HEFCE Selects Workday for Financials and HR
- 01.08.2017 10:00 am
HEFCE, the Higher Education Funding Council for England, today announced that it has selected Workday Financial Management and Workday Human Capital Management (HCM) to help consolidate and streamline HR and finance processes for the organisation. HEFCE is the first UK government organisation to select Workday following the company’s recent accreditation on the UK Government’s G-Cloud initiative.
Headquartered in Bristol, UK, HEFCE funds and regulates universities and colleges in England. It invests on behalf of students and the public to promote excellence and innovation in research, teaching, and knowledge exchange.
HEFCE was looking for a single cloud-based system for finance and HR. This was primarily due to the integration constraints with existing systems. Following a rigorous tender process, HEFCE selected Workday based on a number of key factors including:
- Multi-tenanted cloud-based system with a single code line across the platform
- The combination of impressive reporting capabilities with a powerful, easy-to-use interface
- Flexibility of the system to meet the changing needs of the organisation and support transformation
- Ability to meet all security and data protection requirements
The deployment will be undertaken by Workday partner, Kainos.
Comments from Workday and HEFCE on the news:
“Given the constraints we faced with our legacy systems and the need to put in place a flexible system to support our transition from HEFCE to the Office for Students in April 2018, moving to Workday was a natural choice”, commented Alison Jarvis, head of finance, HEFCE. “With Workday, we have a system of record across our finance and HR functions that supports our needs now and in the future, and a system that provides a single source of truth rather than single systems that cannot integrate. We look forward to working with the company and Kainos on this exciting project.”
“Regardless of the sector you are in or how many employees an organisation may have, having real-time access to reliable finance an HR data to drive more informed decision making is a goal everyone is striving for today,” said Carolyn Horne, regional vice president UK & Ireland, Workday. “Welcoming HEFCE to the Workday community is an important step following our recent G-Cloud accreditation and we look forward to expanding our government efforts in the UK.”