TripAdvisor Utilizes Workday for Financial Management in the Cloud

Mon Nov 5, 2012 8:32am EST

* Reuters is not responsible for the content in this press release.

  PLEASANTON, CA, Nov 05 (Marketwire) -- 
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 Management:


--  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
    insights.
--  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
    configurability.
--  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
    reports.
--  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."

    About Workday
 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 currently available.

    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. 

    

Media Contact Information
Eric Glass
Workday
(415) 432-3056
Eric.Glass@Workday.com 

Copyright 2012, Marketwire, All rights reserved.

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