Workday Prism Analytics allows organizations to import any data that is external to Workday to mix it with existing personal or financial information and then present it through Workday's robust report framework--putting it at the fingertips of managers, employees, and other executives using a mobile-first approach.
Four ways to unlock business value with Workday Prism Analytics
1. Four ways to Unlock Business
value with Workday Prism
Analytics
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2. Workday Prism Analytics allows organizations to import any
data that is external to Workday to mix it with existing personal
or financial information and then present it through Workday's
powerful report framework--putting it at the fingertips of
managers, employees and other executives using a mobile-first
approach. Our clients get an entire set of information into the
business. And the most exciting part is that this can be
accomplished in lightning-fast time.
What is the reason behind Workday Prism Analytics? Workday is
the cloud-based system for businesses who invest in the most
crucial element to their success: their employees. Its Workday
Prism Analytics provides global organizations the capability to
place their employees at the forefront by gaining access to
important value-added analytics and insights from all areas of
the business on their processes, their employees and
operations, resulting in better business decisions. Workday
Prism Analytics changes the discussion to Workday providing
system-wide that provides insight and empowers users to
improve operational efficiency.
Viewpoint: Workday Prism Analytics' value
I'm eager to share some of the highlights of our experiences
with the user-friendly interface and quick results we've
observed using Workday Prism Analytics. In a recent project
where we handed over our laptop over to the client who was
familiar with Workday but did not have Workday Prism Analytics
training, and told him, "Give it a shot and tell us your thoughts."
Within a matter of moments, the client identified patterns that
could save the company millions of dollars. And now this is self-
service analytics.
3. The Workday Prism Analytics benefit
Workday Prism Analytics will assist you cut down on the amount
of time needed to make the best choices that are possible
through providing greater understanding and visibility across
your company. Let's take a look at some the most effective uses:
• Operations As part of Our Accenture Workday practice
we've installed Workday Prism Analytics in order to provide
a single overview of our operation. Integrating external
data from our CRM system, finance data that is not
Workday as well as HR information (including employees'
engagement survey) along with the native Workday Project
data we've created an interactive mobile view of our
company from beginning to end, all within one place:
Workday. The fact that all of this information is available
all in one location has been an absolute game
changer. Prior to Workday Prism Analytics, it took us two
weeks to complete the data and now we can get real-time
insight of who is in charge of our most healthiest programs,
how our revenue forecast looks like according to region,
and what methods are most popular and need more focus.
• years of historical data are available upon the time of go-
live. Once you have gone live with Workday you will have
full access to the history of transactions for years can be
achieved. Not only does this eliminate the need for a
complex creation of history (which could take months or
many thousands of dollars) however, you are able to
transfer that history in just a few hours, while still offering
rich, historical data that is trending. When a multinational
pharmaceutical company rolled out Workday, Accenture
helped transition three years of employee history across
100 countries and more than 100,000 employees, using
4. Workday Prism Analytics in only five months while still
ensuring the GDPR's compliance.
• mergers, acquisitions, and divestitures
modelling: Acquisitions are becoming the new standard for
a lot of our customers. They're usually creating
complicated spreadsheet models that integrate their
existing financial and employee information with the data
of a business they're looking to purchase to understand
and plan their new structure of their organization. Who will
be accountable to whom? What benefits and compensation
will appear like and how territories for sales will be
divided, and what our customer base total will appear like,
and so on. We are currently working with our clients on
bringing all of this information to Workday by using
Workday Prism Analytics to secure and collaboratively
model the new business. When you have completed the
acquisition, you must finalize and then commit to the
organization model.
• Global view of the workforce: One of the most challenging
Workday Prism Analytics deployments we have seen to this
point was for one of our clients across the globe who
needed a solution to integrate information from hundreds
of subsidiary HR systems in the phased Workday
deployment. Within three months, we developed an
answer via Workday which provided clients with a
complete overview of their workforce as well as one source
of HR data. Employing Workday Prism Analytics the robust
data integration tools and data preparation software that
we used to combine data from various third-party systems,
from headcounts to retirement risk to diversity and
inclusion statistics, as well as our own databases to provide
reports within Workday HCM.
5. Workday Prism Analytics' Power
The value of Workday Prism Analytics was highlighted in an
internal conference when a person asked "How do we know how
our Workday practice performing?" Out came the iPad and all
the pertinent information was immediately available. The
response? "How did you accomplish this? And how quickly can I
have the information?" The answer turned to take 10 days. This
is how fast we were able get another aspect of our work
changed from Workday Prism Analytics. Workday Prism
Analytics.
Based on the above and many more, it's evident the fact that
Workday Prism Analytics is a game changer. We're "all involved"
with Workday Prism Analytics as well as Workday. At present,
Accenture offers more than 1,100 Workday certified consultants
around the world with over 3000 Workday certifications. We are
very proud to be among the very first Workday partners to be
recognized to be an official Workday Prism Partner Product Lead
as well as having been invited to participate in several Workday
occasions to discuss the lessons we have learned from our
experience in the execution of Workday Prism Analytics projects
of any size.
The bottom line is that if trust in the potential of Workday and
we do and do, then you should believe in the effectiveness that
is Workday Prism Analytics.