Gartner names new leader in Magic Quadrant

Workday positioned as a leader based on completeness of vision and ability to execute

 Workday (NASDAQ:WDAY), a leader in enterprise cloud applications for finance and human resources, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the inaugural 2022 Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises* based on completeness of vision and ability to execute.

Workday Enterprise Management Cloud brings together core financials, human resources, and operational data in one adaptable system to help provide service-centric organisations with predictive insights, greater agility, and engaging experiences. Workday Financial Management, Workday Human Capital Management (HCM), Workday Adaptive Planning, Workday Accounting Centre, Workday Prism Analytics, and Workday Spend Management can integrate seamlessly into the customer’s technology ecosystem to help transform the way organisations operate across finance, human resources, and procurement.

Helping Customers to Accelerate Transformation
With more than 9,500 customers across 175 countries, Workday continues to deliver innovative solutions that help enable service-centric enterprises to navigate transformation in the changing world of work.

With Workday, service-centric organisations can:

• Gain more meaningful insights and adapt business strategies to match the speed of change. Employees and extended workers often represent the largest source of spend for service-centric organisations. By combining operational data with finance and worker data, organisations are empowered to make real-time, data-driven decisions to help maximise profitability and performance across talent populations. With Workday’s intelligent data core, organisations can integrate and manage multiple data sources, allowing visibility across their ecosystem in one place. For example, an organisation can respond to dynamic changes by modelling new strategies and taking action, as well as aligning the workforce to business needs.
• Fuel automation and increase efficiency in mission-critical business processes. Workday helps orchestrate seamless processing across the front, middle, and back office technology ecosystem, creating a connected and frictionless experience that helps increase employee productivity. For example, with the ability to conduct continuous accounting and embedded machine learning to help automate transactional processes, as well as workspaces that help enable collaboration across finance teams, employees have more time to focus on strategy and analysis.
• Unlock the potential of the most valuable resource – the workforce. Human capital is the most complex, multi-dimensional asset service-centric organisations have to manage. Workday helps organisations map people resources to business needs, including upskilling, job rotations, and training. In addition, with Workday Peakon Employee Voice, leaders can get real-time insight into employee sentiment so organisations can turn feedback into dialog and action. With these tools, organisations can better manage critical people resources to help improve retention and reduce attrition.

Ability to Execute Drives Customer Satisfaction
Workday achieved an industry-leading 97% customer satisfaction rating in its latest customer satisfaction survey driven by the ability to execute effectively for customers facing the growing challenges of today’s volatile climate. Additionally, Gartner® Peer Insights™ documents customer experience through verified ratings and peer reviews. As of July 1, 2022, Workday customer reviews include the following:

• “Moving from an aging on-premise ERP solution to Workday was a breath of fresh air. Selecting Workday as our corporate HR ERP solution has provided us with stability, flexibility, and ease of use.” — ERP Director in the Banking Industry [read full review]
• “Great tool that allows [us] to keep Finance and HR core operations within the same tool as a single source of truth.” — Sr. Director of Information Systems in the IT Services Industry [read full review]
• “The actionable insights to optimise the process is commendable. Whether it is working hours or paid time off, everything is answered.” — Centre Head in the Higher Ed Industry [read full review]