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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.
