Lesson 01: Introduction to Workday

Workday is a cloud-based enterprise resource planning (ERP) software primarily designed for human capital management (HCM). It offers a suite of tools to streamline various HR functions, including:

  • Core HR: Managing employee information, payroll, benefits, time and attendance.
  • Talent Management: Recruiting, onboarding, performance management, learning and development.
  • Payroll: Processing payroll, managing taxes, and handling compliance.
  • Benefits: Administering benefits plans, including health insurance, retirement plans, and time off.
  • Time Tracking: Tracking employee hours, managing overtime, and calculating time off.

Key Benefits of Workday:

  • Cloud-Based: No need for on-premise hardware or software, reducing IT costs and complexity.
  • Scalability: Easily adapts to changing business needs and growth.
  • Integration: Seamlessly integrates with other business systems, such as financial and accounting software.
  • Mobile Access: Employees can access HR information and perform tasks from their mobile devices.
  • Analytics: Provides insights into HR data to support informed decision-making.

Workday is a popular choice for organizations of all sizes due to its user-friendly interface, flexibility, and focus on improving HR efficiency and productivity.

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