TripAdvisor Utilizes Workday for Financial Management in the Cloud
World's Largest Travel Website Manages Financial Operations of 30
Sites in 21 Languages With Workday's Financial Management
PLEASANTON, CA -- (Marketwire) -- 11/05/12 -- Workday, Inc. (NYSE:
WDAY), a leader in enterprise cloud applications for human resources
and finance, today announced that TripAdvisor(R), the world's largest
travel site, deployed Workday Financial Management. TripAdvisor has
leveraged the unified financial management applications to allow for
more visibility into operations, greater agility to respond to rapid
growth, and better insights and analysis to deliver more value back
to the business.
TripAdvisor serves 60 million unique monthly visitors with more than
75 million reviews and opinions from travelers around the world. With
its rapid pace of development and commitment to regularly improving
experiences for its customers, TripAdvisor needed a solution that
could match its dynamic company growth. Workday's modern financial
applications have given TripAdvisor the insights, speed, control, and
ease of use it needs to operate the world's largest travel website.
Benefits of Taking Finances to Cloud
With the launch of Workday
Financial Management and Workday Human Capital Management (HCM),
TripAdvisor now benefits from one global, unified system for HR and
finance. Further, since its launch of Workday Financial Management,
TripAdvisor already benefited from two of the three annual updates
that Workday delivers to all customers to provide the very latest
application and product innovations.
Additional benefits TripAdvisor gained with Workday Financial
-- Improved employee engagement and reduced training and support costs,
resulting from a more intuitive design and user interface that help
employees quickly learn the new system and easily access, manage, and
input financial information.
-- Faster access to reports and relevant business data with Workday's
real-time reporting and analytics that increase efficiencies around
business processes and provide executives with critical business
-- Flexible business process framework and an always on audit trail that
allows for the creation
of workflows and controls relevant and
necessary to the business.
-- Better ability to accommodate new business requirements and processes,
including M&A activity and re-organizations, without relying on IT
support and investment due to Workday's business-driven
-- Richer contextual insights into the details of the business through
business event data captured at the transactional level, creating the
ability to develop more robust financial, operational, and management
-- A unified platform with Workday HCM that offers greater visibility
into the total workforce, including insights into global headcount,
workforce costs, skills and experience, and overall performance.
Comments on the News
"We needed a best of breed system that could
deliver a great user experience and move as fast as we do," said
Julie Bradley, chief financial officer, TripAdvisor. "Workday has
helped us evolve from just reporting the numbers to being able to
analyze the numbers and bring value back to the business."
"TripAdvisor is a fast-moving organization that's not afraid to try
something new for its customers or its business, and we share that
philosophy at Workday," said Dave Duffield, co-founder and co-CEO,
Workday. "Seeing how Workday Financial Management has already added
significant value back to the business motivates our team to keep
advancing our applications so TripAdvisor can achieve even greater
success in the future."
Workday is a leading provider of enterprise cloud
applications for human resources and finance. Founded in 2005,
Workday delivers Human Capital Management and Financial Management
applications designed for the world's largest organizations. Hundreds
of companies, ranging from medium-sized businesses to Fortune 50
enterprises, have selected Workday.
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
Copyright 2012. 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.
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