OneSource Virtual Blog

Data is everywhere. The companies that win are using the data they already have to make better decisions. Data-driven organizations are 23 times more likely to acquire customers, 6 times as likely to retain them, and 19 times more likely to be profitable, according to research by McKinsey.

You've automated invoices. You've automated payments. But if they're running in separate systems, or even separate workflows within Workday, you're still manually bridging the gap. Instead of working in a silo, Premium AP eliminates that final handoff by unifying the entire invoice-to-pay process.

Organizations with end-to-end AP automation can handle the same workload with 17% fewer staff, pay vendors 63% faster, and report 47% better cash flow management.

Accounts payable automation has become a necessity for finance teams looking to save time and reduce errors. Your invoices are digitized, and your approval workflows are automated — but if your AP process ends when an invoice is approved, your team is still doing manual work and leaving efficiency on the table.

With HR teams spending as much as 57% of their time on administrative tasks, strategic initiatives often take a back seat. This is far from ideal, considering how critical compensation management is to employee satisfaction, retention, and the success of your organization overall.

Payroll teams face a costly reality. Disconnected HR, finance, and payroll systems create data silos that lead to processing errors, compliance risks, and wasted administrative hours. But the Workday ERP system eliminates this problem by centralizing all workforce management functions on a single cloud platform.

In 2024, businesses paid $2.8 billion in payroll penalties for incorrect or missed employee payments — errors that help explain why one in three employees has quit a job over payroll problems.

Artificial intelligence dominated every major conversation at last week's Workday Rising in San Francisco. The annual conference drew approximately 30,000 attendees for four days of product announcements, strategic sessions, hands-on learning, and relationship building. But while AI commanded the spotlight, the conference delivered a clear message: rather than replacing humans, AI empowers them to work smarter, faster, and more creatively.

The HR technology market is exploding. In 2025, it’s at approximately $42.5 billion and is projected to reach $82 billion by 2032.