IT Brief Australia - Technology news for CIOs & IT decision-makers
Story image
Workday named one of the world's most ethical companies
Mon, 5th Jun 2023

Workday reaches 10,000 customers globally and is named one of The World's Most Ethical Companies® by Ethisphere Institute.

The expert in cloud applications for finance and human resources won this award for the third consecutive year. In a successful 2023, its Adaptive Planning also won the 2023 Gartner® Peer Insights™ Customers' Choice for Financial Planning Software.

At Workday Elevate in Melbourne, Paul Henaghan, President of Asia Pacific and Japan, Workday, says: "This significant customer milestone represents years of building empathetic relationships with our customers and truly listening to them, then delivering the innovations they need to take on an ever-changing world."

The Elevate event is designed for customers and prospects to hear from thought leaders and learn how they can help their organisations navigate uncertainty and keep employees engaged. 

Workday customers, such as Elders, Macquarie University, Nando's, and The Salvation Army, participated in Elevate and discussed how Workday Enterprise Management Cloud is helping their businesses explore new horizons, the event's theme.

The agenda also featured a keynote from former Australian Prime Minister Julia Gillard and a C-Suite fireside chat with Kate Koch, Kathleen McCudden & Lisa Tobin from the Seek Executive Leadership Team.

Commenting on Elders' business transformation project with Workday, Olivia Richardson, Chief People Officer, says: "Following our Workday Go Live earlier this year, we now have more than 2,000 Elders employees across Australia, and many in rural areas, now live on Workday HCM." 

"Our aim was to put a highly intuitive, self-service career tool into the hands of our employees, so they can take charge of their careers."

"At the same time, Workday has also helped us to standardise and automate our business processes and enhance decision-making due to accurate and real-time data availability."

"We can now be sure our business decisions are both strategic and supported by clear insights," says Richardson.

Workday platform uses artificial intelligence (AI) and machine learning (ML) at its core to help its 10,000 customers adapt and thrive in the future of work. 

The platform-first approach allows Workday to deliver new ML capabilities into applications rapidly. Workday says the ML gets better the more you use it, and by having millions of users constantly using dozens of applications on the same platform, it improves at a faster rate.

Henaghan comments: "With AI and ML embedded into the very core of our platform, it enables a true intelligent digital backbone for our customers to manage their two most important assets; their people and their money."

Workday's unified data core manages customer data, with over 60 million users representing more than 600 billion transactions a year. 

In addition, Workday uses a tenanted model to structure data, allowing it to build tailored models for customers in a specific region or industry through federated learning while maintaining the necessary privacy and regulatory rules.

Specifically, Workday's award-winning Adaptive Planning is a unified, cloud-based planning platform enabling organisations to gain visibility into real-time analytics and streamline complex reporting. It also automates core processes with embedded artificial intelligence and machine learning.

In conjunction with Workday's achievements, an additional 135 organisations were recognised by the Ethisphere Institute for their unwavering commitment to business integrity. Over 50 Workday customers and partners, including Accenture, Mastercard, Sony, Western Union, and Salesforce, were amongst those organisations.