Companies Also to Explore Mutual Service
Offering to Provide Businesses Around the World With Greater Access
to Talent Management Tools
PLEASANTON, Calif., April 11,
2024 /PRNewswire/ -- Workday, Inc. (NASDAQ:
WDAY), a leading provider of solutions to help organizations manage
their people and money, today announced that Randstad (AMS: RAND),
the world's leading talent company, will extend its existing
Workday agreement to roll out Workday Financial Management and
Workday Human Capital Management (HCM) across its 39 markets. The
companies also intend to develop mutual implementation
capabilities to enable greater access to talent management tools,
helping more customers navigate an increasingly complex talent
market.
"We look forward to expanding our partnership with Randstad to
not only support its transformation goals through the Workday
platform, but also to join forces on a potential service offering
for our joint customers," said Carl
Eschenbach, chief executive officer, Workday. "The
combination of Workday's platform and Randstad's global talent
expertise will empower our customers to unlock the potential of
their talent so they can navigate rapid change and thrive."
Randstad, which first selected Workday HCM in 2015, will now
deploy the Workday platform with AI at its core to transform and
streamline Randstad's HR and finance system, in support of its
ambition to be the most equitable and specialized talent company.
Randstad will roll out Workday Financial Management and Workday HCM
across its 39 markets and two global businesses to bring
efficiencies and scale.
In addition to Randstad's managed service provider (MSP)
business segment being certified as a Platinum Workday MSP partner,
Randstad and Workday will also explore potential future
collaboration opportunities – combining their strengths to add
additional human resources implementation capabilities and solve
more of their customers' talent challenges.
"This extension of our partnership with Workday – both through
our platform deployment and upcoming collaboration – will
marry the best of Randstad's talent capabilities with Workday's
best in class technology solutions. In a world of work where talent
and skill scarcity are prevalent, we are excited to partner with
Workday to identify new ways to help clients solve the challenges
they are facing. Through this selection, Randstad can also drive
efficiencies and scale across our ecosystem, which is a key pillar
of our new partner for talent strategy," said Sander van 't Noordende, chief executive
officer, Randstad.
About Workday
Workday is a leading enterprise platform that helps
organizations manage their most important assets – their people and
money. The Workday platform is built with AI at the core to help
customers elevate people, supercharge work, and move their business
forever forward. Workday is used by more than 10,000 organizations
around the world and across industries – from medium-sized
businesses to more than 50% of the Fortune 500. For more
information about Workday, visit workday.com.
About Randstad
Randstad is a global talent leader with the vision to be the
world's most equitable and specialized talent company. As a partner
for talent and through our four specializations - Operational,
Professional, Digital and Enterprise - we provide clients with the
high-quality, diverse and agile workforces that they need to
succeed in a talent scarce world. We help people secure meaningful
roles, develop relevant skills and find purpose and belonging in
their workplace. Through the value we create, we are committed to a
better and more sustainable future for all.
Headquartered in the
Netherlands, Randstad operates in 39 markets and has
approximately 40,000 employees. In 2023, we supported 2 million
talent to find work and generated a revenue of €25.4 billion.
Randstad N.V. is listed on the Euronext Amsterdam. For more
information, see www.randstad.com.
Forward-Looking Statements
This press release contains forward-looking statements
including, among other things, statements regarding Workday's
plans, beliefs, and expectations. These forward-looking statements
are based only on currently available information and our current
beliefs, expectations, and assumptions. Because forward-looking
statements relate to the future, they are subject to inherent
risks, uncertainties, assumptions, and changes in circumstances
that are difficult to predict and many of which are outside of our
control. If the risks materialize, assumptions prove incorrect, or
we experience unexpected changes in circumstances, actual results
could differ materially from the results implied by these
forward-looking statements, and therefore you should not rely on
any forward-looking statements. Risks include, but are not limited
to, risks described in our filings with the Securities and Exchange
Commission ("SEC"), including our most recent report on Form 10-Q
or Form 10-K and other reports that we have filed and will 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, except as required by law.
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 services should make their
purchase decisions based upon services, features, and functions
that are currently available.
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SOURCE Workday Inc.