Workday HCM is renowned for its robust reporting and analytics capabilities, empowering organizations to make data-driven decisions. However, many users only scratch the surface of what Workday can do. In this blog, we’ll share the top 10 Workday HCM reporting and analytics tips to help you unlock the full potential of this powerful platform.

1. Use Pre-Built Reports to Save Time

Workday offers a wide range of pre-built reports designed to meet common HR needs. Instead of creating reports from scratch, start with these templates to save time and effort.

2. Customize Dashboards for Different User Roles

Different users have different reporting needs. Customize dashboards to provide relevant insights for each role, whether it’s HR managers, department heads, or executives.

3. Leverage Advanced Analytics for Workforce Insights

Workday’s advanced analytics tools allow you to dive deeper into your data. Use these tools to uncover trends, identify patterns, and gain actionable insights into your workforce.

4. Schedule and Automate Report Delivery

Save time by scheduling reports to run automatically and deliver results to stakeholders on a regular basis. This ensures everyone has access to the latest data without manual intervention.

5. Use Calculated Fields for Deeper Analysis

Calculated fields allow you to perform complex calculations and create custom metrics. Use these fields to analyze data in new ways and gain deeper insights.

6. Combine Data from Multiple Sources for Comprehensive Reporting

Workday allows you to combine data from multiple sources, such as HR, payroll, and talent management. Use this feature to create comprehensive reports that provide a holistic view of your organization.

7. Train Your Team on Workday’s Reporting Tools

Ensure your team is equipped to use Workday’s reporting tools effectively. Provide training and resources to help them create, customize, and interpret reports.

8. Monitor Key HR Metrics Regularly

Regularly monitor key HR metrics, such as turnover rates, time-to-hire, and employee engagement. Use these insights to identify areas for improvement and track progress over time.

9. Use Predictive Analytics for Strategic Planning

Workday’s predictive analytics tools allow you to forecast future trends and make proactive decisions. Use these tools to plan for workforce needs, identify risks, and seize opportunities.

10. Stay Updated on New Workday Reporting Features

Workday continuously releases new features and enhancements. Stay informed about these updates to ensure you’re leveraging the latest tools and capabilities.

Conclusion: Make Data-Driven Decisions with Workday HCM

Workday HCM’s reporting and analytics tools are a game-changer for HR teams. By following these top 10 tips, you can unlock the full potential of Workday and make data-driven decisions that drive business success.

Need Help with Workday Reporting and Analytics?

At Lafayette Technology, we specialize in helping organizations like yours maximize the value of Workday HCM. Whether you’re looking to optimize your reporting processes or explore advanced analytics, our team of experts is here to help. [Contact us today] to learn more!