Uses of Workday Payroll Connector | Workday Online Training

Learn IT Training is one stop destination for all online IT courses training with industry best practices and providing guidance to the students endeavoring for the career development in IT sector. In workday training provided by us will teach you starting from the basics, Deployment, Document transfer, Time management, workday calculated fields, employee compensation management, iLoads, and workday integration. In this article we will have an insight into workday integration cloud platform.

The Workday tool is an alternative to ERP tools for HR and financial management. Many companies using this technology to support their international growth. Learn IT Training is providing workday ERP training to fresh graduates/professionals worldwide through online and classroom classes. This workday online course includes workday HCM functional, workday HCM technical integration and workday payroll. We also provide SAP training in which HCM is integrated with SAP is SAP HCM module.

Workday payroll: It is an advanced payroll system that uses modern calculation engine to handle complicated and specific requirements of organizations. Workday payroll comes with prebuilt reporting tools that provide very useful and intelligent insight to organizations.

• With Workday Payroll Connector you can:
• Capture all personal and job/position data within Workday HCM.
• Assign employees to the appropriate pay groups directly.
• Define Earnings and Deductions, Benefit Plan Deductions, Pay Periods, Benefits, and Allowances to match the required structure for your organization.
• Structure pay groups to match the requirements of the payroll application.
• Configure and populate custom payroll fields that are required by the payroll application.
• Define transactions as one-time or one-off payroll events.
• Transfer only HCM events that have a payroll impact to the payroll application for processing.
• Restrict amount of data transferred to the changes that occur within a time increment for a specific employee pay group.
• Format and validate that data conforms to the requirements of the payroll application.
• Run a Payroll Data Audit to see exactly what data was captured, selected, and sent to payroll.

Additionally, the bi-directional nature of the Payroll Connector enables organizations to import data from a third-party payroll provider back into Workday HCM, providing a comprehensive view of payroll data across the global workforce. This new level of insight will allow users to analyze data in support of more effective decision making such as:

• Improving cash forecasting
• Comparing actual to budget
• Optimizing pay ranges
• Managing allowances and overtime policies
• Better understanding the true cost of the global workforce

Simplifying Payroll

Ensuring a clean, configurable, bi-directional integration between your core HR system-of-record and your external payroll provider is important. With built-in Workday HCM features, configurable web services that identify only the relevant transactions to transmit, and validation tools to ensure accuracy and completeness, Cloud Connect for Third-Party Payroll makes integrating with payroll providers faster, easier, and simpler for your payroll department.

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