If you can't watch - let’s take apart the press release in our customary style – it can be found here:
PLEASANTON, CA--(Marketwired - Dec 2, 2015) - Workday, Inc. (NYSE: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced plans to expand its partnership with ADP to provide multinational organizations with a seamless and unified global payroll experience. The partnership plans to leverage the next level in integration technology to unite Workday Human Capital Management (HCM) and ADP Global Payroll in a single user experience within Workday, enabling multinational organizations to more effectively manage their global workforce, efficiently process payroll, and maximize business growth.MyPOV – Good description of problem and solution. ADP provides global payroll capabilities through its GlobalView product and Workday has global customers, so this is a ‘symbiotic’ partnership.
"With this expanded partnership, our customers will be able to manage their workforce globally and process payroll in over 100 countries," said Aneel Bhusri, co-founder and CEO, Workday. "This is the new standard for integration -- bringing together two leaders for best-in-class HCM and payroll in one seamless global solution."MyPOV –Good to see this is a partnership supported all the way from the top – with quotes from both CEOs, Bhusri and Rodriquez. The perspectives are worth noting – Bhusri sees global payroll capabilities, Rodriguez sees peace of mind from payroll complexity for customers as the main drivers.
"ADP's increased collaboration with Workday tightly aligns market leaders to deliver a seamless global payroll experience," said Carlos Rodriguez, president and CEO, ADP. "Through the partnership, we will help our joint multinational customers effectively address the complexity of global payroll so that they can focus on driving their business forward."
Through the partnership, Workday customers will benefit from:MyPOV – This is the key innovation part of the integration. In order to run payroll in one single UI – something most enterprises prefer – payroll relevant information needs to be in the same user interface as the rest of ‘HCM’. As payroll is subject to many legal changes, it previously required the HCM vendor and any payroll partner vendor(s) to both that does not have payroll to provide all fields and validation necessary to run payroll correctly. Obviously a duplicate effort for vendors – and both ADP and Workday went for a more elegant solution.
· One Seamless Customer Experience to Manage a Global Workforce:
o Multinational organizations can leverage ADP Global Payroll functionality from within Workday's user interface in one process for managing their global workforce.
o Customers can enter comprehensive local data directly into Workday where it is automatically validated and utilized by ADP to create a more streamlined global payroll experience.
· Next-level Integration Technology to Create a Unified User Experience:MyPOV – And here we are to the ‘magic’ – REST as an API standard allows ADP to expose fields and validation directly into Workday – creating one common user interface for workers – and making duplicate coding and testing superfluous.
o Workday combines the latest advances in integration technology with ADP's REST APIs to enable dynamic page creation, rendering the fields for local payroll information from ADP so multinational organizations can better manage payroll requirements around the world.
o Legislative updates from ADP can be made on a timely basis via the Workday user interface, ensuring that customers are up to date with country-specific and local regulatory changes for a smoother payroll process.
· A Best-in-Class Approach to Global Payroll Management:MyPOV – Good to point out the benefits – Workday provides a more seamless global payroll experience and will be able to spend more time on additional product innovation for its customers and ADP gets more utilization of its payroll capabilities. But the biggest winners are the users at clients: On an operational level they will be able to do all HCM related tasks in one common API, and on a management level they have the peace of mind of working with a proven Payroll leader with ADP.
o Multinational organizations looking to invest in Workday and ADP's best-in-class HR and global payroll solutions can take advantage of a seamless experience for global payroll management.
o Workday HCM enables multinational organizations to make faster decisions, gain operational visibility, prepare for future talent shifts, and build effective teams.
o As the proven leader in payroll, customers benefit from ADP's extensive global payroll coverage and unparalleled expertise in payroll processing.
Availability Workday plans to make solutions resulting from the expanded partnership with ADP available in Workday 27, which will be offered to customers in the second half of calendar year 2016.MyPOV – There are few things not to like about this partnership, except for this very late and 12 months or so out delivery date. But good things take time…
Overall MyPOVA good partnership with a modern integration technique between ADP and Workday – who both benefit as vendors. As the world goes – it is a co-opetition – as ADP will keep providing HCM solutions that compete with Workday.
But the winner is the joint customer, and a large part of Workday customers use ADP as their payroll partner. So good news for these customers, as they don’t have two vendors tracking legislative payroll compliance and spending precious development time and dollars duplicating and integrating fields, but just with one. On the global side it gives Workday customers and prospects access to over 100 countries for processing payroll – given that Workday as of today only supports the USA, Canada, and UK (and France in 2016) - a major leap going forward. Certainly a key strategy move to expand in Europe, where the announcement was made. Whether it will alleviate the pressure on Workday to provide native payroll capabilities for other large markets (with large customers, Germany and Japan come to mind) remains to be seen.
And we expect more of these partnership in the marketplace – based on REST APIs, something that to our knowledge Learning vendor Skillsoft first introduced into the marketplace almost a decade ago (but to be fair - with a more one directional nature of the interface).
For now a very good partnership, which also shows that market adversaries can be partners for the benefit of the customer. As heard often before – ‘at the end the customer has to won’ – and that’s what is the clear end result of this partnership is – so congrats for all are in order.
- Progress Report - ADP Analyst Day - ADP executes, kills (most) ghosts from the past - read here
- Event Report - ADP Meeting of the Minds - It’s all coming together for ADP in 2015 - product wise - read here
- First Take - ADP Meeting of the Minds - Day #1 Keynote - read here
- Progress Report - ADP shows great vision, delivers product innovation - now it needs adoption - read here
- Site Visit - ADP's new innovation lab in Chelsea - read here
- News Analysis - ADP announces Spin-Off plans for Dealer Services, sharpens ADP's focus on HCM - read here.
- Event Report - ADP's Meeting of the Minds - ADP has made up its mind (almost) - customers not yet - read here.
- First take - 3 Key Takeaways from ADP's Meeting of the Minds Conference Day 1 Keynote - read here.
- ADP innovates with with verve and good timing – read here.
And more on Workday
- Event Report - Workday Rising - Learning is there and good housekeeping - read here
- News Analysis - Workday completes Talent Management with Learning - Finally - or too late? Read here.
- Event Preview - What I would like Workday to address this Rising read here
- News Analysis – Workday to Expand Suite of Applications for Healthcare Industry - with a SCM twist - read here
- News Analysis - Workday supports UK Payroll - now speaks (British English) Payroll - read here
- Workday 24 - 'True' Analytics, a Vertical and more - now needs customer proof points - read here
- First Take - Top 3 Takeaways from of Workday Rising Day 1 Keynote - The dawn of the analytics era - time to deliver Insight Apps - read here
- Progress Report - Workday supports more cloud standard - but work remains - read here
- Workday 22 - Recruiting and rich Workday 22 are here - read here
- First Take - Why Workday acquired Identified - (real) Analytics matter - read here
- Workday Update 21 - All about the user experience and some more - read here
- Workday Update 20 - Mostly a technology release - read here
- Takeaways from the Salesforce.com and Workday partnership - read here
- Workday powers on - adds more to its plate - read here
- What I would like Workday to address this Rising - read here
- Workday Update 19 - you need to slow down to hurry up - read here
- I am worried about... Workday - read here