More broadly, our finance and IT teams are tightly aligned to improve the efficiency and agility of accounting, finance, sales, and procurement across our global organization. The team has deployed—or has on the roadmap—almost 98% of Workday system features, including new ones in biannual releases, across the following business units:
- Business finance.
- Sales and marketing.
Some of the business outcomes we’ve seen:
- Supported 41% annual growth from 2013 to 2020 and double-digit annual growth during the pandemic.
- Kept general and administrative (G&A) expenses at 6% of total revenue.
- Delivered $6.3 million in annualized G&A cost avoidance.
- Enabled the integration of the Scout RFP and Peakon acquisitions in three weeks.
Learn more about our story and how Workday goes beyond ERP. Harnessing the power to adapt to a changing world has never been easier with Workday Enterprise Management Cloud.
1Predicts 2022: The Office of Finance Is Consolidating Applications to the ERP Suite, John Van Decker, Robert Anderson, Greg Leiter, 12 November 2021
2Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises, John Van Decker, Denis Torii, Tim Faith, Sam Grinter, Patrick Connaughton, 12 July 2022
3Gartner, The Collective Governance for Composable ERP Deployment, Duy Nguyen, Tim Faith, 30 September 2021
4Charts created by Workday based on Gartner research. Gartner® Market Share: Enterprise Resource Planning Worldwide, 2021, Chris Pang, Abhilash Khalkar, 5 May 2022
Calculations performed by Workday, Inc.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.