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One in five U.S. payrolls contains errors, each of which costs an average of $291 to fix, according to Ernst & Young. It doesn't take much to make a mistake. A misplaced period, a four that looks like a nine, a wrong box checked — these are the kinds of small errors that can end up costing your business, not only financially but also by eroding employee trust, disrupting your operations, and tarnishing your organization's reputation. Understanding how errors like these occur is crucial to preventing them.
4 min read
As any finance leader knows, accounts payable (AP) is a critical part of doing business. Behind the scenes, virtually every organization relies on its own network of vendors and suppliers to run, and those organizations have to be paid. It’s like the circle of life, but for businesses. Inevitably, the volume of invoices varies from one organization to another, but what doesn’t vary is the need for accuracy, efficiency, and insights within this process. But even as leaders recognize AP’s importance, many companies struggle to achieve what they need.
4 min read
On August 22, 2024, Workday and Equifax announced a strategic partnership to streamline employment and income verifications for Workday customers. By integrating Workday Payroll with Equifax’s The Work Number® service, this partnership aims to provide employees with faster, seamless verifications for major life events while helping HR teams reduce costs and automate processes.
5 min read
Workday Rising, the annual conference that brings Workday customers and partners together, isn’t your typical industry event. It’s more like a celebration, and it seems to get bigger every year, with last year’s attendance setting a record at approximately 15,000 people. We’re sure it will be no different this year as Workday Rising hits Las Vegas September 16-19.
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