Is Workday a Real ERP system? #erp #hcm #workday
Summary
TLDRIn this discussion, the speaker addresses a common question about Workday's classification as an ERP system. While Workday may not be a complete ERP system in the traditional sense, it is evolving into one. The speaker highlights Workday's growth through its organic development and its partnership with Salesforce, which enhances its capabilities. This partnership allows users to round out Workday's functionality with a range of third-party applications, broadening its reach beyond just human resources and finance to a more integrated ERP platform.
Takeaways
- 😀 Workday is often questioned whether it qualifies as an ERP system.
- 😀 Technically, Workday is not a complete ERP system but has been evolving towards becoming one.
- 😀 ERP purists may argue that Workday lacks some features to be classified as a full ERP system.
- 😀 Workday is expanding its capabilities organically, making it closer to a full ERP system.
- 😀 Workday has a partnership with Salesforce, which enhances its capabilities.
- 😀 The partnership with Salesforce involves a joint venture with the Force platform.
- 😀 Salesforce’s Force platform is more than just a CRM system; it includes third-party applications.
- 😀 The combination of Workday and Salesforce offers a broader, more integrated system.
- 😀 Workday can now expand its capabilities using the third-party applications available on Salesforce.
- 😀 The ongoing evolution of Workday and its partnerships are pushing it closer to a complete ERP solution.
Q & A
Is Workday considered an ERP system?
-Technically, Workday is not a complete ERP system, but it is becoming more of a full-blown ERP system as it expands its capabilities.
What makes Workday a full ERP system?
-Workday is expanding its own organic capabilities, and it has partnered with Salesforce to enhance its offerings, making it more like a full ERP system.
How has Workday expanded its ERP capabilities?
-Workday has expanded its ERP capabilities through organic growth and a joint venture with Salesforce, which brings additional functionalities to the platform.
What is the nature of Workday's partnership with Salesforce?
-Workday has partnered with Salesforce to integrate the Salesforce Force platform, allowing users to expand Workday's capabilities with a wide range of third-party applications.
Is Salesforce just a CRM system in the context of this partnership?
-No, Salesforce is not just a CRM system in this partnership. It is a platform that includes third-party applications built on the Salesforce platform.
What is the Force platform?
-The Force platform is a part of Salesforce that provides a wide range of third-party applications, which can be integrated with Workday to enhance its functionality.
Why do ERP purists question whether Workday qualifies as an ERP system?
-ERP purists might question Workday's status as a complete ERP system because, traditionally, an ERP system includes a broad range of integrated business processes, and Workday was initially seen as more specialized in HR and financial management.
How is Workday becoming more like a full ERP system?
-Workday is becoming more like a full ERP system through its organic expansion and by partnering with Salesforce, enabling it to offer a wider array of business applications and services.
Can Workday users access third-party applications through Salesforce?
-Yes, through its partnership with Salesforce, Workday users can access a broad range of third-party applications built on the Salesforce platform to extend the functionality of Workday.
What benefits does the Salesforce partnership bring to Workday?
-The Salesforce partnership brings the ability to integrate a wide range of third-party applications, providing users with more comprehensive solutions and increasing the versatility of Workday as an ERP system.
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