Press release
Workday Announces Global Payroll Connect - One Solution to Manage All of an Organization's Payroll Needs
Company Unleashes the Power of the Workday Partner Ecosystem to Streamline and Simplify the Payroll Experience PLEASANTON, Calif., Aug. 20, 2024 /PRNewswire/
About this update from Workday, Inc.
[{"type":"text","content":"Company Unleashes the Power of the Workday Partner Ecosystem to Streamline and Simplify the Payroll Experience\nPLEASANTON, Calif., Aug. 20, 2024 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money, today announced Global Payroll Connect, a unified global payroll solution that can seamlessly connect with payroll providers to deliver an end-to-end global payroll experience. With integrations across Workday's global partner ecosystem, Global Payroll Connect will empower customers to manage all of their payroll, HR, and workforce needs right within Workday.\n\n \n \n \n \n \n \n\n \nAccording to a new report from Workday, half of global organizations do not have a single view of all global payroll, real-time visibility into workforce costs, or real-time data integration – making it difficult to understand spend across the global workforce and know whether payroll data is accurate and compliant.\nWith pre-built API integrations, Global Payroll Connect can reduce implementation costs up to 50% and provide a single point of access and visibility into payroll processing status across an organization's global workforce. This streamlined experience enables customers to process and access critical components as they run payroll – including workforce data, absence, time tracking, benefits, compensation data, and more – without needing to create custom integrations.\n\"On average, organizations manage five or more payroll systems, which is time-consuming, costly, and can lead to data reconciliation issues,\" said Cristina Goldt, general manager of workforce and pay, Workday. \"Together with our partners, we're making it easier for customers to consolidate all their global payroll operations right within Workday to provide their employees with a better, more efficient way of accessing and controlling their payroll data.\"\nWith Global Payroll Connect, customers will be able to:\nAccelerate deployment times, reduce costs, and maximize time-to-value by eliminating the need to create and maintain numerous integration systems across local payrolls.Increase efficiency by bringing together global payroll operations – whether it's a Workday payroll solution or partner provided – all within Workday, giving them a single source of truth that includes HR, workforce, and pay ...