Workday HCM Interview Questions and Answers
Providing integrated modules for
transaction management and human resources, Workday - the cloud-based platform has
its presence in many top multinational companies to ease their work. With the
increase in demand for Workday professionals and can learn in a short span of
time, many people are taking Workday training to secure their life with a
better career opportunity.
Here are a few Workday Interview
Questions and Answers. Surf through these before going to an interview.
Explain Workday HCM
HCM stands for Human Capital
Management. It is cloud-based software and it unifies many HR functions like
time tracking, payroll, and compensation, etc. and Talent management into one
system. Since Workday Software provides comprehensive services, many
organizations are using Workday for their needs. Moreover, it is easy to learn
and implement.
How
many types of modules are present in Workday? What are they?
There are two different modules
present in Workday:
i.
Workday HCM
- Workday Financial
What type of Reporting will be available in
Workday?
Workday provides multi-dimensional
and analytics report with access to real-time data using which one can find
transaction-level details. With the help of analytical reports, an employee or
manager can take any action immediately. Workday reports give you information
that is more actionable with calculated fields, graphics, charts, etc.
Mention some of the advantages of Workday
Since all the transactions are
real-time, Workday provides immediate access to
employees and greater flexibility. Employees can run their own reports whenever
required without any requesting for a report and waiting. The reports allow
managers to make more data-driven decisions with their insightful data. Moreover,
employees have access to their own HR benefit elections, withholding
exemptions, dependent changes, absence request, time tracking entries, etc.
What are some of the key features of Workday HCM?
Here are some of the features.
1.
Talent
Management
2.
Time
Tracking
3.
Payroll
Solutions
4.
Goal
Management
5.
Performance
Management
6.
Succession
Planning
7.
Career
and Development Planning
8.
Payroll
Co-Sourcing Services
9.
Cloud
Connect for Third-Party Payroll
What kind of businesses mostly uses Workday
HCM?
Workday HCM has i). Large Scale Business, and
ii). Mid Size Business
Can we use Workday for any student-related academic
information?
No. Everything related to Student,
class, schedule, grade information, etc. would be in the PeopleSoft Student
System, which can be accessed using the current processes.
Does
Workday HCM offer an API?
No.
Does IDS store every piece of existing data
from the mainframe and Workday?
No, it will not store every piece of
existing data. IDS or Institutional Data Store will only store some data of
Workday, which it identifies as the most important data for a downstream
report. And the data, which could be
difficult for other applications to handle.
Does Workday support any internet browser on
any computer?
Workday works on almost all the
internet browsers like Mozilla, Chrome, Firefox, and Safari and on any
computer.
How much secure is Workday and does everyone
get access to generate reports?
Login credentials are required to
access Workday. We can also restrict the access in the settings and see which
reports or data they can view.
How do you access Standard Workday Delivered
Report?
By browsing through the category in
the sitemap and running a report. Or by searching in the search bar with a name
of the specific report.
To become a pro in Workday HCM, you can take quality training at www.iqonlinetraining.com
Define ERP
ERP stands for Enterprise Resource
Planning. It is a methodology that integrates various functions in business
like inventory, order management, accounting, HR, customer relations into one
system. To put simply, it is an integration of various applications an
organization uses, to store, manage, collect and interpret data from different
business activities.
What is RaaS report?
RaaS stands for Report-as-a-Service.
It is a report prepared by Workday with web service enabled.
Name some of the Workday Integrations
Here are some of the Workday
Integrations
- Workday
Studio Integration
- Cloud Connect Integration, and
- Enterprise Information Builder (EIB) Integration
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