Workday

Human Resources • HR Management

⌘K
Online
HR ManagementPayrollTalent ManagementAnalytics
Low RiskOn Track
Contract

$1,400,000

Total Value

Invoiced

$1,280,000

91.4% of contract

Potential

$105,000

Savings Available

Realized

$70,000

66.7% efficiency

Actionable Outcomes

Specific data points required to deliver expected outcomes

1Deliver Cost Savings

Potential Recovery: $105,000

Module optimization and user license rightsizing could reduce costs by 7.5%.

2Drive Efficiency Gains

Workflow automation could reduce HR processing time by 45%.

Contract: Net 30

Average Time to Pay: 29 days

3Reduce Business Risk

Risk Level: Low

Minor integration challenges with legacy payroll systems.

SLA Performance - System Uptime

Target: 99.5%Actual: 99.8%
Met

Optimization Insights

Cost Savings

$105,000

Module optimization and user license rightsizing could reduce costs by 7.5%.

Efficiency Gains

Workflow automation could reduce HR processing time by 45%.

Risk Reduction

Complete legacy system migration to eliminate integration complexity.

Spend Analysis

Monthly Spend Trend

Contract Value: $1,400,000

$350k
$263k
$175k
$88k
$0k
$350,000
25.0% of total contract
$350,000
25.0% of total contract
Jan 24
Apr 24
Monthly Spending
Normal (<20%)
High (20-30%)
Critical (>30%)

Key Metrics

Total Contract Value

$1,400,000

Total Invoiced

$1,280,000

Spend Ratio

91.4%

Number of Contracts

1

Contracts

Workday HCM Suite 2024

contract-workday-001

Met

Period

Jan 1, 2024 - Dec 31, 2024

Value

$1,400,000

Payment Terms

Net 30

Recent Invoices

inv-workday-002

Apr 30, 2024

Paid

Amount

$350,000

Days to Pay

30 days

Contract

contract-workday-001

inv-workday-001

Jan 31, 2024

Paid

Amount

$350,000

Days to Pay

28 days

Contract

contract-workday-001