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Workday Selected by Thomson ReutersMarket Leader in Information and Financial Data Moves Human Resources to the Cloud (August 16, 2011)
PLEASANTON, CA -- (Marketwire) -- 08/16/11 -- Workday Inc. today announced that Thomson Reuters, the market leader in information and financial data, will leverage the benefits of modern, global software-as-a-service (SaaS) by using Workday Human Capital Management (HCM) and Payroll for worker data in more than 100 countries. Workday is the leader in SaaS-based enterprise solutions for global human resources (HR), payroll, and financial management.
- Thomson Reuters employs more than 55,000 people in 100 countries, working in business units that provide products and services to the financial, legal, tax and accounting, healthcare, science, and media markets.
- Thomson Reuters considered upgrading its on-premise HR system of record to a current version, and also reviewed other HR vendor offerings for both on-premise and SaaS.
- Following the evaluation, Thomson Reuters determined that Workday is best aligned with its talent and business strategies, including workforce mobility, insights-driven talent decisions, leveraging cloud computing where appropriate, and the ability to quickly adapt to changing government regulations across the globe.
Workday expects to deliver significant cost savings as it moves Thomson Reuters' human resources and payroll operations to the cloud. Additionally, Workday will provide an intuitive interface, unified HCM and Payroll for local and global workforce management, real-time workforce visibility, and the ability to conduct HR-related tasks and workforce analytics from the iPad® and other mobile devices.
Comments on the News
"We required a partner that would work alongside Thomson Reuters to meet the talent goals we've established for our diverse global organization," said Sue Laskey-Myers, senior vice president of Global HR Solutions and Service Delivery at Thomson Reuters. "Workday has demonstrated they will be that partner, and together we can fulfill our vision of delivering a game-changing HR and payroll system to employees across the world."
"We are thrilled to welcome Thomson Reuters as a Workday customer," said Dave Duffield, co-CEO and chief customer advocate at Workday. "Thomson Reuters is a clear leader in information services worldwide, made possible by its highly talented workforce. We anticipate a long and rewarding relationship with Thomson Reuters and its leadership team."
Workday is the leader in enterprise-class, software-as-a-service (SaaS) solutions for managing global businesses, combining a lower cost of ownership with an innovative approach to business applications. Founded by PeopleSoft veterans Dave Duffield and Aneel Bhusri, Workday delivers unified Human Capital Management, Payroll, and Financial Management solutions designed for today's organizations and the way people work. Delivered in the cloud leveraging a modern technology platform, Workday offers a fresh alternative to legacy ERP. More than 210 customers, spanning mid-sized organizations to Fortune 500 businesses, have selected Workday. Visit us at www.workday.com.
© 2011. Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders.
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