Workday is a provider of solutions for financial management and human capital management (HCM) in the cloud. It offers a cutting-edge technology platform with enhanced data availability controlled from the cloud. This technology focuses offering Human Capital Management, Financial Management, and Payroll in an online domain, making it the most preferred option for software that delivers similar services to Oracle areas finance and human capital management. In addition offers a way to handle expenditure management, employee data, procurement, and time tracking from anywhere at any time. This online ERP vendor is regard as the SAAS king. You can take tutorial with the https://cloudfoundation.com/blog/workday-training-and-tutorial/
Even though Workday offers a variety of products, the Workday architecture can help you comprehend the services it will be the great post to read:
Services for Persistence:
It has a NoSQL database document and a SQL database for business objects. OMS will upgrade the items in the database each time we make changes.
Services for Object Management:
It serves as the foundation of the building. Several services combine to form an in-memory database. All the business logic for the Workday applications will implemented in the OMS.
It supports a variety of browser-based and mobile clients. We can instantly create user interfaces for the iPhone, Flash/FLEX, mobile HTML, etc.
It enables the import of data from legacy systems into Workday. Additionally, it assists current clients who wish to purchase additional Workday products.
The operations team at Workday expertly monitors effectiveness and stability of every service. Sensu and Prometheus used the operations team to gather the health data, and they will present the information on the Wavefront dashboards. The operations team organises the event logs using Kafka and stores them in HDFS (Hadoop Distributed File System).
Workday offers a variety of tools that can meet the needs of large and medium-sized businesses. The different Workday products are as follows:
1. Financial Administration
Through cloud ERP software, Workday enables financial efficiency with control over processes like procurement, reporting, projects, and accounting. We can alter reporting and processes without negatively impacting the business.
2. Business Planning
Through Workday Adaptive Planning, Workday enables the execution, planning, and analysis of the process. It improves corporate performance. It largely depends on Workday ERP’s Elastic Hypercube technology, Workforce planning, and Financial planning.
Workday’s analytics platform turns data into understanding that can use inform decision-making. The features of Workday Analytics solutions include Prism Analytics and People Analytics.
4. Human Resource Management
We use Workday’s HCM (Human Capital Management) module to manage HR tasks, which includes hiring, planning, and giving our workers visibility. It helps us manage the lifespan of our employees.