Critical.
Authoritative.
Strategic.
Subscribe to CIO Magazine »

Thomson Reuters moves payroll, HR data to the cloud

Information and financial services giant Thomson Reuters has more than 55,000 employees spread over 100 countries.

While the company recently considered upgrading its existing HR system to accommodate change and growth, it eventually opted instead to use Workday's software-as-a-service (SaaS) offerings for human capital management and payroll.

TIPS: How to become SaaS savvy

Workday last week updated its SaaS platform with the release of Workday 14, which features embedded intelligence designed to provide contextual information for business processes. In other words, in-memory data management allows managers to view relevant information all in one place instead of hunting around for contextual data.

For example, if a manager were conducting a performance review using Workday 14, he or she would be able to view the employee's previous performance reviews, current compensation, compensation history and compensation relative to peers all on a single screen.

Workday, based in Pleasanton, Calif., also recently unveiled an iPad app optimized for C-level executives that is integrated into Workday 14.

The new version of Workday includes increased financial management functionality for large, complex multinational corporations such as Thomson Reuters, as well as features geared toward the public sector and higher education.

Among the features in Workday 14 for higher education are union management and membership tracking, custom reporting for Integrated Postsecondary Education Data System requirements and position budget checking.

In a statement announcing Workday 14, company CTO Stan Swete said, "Business users can quickly and easily build and embed custom charts, graphs and tables directly into their business processes without requiring the assistance of IT or having to know Java, SQL or understand all the traditional BI jargon."

Workday has more than 200 clients, including Brown University, McKee Foods, Salesforce.com and The Carlyle Group.

Read more about infrastructure management in Network World's Infrastructure Management section.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

More about: Apple, Carlyle Group, IPS, Reuters, Salesforce.com, Thomson
References show all

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Users posting comments agree to the CIO comments policy.
Login or register to link comments to your user profile, or you may also post a comment without being logged in.
Related Coverage
Related Whitepapers
Latest Stories
Community Comments
Tags: cloud computing, internet, Thomson Reuters
Latest Blog Posts
Whitepapers
  • Case Study: Svenska Kraftnät safeguards web and ensures communication security with Clearswift
    Energy producers from surrounding countries load power onto the Swedish National Grid’s network, with energy suppliers then paying the Swedish National Grid to load onto their grids for them to sell-on to customers. Using Clearswift’s Email Appliance, and MIMEsweeper for SMTP means that the organisation has safe and resilient email helping them to meet their goal of providing a safe, robust, cost-effective and environmentally sound energy transmission system.
    Learn more »
  • Top Reasons to Implement an SOA Governance Strategy: A List for IT Executives
    Service-oriented architecture (SOA) has moved beyond hype to widespread acceptance as an IT strategy for delivering business value. SOA promotes the notion of modularity, providing overwhelming flexibility and superior economics for addressing business demands. However, undertaking the transformation to SOA is not without its challenges. If left unchecked, your inventory of SOA assets will become unmanageable; the reuse of services will diminish in favor of custom development; or even worse, modifications will be made to your existing services that break other business processes. The purpose of SOA governance is to help you ensure that this does not happen. This paper outlines the most compelling reasons for you to establish SOA governance within your organization.
    Learn more »
  • Business Intelligence Best Practices for Dashboard Design
    Even if a dashboard’s appearance looks professional and is aesthetically pleasing, appearances can be deceiving. Although visual design is important, it is also important to ask yourself: Is the data reliable? Is it timely? Is any data missing? Is it consistent across all dashboards?. This paper offers an overview of best practice business intelligence (BI) dashboard design principles and discusses data integration options for getting data into a dashboard.
    Learn more »
All whitepapers
rhs_login_lockGet exclusive access to Invitation only events CIO, reports & analysis.
Recent comments