workday erp finance implementation

Workday Implementation

Find out how to implement Workday ERP software using our free, independent guide. Discover how to derisk your Workday implementation below.

Workday Implementation Frequently Asked Questions (FAQ)

How do you implement Workday?

Implementing Workday, an enterprise cloud-based Human Capital Management (HCM) system, involves multiple steps and requires a strategic approach. The process typically includes the following phases:

Planning and Preparation:

  • Define project scope, goals, and objectives.
  • Assemble a project team with stakeholders from HR, Finance, IT, and other departments.
  • Develop a project plan and timeline.
  • Identify data migration needs and integration requirements.

Vendor Selection and Contracting:

  • Evaluate different Workday implementation partners based on their expertise, experience, and customer reviews.
  • Negotiate contracts and Service Level Agreements (SLAs) with the chosen implementation partner.

Discovery and Design:

  • Work with the implementation partner to understand your organization's unique requirements and processes.
  • Configure the Workday system to meet your organization's needs, including setting up business processes, security roles, and reports.
  • Design and develop any necessary integrations with other systems.

Data Migration:

  • Identify, extract, and cleanse data from existing systems.
  • Convert and import data into Workday, ensuring data integrity and accuracy.
  • Validate data and resolve any discrepancies or issues.

System Configuration and Integration:

Configure Workday modules such as HCM, payroll, benefits, time tracking, 

and talent management, based on your organization's requirements.

Develop and test integrations between Workday and other systems, such as payroll providers, benefits vendors, or ERP systems.
Perform end-to-end testing to ensure the system is functioning correctly and meeting your organization's needs.

Training and Change Management:

  • Develop a comprehensive training program for end-users, managers, and administrators.
  • Create training materials, such as user guides, FAQs, and quick reference cards.
  • Conduct training sessions, workshops, and webinars to educate employees on how to use Workday effectively.
  • Develop a change management plan to help employees adapt to the new system and processes.

What is the Workday implementation methodology?

The Workday ERP Implementation Methodology is a systematic approach used to deploy Workday's cloud-based Enterprise Resource Planning (ERP) solutions, which include Human Capital Management (HCM), Financial Management, and other applications. The methodology consists of several key phases designed to streamline the implementation process, reduce risks, and ensure a successful deployment. Here's an overview of the main phases involved in Workday's ERP Implementation Methodology:

  1. Project Planning: The initial phase involves defining the project scope, objectives, timeline, and resources. The project team is assembled, and roles and responsibilities are assigned. Stakeholders are engaged, and communication and risk management plans are developed.

  2. Architect: During this phase, the project team works with the client to define the overall system architecture and design. This includes understanding the client's business processes, requirements, and data structures, and configuring the Workday system to align with these needs.

  3. Configure and Prototype: The team configures the Workday system based on the agreed-upon design, creating a prototype that is tested and refined iteratively. This phase may involve multiple iterations to fine-tune the system and ensure it meets the client's needs.

  4. Data Conversion: Data from the client's legacy systems is extracted, cleansed, and transformed to be compatible with the Workday system. This phase also involves validating the converted data to 

    ensure accuracy and completeness. Additionally, data migration strategies and mapping are developed to facilitate a smooth transfer of information from the old system to Workday.

  5. Integration: In this phase, the project team focuses on integrating the Workday system with the client's existing applications, systems, and processes. This may include developing custom integrations, leveraging pre-built connectors, or utilizing third-party tools to ensure seamless data exchange and workflows between Workday and other systems.

  6. Testing: Thorough testing is conducted to validate the system's functionality, performance, and compatibility with existing systems. This phase includes unit testing, system testing, integration testing, and user acceptance testing (UAT). Issues identified during testing are resolved, and the system is refined accordingly.

  7. Deployment and Go-live: Once testing is completed and the system is deemed ready for production, the project team works with the client to plan and execute the go-live process. This includes finalizing data conversion, conducting end-user training, and providing support during the transition to the new Workday system.

  8. Post-implementation Support and Optimization: After the system is live, the project team continues to provide support to the client, addressing any issues that may arise and ensuring a smooth transition to the new system. This phase may also involve ongoing optimization efforts to enhance system performance, user experience, and overall value.



How long does it take to implement Workday?

The amount of time it takes to implement Workday ERP (Enterprise Resource Planning) can vary depending on a number of factors, such as the size and complexity of your organization, the level of customization required, and the availability of resources.

Typically, a Workday ERP implementation can take anywhere from 6 months to 2 years or more, depending on the scope of the project. It's important to note that ERP implementations are complex projects that require careful planning, coordination, and execution. The process typically involves several stages, including planning and scoping, configuration, data migration, testing, and training.

To ensure a successful implementation, it's important to engage with a qualified implementation partner and to develop a detailed project plan that takes into account your organization's specific needs and requirements. Additionally, it's important to allocate adequate resources, including staff, time, and budget, to the project to ensure that it can be completed on time and within budget.

