Workday drives organisational agility and growth for APAC’s retail industry

Workday’s annual recurring revenue (ARR) from the retail and hospitality sector the organisation supports has exceeded US$1 billion, signalling continued momentum and strong adoption of its solutions within the industry.

Global retail leaders including Aesop, Charles & Keith, Kolmar Korea Holdings, Mondelez, MUSINSA, Puma SE, MGM China, and Osotspa Thailand are leveraging Workday’s offerings to gain real-time visibility into financial, workforce, and operational data across their organisations’ various departments. This achievement underscores the increasing adoption of Workday Financial Management and Workday Human Capital Management (HCM) solutions among organisations seeking to drive profitability, attract and retain talent, and facilitate continuous planning for business growth.

Dietmar Knoess, Vice-President People and Organisation at Puma, said, “Workday makes life easier for our employees and managers, and supports us in our pursuit of ever-better performance, true to our motto Forever Faster.”

In response to industry challenges, Workday is focusing on enhancing the frontline employee experience. Addressing concerns such as limited visibility into operations and difficulty in retaining talent, Workday offers a unified workforce management system with features like Workday Time Tracking, Absence Management, and Talent Optimisation.

Pannie Sia, General Manager, Workday, ASEAN, emphasised the organisation’s commitment to empowering retail and hospitality organisations with real-time insights and agility, and continued, “With Workday AI, we are helping global retail and hospitality organisations to break down silos and gain the insights to support the business demands of today while empowering them to adapt to market shifts and evolving customer expectations.”

READ MORE: Workday expands HR tech portfolio with acquisition of HiredScore

To expedite digital finance transformation efforts, Workday is also partnering with Accenture to develop tailored finance solutions. These solutions offer pre-packaged integrations, configurations, and reports to optimise the integration of Workday Financial Management with other inventory solutions, providing enhanced insights for finance and store operations teams.