BlaBlaCar Set to Go Far with Workday Financial Management
(Thomson Reuters ONE) -
Leading Ridesharing Service Deploys Scalable Finance Foundation as it Prepares
for Rapid Growth
PARIS, FRANCE--(Marketwired - Oct 19, 2016) - Workday, Inc. (NYSE: WDAY), a
leader in enterprise cloud applications for finance and human resources, today
announced that BlaBlaCar, the world's leading long distance ridesharing service,
has gone live with Workday Financial Management, on time and on budget. With
Workday Financial Management, BlaBlaCar will be able to improve the efficiency
of financial processes and visibility into financial performance as it continues
to disrupt how to connect people with drivers.
BlaBlaCar, a rapidly expanding company that is helping to create the new
ridesharing industry, has more than 35 million members and operates in 22
countries, required a single, cloud-based finance application that would improve
the efficiency of its back office processes, and consolidate financial data into
one system.
The deployment took just three months, enabling the company to see the immediate
benefits of Workday including:
* Access to real-time finance data, on any mobile device, empowering business
leaders and managers to make more informed and timely decisions during a
period of fast growth.
* A reduction in manual, time-consuming processes such as extracting and
reconciling data from multiple systems, enabling the company to redirect
resources to more value-add work.
* Workday's flexible architecture and simple configuration, enabling the
company to quickly set up new entities, and meet local and regional
regulatory requirements as well as market demands.
Comments on the News
"As an innovative organisation expanding rapidly into new markets, having a
standard set of financial processes across many regions and the ability to add
new entities quickly is absolutely crucial," said Sébastien Preel, vice
president Finance, BlaBlaCar. "With Workday, we have a single source of
financial data that key stakeholders can access in real time, enabling them to
make critical, in-the-moment decisions regarding our organisation's future."
"For modern organisations such as BlaBlaCar, the ability to move faster and with
more flexibility is a key competitive advantage, and technology is a crucial
component in achieving this," said Chano Fernandez, president, EMEA & APJ,
Workday. "With Workday, customers can transform financial processes, replacing
multiple, disjointed solutions with a single, cloud-based system. This improves
the efficiency of key financial tasks while also delivering compliance and
control that helps drive better decisions and business partnership across the
organisation."
About Workday
Workday is a leading provider of enterprise cloud applications for finance and
human resources. Founded in 2005, Workday delivers human capital management,
financial management, and analytics applications designed for the world's
largest companies, educational institutions, and government agencies More than
1,000 organizations, ranging from medium-sized businesses to Fortune 50
enterprises, have selected Workday.
Forward-Looking Statements
This press release contains forward-looking statements including, among other
things, statements regarding the expected performance and benefits of Workday's
offerings. The words "believe," "may," "will," "plan," "expect," and similar
expressions are intended to identify forward-looking statements. These forward-
looking statements are subject to risks, uncertainties, and assumptions. If the
risks materialize or assumptions prove incorrect, actual results could differ
materially from the results implied by these forward-looking statements. Risks
include, but are not limited to, risks described in our filings with the
Securities and Exchange Commission (SEC), including our Form 10-Q for the
quarter ended July 31, 2016 and our future reports that we may 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.
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.
© 2016. Workday, Inc. All rights reserved. Workday and the Workday logo are
registered trademarks of Workday, Inc.
Media contact
Lisa Stassoulli
Workday
+44 (0) 7568 377476
lisa.stassoulli(at)workday.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Workday Inc. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 19.10.2016 - 10:00 Uhr
Sprache: Deutsch
News-ID 501372
Anzahl Zeichen: 5700
contact information:
Town:
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Kategorie:
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