Nation's No. 1 Financial Services Company for Education Moves Financials and HR to the Cloud
PLEASANTON, CA – January 24, 2012 – Workday Inc. today announced that Sallie Mae (NASDAQ: SLM), the nation's leading provider of education financing, has selected Workday Financial Management after a successful deployment of Workday Human Capital Management (HCM). Workday is the leader in SaaS-based enterprise solutions for global human resources (HR), payroll, and financial management.
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"We needed a system that provided standardization and a platform where management could get real-time information across the organization," said Patrick Ryan, vice president of financial systems at Sallie Mae. "We looked at the SaaS marketplace and evaluated providers using a quantitative scorecard, and Workday clearly separated itself from the pack. Workday’s technology concept gives us the flexibility to produce real-time information that can have a major impact on management decision making. Through Workday, we will be able to drive people to one place—instead of having to create separate data repositories—to get the information managers need when they need it."
"When customers tell us that our solutions are going to help them make better business decisions, we know we’re succeeding at what we set out to do from the start at Workday," said Dave Duffield, Workday co-CEO and chief customer advocate. "We’re thrilled that Sallie Mae, a time-honored institution, plans to use our business management solutions to drive its business forward."
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 500 businesses, have selected Workday. Visit us at www.workday.com.
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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.
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 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.
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.
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. .
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.