Workday Launches Global Payroll Connect for Seamless Global Payroll Management

Workday, Inc., a leading provider of solutions for managing people and finances, has announced the launch of Global Payroll Connect. This unified global payroll solution is designed to seamlessly integrate with payroll providers, delivering a comprehensive end-to-end payroll experience within Workday’s ecosystem. Global Payroll Connect aims to simplify global payroll management by providing real-time visibility and reducing implementation costs.

• Global Payroll Connect Overview:
  • Unified Solution:
    • Global Payroll Connect offers a single platform for managing all payroll, HR, and workforce needs. By integrating with Workday’s global partner ecosystem, it delivers a streamlined payroll experience.
  • Pre-Built Integrations:
    • The solution features pre-built API integrations, which can cut implementation costs by up to 50% and provide unified access to payroll processing status across the global workforce.
• Key Benefits:
  • Cost and Time Efficiency:
    • Global Payroll Connect reduces the need to create and maintain multiple integration systems across local payrolls, accelerating deployment times and maximizing time-to-value.
  • Single Source of Truth:
    • It consolidates global payroll operations, whether using Workday’s payroll solution or partner-provided systems, into one source of truth that includes HR, workforce, and pay insights.
  • Enhanced Employee Experience:
    • Employees gain self-service access to their payroll data, including pay slips, benefits, bonuses, and paid leave time, all within a single platform, eliminating the need to log into multiple solutions.
• Industry Insights:
  • Current Challenges:
    • According to Workday’s report, many global organizations struggle with a fragmented view of global payroll and lack real-time visibility into workforce costs. This complexity makes it difficult to ensure data accuracy and compliance.
  • Solution Impact:
    • By integrating global payroll systems into Workday, organizations can overcome these challenges, streamline operations, and ensure better compliance and data accuracy.
• Partner Ecosystem:
  • Key Payroll Partners:
    • Workday Payroll partners including ADP, CloudPay, PwC, Payslip, Safeguard, SHAPEiN, and Strada (formerly part of Alight Solutions) are adopting Global Payroll Connect, enhancing the solution’s reach and functionality.
• Cristina Goldt, General Manager of Workforce and Pay, Workday:
  • “On average, organizations manage five or more payroll systems, which is time-consuming, costly, and can lead to data reconciliation issues. Together with our partners, we’re making it easier for customers to consolidate all their global payroll operations right within Workday to provide their employees with a better, more efficient way of accessing and controlling their payroll data.”

Workday’s Global Payroll Connect represents a significant advancement in global payroll management. By providing a unified, efficient solution with real-time visibility and reduced costs, Workday aims to help organizations streamline their payroll operations and enhance the overall employee experience.