Overview of Retail Solutions by Workday
In today's fast-paced retail environment, staying ahead of the competition requires leveraging advanced technologies like artificial intelligence. Workday offers tailored solutions for retailers to adapt to the ever-changing landscape of consumer demands, workforce dynamics, and business models. Workday's retail solutions are designed to help companies accelerate their growth and keep pace with industry trends.
Key Benefits of Workday Student for Retailers
Workday Student delivers significant advantages to retailers, including substantial cost savings and efficiency improvements. By using Workday Student, retailers can save $780,000 per year per store manager through the effective management of frontline workforce. Moreover, Workday Student reduces expense reimbursement time by 67%, controls costs, manages margins, accelerates corporate-wide planning by 50%, and decreases staff turnover by 16% through transformative talent management initiatives.
Comprehensive Solution Use Cases for Retailers
Workday's retail solutions cover a wide range of use cases to address every aspect of an organization's operations. From managing frontline workforce and optimizing labor to enhancing employee experience, improving engagement, and ensuring compliance, Workday Student offers a holistic approach to retail management. Retailers can benefit from features like talent management, high-volume recruiting, mass onboarding, financial planning, analytics, budgeting, sales forecasting, and more, tailored specifically for the retail industry.
Customer Success Stories with Workday Student
Leading retail organizations worldwide have successfully adapted to industry changes by leveraging Workday solutions. These organizations have transformed their HR operations for greater efficiency, built innovative apps to enhance employee services, combined planning and insights for operational excellence, and engaged frontline staff with flexible workforce tools. Workday's track record of customer success demonstrates the platform's ability to drive tangible results and support retail business growth.
Resources and Demos for Retailers
Retailers can access a wealth of resources, insights, trends, and demos through Workday's platform. From extended demos on accounting process automation to quick demos on frontline manager lifecycle and retail interoperability with Workday, retailers can explore the features and capabilities of Workday Student in-depth. Additionally, whitepapers like '7 Reasons to Unite Finance and Human Capital Management in Retail' offer valuable insights into best practices and strategies for success in the retail sector.
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