Workday launches integrated payroll software in Australia

Workday has launched Workday Payroll for Australia. The software, which marries payroll, human resources and financial data into one system, aims to decrease operational errors and streamline workflows. The decision to offer this product to Australian customers follows successful pilots with several local businesses. The aim was to ensure that the software complies with both local regulatory laws and standard business procedures.

Workday Payroll features include the capability to adjust payroll configurations as business requirements evolve. Administrators utilising Workday Payroll for Australia will retain the real-time and intuitive experience they have become accustomed to. Other benefits include continuous payroll calculations, smart payroll audits, and integrated reporting. Workday Payday is currently available in the United States, Canada, France, the UK, and now Australia. The brand collaborates with a broad network of partners to deliver payroll solutions to organisations in over 120 countries globally.

Jo-Anne Ruhl, vice president and managing director for Australia and New Zealand at Workday, expressed her contentment regarding the Australian release of their payroll system. "Many of our finance and HR customers will be looking at the efficiencies that can be gained by adding payroll to their Workday platform. This addition will allow them to reduce complexity and perform this critical function with ease." She stressed the importance of getting payroll right as it is fundamental to business success and appreciates the opportunity for Workday to play a significant role in making the process more efficient and in tackling regulation and compliance challenges.

Sapient Insights Group has indicated that by the end of 2024, over 50% of global organisations are considering switching their current payroll, timekeeping, and analytics applications. Workday's Payroll Strategy aims to meet this demand by enabling organisations using Workday Human Capital Management (HCM) to seamlessly interact with their national Workday Payroll system. When not available, third-party providers can be linked through a global payroll platform to ensure an efficient, accurate and secure experience. Workday has partnered with Datacom to this end, developing the Workday DataPay Connector for bi-directional data integration, and to display payroll results in Workday.

One of the early adopters of Workday Payroll for Australia, the Cognizant Workday Practice, has significantly benefited from the software. Having gone live with the software about six months prior, the company worked closely with Workday to refine the product. Elaine Hanner, Payroll Director for the Cognizant Workday Practice, offered her insight: "Running Workday Payroll for Australia has already saved us a significant amount of processing time and improved overall accuracy. It ensures a seamless payday, which greatly contributes to the team's satisfaction."