Workday has announced that multinational human resource consulting firm, Randstad, is extending its existing Workday agreement to roll out Workday Financial Management and Workday HCM across its 39 markets.
With its four specializations – operational, professional, digital and enterprise – Randstad aims to help people secure meaningful roles, develop relevant skills and find purpose and belonging in their workplace for a more sustainable future.
Randstad, which has been leaning on Workday HCM since 2015, will now deploy the Workday platform with AI at its core to transform and streamline Randstad’s HR and finance system, supporting its goal of leading an equitable and specialized talent company.
Carl Eschenbach, chief executive officer of Workday, expressed the company’s enthusiasm for expanding the 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,” he said.
“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.”
Working to help more customers navigate the increasingly complex talent market, the duo is also planning to develop mutual implementation capabilities to enable greater access to talent management tools.
In addition to rolling out Workday Financial Management and Workday HCM across its 39 markets and two global businesses to bring efficiencies and scale, Randstad and Workday will also explore potential future collaboration opportunities – combining their efforts to add additional HR implementation capabilities and solve more of their customers’ talent challenges.
“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,” said Sander van ‘t Noordende, CEO of Randstad.
“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.”
Workday first announced its Randstad collaboration during its fiscal 2024 fourth quarter and full-year results in February, where the company’s wins were boosted by an increasing number of leaders turning to the company to manage their people and money.