Workday Recognized as a Leader in 2024 Gartner? Magic Quadrant? for Cloud ERP for Service-Centric Enterprises for Third Consecutive Year

In This Article:

PLEASANTON, Calif., Nov. 8, 2024 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money, has been named a Leader in the 2024 Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises] for the third year in a row. A complimentary copy of the report is available here.

(PRNewsfoto/Workday)
(PRNewsfoto/Workday)

Workday empowers service-centric organizations across healthcare, financial services, telecommunications, and more to make confident financial decisions faster. More than 10,500 customers across the globe including Cushman & Wakefield, Drury Hotels, Franklin Templeton, RaceTrac, Unum, Vertex, and more use Workday to drive business agility and adapt to the changing world of work. With Workday Illuminate?, the next generation of Workday AI, customers are able to accelerate common tasks and transform entire finance processes, from budgeting to expense reporting.

"Workday's AI-powered solutions drive efficiency, productivity, and cost savings by unifying people and financial data for actionable insights and accelerated growth," said Terrance Wampler, group general manager, office of the CFO, Workday. "We believe this recognition affirms our commitment to delivering continuous innovation that empowers our customers to propel their businesses forward and enhance profitability."

Combining the Power of HR and Finance to Transform How People Work
Workday combines finance, workforce and operational data in a single system of record, providing organizations with timely and accurate insights to help them scale their business and meet their transformation goals.

Service-centric organizations use Workday Human Capital Management (HCM), Workday Financial Management, and Workday Spend Management to better understand the cost and profitability of their workforce. This insight empowers organizations to increase efficiency and identify new pathways for growth and increased profitability.

With Workday, service-centric organizations can:

  • Streamline core HR and finance processes, eliminating inefficient and manual tasks in payroll, reporting, scheduling, and more to deliver engaging experiences so employees can focus on work that matters.

  • Integrate seamlessly with external systems, creating a trusted source of truth for finance and HR across industry-specific systems, such as point-of-sale systems for retailers, claims databases for insurance companies or loan systems for banks.

  • Predict financial outcomes, delivering the most granular set of insights to drive faster and more accurate analysis, forecasting, and decision-making.