Workday, Inc. - WDAY STOCK NEWS

Workday (NASDAQ: WDAY) has been named Best in KLAS 2025 for enterprise resource planning (ERP) in large organizations for the eighth consecutive year. The company achieved top rankings across all categories including Culture, Loyalty, Operations, Product, Relationship, and Value for its Human Capital Management (HCM), Financial Management, and Supply Chain Management (SCM) solutions.

Notable healthcare organizations including Advocate Health, Bon Secours Mercy Health, and Corewell Health trust Workday's solutions. The company's platform, enhanced by Workday Illuminate™, their next-generation AI technology, helps healthcare providers improve efficiency, reduce costs, and scale business processes.

Customer testimonials highlight successful system consolidation, improved supply chain management, and better financial control through Workday's integrated platform. The recognition comes from KLAS Research's extensive evaluations and conversations with thousands of end users, reflecting Workday's commitment to innovation in healthcare IT solutions.

Workday (NASDAQ: WDAY) has announced it will release its fiscal 2025 fourth quarter and full year financial results after market close on Tuesday, February 25, 2025. The company will host a conference call at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time to discuss the financial results and business outlook. A live webcast will be available on the Workday Investor Relations site, with the replay accessible for at least 90 days following the conference call.

Workday (NASDAQ: WDAY) announced a partnership with TechWolf to implement AI-powered skills intelligence across its global workforce of over 20,400 employees. The integration will enhance Workday's existing skills management capabilities by leveraging AI to identify employee skills from various systems like Salesforce and Jira.

The partnership will complement Workday Skills Cloud, powered by Workday Illuminate™, which helps organizations optimize their workforce by aligning skills with business goals and promoting internal mobility. Employees will be able to review and update their skills profiles directly in their workflow, facilitating better matches to training and job opportunities.

TechWolf has been designated as a Workday Innovation Partner, and its Skill Engine API is now available on Workday Marketplace. The implementation is expected to be available for Workday employees in Workday Human Capital Management (HCM) this year.

Nayya and Workday (NASDAQ: WDAY) have announced a strategic partnership to enhance employee benefits management through AI-powered solutions. Nayya will become the first U.S. benefits technology provider to build applications on the Built on Workday platform, focusing on personalized benefits selection, year-long support, claims management, and retirement planning.

The partnership aims to leverage millions of data points to optimize the annual $3 trillion spent on employee health and wealth benefits. Nayya's applications will be available through the Workday Marketplace, with a growing waitlist of employers. The integration will combine Nayya's advanced data analytics capabilities with Workday's platform to deliver better utilization, outcomes, and ROI for both employers and employees.

Workday (NASDAQ: WDAY) has announced the formation of its AI Advisory Board, comprising distinguished academics to drive research and thought leadership on AI's impact in the workplace. The board will focus on important areas including workforce readiness, responsible AI implementation, and technology-driven societal changes.

The advisory board includes notable members: Toby Stuart (Chair) from UC Berkeley-Haas, Hamsa Sridhar Bastani from UPenn, Danielle Li and Sendhil Mullainathan from MIT, and Duncan Watts from UPenn. The initiative aims to advance responsible AI development in workplace settings and guide organizations through technological transformation.

Zuora (NYSE: ZUO) has announced a partnership agreement with Workday (NASDAQ: WDAY) to integrate its monetization suite with Workday Financial Management solutions. The certified Zuora Connector for Workday Financial Management aims to enhance financial process accuracy and eliminate manual integration of general ledger journal entries.

The integration addresses key market challenges, noting that less than one-third of enterprises have fully automated order-to-cash processes, and 54% of CFOs find legacy ERP systems insufficiently flexible. The partnership will enable organizations to streamline recurring billing processes, simplify ASC 606 compliance, automate revenue recognition, and maximize business agility through real-time customer and revenue data insights.

Workday (NASDAQ: WDAY) has released a global research report titled 'Elevating Human Potential: The AI Skills Revolution' that challenges the notion of AI replacing human workers. The study reveals that 93% of active AI users agree that AI enables them to focus on higher-level responsibilities like strategy and problem-solving.

Key findings show that active AI users are most optimistic about its benefits (4.23/5 score), while those planning to adopt AI within 12 months show lower optimism (3.89/5). 90% of workers believe AI can increase organizational transparency and accountability. However, a notable disconnect exists between employees (82%) and managers (65%) regarding the need for human connection in the AI era.

The research identifies ethical decision-making, relationship building, emotional intelligence, and conflict resolution as skills least likely to be replaced by AI. Currently, AI's top applications include data analysis (51%), fraud detection (43%), and HR/recruiting (39%).

Ramp announced its Design Approved Integration with Workday Financial Management (NASDAQ: WDAY), enabling automatic synchronization of Ramp corporate card data with Workday's financial platform. The integration aims to streamline accounting processes and expedite book closing through three key features:

• Real-time data syncing for immediate transaction updates
• Advanced accounting automations including AI-powered coding suggestions
• Enhanced security through direct integration without third-party connectors

The integration is already being utilized by hundreds of mutual customers, with Virgin Voyages reporting significant time savings in their reporting process. The partnership represents Ramp's continued efforts to automate CFO suite tasks, allowing finance teams to focus on strategic work rather than manual processes.

Workday (NASDAQ: WDAY) announced that Johns Hopkins has selected multiple Workday solutions to modernize its operations. The nonprofit organization will implement Workday Human Capital Management, Financial Management, Supply Chain Management for Healthcare, and Grants Management as part of its Sightline Business Modernization Program.

The implementation will replace Johns Hopkins' legacy enterprise resource planning (ERP) system with Workday's modern, cloud-based platform featuring AI capabilities. The new system will integrate finance, workforce, and operations data into a unified platform. The Sightline program aims to enhance data governance, improve data access and visualization, support compliance, and streamline processes across both the university and health system.