|By Marketwired .||
|November 6, 2012 04:06 PM EST||
PLEASANTON, CA -- (Marketwire) -- 11/06/12 -- Workday, Inc. (NYSE: WDAY), a leader in enterprise cloud applications for human resources and finance, today announced Workday Recruiting, an end-to-end talent acquisition application. Workday Recruiting is expected to transform the recruiting and talent acquisition process by delivering the complete solution for hiring teams, seamlessly unified with core Human Capital Management, from the initial planning stages all the way through new hire onboarding.
Current applicant tracking systems (ATS) are rigid, complex, hard to use, and designed primarily for compliance. Historically, these technologies have done an inadequate job to help companies collaboratively manage the recruiting process from start to finish, and as a result, managers often use spreadsheets to make up for system shortcomings. With Workday Recruiting, hiring managers will be able to partner with the recruitment team to locate, hire, and onboard the very best talent for their businesses using a single system.
A Complete, Unified Talent Acquisition Application
Working closely with early customers and strategic design partners across several industries, including HP, the world's largest technology company, Workday plans to build Workday Recruiting from the ground up to solve recruiting challenges faced by today's modern, global enterprises. Key features are expected to include:
- Unified with Workday HCM: By unifying Workday Recruiting with Workday HCM, Workday plans to streamline the talent acquisition process and provide full visibility from planning to sourcing, selection, and onboarding.
- Mobile-first: Workday Recruiting will be designed for mobile from the start to bring more flexibility, speed, and collaboration to the entire hiring team, empowering individuals to take action from the environment they choose.
- Collaboration: Workday intends to include key collaboration features that have been missing from the recruiting process previously, including the ability for the entire hiring team to find, share, follow, and provide feedback on internal and external candidates.
- Actionable analytics: Workday Recruiting will bring together headcount planning, job requisition, and pipeline management analytics to provide the hiring team complete insights into internal and external hiring pools.
While delivering a set of features to create an entirely new experience for hiring teams, Workday Recruiting also is intended to bring the critical core capabilities needed to ensure a complete process from start to finish, including candidate workflow management, collaborative interview management, offer management, support for local data compliance and configurable rules, and connectors for postings, social sourcing, and background checks.
Workday Recruiting will be generally available to Workday customers in the first half of 2014 as an add-on application, sold separately.
Comments on the News
"Our customers are working around the many constraints of today's recruiting systems, relying on spreadsheets and email, because the technologies they have in place are incapable of generating the types of insights they need," said Aneel Bhusri, chairman, co-founder, and co-CEO, Workday. "By building Workday Recruiting to be seamlessly unified with Workday HCM, we plan to provide our customers with a single view of internal and external candidate pools, enable collaboration and visibility amongst teams, and connect the health of the pipeline with their future growth strategy."
Workday is a leading provider of enterprise cloud applications for human resources and finance. Founded in 2005, Workday delivers Human Capital Management, Financial Management designed for the world's largest organizations. Hundreds of companies, ranging from medium-sized businesses to Fortune 50 enterprises, have selected Workday.
This document contains forward-looking statements for which there are risks, uncertainties, and assumptions. If the risks materialize or assumptions prove incorrect, Workday's business results and directions could differ materially from results implied by the forward-looking statements. Forward-looking statements include any statements concerning new features, enhancements or upgrades to our existing applications or plans for future applications; and any statements of belief. Further information on risks that could affect Workday's results is included in our filings with the Securities and Exchange Commission which are available on the Workday investor relations webpage: www.workday.com/investorrelations. Workday assumes no obligation for and does not intend to update any forward-looking statements.
Any unreleased services, features, or functions referenced in this document, our website or other press releases or public statements that are not currently available are subject to change at Workday's discretion and may not be delivered as planned or at all. Customers who purchase Workday, Inc. services should make their purchase decisions based upon services, features and functions that are currently available.
© 2012. 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.
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