Four ways to Unlock Business value with Workday Prism Analytics

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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.

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 golive. 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

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.

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.