Workday 30 - 4 Exciting, No Assembly Required Enhancements
When Workday 30 is released on March 10, a host of new features and enhancements will be available for every Workday customer. Some of these new features and enhancements, which span the spectrum of Workday's suite of enterprise software applications, will require configuration while others will be enabled automatically with no extra work necessary. From Workday Benefits and Recruiting to Workday Financials, PRSM Analytics and the Workday Cloud Platform, taking advantage of all the newest features in Workday 30 may require some research and preparation, but will definitely be worth your time.
Below are four anticipated enhancements we are especially excited about that will be enabled as part of your Workday 30 update.
DEDUCTION CALCULATION OPTIONS
The improved deduction calculation options available for Workday Benefits improves on the deduction calculation options for Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA), providing greater flexibility and control. It does this by excluding pay periods that end before these deductions begin so that they're not included in the count of remaining deductions.
STREAMLINED JOB POSTING
Workday 30 will also introduce streamlined job posting capabilities for those who use the Workday Recruiting application for posting jobs. Currently, it's difficult to distinguish between postings that are active and those that are inactive. It's also impossible to remove more than one post at a time. Workday 30 will empower users to remove multiple jobs at once and preview content before it's activated. Postings will also be more clearly marked as active or inactive.
SINGLE FIELD PHONE NUMBER
Right now, when you enter a phone number into Workday, there is one field for the area code and a separate field for the rest of the phone number. This can lead to invalid or incomplete phone numbers, which over time can become a data headache. W30 will allow users to enter the area coder and phone number in a single field, ensuring that this information is correctly entered into Workday.
EFFECTIVE DATE ON ORGANIZATION NAMES
If you change the name of an organization in Workday 29, the name can only be backdated to when the organization was first available. Because this doesn't accurately reflect when an organization's name was changed, additional functionality is being added to allow users to accurately enter, track, audit and backdate organization name changes.
VISIT WORKDAY COMMUNITY FOR MORE WORKDAY 30 FEATURES AND ENHANCEMENTS
When Workday 30 arrives on March 10, every Workday customer will be running the best version of the enterprise application suite yet. As you prepare, Workday Community provides users with a treasure trove of valuable information, including a complete list of every new feature or enhancement. You can find even more information by visiting the W30 Preparation Center.
For more insights on Workday 30, visit the first blog post in this series, "Workday Community Resources to Bookmark for W30.
WORKDAY SAFE HARBOR
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 regarding strategies or plans for future operations; 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 web page: workday.com/company/investor_relations.php
Workday assumes no obligation for and does not intend to update any forward-looking statements.
Any unreleased services, features, functionality, or enhancements referenced in any Workday document, roadmap, blog, our website, press release, or public statement 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 upon services, features, and functions that are currently available.