Workday
technology has been one of the most successful Software as Service entrants
into the HRMS application market. The design and applied technology of the HR
system was specifically intended to handle the shortcomings of the traditional,
prior era on-premise software applications.
Learn IT
Training designed Workday training in a way to meet the industry standards by summarizing shortcomings in
traditional architecture like a) too much separation and segmentation of
business intelligence from the daily work and process; and b) not enough
attention was being paid to integration—especially in regards to the complexity
and unwieldy nature of add-ons.
We train students and
professionals in many courses like SAP training (All modules) i.e. SAP Technical training modules and also SAP functional training modules. We also provide other technologies like Oracle training, JAVA training, SQL server training, Hyperion training and many other IT courses in virtual online
medium.
The new
features of Workday for the next release of its
financials and HCM applications, most notably the unveiling of Insight
Applications, which use smart analytics to proactively recommend specific
choices.
Rather
than simply reporting on or visualizing data, the new analytics tools apply
data science and machine intelligence to produce predictive insights and
recommendations for specific business scenarios. They will run within Workday’s
HCM and financials applications without any need for separate data warehousing
and will include mobile functionality. Three are initially planned for HCM and
three for financials:
- Retention risk —analyzing which of an organization’s top performing employees are most at risk of leaving and recommending actions most likely to retain them.
- Career path recommendations — match candidates to the career moves that will be the best fit.
- Workforce scorecards — make recommendations for improving workforce performance against key metrics.
- Employee expense deviations — proactively identifying travel and entertainment expense policy abuse
- Customer collections — identifying potential late payments or defaults and recommending actions to minimize losses
- Financial score cards — make recommendations for improving financial performance against key metrics.
Other
crowd-pleasing additions announced today for current and future versions
of Workday include:
- A new mobile interface, the second refresh this year, which adds a ‘flat’ design in the style of Apple’s iOS 8 update. A preview is available immediately for iOS devices and customers will be given several months to get used to the new design before it is rolled out as the default.
- Improvements to the desktop UI (also included in the new mobile interface) including new scrolling org charts, dashboards and notifications.
- A fully mobile expense report creation and submission process.
- Full project management functionality targeting the professional services automation market.
- Inventory management.
Workday
has thrown down a challenge with today’s announcements, especially to SAP which
is also starting to promote machine intelligence tools running on its HANA
platform. Want know about HANA platform and its delivering from SAP HANA training. Infor has also
highlighted data science as a key area of product development. Clearly, a new
front is opening up in the feature battles between enterprise application
vendors.
Want to take
a Workday training to improve skills or to start career in workday register here.
For more training options,
Email:
contact@learnittraining.com
Phone: India +91 9912989639, USA
+12108585008
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