Workday

Workday

Cloud applications for finance and HR management

About Workday

Simplify's Rating
Why Workday is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Consulting

Enterprise Software

Company Size

10,001+

Company Stage

IPO

Headquarters

Pleasanton, California

Founded

2005

Overview

Company Historically Provides H1B Sponsorship

Workday provides enterprise cloud applications that focus on finance and human resources for medium to large-sized businesses across various industries. Its main products include Workday Human Capital Management, Workday Financial Management, Workday Adaptive Planning, and Workday Student, which help organizations manage their workforce and streamline financial operations. The software operates on a subscription model, allowing clients to pay a recurring fee based on the number of users and specific modules needed. This model supports continuous updates and improvements to the software. Workday stands out from competitors due to its strong emphasis on customer satisfaction and employee engagement, offering tools like Workday Peakon Employee Voice to enhance workforce experience. The company's goal is to provide essential tools that improve operational efficiency for businesses.

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Simplify's Take

What believers are saying

  • Workday's AI integration enhances workforce optimization and financial forecasting.
  • The company is expanding its market presence with new leadership in Canada and ASEAN.
  • Workday's recognition in Gartner's Magic Quadrant boosts its credibility in the ERP sector.

What critics are saying

  • Emerging AI-driven ERP solutions increase competition for Workday.
  • Economic uncertainties may reduce spending on enterprise software, affecting Workday's growth.
  • Potential regulatory changes in data protection could increase operational costs for Workday.

What makes Workday unique

  • Workday offers a comprehensive suite of cloud-based enterprise applications for HR and finance.
  • The company is recognized as a leader in the HCM and ERP markets.
  • Workday's subscription model ensures continuous software updates and customer engagement.

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Funding

Total Funding

$852.3M

Above

Industry Average

Funded Over

5 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Flexible Work Hours

Hybrid Work Options

Performance Bonus

Stock Options

Professional Development Budget

Conference Attendance Budget

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

↑ 1%

1 year growth

↑ 1%

2 year growth

↑ 1%
Workday
Jun 5th, 2025
Get Workday news by email.

Workday was the only vendor to be recognized with the Customers' Choice distinction among the five ERP providers peer-reviewed in the report.

Simply Wall St
Jun 3rd, 2025
Workday (NasdaqGS:WDAY) Revolutionises AI Integration With New Developer Toolset And Partner Network

Workday (NasdaqGS:WDAY) recently launched its Workday Agent Partner Network and a unified AI developer toolset, marking significant advancements in AI integration and collaboration.

Cache Valley Daily
May 21st, 2025
Workday Named a Leader in 2025 Gartner(R) Magic Quadrant(TM) for Cloud-Based ERP for U.S. Local Government

Assessed for Workday Human Capital Management and Workday Financial Management, Workday is positioned highest in Execution and furthest in Vision

Workday
May 20th, 2025
Discover the core values that guide us.

PLEASANTON, Calif., May 20, 2025 /PRNewswire/ - Workday, Inc. (NASDAQ: WDAY), the AI platform for managing people, money, and agents, today announced the appointment of Edward Charter as country leader for Canada.

ManageEngine
Apr 9th, 2025
Discover integrations with over 100 business-critical applications from AD360

SIEM solutions such as Splunk, LogRhythm, and ManageEngine Log360 can be integrated with AD360 to enhance security monitoring and incident response.

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