Company Historically Provides H1B Sponsorship
Workday builds cloud software that organizations use to manage employees, finances, and business plans. Its Human Capital Management and Financial Management applications handle processes such as hiring, payroll, expenses, accounting, and reporting, while Adaptive Planning helps teams build budgets and forecasts. Users work in connected applications with shared data and permissions, and Workday also sells AI tools that search information and carry out HR and finance tasks. Customers pay for subscriptions, with additional revenue from implementation, training, and other professional services. Workday was founded in 2005 and is headquartered in Pleasanton, California.
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Company Size
10,001+
Company Stage
IPO
Headquarters
Pleasanton, California
Founded
2005
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Total Funding
$5.4B
Above
Industry Average
Funded Over
8 Rounds
Invisors, a Workday Services Partner, is expanding PayBill Suite, a set of Marketplace Apps for staffing firms that run on Workday. The apps, built through the Built on Workday Partner Program, handle Time-to-Pay and Time-to-Bill cycles. The Contract Management app manages the contract terms and rules that set pay and bill rates. Other apps cover customer time approval, mass time loads, unit-based billing-pay, multi-rate pay, and pay when paid. Invisors says the suite automates processes, cuts integrations, and improves data integrity. Steve Sexton, professional services lead at Invisors, said finance teams are moving from manual reconciliation to more accurate, timely invoicing and faster audit response. The work helped Invisors win Workday's 2025 Partner of the Year for Innovation.
Workday has priced a $2.5 billion public offering of senior notes, the company announced on October 21, 2026. The offering is expected to close on October 23, 2026, subject to customary conditions. The offering has four parts: $750 million of 5.700% notes due 2029, $500 million of 6.000% notes due 2031, $750 million of 6.300% notes due 2033, and $500 million of 6.500% notes due 2036. Workday will use the proceeds to retire its $1 billion of 3.500% notes due April 1, 2027. Any remainder will go to general corporate purposes. Morgan Stanley, BofA Securities, Barclays, and Wells Fargo Securities are joint book-running managers.
Workday chief financial officer Zane Rowe says finance chiefs should judge AI by better work and decisions, not output alone. Return on investment still matters, he told Fortune, but so do stronger decisions, greater capacity, and improved customer value. An AI tool might help a finance team produce twice as many reports, Rowe said, but that does not make the business better. The real test is whether the team uncovers insights, anticipates problems, and advises leaders. Workday is expanding Decision Intelligence to HR and finance, letting teams model scenarios such as hiring changes by region. At its Rising event, it also announced "autopilot agents" for accounting, payroll, and hiring, and a partnership with Anthropic. Rowe's tax team is developing 10 AI agents, though not all will make the cut.
Workday's cofounder Aneel Bhusri has returned as chief executive officer of the enterprise software firm, taking back the job in February. He had handed it to Carl Eschenbach in 2024, according to Fortune. The company, which makes human resources, finance, payroll, and planning software, faces fears that AI agents will make per-seat software obsolete. Revenue growth has slowed to 13%, and Workday has gone through several rounds of layoffs. Activist investor Elliott Management is reportedly "lurking in the wings." In 2018, Workday topped the Fortune Future 50. Its software ran critical operations for half of the Fortune 50 and more than 35% of the Fortune 500.
ServiceNow is growing revenue faster than Workday, according to an analysis of the two software companies' last eight quarters. ServiceNow's second-quarter revenue reached $4.0 billion, up 24% year over year. Workday's hit $2.7 billion, up 13%. ServiceNow's AI offerings passed $1 billion in annual contract value (ACV) during the quarter. Customers with more than $5 million in ACV rose 23%. Workday said AI capabilities drove more than 25% of its new ACV in its fiscal second quarter.
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Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Pleasanton, California
Founded
2005
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs