Workday Human Capital Management (HCM) and Financial Management, part of Workday’s cloud ERP, streamline HR and financial operations, improving workforce optimization, scheduling, payroll, and recruiting. A Forrester study of a retail composite (640 stores, \$3B revenue) found these tools boost profits by \$29.3M over three years through 8% higher sales per labor hour, 25% less seasonal hiring, 90% fewer payroll errors, 8 hours/week saved for managers, and reduced turnover. The integrated system increases efficiency across HR, finance, and IT while improving data access and decision-making.

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