During the implementation process, it's also important to engage with key stakeholders in your organization to ensure that everyone is aligned on the project's objectives and to ensure that the implementation is meeting the organization's needs. Regular communication and progress updates can help to keep everyone informed and engaged throughout the process.

In addition to the implementation process, it's also important to plan for ongoing maintenance and support of the Workday ERP system. This can include regular updates and upgrades, ongoing training and support for users, and ongoing monitoring and optimization of the system.

Overall, implementing Workday ERP can be a complex and time-consuming process, but with the right planning, resources, and support, it can be a valuable investment for your organization, helping to improve efficiency, streamline processes, and enhance visibility and control over key business operations.

How much does Workday implementation cost?

The cost of a Workday implementation can vary widely based on several factors:

1. Organization size: Larger organizations typically have more complex requirements and may need additional customization, integrations, and data migration efforts. As a result, implementation costs can be higher for larger organizations compared to smaller ones.

2. Workday modules: Workday offers a range of modules (such as HCM, Payroll, Financials, and others) to cater to different business needs. The cost of implementation will depend on the number of modules you choose to implement and the complexity of the configuration required.

3. Implementation partner: You may choose to work with a Workday implementation partner, which can impact the cost. These partners vary in terms of experience, expertise, and pricing, so it's essential to evaluate and select the right partner for your needs.

4. Customizations and integrations: If your organization requires customizations or integrations with existing systems, the implementation cost may increase due to the additional work and resources required.

5. Training and change management: Proper training and change management are critical for a successful Workday implementation. This may include training your employees to use the system effectively, as well as managing the organizational change that comes with adopting a new system. The cost of training and change management will depend on the scale of the implementation, the number of employees to be trained, and the complexity of the processes involved.

6. Ongoing support and maintenance: Once the Workday implementation is complete, you may require ongoing support and maintenance to keep the system running smoothly. This could include regular updates, resolving technical issues, and providing user support. The cost for ongoing support and maintenance will depend on the level of support needed and the agreement with your implementation partner or Workday.

7. Licensing fees: Workday charges annual subscription fees based on the number of users and modules you choose to implement. These fees can contribute significantly to the overall cost of implementation.

Why implement Workday?

Organizations choose to implement Workday ERP (Enterprise Resource Planning) for various reasons. Workday is a cloud-based software suite that provides comprehensive solutions for human capital management (HCM), payroll, financial management, and more. Here are some key reasons why organizations implement Workday:

  1. Unified platform: Workday offers a single, integrated platform for managing various business functions such as HR, finance, and payroll. This unified approach can help organizations streamline processes, reduce data discrepancies, and improve collaboration among departments.

  2. Cloud-based solution: Workday is built on a cloud architecture, which enables organizations to access the system from anywhere, at any time, and on any device. This flexibility can help reduce IT infrastructure costs and improve overall efficiency.

  3. Scalability: Workday can scale with your organization's growth, making it an attractive choice for businesses that anticipate expanding or changing over time. The modular design allows you to add or remove functionalities as needed, ensuring you only pay for the features you use.

  4. User-friendly interface: Workday has an intuitive, user-friendly interface that makes it easier for employees to use and navigate the system. This can lead to increased user adoption and reduced training time.

  5. Real-time data and insights: Workday provides real-time visibility into your organization's data, helping you make more informed decisions. Advanced analytics and reporting tools enable managers to gain insights into key performance indicators (KPIs) and identify areas for improvement.

  6. Regular updates: Workday releases regular updates, ensuring that your organization has access to the latest features and improvements. This helps maintain the system's relevance and effectiveness in addressing changing business needs.

  7. Security and compliance: Workday invests heavily in security measures to protect your organization's data. The platform is designed to comply with various data protection regulations and industry standards, providing a secure and compliant environment for managing sensitive information.

  8. Integration capabilities: Workday can be integrated with other software applications, such as CRM, e-commerce, and project management tools. This integration can help create a seamless workflow between different systems, improving overall efficiency.

  9. Customization and configuration: Workday allows organizations to configure the system according to their specific needs and requirements. This flexibility enables you to tailor the solution to align with your business processes, making it more effective for your organization.

  10. Strong ecosystem of partners and support: Workday has a robust network of partners and consultants who specialize in implementing and supporting the system. This ecosystem ensures that organizations have access to expert help during the implementation process and ongoing support.

FULL GUIDE

ERP Implementation Methodology

If you're considering implementing ERP software, then download our free detailed guide to ERP implementation methodology. 

Our guide will help you prepare your team for every step of ERP implementation from design to build. testing, go-live and more.

Workday ERP Pricing

NetSuite pricing is licensed on a subscription basis which is typically paid annually.

Licensing is dependent on the amount of users, their level or responsibilities within the system, advanced modules and third party extensions you require.

Let us know how many users you need and we'll be in touch to provide a quick, hassle free NetSuite cost estimate.

Download our comprehensive guide to Workday ERP

Workday is a finance and HR solution for medium- and large-sized businesses. It combines accounting, project management and HR.

This comprehensive guide is your single source for everything you need to know about Wokrday ERP software. 

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