Explain types of reporting in Workday?

Companies across a wide range of industries, including healthcare, manufacturing, media, insurance, and everything in between, can benefit from Workday's services. And it is a near-universal fact that you can't improve what you can't measure, no matter what industry you're in. This Workday reporting guide should give you an overview of the many forms of reports that are accessible in the system.

Different Types of Workday Reporting

Workday offers three categories of reporting.

• Basic

• Advanced, and

• Composite

This is albeit some are more valuable than others.

Basic

While Workday does provide basic reporting, the functionalities are limited, making it less useful than the other two categories. You'll be able to summarise information about Time Off, Pay, and more at this level of reporting. You can also produce basic reports on a one-time or periodic basis, and export them to Excel or PDF if necessary.

Advanced

The reporting is your workhorse, your bread-and-butter, the feature that will meet the vast majority (about 90%) of your reporting requirements. This type of reporting enables you to perform complex multi-data object reporting (table joins), as well as complex record selection (filtering) and multi-level sorting.

Totals/subtotals, simple graphing (bar, pie, column), and security on data access that is automatically applied are some of the built-in features of Advanced reporting. This means report creators don't have to think about security because it's built into the system. Other helpful features of Advanced reporting include the ability to feed outputs into an EIB and simple viewing for the person doing the reporting.

Composite

The reporting is typically utilized in edge circumstances (the 10% of instances that Advanced reporting can't handle). This sort of reporting allows for more complicated calculations and is frequently utilized on Workday's Finance side, but only on rare occasions on the HCM side.

Example of a Workday Report

Here's an example of how we could use the Composite report writer to make reporting on a wage disparity between men and women easier. Assume we wanted to see if pay (real pay results, not simply the compensation rate) for men and women in our organization is equitable over time and by pay grade.

For the past two years, we'd want to group pay results by quarter. We don't want to look at it by pay period. Instead, we want to split basic pay from overtime and shift differential time.

We could use the "Composite" report writer to combine all these needs into one report. It would also help us determine whether there is a basic pay disparity by gender or if the difference is due to overtime assignments, as well as whether there is a problem in some but not all pay grades.

Make an impact on performance by utilizing data.

For successful business planning, reporting is essential. With comprehensive, self-service reports, empower teams across your organization to better understand business performance. With an easy-to-use, drag-and-drop interface that never requires script coding, you may get ad-hoc and prepared to report on scenarios, actuals, metrics, and other data. We make creating, maintaining, and sharing operational and financial KPIs and insights a breeze.

Self-service reporting from beginning to conclusion

Quickly create tailored ad-hoc reports. With interactive, slice-and-dice reporting across dimensions and metrics, intuitive drag-and-drop web reporting puts you in control. Create, distribute, and evaluate real-time management reports in seconds, and share detailed insights with your team.

Financial and sales intelligence are built-in.

Financial and sales analytics are embedded into the basis of our reporting systems. Variances, pivot dimensions, and select parameters can all be monitored and reported on. Create and save "point-in-time" snapshot reports, with the option to include annotations for collaboration. Create folders to organize report lists for quick access to the most recent analysis. Any format, including HTML, PDF, and Excel, can be output.

With ease, delve into the intricacies.

Transparency into transaction details is available right away. You can produce transactional reports with just one click, whether you're digging down into a report or a planning sheet. With the correct context and fields, you can get the level of detail you require.

Worksheet for Team Performance

To access tools to assist manage your team, go to the Team Performance worklet (under Applications on the Workday home screen). The following items can be found under Actions:

Performance Evaluations for My Team

The status of an employee's annual performance evaluation is displayed. Managers that have a small number of direct reports and/or only oversee one department will benefit the most.

• We'd like to hear from you.

Displays all feedback for members of your team that has ever been sought and received.

• Objectives

Goals issued by the management and employee are displayed, along with goal specifics such as the goal type, goal status, and due date.

• Employee Reviews

Print any previous assessments for your direct reports with this action. To find your group, go to Organizations and type in your name (s).

• Get Worker Feedback

Request feedback from any of your direct reports using this action.

Reports - Worksheet on Team Performance

Team Reports

View the reports dashboard in the Reports - Team Performance worklet (under Applications on the Workday home screen) to assist with the annual performance appraisal process. Please keep in mind that vice presidents have access to all performance reviews within their company.

The descriptions of each sort of report available to you as a manager can be found below.

Request for Suggestions

This report is not in the report dashboard. But you may find it by searching for "Feedback Requested" in Workday's search area at the top of the screen.

This report shows information about each team member's feedback requests. This includes who received the feedback request and when it was sent. If feedback has been submitted, the report's feedback area will be filled in.

Managerial Reports

Aside from the Time and Absence reports mentioned above, there are a variety of other reports that can assist you to manage your company. We particularly recommend:

This report summarises the status of workers who are in various phases of the onboarding process. The report includes an overall completion % as well as a list of remaining and finished actions, as well as those that have not yet been started. Employees should complete all onboarding duties during the first three days of employment since the information provided through these tasks has an impact on employee pay and benefits.

Employee benefits

The availability of employee benefits is contingent on the input of a home address. If this information is not completed in Workday, enrollment may be delayed, and the employee may be enrolled in a benefits plan that they would not have chosen.

Form I-9 must be completed within three days of starting work, according to federal law (the start date listed in Workday). If an employee's form isn't completed by the deadline, they won't be able to report to work.

If an employee does not give direct deposit information, a paper check will be mailed to their home address. Their compensation may be delayed if their address is not provided.

Conclusion

When it comes to learning more about the power of Workday reports, our Workday reporting guide is a wonderful place to start. However, if you'd want to learn more about them, our senior-level Workday consultants are well-versed in Workday reporting and can assist you in moving beyond the out-of-the-box solutions. You can learn more about reporting through Workday online training.

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