A substantial investment of resources and time has gone into Workday’s reporting and analytics functionality. As such, with business intelligence embedded directly, the Workday Reporting and Analytics gives users the ability to access and analyze data, research that data, before taking the right action— directly from the Workday HR system without error. Workday analytics also deliver efficient cost and time savings by improving the enablement of managers to have access to their own data and analyze it, while freeing the IT staff, but the most noteworthy advantage is how it improves decision -making by providing the right facts at the right time to the right resources. Furthermore, business insight is fast and dynamic with the simple but multi-dimensional capabilities that allow a proper action to be applied in the HR system over any report. Therefore, reports can be custom-made. Clients also have the option to leverage one of the various packaged reports Workday provides.
Asides Workday’s HR and Financial System inbuilt reporting functionality, Workday has recently acquired big data firm called Platfora that will further enhance its analytics power.
Overall, this merger will birth new reporting capabilities and enhanced analytics capabilities providing big organizations with unprecedented business insight. It will not only redefine how organizations run, but also help to redefine how these organizations run their reporting and analytics with a solution that is smarter, faster, and easier.