Tuesday, June 18, 2013

Workday, Inc.: Making Management of Finances and Manpower Better



With David Duffield and Aneel Bhusri as co-Chief Executive Officers, Workday, Inc. continues to make inroads into its thrust of providing excellent cloud-based human resource and financial management services at a more affordable cost than their competitors. When we say competitors, the company means Oracle and SAP in particular, the former of which staged a hostile takeover in 2005 of PeopleSoft, the company founded and managed by Duffield with Bhusri as his chief strategist.

The company launched a successful IPO on October 2012 and now trades at the New York Stock Exchange with ticker name WDAY. Its present headquarters are in Pleasanton, California with over 20 locations in the United States staffed by over 1,750 employees. Its revenues as of October 2012 were $119.5 million although the company does not expect to turn a profit in the near future.

But it is not just its history of hostile takeovers followed by successful IPOs and doubled revenues that make Workday a rising star in the highly competitive global software industry. Instead, its excellent products and services notably online software are being patronized by more and more companies from mid-sized businesses to multi-billion Fortune 500 corporations.

Take a look at a few of these products and services:

  • By Applications

Workday combines human resource and finance management solutions into a single seamless system with the conviction that each one drives the other to top performance. The system includes Workday Financial Management, Workday Human Resource and Talent Management, Workday Big Data Analytics, and Workday Integration Cloud.

  • By Industry

Workday provides products and services that will grow with their clients, so to speak. Industries served include financial services, healthcare and life sciences, manufacturing, higher education, and retail and hospitality as well as the government sector.

  • By Role

Executives, managers and supervisors can rely on Workday for solutions designed to assist in better decision-making processes. Choose from solutions for CEOs, CFOs and CHROs.

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