By Market Wire, September 09, 2013, 08:56:00 AM EDT
Information Leader Empowers Global Workforce With Information at Their Fingertips for Greater Insights and Business Outcomes
PLEASANTON, CA -- (Marketwired) -- 09/09/13 --
Workday, Inc. (NYSE:WDAY), a leader in enterprise cloud applications for human resources and finance, today announced that Thomson Reuters has rolled out Workday Human Capital Management (HCM) and Payroll to approximately 60,000 employees across 100 countries. Over the course of a single day, Thomson Reuters completely displaced its global, on-premise system with Workday's simple, unified HR suite in the cloud. With Workday, Thomson Reuters is empowering its business leaders with accessible, actionable insights to manage their teams and make better business decisions on a local to global scale.
As a leading provider of information, news, and professional workflow solutions, Thomson Reuters selected Workday to reimagine an HR system that would provide its workforce with the same caliber of technology and user experience the company is committed to delivering to its own customers around the world. Given Workday's unique approach to delivering new innovations driven by customer participation and feedback, Thomson Reuters saw Workday as a partner that could push the boundaries on self-service for its employees and speed to insight for its leaders. Over the course of its deployment, Thomson Reuters was intimately involved in shaping several features and applications in collaboration with Workday, including Talent Management and Time Tracking. With a deep understanding of the applications it would ultimately utilize, Thomson Reuters was able to set the course for a successful deployment of Workday.
After a seamless rollout of Workday across 100 countries on June 17, 2013, Thomson Reuters is seeing immediate employee engagement in the system. Since deployment, more than 320,000 business processes and approximately 57,000 unique users have been recorded globally in Workday.
Benefits that Thomson Reuters is seeing or expects to realize include:
- Improved visibility into the business with real-time workforce analytics that more than 10,000 managers can explore on tablet, smartphone, and desktop.
- Integrated talent and performance management with a rich, global base of employee information that drives hiring and sourcing decisions.
- Enhanced predictive and risk mitigation for payroll, allowing payroll managers to gain early visibility into issues they can adjust prior to payroll processing.
- Improved standardization of time and attendance processing with a platform configurable to the regulations and specifics of individual countries.
- Reduced demand on HR for ad-hoc requests and administrative support, enabling HR managers to better partner with business leaders.
Proactive Workforce Management with Simple, Actionable Analytics
Thomson Reuters is changing the way its leaders around the world view workforce information and accelerate insights with intuitive, real-time analytics embedded in Workday. As a pillar of its deployment, Thomson Reuters is delivering role-based dashboards tailored to insights managers need in context of when and where they make decisions. Available on tablet, smartphone, and desktop, these dynamic dashboards enable leaders to access a collection of more than 200 global workforce reports in Workday that are configurable by region, country, and city. For deeper insight into their business and teams, they are able to segment and drill-down into workforce and financial metrics such as headcount, compensation, performance, and attendance.
Comments on the News
"Thomson Reuters is committed to continually increasing the value that HR can infuse into the business and sees Workday as a natural partner for our success globally," said Sue Laskey-Myers, senior vice president of Global HR Solutions and Service Delivery, Thomson Reuters. "With Workday, our employees, managers, and executives have all of their information in one easy-to-access place for better, faster workforce management decisions across the world."
"We continue to see large, global organizations like Thomson Reuters partner with Workday to reimagine the breadth and depth of HR in the cloud," said Leighanne Levensaler, vice president, HCM products, Workday. "We are thrilled to see Thomson Reuters succeed in its deployment, and look forward to our continued partnership that pushes the limits on simple, scalable innovation in workforce management that drives business growth."
Workday is a leading provider of enterprise cloud applications for human resources and finance. Founded in 2005, Workday delivers human capital management, financial management, and analytics applications designed for the world's largest organizations. Hundreds of companies, ranging from medium-sized businesses to Fortune 50 enterprises, have selected Workday.
Any unreleased services, features, or functions referenced in this document, our website or other press releases or public statements that are not currently available are subject to change at Workday's discretion and may not be delivered as planned or at all. Customers who purchase Workday, Inc. services should make their purchase decisions based upon services, features and functions that are currently available.
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Source: Workday, Inc.