COMPANYWDAY

Workday

Workday is a cloud ERP and HCM software for large enterprises.

Workday operates in the B2B SaaS Provider segment.

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Distinction

Workday is an enterprise software vendor for HR, finance, payroll, and planning; it is not a staffing marketplace, payroll bureau, or consumer productivity app. It competes with major ERP and HCM vendors rather than adtech, martech, or media platforms.

Founded
2005
Headquarters
United States
Core Segment
B2B SaaS Provider
Company Size
>5,000
Official Links
Website
Verified
2026-04-22

Workday: About

Workday operates a multi-product enterprise SaaS model. It provides a unified cloud platform spanning HR, payroll, finance, planning, analytics, data infrastructure, and developer extensibility. Customers adopt one or more core systems and often expand over time into adjacent modules, creating account growth through cross-sell and deeper workflow standardisation. Value is created through a shared data model that connects workforce, financial, and operational processes in a single environment.

Workday: Market Position

Workday is a US-based public enterprise software company that sells cloud applications for human capital management, payroll, financial management, planning, analytics, employee engagement, spend management, and application extensibility. Its products are sold primarily to medium and large enterprises, with core buyers spanning HR, finance, procurement, IT, and operations teams.

The company makes money mainly through recurring SaaS subscriptions tied to modules, employee counts, and deployment scope, with additional revenue from implementation and support services. Its commercial strategy centres on landing core HR or finance systems and expanding into adjacent workflows such as planning, analytics, contingent workforce management, and low-code application development.

Workday: Frequently Asked Questions

What is Workday?

Workday is a public enterprise software company that provides cloud applications for HR, payroll, finance, planning, analytics, and related workflows.

Who uses Workday?

Workday is used by medium and large enterprises, especially HR, finance, procurement, IT, payroll, FP&A, and operations teams.

How does Workday make money?

Workday makes money mainly from recurring SaaS subscriptions for its software modules, with additional revenue from implementation and support services.

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