Wells Fargo Selects Workday to Help Transform HR
February 28 2020 - 8:30AM
Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud
applications for finance and human resources, today announced that
Wells Fargo & Company (NYSE: WFC) has chosen Workday Human
Capital Management to help elevate the user experience and increase
HR efficiencies across the organization for its approximately
260,000 global employees. In addition, Wells Fargo’s delivery
roadmap includes Adaptive Insights Business Planning Cloud, Workday
Payroll, Workday Prism Analytics, Workday Recruiting, and Workday
Time Tracking to help the company plan, execute, and analyze across
the enterprise all in one system powered by machine learning.
Headquartered in San Francisco, Wells Fargo provides banking,
investment, and mortgage products and services, as well as consumer
and commercial finance.
With Workday, Wells Fargo will aim to:
- Enhance HR experiences for global team members with an
intuitive, user-friendly system that will help enable them to
access relevant information and perform tasks whenever and wherever
necessary.
- Minimize risk with controlled access to data, equipping
employees with the right level of information and a single source
of truth for HR data across the entire organization.
- Gain greater visibility into its workforce and utilize insights
to make more informed and timely people decisions.
- Streamline and support critical HR processes and operations,
creating efficiencies for team members to focus on strategic tasks
that help drive the business forward.
- Utilize scalable workforce planning capabilities and analytics
to help allow HR business partners and organizational leaders to
optimize talent in a way that effectively aligns with corporate
goals, and to more quickly make informed decisions that drive
business value.
Comments on the News“We are on a multi-year
journey to transform the HR experience at Wells Fargo, and adopting
industry-leading technology through our partnership with Workday is
key to that transformation,” said David Galloreese, head of human
resources, Wells Fargo. “By investing in best-in-class tools, we’re
working to deliver a best-in-class experience for our people.”
“We continue to see financial services leaders select Workday to
help advance their HR functions globally with one system to plan
for, execute on, and analyze people-related initiatives,” said
Chano Fernandez, co-president, Workday. “Wells Fargo joins several
other Fortune 50 financial services organizations that are
leveraging Workday’s innovative HR technology to better engage
their workforce and inform people decisions that help meet
customers’ financial needs.”
About WorkdayWorkday is a leading provider
of enterprise cloud applications
for finance and human resources. Founded in 2005,
Workday delivers financial management, human capital management,
planning, and analytics applications designed for the world’s
largest companies, educational institutions, and government
agencies. Organizations ranging from medium-sized businesses
to Fortune 50 enterprises have selected Workday.
Forward-Looking Statements This press release
contains forward-looking statements including, among other things,
statements regarding the expected performance and benefits of
Workday’s offerings. The words “believe,” “may,” “will,”
“estimate,” “continue,” “anticipate,” “intend,” “expect,” “seek,”
“plan,” “project,” and similar expressions are intended to identify
forward-looking statements. These forward-looking statements are
subject to risks, uncertainties, and assumptions. If the risks
materialize or assumptions prove incorrect, actual results could
differ materially from the results implied by these forward-looking
statements. Risks include, but are not limited to, risks described
in our filings with the Securities and Exchange Commission (SEC),
including our Form 10-Q for the fiscal quarter ended October
31, 2019 and our future reports that we may file with the SEC
from time to time, which could cause actual results to vary from
expectations. Workday assumes no obligation to, and does not
currently intend to, update any such forward-looking statements
after the date of this release.
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.
© 2020. Workday, Inc. All rights reserved. Workday, Adaptive
Insights, and the Workday logo are trademarks or registered
trademarks of Workday, Inc. registered in the United States and
elsewhere. All other brand and product names are trademarks or
registered trademarks of their respective holders.
Investor Relations Contact:Justin Furby+1 (925)
379-6000justin.furby@workday.com
Media Contact:Nina Oestlien+1 (415)
828-3034nina.oestlien@workday.com
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