AWS-Workday Partnership: AI Transforming HR and Finance
Today’s organisations face unprecedented challenges in managing their most critical resources: people and finances. Human capital management has evolved far beyond simple payroll and time-tracking, now encompassing complex tasks such as talent acquisition, workforce planning, performance management and employee engagement. Similarly, financial management has grown increasingly sophisticated, involving intricate processes like real-time financial reporting, predictive analytics and strategic budgeting.
As these core business functions become more complex, organisations are turning to advanced technologies to streamline operations, gain deeper insights, and make more informed decisions. Amazon Web Services (AWS) and Workday have expanded their long-standing partnership, promising to usher in a new age of productivity, decision-making and AI-driven solutions for businesses worldwide.
At the heart of this collaboration is the fusion of AWS's cloud expertise with Workday's expertise in enterprise management software. This partnership aims to leverage the best of both worlds: AWS's cutting-edge cloud infrastructure and AI capabilities and Workday's deep understanding of human resources and financial management needs.
“This expanded partnership combines the power of Workday AI and AWS to deliver AI features to our customers faster and more efficiently,” said Shane Luke, VP of Product and Engineering and Head of AI and ML at Workday. “With Workday AI, we’re focused on delivering value for our customers through the use of enterprise data in their Workday applications. By leveraging AWS, we can focus more directly on that goal, while using the tools and services they provide for a range of model management and operations.”
Developing generative AI tools
The partnership brings several groundbreaking innovations to the fore. Workday is harnessing AWS technologies like Amazon Bedrock and Amazon SageMaker JumpStart to develop AI tools that streamline HR and financial processes. These include AI-assisted job description creation, automated contract analysis and personalised employee talent highlights.
At the heart of this collaboration is the fusion of AWS's cloud expertise with Workday's expertise in enterprise management software. This partnership aims to leverage the best of both worlds: AWS's cutting-edge cloud infrastructure and AI capabilities and Workday's deep understanding of human resources and financial management needs.
“This expanded partnership combines the power of Workday AI and AWS to deliver AI features to our customers faster and more efficiently,” said Shane Luke, VP of Product and Engineering and Head of AI and ML at Workday. “With Workday AI, we’re focused on delivering value for our customers through the use of enterprise data in their Workday applications. By leveraging AWS, we can focus more directly on that goal, while using the tools and services they provide for a range of model management and operations.”
Developing generative AI tools
The partnership brings several groundbreaking innovations to the fore. Workday is harnessing AWS technologies like Amazon Bedrock and Amazon SageMaker JumpStart to develop AI tools that streamline HR and financial processes. These include AI-assisted job description creation, automated contract analysis and personalised employee talent highlights.
- AI-assisted job description creation
- Automated contract analysis for accurate revenue reporting
- Personalised employee talent highlights
Additionally, the collaboration expands native integrations between Workday and AWS, allowing developers to build custom applications more efficiently. Workday Extend now integrates with various AWS services, enabling more secure and scalable custom app development for finance and HR processes.
Furthermore, joint go-to-market initiatives aim to simplify the adoption of Workday solutions on AWS infrastructure. This collaboration promises near-zero downtime maintenance and improved compliance with data residency laws.
The impact on businesses
For organisations of all sizes, this partnership translates to significant benefits. AI-driven tools can dramatically reduce time spent on routine tasks, allowing employees to focus on high-value activities. With enhanced data integration and AI-powered insights, leaders can make more informed decisions about their workforce and financial strategies.
The partnership also makes custom application development more accessible, allowing businesses to tailor their enterprise solutions to specific needs. As AI and cloud technologies continue to evolve, this collaboration ensures that businesses using Workday and AWS stay at the forefront of innovation.
“Since 2008, AWS and Workday have worked together to help thousands of customers across every industry accelerate cloud migrations and drive faster, more intelligent financial and workforce decisions,” said Kathrin Renz, VP of AWS Industries. “With AWS as a preferred cloud services provider, Workday can quickly develop new ways to help organisations around the globe become more responsive and data-focused. We look forward to deepening our partnership across joint customer workstreams and new innovations and developing generative AI capabilities to help companies around the world move faster and with greater certainty.”
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