Workday, Inc. - WDAY STOCK NEWS

Workday has partnered with RSM US LLP, one of the largest accounting firms, to enhance operational efficiency and service delivery. This collaboration will integrate Workday Financial Management, Human Capital Management (HCM), and Professional Services Automation (PSA) into one platform, aimed at streamlining processes and improving visibility into performance. With over 13,000 employees, RSM aims to better manage their growth and customer service by eliminating data silos and optimizing project billing through this digital transformation initiative.

CareerBuilder has achieved Workday Certified Integration status, enhancing its Talent Acquisition Suite by connecting with Workday Recruiting. This integration aims to streamline the hiring process, reducing time-to-hire and boosting applicant engagement. Candidates can now apply with a single click, improving data collection and completion rates in job applications. According to CareerBuilder's CEO, this integration addresses challenges in a competitive job market by simplifying the application process for both employers and candidates.

Workday announces the expansion of its Payroll solutions to Australia and Germany, building on its strong cloud foundation. This enhancement allows seamless integration with human capital management (HCM) systems, improving efficiency, compliance, and user experience. Expected deployments for early adopters are set for 2023, alongside existing solutions in the U.S., Canada, France, and the UK. The enhancements emphasize automation, efficiency, and real-time processing to meet the needs of large organizations in the EMEA and Asia-Pacific regions.

ERPA has been designated a Workday Application Management Services (AMS) Partner, enhancing its offerings to clients using Workday Financial Management and Human Capital Management (HCM). This partnership enables ERPA to provide functional, technical, and administrative support, helping customers optimize their Workday investments. Led by experts, ERPA aims to streamline operations, offering services that enhance the post go-live experience and promote adoption of new functionalities. Founded in 1999, ERPA is a leader in enterprise application managed services.

Workday (NASDAQ: WDAY) reported a 40% year-over-year surge in Financial Management deployments, driven by increased demand for cloud-based finance solutions. In fiscal year 2021, the company executed over 1,800 customer deployments worldwide, achieving a 97% customer satisfaction score. Workday's swift transition to virtual deployments highlighted its commitment to customer success during the pandemic, enabling organizations to maintain business continuity. Key clients included GE and Nebraska Medicine, emphasizing the flexibility and efficacy of Workday's services.

Workday (NASDAQ: WDAY) has announced that co-founders Aneel Bhusri and Chano Fernandez will present at the Bank of America 2021 Global Technology Conference on June 8, 2021, at 7:45 a.m. PT / 10:45 a.m. ET. Interested parties can access the live webcast here. A replay will be available on the Workday Investor Relations site for at least 30 days following the event.

Workday specializes in enterprise cloud applications for finance and human resources.

Workday, Inc. (NASDAQ: WDAY) announced new customer agreements with major healthcare organizations, including Medical University of South Carolina and Northeast Georgia Health System, to adopt its finance, HR, and supply chain solutions. This shift aims to enhance operational efficiency amid rising healthcare demands exacerbated by the pandemic. Notably, Workday's unified approach helps organizations manage financial performance and improve supply chain resilience. The company is positioned to support the healthcare sector's ongoing digital transformation and supply chain management challenges.

Workday reported strong fiscal 2022 first-quarter results with total revenues of $1.18 billion, a 15.4% year-over-year increase. Subscription revenue reached $1.03 billion, up 17.0% from the previous year. Operating loss narrowed to $38.3 million, improving from $144.5 million last year. Non-GAAP net income per diluted share was $0.87, a rise from $0.44. Workday raised its fiscal 2022 subscription revenue guidance to between $4.425 billion and $4.440 billion, reflecting strong demand and a growing backlog.