Human resource management Software-as-a-Service (SaaS) provider Workday has been chosen by Sanofi, the sixth largest pharmaceutical company in the world, to provide its HR management systems.
The transition to Workday’s Human Capital Management (HCM) cloud offering will, the organisations claimed, consolidate several on-premise systems scattered across its operations in over 100 countries into a single, unified SaaS application.
The company said the decision to move its HR systems to the cloud followed a change in strategy to focus its efforts on R&D, market diversification and new areas of investment.
In order to do this successfully, the company said it must ensure “the entire organisation was properly aligned and focused against these objectives,” and that called for a more unified approach to HR.
Sanofi plumped for Workday HCM having carried out an internal review and deciding it was flexible and simple enough for its needs.
Furthermore, the Talent Management aspect of the application gives managers greater visibility into the strengths and weaknesses of their employees, providing them with detailed information on and access to a wider pool of potential candidates for new roles as the company grows, it said.
Finally, Sanofi expects to integrate new global processes to reduce the time and effort spent by HR on administrative tasks, take advantage of analytics for more informed and strategic decision-making in this area, and empower managers and employees with greater self-service capabilities.
Aneel Bhusri, co-founder and co-CEO of Workday, said: “Sanofi is a world leader in the healthcare industry with an ambitious plan to transform the company for future growth.
“With Workday, Sanofi will gain a global, unified application that will provide deep visibility into its workforce and greater business insights to support its growth plans and commitment to deliver needed healthcare to millions of people around the world.”
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