Salesforce, which has more than 78,000 employees and hundreds of thousands of global customers, has expanded its use of Workday to support continued global growth.
The organisation has selected Workday Financial Management, Workday Accounting Center, Workday Adaptive Planning, and Workday Prism Analytics, building on its existing use of Workday Human Capital Management (HCM), Workday Recruiting, Workday Time Tracking, and Workday Payroll for the United States and Canada.
Technology from Salesforce, which saw revenue growth of 25% in its fiscal year 2022, helps companies digitally transform to grow their relationships with customers and employees and drive efficiency and collaboration.
As the company continues to expand globally and support its workforce, Salesforce is applying this same technology-driven approach with its own finance and ongoing HR transformation.
With Workday Enterprise Management Cloud, Salesforce will have finance, HR, and operational data in one adaptable system, providing greater insights, agility, and improved employee experiences.
This includes an intelligent data core combining finance and HR insights to help inform decision making; the ability to respond quickly to evolving market conditions and model multiple scenarios and adjust plans; and streamlining the procurement process with a real-time view into spend and suppliers.
Also included are the analytical foundation to ingest and transform high volumes of operational activity into journal entries; and continued insights into its workforce, including talent needs and management.
“We’ve seen first-hand the opportunity for cloud technologies in helping our customers drive better relationships with their customers,” said Faye Olson, Salesforce SVP of business technology, enterprise enablement. “We apply the same mindset to our own technology strategy – focusing on innovative solutions that create an agile foundation for us to adapt and grow.”
“Workday’s financial management and HR solutions offer a single system to create collaborative opportunities for our finance and HR organizations,” said Olson.
Doug Robinson, co-president of Workday, said Salesforce’s expanded use of Workday to include financial management underscores the power of a comprehensive digital backbone in navigating change and bringing finance and HR insights together to drive growth.