Explore the Secrets of Workday Licensing
Maximize your value when purchasing a premium solution and negotiate from a position of strength.
- Organizations examining a move to Workday or renewing a contract struggle to gain information and leverage in the negotiation process on commercial components such as pricing transparency, contractual flexibility, terms, and license use rights.
- Implementations and customization can become difficult if adequate planning steps and communication are not taken beforehand.
- The FSE Worker Calculation formula is used in the pricing process and can be negotiable.
- Information and training documentation must be searched in online handbooks, making it difficult to find and time consuming
- Workday’s partner ecosystem, while closely managed, isn’t flowing with resources. Finding the right partner, at the right cost to support an implementation can be challenging.
Our Advice
Critical Insight
- Know which defined areas of the agreement can be negotiated and which can't.
- Workday closely manages the Partner ecosystem and requests feedback on how to better support and implement its technologies. However, resource availability and talent management can be difficult as not many have the necessary skills.
- Recognize and accept that you’ve chosen the premium priced product in the market, so be prepared to pay up for best-in-class capabilities on a cloud-native ERP platform.
Impact and Result
- Focus on needs first. Conduct a thorough needs assessment and document the results. Well-documented worker counts by category and licenses required will be your best asset in navigating Workday licensing and negotiating your agreement.
- Ensure the chosen implementation partner isn’t simply an integrator but provides consultative help and service.
- Leverage executive relationships, downstream increased spending opportunities, and effective communication to drive and manage the relationship and attain necessary information to make effective decisions.
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We produce unbiased and highly relevant research to help CIOs and IT leaders make strategic, timely, and well-informed decisions. We partner closely with IT teams to provide everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.
What Is a Blueprint?
A blueprint is designed to be a roadmap, containing a methodology and the tools and templates you need to solve your IT problems.
Each blueprint can be accompanied by a Guided Implementation that provides you access to our world-class analysts to help you get through the project.
Need Extra Help?
Speak With An Analyst
Get the help you need in this 2-phase advisory process. You'll receive 9 touchpoints with our researchers, all included in your membership.
Guided Implementation 1: Understand Workday
- Call 1: Understand Workday’s business model
- Call 2: Competitive options
- Call 3: SWOT Analysis
- Call 4: Conduct due diligence and requirements gathering
Guided Implementation 2: Understand licensing, negotiate commercial terms, and purchase
- Call 1: Review product options.
- Call 2: Review licensing rules.
- Call 3: Determine negotiation points.
- Call 4: Evaluate and develop a roadmap for future licensing.
- Call 5: Finalize the contract.
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