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PRESS RELEASE

Home : Company : News : Press Release Archive : StoneRiver Goes Live on Workday in 38 Business Days

Media Contact

Andrew McCarthy
Workday
(925) 951-9137
andrew.mccarthy@workday.com

PLEASANTON, CALIF. – May 27, 2009 – Workday, Inc., the leader in enterprise-class SaaS-based Human Resources (HR) and Financial solutions, today announced that StoneRiver, a provider of software and processing solutions for the insurance industry, brought 2,000 employees live on Workday HR in just 38 business days. StoneRiver leveraged the Workday Solution Center, a new rapid deployment practice designed to help companies get up and running quickly.

What's New

• Workday Solution Center, announced today, leverages best practices in implementation methodologies and standard configurations to deliver customers the fastest possible time to value.
• StoneRiver was formed as a spin-off of financial services company, Fiserv.
• The new organization was given approximately 10 weeks to transition its 2,000 employees off the parent company’s solutions, and onto its own HR and business systems.
• With a fixed budget and a small internal IT staff, StoneRiver selected Workday for its on-demand delivery model, ability to deploy quickly and scale over time, and low cost of ownership. They also selected Workday as a trusted brand in HR.
• StoneRiver went live on Workday HR in just 38 business days. The company has subsequently gone live on Workday’s Worker Spend Management to support expenses.
• StoneRiver’s senior vice president of HR, Julia Hill-Nichols, speaks about the deployment in a Workday video interview.

Comments on the News
"StoneRiver needed a solution that could be deployed quickly and efficiently, but was agile enough to manage our unique business requirements now and in the future. Just as important to our selection was Workday’s track record and the company’s impressive HR heritage," said Hill-Nichols. "We are really proud of the speed and quality of our Workday deployment. There really isn’t another solution available that could meet our requirements. And on top of it all, StoneRiver is now running the most innovative HR solution on the market."

"A 38-day implementation for a core HR system of record is truly a remarkable achievement," said Dave Duffield, Workday CEO and chief customer advocate. "The speed of this project speaks to the talent and commitment of the team at StoneRiver, a solid set of deployment methodologies delivered by the Workday Solution Center, and Workday’s proven Software-as-a-Service model. Workday is focused on helping customers achieve the fastest possible time to value, and StoneRiver’s success is further validation that companies can count on Workday for the quick and predictable delivery of the industry’s most innovative HR software."

About Workday
Workday is the leader in SaaS-based enterprise solutions for global human resources and financial management, providing new levels of business agility for a fraction of the cost of buying, deploying and maintaining legacy on-premise systems. More than 100 customers, spanning mid-sized organizations to global Fortune 500 businesses, have selected Workday. Workday Human Capital Management and Workday Financial Management use modern, standards-based technologies to provide an unparalleled level of agility, ease-of-use, and integration capability. For more information about Workday, please visit www.workday.com.

© 2010. Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. Workday Enterprise Business Services, Workday Human Capital Management, Workday Business Management, Workday Financial Management, Workday Resource Management and Workday Revenue Management are all trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders.