Being an experienced professional has its benefits, one of which is the ability to recall how we conducted business prior to the development of cloud computing. It enables us to recognize the benefits of contemporary technologies. The majority of millennials find it difficult to imagine using paper time sheets, going to the bank on payday, or employing a large staff to audit payroll.
ERP The 1990s’ payroll systems reduced the tedious timekeeping and payroll procedures, but there was still a lot of it. Relationship database-based software was cumbersome and difficult to operate. We were still doing a lot of manual data entry, processing took a long time, and we spent hours going over pages and pages of reports looking for and fixing mistakes.
Finance, Payroll, and IT guarded their legacy platforms for a very long time after talent management went to the cloud. Until this point, the idea of moving payroll to the cloud was opposed. Security issues and a fear of losing control were the main sources of resistance.
When Workday introduced Finance and HR in the Cloud in 2006 using quick in-memory processing and an object model approach to programming, they altered that image. Although the object-oriented notion was not new, it was a brave step to incorporate it into basic financial operations.
Although these upgrades greatly simplify payroll operation and maintenance, installation still necessitates the same level of care as with legacy platforms. While the conventional Workday implementation stages will be guided by your implementation partner, there are steps your business must do to ensure a smooth launch.
- Prior to starting, address any problems with the payroll procedures and related systems. A new payroll system won’t fix issues you have with a time and attendance application. Create a map of your linked processes, taking into account any software or integration that works with payroll. Include relationships with outside vendors, such as advantages and shared costs.
- Start today if you don’t already have a governance team and policy in place. Take advantage of this chance to take control of your data. Finance is the ideal place to start, however, you don’t have to finish it all right now.
- You might believe that the underlying setting is correct due to the user-friendly interface and convenience of usage. Be thorough when testing.
- Prior to implementation, fix issues. Don’t put off fixing problems until after launch.
- Before you shut down your old platform, prepare to perform a number of payrolls concurrently.
Conclusion:
We really hope that these pointers assist you in having a smooth Workday Payroll launch. Please share your thoughts in the space below if you have any other suggestions for topics we should cover.
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Happy reading!