New Workday Recruiting Application to Transform Talent Acquisition

Tue Nov 6, 2012 4:06pm EST

* Reuters is not responsible for the content in this press release.

  PLEASANTON, CA, Nov 06 (Marketwire) -- 
Workday, Inc. (NYSE: WDAY), a leader in enterprise cloud applications for
human resources and finance, today announced Workday Recruiting, an
end-to-end talent acquisition application. Workday Recruiting is expected
to transform the recruiting and talent acquisition process by delivering
the complete solution for hiring teams, seamlessly unified with core
Human Capital Management, from the initial planning stages all the way
through new hire onboarding. 

    Current applicant tracking systems (ATS) are rigid, complex, hard to use,
and designed primarily for compliance. Historically, these technologies
have done an inadequate job to help companies collaboratively manage the
recruiting process from start to finish, and as a result, managers often
use spreadsheets to make up for system shortcomings. With Workday
Recruiting, hiring managers will be able to partner with the recruitment
team to locate, hire, and onboard the very best talent for their
businesses using a single system. 

    A Complete, Unified Talent Acquisition Application
 Working closely with
early customers and strategic design partners across several industries,
including HP, the world's largest technology company, Workday plans to
build Workday Recruiting from the ground up to solve recruiting
challenges faced by today's modern, global enterprises. Key features are
expected to include:


--  Unified with Workday HCM: By unifying Workday Recruiting with Workday
    HCM, Workday plans to streamline the talent acquisition process and
    provide full visibility from planning to sourcing, selection, and
    onboarding.
--  Mobile-first: Workday Recruiting will be designed for mobile from the
    start to bring more flexibility, speed, and collaboration to the
    entire hiring team, empowering individuals to take action from the
    environment they choose.
--  Collaboration: Workday intends to include key collaboration features
    that have been missing from the recruiting process previously,
    including the ability for the entire hiring team to find, share,
    follow, and provide feedback on internal and external candidates.
--  Actionable analytics: Workday Recruiting will bring together headcount
    planning, job requisition, and pipeline management analytics to
    provide the hiring team complete insights into internal and external
    hiring pools.

    

While delivering a set of features to create an entirely new
experience for hiring teams, Workday Recruiting also is intended to bring
the critical core capabilities needed to ensure a complete process from
start to finish, including candidate workflow management, collaborative
interview management, offer management, support for local data compliance
and configurable rules, and connectors for postings, social sourcing, and
background checks.

    Availability 
 Workday Recruiting will be generally available to Workday
customers in the first half of 2014 as an add-on application, sold
separately.

    Comments on the News
 "Our customers are working around the many
constraints of today's recruiting systems, relying on spreadsheets and
email, because the technologies they have in place are incapable of
generating the types of insights they need," said Aneel Bhusri, chairman,
co-founder, and co-CEO, Workday. "By building Workday Recruiting to be
seamlessly unified with Workday HCM, we plan to provide our customers
with a single view of internal and external candidate pools, enable
collaboration and visibility amongst teams, and connect the health of the
pipeline with their future growth strategy."

    About Workday
 Workday is a leading provider of enterprise cloud
applications for human resources and finance. Founded in 2005, Workday
delivers Human Capital Management, Financial Management designed for the
world's largest organizations. Hundreds of companies, ranging from
medium-sized businesses to Fortune 50 enterprises, have selected Workday.

    This document contains forward-looking statements for which there are
risks, uncertainties, and assumptions. If the risks materialize or
assumptions prove incorrect, Workday's business results and directions
could differ materially from results implied by the forward-looking
statements. Forward-looking statements include any statements concerning
new features, enhancements or upgrades to our existing applications or
plans for future applications; and any statements of belief. Further
information on risks that could affect Workday's results is included in
our filings with the Securities and Exchange Commission which are
available on the Workday investor relations webpage:
www.workday.com/investorrelations. Workday assumes no obligation for and
does not intend to update any forward-looking statements.

    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.

    Copyright 2012. Workday, Inc. All rights reserved. Workday and the
Workday logo are registered trademarks of Workday, Inc. All other brand
and product names are trademarks or registered trademarks of their
respective holders.

    

Media Contact Information
Eric Glass
Workday
(415) 432-3056
eric.glass@workday.com 

Copyright 2012, Marketwire, All rights reserved.

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