Which of the following is a key benefit of Workday HCM?

Enhanced data visibility and reporting is a key benefit of Workday HCM because it allows organizations to make informed decisions based on real-time data access and insights. By providing dashboards and analytics tools, Workday enables HR professionals and management to track important metrics related to workforce performance, engagement, and compliance. This increased visibility helps in identifying trends, forecasting needs, and making data-driven strategies to improve overall organizational effectiveness.

Organizations benefit from this capability as it reduces reliance on manual processes and the associated delays in compiling reports, thus fostering a more agile HR function. The ability to generate tailored reports also aids in enhancing operational efficiency and aligning workforce strategy with organizational goals. By leveraging comprehensive data visibility, companies can respond promptly to challenges and opportunities within their workforce, ultimately driving better outcomes.