Workday, Inc., a leader in enterprise cloud applications for finance and human resources, and Equifax, a global leader in data, analytics, and technology, have announced a strategic partnership designed to make employment and income verifications faster and more efficient for Workday customers’ employees. This collaboration aims to enhance the employee experience by simplifying the verification process, crucial for significant life events like securing loans or government benefits.
- Partnership Overview:
- Workday and Equifax have partnered to streamline the employment and income verification process.
- This partnership integrates Workday Payroll with Equifax’s The Work Number service.
- Enhanced Employee Experience:
- Employees will benefit from seamless, instant verifications, making it easier to secure loans, mortgages, and government benefits.
- The integration reduces the time HR teams spend on verification tasks, allowing them to focus on employee performance and wellbeing.
- Operational Efficiency and Cost Savings:
- Workday customers can expect significant operational efficiencies and cost reductions by automating the verification process.
- The integration is designed to handle a broad spectrum of employee needs, supporting various life events with minimal hassle.
- Security and Reliability:
- The partnership leverages the security and reliability of the Workday platform combined with the credentialing power of Equifax.
- This integration ensures that verifications are handled with the highest standards of security and efficiency.
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Availability and Accessibility:
- The Employment Verification Connector For Equifax integration will be available to all U.S. Payroll customers in 2025.
- Workday is offering this integration at no additional cost to customers, making it an accessible enhancement for all.
