Scribd
Upload
230 views2 pages

Datasheet Workday Projects

Workday Projects allows organizations to plan, staff, track, manage and analyze projects, talent, and finances in a single system. Key benefits include assigning the right people to projects using rich talent data, tracking and budgeting project costs, and gaining insights into operations and financials through embedded analytics. Unlike standalone project management systems, Workday Projects integrates with other Workday applications like HCM, financials, expenses and time tracking to provide a seamless experience and eliminate data reconciliation.

Uploaded by

ALH
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
230 views2 pages

Datasheet Workday Projects

Workday Projects allows organizations to plan, staff, track, manage and analyze projects, talent, and finances in a single system. Key benefits include assigning the right people to projects using rich talent data, tracking and budgeting project costs, and gaining insights into operations and financials through embedded analytics. Unlike standalone project management systems, Workday Projects integrates with other Workday applications like HCM, financials, expenses and time tracking to provide a seamless experience and eliminate data reconciliation.

Uploaded by

ALH
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

Workday Projects

With Workday Projects, you can plan, staff, track, manage, and analyze your Key Features and Benefits
organization’s projects, talent, and financials in one system. Unlike bolt-on project • Plan, manage, and report billable

management systems, Workday Projects is part of a single seamless system and non-billable projects

• Use rich talent data to assign the


with other Workday applications, including Workday Financial Management,
right people to the right projects
Workday Human Capital Management (HCM), Workday Expenses, and Workday
• Track, budget, and forecast project
Time Tracking. By bringing these elements together, you can eliminate cost including labor, expenses, supplier
reconciliation, gain insight into what makes teams and projects successful, invoices, JE allocation

and learn ways to improve resource utilization and project profitability. • Bill customers and recognize
revenue for project-, usage-, and
subscription-based pricing models
Key functions:
• Gain insights into talent, operations,
Plan work.
and financials with live data and
• Use external resource demand from the CRM system to plan embedded analytics

projects seamlessly, manage staffing, and costing quickly. • Proactively alert and strengthen
governance through system-
• Model all types of billable and nonbillable work, including product wide configurable business

development, projects, campaigns, client service delivery, grants, process workflows

and more.

• Manage project booking status, timelines, milestones, and status


updates from any device at any time.

• Streamline project creation and strengthen compliance through


templates covering project plans and resource plans.

• Enable superior portfolio and project planning with demand


forecasting and utilization reports.

Manage talent.
• Staff contingent or full-time workers based on availability,
competencies, job profile, performance, interests, and more.

• Gain a holistic view of your staffing needs with a centralized


resource management dashboard and quickly take actions.

• Use dynamic resource pools and flexible faceted search


to automate resource assignment and improve utilization.

• Track the skill acquisition of consultants as they complete


projects to improve staffing decisions and reduce attrition.
• Harness big data and machine learning to predict Analyze work results.
overall workforce attrition and identify high • Access real-time reporting and drill-down
performers at risk to proactively retain them. configurable metrics to find out what, why, and how,
then take actions based on embedded analytics.

Monitor costs and progress.


• Perform all project costing, margin and profitability
• Account for both billable and nonbillable work analyses, and financial reporting in a single system.
to gain a complete view of revenue, costs, and
• Gain visibility through dashboards into key project
profitability for all projects.
metrics, such as project status, duration, resource
• Capture, capitalize, and analyze project costs demand, and project budget versus actual.
including labor, expenses, supplier invoices and
• Accurately monitor and manage both labor and
journal entry allocation.
spend costs over the entire course of a project.
• Create and manage project budgets at both
• Support automated journal creation for multibasis
bottom-up and top-down levels.
asset accounting in capital projects.
• Enable dynamic and scalable resource forecasts
• Enable quick and easy business dimensionality
by using the Excel-like worksheet functionality.
analysis from any angle.
• Equip your global workforce with time tracking,
expense entry, and purchase orders associated Workday Projects provides better alignment, execution,

with projects—on the go. and results than standalone project systems, enabling
your organization to maximize productivity, motivate
• Increase visibility and control through customer-
workers, and grow utilization and profitability.
defined workflows for reviews, approvals, and
notifications of project changes.

+1.925.951.9000 | +1.877.WORKDAY (+1.877.967.5329) | Fax: +1.925.951.9001 | workday.com

©2019. Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks
or registered trademarks of their respective holders. 20190328PROJECTS-ENUS

You might also like