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Benefits administration is the work of managing employee benefits programs — enrollment, eligibility, deductions, life events, compliance, and everything in between. It sits at the intersection of HR, payroll, and finance, and when it breaks down, employees are the ones who feel it first. That’s critical to keep in mind. More than three in five employees would consider leaving their current job for one with better benefits, even if it meant accepting lower compensation, according to a 2024 Aflac study.
4 min read
Last week, we hosted OSVConnects+ London, a special event that brought Workday’s London community together for a day of learning and networking. Held at the iconic Troxy venue on November 13, we welcomed nearly 130 attendees, along with guests from Workday, CIPP, and some of our valued customers. The day was packed with exciting product announcements, demonstrations, and conversations.
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.
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