STOCK TITAN

WorkBoard Completes Workday Approved Integration

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

WorkBoard, a partner of Workday (NASDAQ: WDAY), has achieved Workday Approved Integration status, enhancing its Results Management Platform with seamless connectivity to Workday's Human Capital Management (HCM). This integration allows clients, such as Cisco, IBM, and Microsoft, to synchronize organizational structures and goals effectively. The integration automates updates from Workday HCM to WorkBoard, ensuring accurate reporting structures for better alignment and results tracking.

Positive
  • Achieved Workday Approved Integration status, enhancing product offering.
  • Integration allows efficient synchronization of organizational structures for clients.
  • Supports better alignment and tracking of objectives and key results (OKRs).
Negative
  • None.

REDWOOD CITY, Calif., Dec. 16, 2020 /PRNewswire/ -- WorkBoard Inc., a Workday (NASDAQ: WDAY) Ventures software partner, today announced that it has achieved Workday Approved Integration status. WorkBoard provides customers with a seamless integration that connects Workday Human Capital Management (HCM) with WorkBoard's Results Management Platform. Customers including Cisco, IBM, and Microsoft use WorkBoard's Enterprise Results Platform and methodology to align, measure and maximize results quarter after quarter.   

Workday HCM is a single system that enables organizations to make faster decisions, gain operational visibility, prepare for future talent shifts and build effective teams. With the approved integration, changes to organizations are automatically provisioned in WorkBoard from Workday HCM to provide a single source of truth. Customers like Deluxe Corporation can now continuously synchronize the functional organizational chart and reporting structure maintained in Workday with WorkBoard, and combine the formal organizational structure with WorkBoard native management of dynamic teams to align Objectives and Key Results (OKRs) hierarchically, dynamically, and cross functionally. 

"Results alignment and OKRs require an accurate reporting structure, which makes this approved integration with Workday important to customers," said Deidre Paknad, CEO and co-founder of WorkBoard. "Workday's functional team structure updates WorkBoard automatically and complements WorkBoard's native capability for managing the network of dynamic teams that are increasingly key to cross-functional alignment. Together, they enable companies to better align and achieve their best outcomes."

"We use the WorkBoard platform to align, measure and focus on outcomes to drive growth," said Matt Gunter, Vice President, Portfolio Management and Innovation at Deluxe Corporation. "The integration of Workday and WorkBoard makes it easy to align teams along our organizational structure managed in Workday." 

More information on WorkBoard's integration can be found on the Workday Marketplace, which provides easy access to solutions built by Workday and its software and content partners.

About WorkBoard
WorkBoard's Enterprise Results Platform and results advisory services unlock growth and competitive advantage for customers through high alignment, strong focus and transparency using OKRs. WorkBoard is a pioneer in OKR coaching, working with thousands of teams to align and measure results and certifying over 2500 OKR coaches since launching its popular OKR Coach Certification program in 2018. WorkBoard is based in Redwood City, Calif. Investors include Andreessen Horowitz, GGV Capital, Workday Ventures and Microsoft's M12. For more information, visit www.workboard.com or follow the company on Twitter @WorkBoardInc.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/workboard-completes-workday-approved-integration-301194294.html

SOURCE WorkBoard

FAQ

What is Workday's stock symbol?

Workday's stock symbol is WDAY.

What does the Workday Approved Integration status mean for WorkBoard?

It signifies that WorkBoard's platform has been officially recognized for its integration capabilities with Workday HCM.

Which companies benefit from the WorkBoard and Workday integration?

Companies like Cisco, IBM, and Microsoft utilize the WorkBoard platform for enhanced alignment and performance tracking.

What is the main benefit of the integration between Workday HCM and WorkBoard?

The integration allows for automatic updates of organizational structures, facilitating better alignment and measurement of outcomes.

Workday, Inc.

NASDAQ:WDAY

WDAY Rankings

WDAY Latest News

WDAY Stock Data

71.56B
211.51M
1.23%
92.8%
1.7%
Software - Application
Services-computer Processing & Data Preparation
Link
United States of America
PLEASANTON