Workday announce accounting application and blockchain onboarding software

California-based Workday has unveiled its latest batch of cloud applications for finance and human resources.

Among other things Workday introduced a blockchain-based system for verifying worker credentials. Workday Credentials is, like the name suggests, designed to make it easier to check, verify and manage employees credentials. But it will also enable companies to check the credentials of contractors, students and partners.

?Today organizations need new ways to engage and inspire a fluid workforce that brings its consumer technology expectations to the workplace,said David Somers, vice president and general manager of talent optimization at Workday.

?Workday is infusing new technologies such as machine learning, blockchain, and advanced analytics into every inch of our solutions. This enables us to surface meaningful insights, create greater efficiencies, and deliver a more intelligent experience that is unmatched by other vendors??for the broader benefit of our customers, their employees, and their bottom line.p>

The company also announced Workday Accounting Center, a new application built on its? Workday Prism Analytics program. Through it, the developer hopes to provide users with more control over how they manage operational data from multiple sources with a single point of control across the enterprise.

?As the finance function continues to evolve, CFOs and finance leaders are looking for tools that will help their teams focus on more strategic work and innovate in a way that enhances revenue,said Barbara Larson, general manager atWorkday Financial Management. ?Workday is weaving new technologies such as machine learning and advanced analytics into every aspect of our accounting and finance solutions to save time and enable faster, data-driven decisions. By creating more efficiencies across the board, we can help drive agility and immediate business value for our customers benefit.p>


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