workday对制造业的总体经济影响

The Total Economic Impact™ Of Workday For Cost Savings And Business Benefits For Manufacturing Organizations Enabled By Executive Summary For manufacturing organizations, Workday offers human capital management (HCM) and financial managementsolutions to unify fragmented systems, streamline operations, and support diverse, distributed workforces. Byenabling automation, real-time insights, and scalable processes, they help manufacturers reduce costs, improve Using Workday HCM and Workday Financial Management provides manufacturing organizations with a unified, cloud-based platform to streamline HR and finance operations. Workday HCM centralizes employee data; automates talent Workday commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study and examine thepotential benefits and financial impacts enterprises may realize by deploying Workday HCM and Workday Financial To better understand the benefits and risks associated with this investment, Forrester interviewed four decision-makers from manufacturing organizations with experience using Workday HCM and Workday Financial Management.For the purposes of this study, Forrester aggregated the experiences of the interviewees and combined the results Before deploying Workday, interviewees’ organizations typically operated with fragmented legacy systems andspreadsheets. These systems were often siloed; lacked integration; and required manual, paper-based processes forHR, payroll, and financial operations. Managers had limited access to real-time employee data, which made it difficultto make informed decisions, while HR teams were overwhelmed with routine inquiries due to the absence of self- After deploying Workday HCM and Workday Financial Management, interviewees’ organizations streamlined HR andfinance operations with a unified, cloud-based system. They gained real-time visibility into workforce data; automatedkey processes like payroll, performance reviews, and financial consolidation; and significantly reduced manual work Key Findings Quantified benefits.Three-year, risk-adjusted present value (PV) quantified benefits for the composite organization Time savings of 15 hours per month for each manager in Year 1 and 30 hours per month in Years 2 and 3.Workday HCM automates the shift scheduling for the composite organization’s frontline managers, provides detailedemployee information for job transfer, and saves time during performance reviews, which allows managers to A 75% reduction of work for payroll administrators.Workday’s global payroll system software eliminates thecomposite’s manual processes, and it easily integrates with other systems, reducing administrative payroll work. Time savings of between 20% and 40% for finance department team members working on financial planning.Workday Adaptive Planning streamlines periodic planning, centralizes financial data, and automates processes. With A 20% to 50% reduction in effort for finance department team members working on financial reporting andauditing.Using Workday Financial Management, the composite organization eliminates manual and repetitive tasks, Time savings of 60% for recruiters working on documentation preparation with Workday Recruiting.UsingWorkday Recruiting, recruiters spend less time on paperwork due to a reduction of administrative tasks.Hiring Saved effort for IT team members working on system integration and processing help desk tickets.Thecomposite’s IT team spends much less time maintaining Workday HCM and Financial Management than theorganization’s legacy solutions. The IT team receives fewer helpdesk tickets and spends less time resolving them. Annual savings related to payroll, HR, and finance costs by retiring legacy systems.By replacing legacy systems,the composite organization saves not only license costs, but it also reduces IT overhead, integration, complexity, Unquantified benefits.Benefits that provide value for the composite organization but are not quantified for this study Employee access to information on their mobile devices and decreased costs of information access.Thecomposite organization’s frontline manufacturing workers have the ability to access important information on their Easy project management and cost savings due to automation.The composite organization builds automated The financial analysis that is based on the interviews found that a composite organization experiences benefits of $29 “With Workday [HCM and Financial Management], we have more efficient processes toreduce indirect labor costs. I think this is a really critical concept, especially for a Chief growth officer, manufacturing Key Statistics Payroll administrator reallocation Benefits PV 40% Saved effort for recruiters with Workday Recruitment in Workday Financial team member reallocation with Workday Adaptive Planning The Workday For Manufacturing Customer Journey Drivers leading to the investments in Workday HCM and Workday Financial Management Ke