Interview Questions and Answers 🙂 🙃
1. What is Workday?
Workday is a new generation cloud-based vendor that specializes in human capital management and financial management applications.
It's a pioneer in Saas business applications and recognized as a leader for its use and quick implementation, compared with HCM and other finance applications.
Workday is delivered in the cloud and leverages modern technology platforms that will provide greater information accessibility.
2. What are the modules in the Workday?
Following are the Workday modules:
Workday for Finance and Supply Chain
Workday for HR and Payroll
Workday's Foundation Data Model
Workday Reporting
3. List out the main Workday features.
The main features of Workday are:
Performance management
Time tracking
Recruiting and Onboarding
Human Resource Management
Audit and Internal controls
Payroll solutions
Goal management
Career and development planning
Accounting and Finance
Big Data Analytics Integration
Talent Management
Centralized Business Management
Cloud Connect for Third-party payroll
4. What are the advantages of Workday?
Workday benefits include:
Increased productivity - Using separate and disconnected systems for essential processes results in an operational slowdown. Most of the medium-sized businesses reported that productivity has increased when moved to Workday (a single system).
Better insight into company data - Surveys state that a single system gives greater visibility into relevant data and better reporting. With Workday, you can turn data into insight and insight into action.
Build a happy, motivated workforce - Improves employee engagement that helps them to grow at every stage of their career.
Improved operational efficiency - Most businesses reported that operational efficiency improved when moved from multiple to a single system. Workday delivers company commitments more quickly and cost-effectively than before.
Manage Compliance and risk - Workday provides tools to amplify audit and Compliance and meet new regulations with ease.
Reduced costs - Bringing together several essential functions can reduce the technology costs, maintenance, and staff time.
5. What companies use Workday?
Companies using Workday:
Walmart
Netflix
Adobe
Salesforce
VISA
Siemens
Santander
Prudential
COMCAST
Puma
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