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Workday Inc.: Workday Delivers Richer Insights Into Finance, People, and Projects

New Analytics Further Customer Ability to Track Organizational Health,
Mitigate Risks, and Drive Performance

PLEASANTON, CA--(Marketwired - Apr 14, 2016) -Workday, Inc.(NYSE:WDAY), a
leader in enterprise cloud applications forfinanceandhuman resources, today
announced it has expanded the breadth and depth of insights that customers
can uncover with the availability of new, out-of-the-box analytics that equip
organizations with the information required to address today's most pressing
business problems. With new finance- and workforce-related scorecards and
dashboards, customers can harness the power of real-time transactional data
and predictive analytics to make smarter decisions that will help them better
manage their finances, people, and projects.

Empowering Customers with the Insights That Matter Most

In today's dynamic business environment, speed and agility are competitive
advantages. Business leaders and managers must be empowered to make quicker,
more informed decisions about an organization's future. However, many are
constrained by disparate systems, outdated information, and manual analysis,
and have often relied on instinct -- not data -- to make business decisions.

With this in mind, Workday is expanding the out-of-the-box insights available
to customers with the addition of new dashboards and scorecards that will
enable them to:

* Predict and Manage Customer Collections: With Workday's customer
collections dashboard, organizations can leverage predictive analytics to
determine the likelihood of an invoice being paid on time. For example, a
revenue manager determining needs for third-party collectors can view a
list of customers ranked by the risk associated with an account's payment
history. With this insight, a revenue manager can better manage collector
requirements and proactively address accounts receivable issues, helping to
improve cash forecasting by identifying potential bad debt in advance.
* Keep a Pulse on Workforce Goals: With the executive workforce scorecard,
business leaders can access a snapshot of key workforce metrics from a
mobile device or desktop, including headcount, turnover, diversity, and
percentage of contingent workers. For example, before presenting to the
board on diversity initiatives, a CEO can view a snapshot of how the
organization is tracking against women in leadership goals, and view
comments from recruiters on any issues in order to determine what action is
* Improve Project Portfolio Management: The project portfolio scorecard
equips customers with a holistic view and status of their services or
project-based business encompassing resource management, project tracking,
financial results, and operations, over a specific period of time. For
example, before a leadership team meeting, a director of services could
access the scorecard from a tablet to get a glimpse of how billable hours
are impacting project profitability. Additionally, the director could view
project demand and quickly understand hiring needs in order to staff
accordingly and avoid missing out on opportunities in the pipeline.
* Better Control Supplier Spend: With the procurement dashboard, finance
leaders can gain real-time insight into supplier spend with the ability to
drill down into numbers and easily create requisitions and receipts, or
search purchase orders, all within one experience. For example, in a weekly
budget meeting, a procurement leader could quickly understand top suppliers
according to spend or compare managed versus unmanaged spend, and drill
down all the way to individual transactions such as purchase orders.

Comments on the News
"Today's dynamic and competitive environment demands that leaders are able to
understand the health of their business in a moment's notice in order to
continually unlock the potential of their organization," said Betsy Bland,
vice president, financial management products, Workday. "By deepening the
analytics available as part of the fabric of Workday, we're giving customers
more power to view, understand, and act on their business in order to remain
focused on what matters most -- their future."

About Workday

Workdayis a leading provider of enterprise cloud applications
forfinanceandhuman resources. Founded in 2005, Workday delivers human capital
management, financial management, and analytics applications designed for the
world's largest companies, educational institutions, and government agencies.
More than 1,000 organizations, ranging from medium-sized businesses to
Fortune 50 enterprises, have selected Workday.

Forward-Looking Statements

This press release contains forward-looking statements including, among other
things, statements regarding the expected performance and benefits of
Workday's offerings. The words "believe," "may," "will," "plan," "expect,"
and similar expressions are intended to identify forward-looking statements.
These forward-looking statements are subject to risks, uncertainties, and
assumptions. If the risks materialize or assumptions prove incorrect, actual
results could differ materially from the results implied by these
forward-looking statements. Risks include, but are not limited to, risks
described in our filings with the Securities and Exchange Commission (SEC),
including our Form 10-Q for the quarter ended January 31, 2016 and our future
reports that we may file with the SEC from time to time, which could cause
actual results to vary from expectations. Workday assumes no obligation to,
and does not currently intend to, update any such forward-looking statements
after the date of this release.

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.

© 2016. Workday, Inc. All rights reserved. Workday and the Workday logo are
registered trademarks of Workday, Inc.

Workday's executive workforce

Workday's customer collections

Workday's project portfolio

Media Contact

Nina Oestlien
+1 (415) 432-3041
Lisa Stassoulli
+44 (0) 7568 377476


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Workday Inc. via Globenewswire


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