PRESS RELEASE

Media Contact

Christine Cefalo
Workday
(925) 951-9260
christine.cefalo@workday.com

Share |


Guggenheim Partners Deploys Workday Financial Management and Human Capital Management

Fast Growing Financial Services Firm Adopts Workday's SaaS-based Solutions

PLEASANTON, CALIF. – March 8, 2012 – Workday Inc., the leader in SaaS-based enterprise solutions for global human resources (HR), payroll, and financial management, today announced that Guggenheim Partners LLC has deployed Workday Financial Management and Human Capital Management. Guggenheim, a privately held global financial services firm, is utilizing the Software-as-a-Service (SaaS) model for core business applications and leveraging critical insights gained through Workday to support its global expansion.

What's New

  • Guggenheim is a diversified financial services company with more than $125 billion of assets under management. It required advanced, scalable solutions to support its growth and entrance into new markets.
  • Workday Financial Management provides Guggenheim with:
    • Dramatically reduced general ledger complexity, while increasing the richness of multi-dimensional reports.
    • Built-in configurable and transparent workflows to rapidly adapt to legal and regulatory changes and support financial compliance, governance, and auditing capabilities across the company.
  • As a unified system with actionable analytics, Workday Human Capital Management (HCM) and Financial Management give Guggenheim:
    • Financial insight into its workforce, the work performed, and the cost and value of that work.
    • Analytics to support decisions about the hiring, deployment, and cost of talent.
  • Workday's SaaS-based infrastructure provides Guggenheim with:
    • A modern object-oriented technology foundation that will serve the firm's current and future business needs without the need for software customizations.
    • New innovation in updates that Workday delivers to all customers three times a year, which frees the firm from the upgrades-and-maintenance cycle required of onsite software.

"Guggenheim Partners is an impressive firm on a brilliant growth streak," said Dave Duffield, Workday co-CEO and co-founder. "We are delighted Guggenheim recognized Workday as the provider that will best support its continued expansion, and is already seeing the benefits of that decision."

About Workday
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 280 customers, spanning medium-sized organizations to Fortune 50 businesses, have selected Workday. Visit us at www.workday.com.

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.

© 2012. 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.


Workday is a leading provider of enterprise cloud applications for human resources and finance. Founded in 2005 by PeopleSoft veterans Dave Duffield and Aneel Bhusri, 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.

Product Preview: Manager User Experience
Workday Blogs: Latest Blog Post
Datasheet: About Workday
Whitepaper: User Experience
Customer Testimonial: Flextronics
Video: YouTube Video Wall
Workday Financial Management

Workday Financial Management is a comprehensive, unified accounting and finance application, built on a global core to help you manage your financial processes around the world easily and efficiently. With unique capabilities including business-event driven reporting and analytics, robust security, and a fully auditable business process framework, Workday can provide your organization with unprecedented controls and insight into the performance of your business.

Workday Human Resource (HR), Financial Management and Payroll Software

Workday Human Capital Management is a modern, intuitive and unified human resources and talent management application built on a global core and designed to adapt with businesses as their needs and requirements evolve.

Payroll Software

Delivered in the cloud, Workday payroll solutions offer your organization choice, flexibility and control to efficiently and accurately pay your entire workforce, no matter where they may be located.

Product Preview: Payroll
Datasheet: Payroll
Workday Expenses is unified with Workday’s market-leading HR and Financial Management solutions, creating the optimal expense solution for today’s people-driven enterprise.

Workday leads enterprise application innovation with its new, consumer-friendly time and attendance application, Workday Time Tracking. With Workday Time Tracking, organizations will now be able to reduce labor costs, minimize compliance risks, and increase worker productivity. .

Datasheet: Time Tracking
Product Preview: Time Tracking
Video: Time Tracking
Workday Expenses is unified with Workday’s market-leading HR and Financial Management solutions, creating the optimal expense solution for today’s people-driven enterprise.

Workday Expenses is unified with Workday’s market-leading HR and Financial Management applications, creating the optimal expense solution for today’s people-driven enterprise.

Datasheet: Expenses
Product Preview: Expenses
Whitepaper: User Experience

Workday Procurement is designed to support the unique requirements for the acquisition of goods, services, and contingent labor for your organization—from the requisition process all the way through to payment.