Workday Human Capital Management Vocabulary Flashcards

These flashcards cover key vocabulary and concepts from Workday Human Capital Management to aid in studying and understanding the material.

Human Capital Management (HCM)

A strategic approach to managing and developing an organization's workforce to optimize performance and employee engagement.

Cloud-based system

A technology solution that delivers services over the internet, allowing users to access applications, data, and computing resources online.

Legacy systems

Outdated computer systems or applications that are still in use despite newer technology being available.

Employee Engagement

The emotional commitment and involvement an employee has towards their organization and its goals.

Business Process Management

The discipline of improving and optimizing business processes to achieve better organizational performance.

Reporting and Analytics

The practice of analyzing data and generating reports to inform decision-making and improve business outcomes.

Compliance Management

The process of ensuring that an organization adheres to all relevant laws, regulations, and internal policies.

Machine Learning

A branch of artificial intelligence that enables systems to learn from data, identify patterns, and make decisions without human intervention.

Skills Cloud

A digital platform that provides a comprehensive database of skills, enabling organizations to manage and optimize their workforce capabilities.

Single source of data

A unified database that serves as the authoritative reference for all data within a system, eliminating data silos.

Talent Pipeline

A pool of candidates and employees who are prepared for current and future job opportunities within an organization.

Mobile-first design

An approach to software development that prioritizes the mobile user experience by ensuring functionality and ease of use on mobile devices.

Employee Self-Service

A feature in HR systems that allows employees to manage their own HR-related tasks, such as benefits enrollment and time-off requests.

Organizational Management

The aspect of human resources that focuses on structuring an organization effectively, including roles, responsibilities, and reporting hierarchies.

Compensation Management

The administration of employee compensation, including salary, bonuses, and benefits.

Dynamic Reports

Reports that automatically update and allow users to filter and analyze data in real-time.