[Workday, Inc.] Workday announces new AI agent to transform human resources and finance business processes
*Workday Co., Ltd.*
Press release: September 19, 2024
**
Workday unveils new AI agent to transform HR and finance processes *Announcing an agent that utilizes AI to assist with human resources and financial tasks. Improve productivity by predicting and
streamlining common business workflows such as hiring, expense reimbursement, succession planning, and business process optimization* This release is an English release distributed by Workday Inc. in the United States on September 17, 2024 (local time).
This is an abridged Japanese translation based on the following. Regarding its content and interpretation, the English text shall prevail.
human resources in the organization
and funds
Workday, Inc. Agents represent a new era of enterprise AI, replacing traditional piecemeal AI. Drive from functionality to end-to-end business process
transformation. The recently announced AI agent is the first in the series, and Workday
aims to radically simplify business processes for end users and empower employees.
David Somers, Chief Product Officer at Workday, said:
“A.I.
There is no doubt that the world has the potential to revolutionize the way we work. However, for many companies, the path to achieving the full benefits is not clear. Workday
Illuminate and new AI agents change that. Workday
By transforming the entire business workflow for finance and HR, we help companies create exponential value across their organizations.”
Recruiter Agent: Find and hire the best talent faster
Workday redefines talent acquisition with this AI agent. This agent is HiredScore
Builds on current capabilities to streamline recruiting on Workday. Workday and HiredScore already
Our mutual customers are increasing recruiter productivity by 25% thanks to AI. recruiter
Agents can go one step further and dramatically reduce hiring time by identifying inactive candidates, automating contact with candidates, and recommending the best candidates for open positions. This will improve the quality of recruitment. The agent automates tasks such as creating job postings, finding candidates, scheduling interviews, and provides information on candidate profiles.
Deliver AI-powered insights. Also, Microsoft Teams
By integrating with communication platforms like , hiring managers can receive notifications along the way and leave interview feedback.
Expense Management Agent: Automatically create and submit expense reports using AI
Companies around the world spend an average of $500,000 and nearly 3,000 hours a year revising expense claims. expense management The agent eliminates manual work as much as possible, and allows you to complete the process from creating an expense request to submitting it and getting it approved by your superiors in an almost touchless manner. For example, an employee on a business trip might immediately receive a text message prompting them to upload their receipt after paying at a coffee shop. The system matches uploaded receipts with credit card transactions and automatically creates expense statements. When employees check out of a hotel, they can do so from their smartphones.
When you send a receipt to Workday, Workday itemizes the expenses on the receipt and notifies employees that it’s ready for review before submission.
Successor Development Agent: Discovering and developing human resources who will become future leaders
Successor Development Agents use AI to develop future successors, rather than regularly implementing plans to develop human resources. Make it an ongoing process. Successor training
Agent automates the succession planning process, helping managers identify and develop future leaders within their organization. Agents can recommend succession plan updates to managers, automatically recommend successors from within the organization, and create personalized development plans to prepare top talent for their next position. can.
Workday Optimization Agent: Improve operational efficiency and identify overlooked areas
Workday Optimization agent works with Workday
Streamline internal business processes. Identify bottlenecks, inefficiencies, and deviations from best practices. For example, you can automatically detect and correct issues in your employee onboarding process, such as manual data entry or out-of-order steps.
In addition to the new agents we announced today, Workday is also introducing Salesforce
or Microsoft
We work with partners such as to build unified agent capabilities to provide seamless assistance to users across the most popular enterprise platforms.
IDC’s Micky North Rizza said: “Rapidly evolving AI
To stay competitive in this era, companies must find ways to apply AI to every business function and create real value. Workday
Illuminate and the newly announced new AI
Agents are paving the way for transformation, helping businesses streamline their operations, make better decisions, and become more efficient and agile than ever before.”
Availability period
Expenses, Succession, and Optimize agents are scheduled for limited availability in 2025. Recruiter
The agent is currently available on HiredScore and will be further integrated with Workday in Spring 2025
(Currently only available in English).
Detailed information
– Workday’s new Workday Illuminate
Find out more about
– *New AI-powered Workday user experience and Workday Assistant*
Read the announcement
– *Workday AI Masterclass*
Learn more about enterprise AI at
That’s all
About Workday
Workday and finance
A cutting-edge enterprise platform that helps you manage your business effectively. Workday’s platform is AI
With this as our core, we will continue to improve the abilities of our employees, strengthen their work ability, and continue moving forward forever (forever forward).
Built to enable business. 10,500 companies, ranging from midsize companies to more than 60% of Fortune 500 companies.
Companies and organizations in various industries around the world have adopted Workday.
For more information about Workday, please visit