Workday brings new clients, revenue up 38%

Workday PayrollWorkday, a provider of enterprise cloud applications for finance and human resources, today shared the list of its customers.

These customers have made investment in Workday’s Financial Management and Human Capital Management (HCM).

Companies such as Acxiom, Best Western International, Caliber Collision,, Commerce Bank, Nationstar Mortgage Holdings, and Premier Healthcare Services are deploying Workday Financial Management to gain financial visibility, control, and insights.

3M, Cerner, The Charoen Pokphand Group (CP), ConAgra Foods, Inc., DS Smith, E.I. DuPont, Financial Times, Finnair, Hitachi, L.L. Bean, Memorial Hermann Health System, TomTom, and Warner Music Group are making deployments of Workday HCM.

With Workday HCM, organizations gain a modern technology foundation designed to streamline worldwide operations, support rapid international expansion, and deliver in-the-moment insights about their people.

Aneel Bhusri, co-founder and CEO of Workday, said: “While our momentum with organizations increases, the most significant proof points of our success are having more than 70 percent of customers live and a customer satisfaction rating over 95 percent.”

Meanwhile, Workday said revenues were $345.4 million (+38 percent) and subscription revenues were $280 million (+39 percent) for the fiscal first quarter ended April 30, 2016.

Workday posted operating loss of $73.6 million compared to an operating loss of $53.4 million.

“We are on track to deliver innovative new products — Workday Planning, Workday Learning, and Workday Student — later this year, which we believe will accelerate our momentum based on extremely positive customer feedback and interest,” said Aneel Bhusri.

Workday says its second quarter total revenues will be $371 to $373 million or growth of 31 percent to 32 percent as compared to the prior year.

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