Workday claims 30% to 40% savings for early users of finance AI, without saying in time or money. Use costs paid credits.
Workday is now offering Decision Intelligence, its AI tool for HR and finance analysis, to its HR and finance software customers, ERP Today reported on 23 October from Workday Rising in Las Vegas.
Users ask questions in plain language and test scenarios, such as whether a planned hire is needed.
Workday said more than 50 customers joined the early programme. Its claim covers tasks such as variance analysis, the work of explaining why actual results differed from plan. The report gives no unit for the saving.
Use is metered. Each analysis draws on Flex Credits, Workday's paid currency for AI, and Workday says it is building limits so customers cannot run through their credits.
ERP Today warned that repeated questions during the month-end close draw down credits. It told customers to check whether hard spending limits are available in their own setup.
Unity Technologies, one early user, says the tool helps its finance team prepare the monthly outlook pack for its CFO.
Sources
Our file on Workday
- 26 Oct
Workday priced $2.5bn of debt. It plans to retire $1bn of older notes.
- 25 Oct
AWS announced $1 billion for engineers who build AI inside client firms. Gartner advises clients to plan the exit before they arrive.
- 17 Oct
Workday's CEO saw ten layers between him and a developer. He cut 525 jobs.
- 16 Oct
Workday told analysts customers spend tens of millions on outsourcing. It wants that budget.
- 15 Oct
Workday agreed to buy C1.ai, which controls what AI agents can access.
For your next steering committee
- 1Ask which AI tools already touch your ERP or finance data, including the ones nobody approved.
- 2Ask what each tool is allowed to change, and who reviews what it changed.
- 3Ask how the result is measured, and who decides to switch a tool off.
Issue 01 of the ERP LEADERS brief puts a timeline, the three-number review and six questions on one page. Read issue 01
Welcome back. · Issue 01
