEC"), including our most recent report on Form 10-Q
or Form 10-K and other reports that we have filed and will file
with the SEC from time to time, which could cause actual results to
vary from expectations. Workday assumes no obligation to, and does
not currently intend to, update any such forward-looking statements
after the date of this release, except as required by law.
Any unreleased services, features, or functions referenced in
this document, our website, or other press releases or public
statements that are not currently available are subject to change
at Workday's discretion and may not be delivered as planned or at
all. Customers who purchase Workday services should make their
purchase decisions based upon services, features, and functions
that are currently available.
1 Gartner Magic Quadrant for Cloud
ERP for Service-Centric Enterprises, Robert
Anderson, Denis Torii,
Sam Grinter, Naveen Mahendra, Tomas
Kienast, Johan Jartelius, 4 November
2024
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SOURCE Workday Inc.