Deeper Partnership Will Help Customers
Navigate Increasing Payroll and HR Complexities in the Changing
World of Work
SAN
FRANCISCO, Sept. 28, 2023 /PRNewswire/
-- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud
applications for finance and human resources, and ADP
(NASDAQ: ADP), a global technology company providing human capital
management (HCM) solutions, today announced an extended partnership
to provide an enhanced frictionless global payroll, compliance, and
HR experience for joint customers.
Announced at Workday's annual customer conference, Workday
Rising, the extended partnership builds on a decade-long
relationship between the two companies and aims to enable a more
streamlined experience for payroll administrators, and a better
experience for joint customers overall.
The companies will partner to create more seamless interactions
between Workday and ADP systems to enable deeper customer
visibility into data across their HCM environment including
compliance, tax, and payroll.
"We are laser focused on providing smart, easy, and powerful
solutions that help our clients confidently achieve their goals,
and enhanced integrations provide the personalization we know they
desire," said Maria Black, President
and CEO, ADP. "This deeper partnership with Workday builds on our
longstanding relationship to provide a technology-first experience
across our shared clients' entire HCM suite."
According to a recent ADP Potential of Payroll study, the issue
of navigating disjointed HR and payroll systems is of increasing
concern for companies, with 94% of global organizations agreeing
that they would like to see integration across all of their
systems, while survey respondents estimated they spent an average
of 22 hours per week, per country, managing the data flow between
these systems.
"This expanded partnership with ADP is an exciting next step in
a journey spanning over ten years of jointly servicing one million
employees and thousands of customers," said Carl Eschenbach, co-CEO, Workday. "By deepening
the partnership between our two companies, we are better equipped
to expand our global reach and serve our joint customers'
ever-evolving needs."
The expanded partnership with ADP coincides with a series of
announcements at Workday Rising highlighting increased customer
value across Workday's expanding partner ecosystem.
About Workday
Workday is a leading provider of enterprise cloud applications
for finance and human resources, helping customers adapt and thrive
in a changing world. Workday applications for financial management,
human resources, planning, spend management, and analytics are
built with artificial intelligence and machine learning at the core
to help organizations around the world embrace the future of work.
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.
© 2023 Workday, Inc. All rights reserved. Workday and the
Workday logo are registered trademarks of Workday, Inc. All other
brand and product names are trademarks or registered trademarks of
their respective holders.
About ADP (NASDAQ: ADP)
Designing better ways to work through cutting-edge products,
premium services and exceptional experiences that enable people to
reach their full potential. HR, Talent, Time Management, Benefits
and Payroll. Informed by data and designed for people. Learn more
at ADP.com.
ADP, the ADP logo, Always Designing for People, and ADP Research
Institute are trademarks of ADP, Inc.
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 Form 10-Q for the fiscal quarter
ended July 31, 2023, and other
reports that we have 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.
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.