WorkDay
SaaS ERP system with a focus on human resources management.
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News about WorkDay
2024. Workday acquired Evisort - AI-based contract management platform
Workday announced the acquisition of Evisort, a platform that uses artificial intelligence for contract management. This is Workday's latest acquisition in the AI space, following its acquisition of the analytics firm Identified in 2014. In 2018, Workday also acquired the startup SkipFlag, which created a knowledge base automatically generated from internal employee communications. Evisort helps clients analyze contracts to identify errors and gaps, provide recommendations for improvement, highlight key points, and provide reminders about important deadlines, such as contract renewals.
2024. Salesforce and Workday integrate their solutions via AI assistant
Salesforce and Workday announced a strategic partnership to create the industry's first unified CRM/HRM platform that integrates HR, finance and customer relationship data. They will also jointly develop an AI employee agent that will leverage human insight to automate time-consuming tasks, provide personalized support, and deliver data-driven insights to help employees work smarter and faster. For cases requiring a more complex approach, the AI agent will delegate the task to the right specialist, preserving all previous history and context for a seamless transition.
2021. Workday acquired contractor management platform for $0.5B
HRM vendor Workday acquired contractor management platform developer VNDLY for $510 million. Prior to the deal, VNDLY already had certified integrations with Workday Financial Management and Workday Human Capital Management. The deal with VNDLY will allow Workday to unify its tools for managing salaried, hourly, and temporary workers. Specifically, both companies will have a unified accounting system for managing clients' entire workforces, and will be able to optimize costs and staffing. Workday's long-term partnership with VNDLY includes the creation of a system to ensure a seamless process for receiving and processing applications, performance reports, onboarding, invoicing, and payroll.
