# HEFCE selects Workday for financials and HR
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2017-08-02
Category: FINANCE
Category URL: https://financedigest.com/category/finance
Meta Title: HEFCE selects Workday for Finance and HR Transformation
Meta Description: HEFCE chooses Workday Financial Management and Workday HCM to streamline HR and finance processes. First UK government organisation to select Workday post
Tags: featured
Tag URLs: featured (https://financedigest.com/tag/featured)
URL: https://financedigest.com/hefce-selects-workday-for-financials-and-hrhtml

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_Workday announces G-Cloud accreditation_

HEFCE, the Higher Education Funding Council for England, today announced that it has selected Workday Financial Management and Workday Human Capital Management (HCM) to help consolidate and streamline HR and finance processes for the organisation. HEFCE is the first UK government organisation to select Workday following the company’s recent accreditation on the UK Government’s G-Cloud initiative.

Headquartered in Bristol, UK, HEFCE [funds and regulates](https://www.financedigest.com/cash-crunch-for-british-funds-puts-regulators-under-pensions-lens.html "Cash crunch for British funds puts regulators under pensions lens") universities and colleges in England. It invests on behalf of students and the public to promote excellence and [innovation in research](https://www.financedigest.com/stretch-marks-treatment-market-insights-new-innovations-research-and-growth-factor-till-2025.html "Stretch Marks Treatment Market Insights, New Innovations, Research and Growth Factor till 2025"), teaching, and knowledge exchange.

HEFCE was looking for a single cloud-based system for finance and HR.  This was primarily [due to the integration constraints with existing systems](https://www.financedigest.com/version-control-systems-market-gain-impetus-due-to-the-growing-demand-over-2017-2026.html "Version Control Systems Market Gain Impetus due to the Growing Demand over 2017 – 2026"). Following a rigorous tender process, HEFCE selected Workday based on a number of [key factors](https://www.financedigest.com/helping-lenders-address-climate-risk-six-key-factors-to-consider.html " Helping lenders address climate risk: Six key factors to consider") including:

- Multi-tenanted cloud-based system with a single code line across the platform
- The combination of [impressive reporting](https://www.financedigest.com/textile-leveling-agent-market-to-flourish-with-an-impressive-cagr-during-2021-2031-fact-mr-report.html "Textile Leveling Agent Market to Flourish with an Impressive CAGR during 2021-2031: Fact.MR Report") capabilities with a powerful, easy-to-use interface
- Flexibility of the system to [meet the changing needs of the organisation and support](https://www.financedigest.com/meeting-of-minds-using-technology-to-reimagine-mental-health-support.html "Meeting of minds: Using technology to reimagine mental health support") transformation
- Ability to [meet all security and data](https://www.financedigest.com/financial-services-and-data-how-do-we-meet-the-challenge.html "Financial services and data – how do we meet the challenge?") protection requirements

The deployment will be undertaken by Workday partner, Kainos.

**Comments from Workday and HEFCE on the news:**

“Given the constraints we faced with our legacy systems and the need to [put](https://www.financedigest.com/covid-19-putting-a-spotlight-on-mea-payment-systems.html "COVID-19: Putting a spotlight on MEA payment systems") in place a flexible system to support our transition from HEFCE to the Office for Students in April 2018, moving to Workday was a natural choice”, commented Alison Jarvis, head of finance, HEFCE. “With Workday, we have a system of record across our [finance and HR functions that supports our needs now and in the future](https://www.financedigest.com/sustainable-finance-the-wave-of-the-future.html "Sustainable Finance: The Wave of the Future"), and a system that provides a single source of truth rather than single systems that cannot integrate. We look forward to working with the company and Kainos on this exciting project.”

**“Regardless of the sector you are in or how many employees an organisation may have, having real-time access to reliable finance an HR [data to drive](https://www.financedigest.com/crowdsourcing-of-data-to-drive-the-renal-anemia-treatment-market.html "Crowdsourcing of data to drive the Renal Anemia Treatment Market") more informed decision making is a goal everyone is striving for today,” said Carolyn Horne, regional vice president UK & Ireland, Workday. “Welcoming HEFCE to the Workday community is an [important step](https://www.financedigest.com/eu-u-s-step-up-russian-aluminium-nickel-imports-since-ukraine-war.html "EU, U.S. step up Russian aluminium, nickel imports since Ukraine war") following our recent G-Cloud accreditation and we look forward to expanding our government efforts in the UK.”**


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