Workday Human Capital Management to Optimise Human Resource Utilisation and Management
SINGAPORE - Media OutReach - 12
September 2019 - Sumitomo Chemical has selected Workday Human Capital Management (HCM) to
help achieve key human resource (HR) elements enshrined in its new corporate
management plan. Sumitomo Chemical will deploy the cloud-based Human Capital
Management (HCM) application to drive business growth and innovation across all its operations in Asia, including Singapore
and Hong Kong, with over 10,200 workforce.
With HR positioned as a pillar of Sumitomo Chemical's management assets,
the company is now focused on enhancing its HR utilisation and management. Of
the six basic policies laid out in the company's corporate management plan, two
feature HR philosophies:
- Employ, develop, and
leverage HR for sustainable growth
- Improve productivity
through digital innovation
Previously, the company's
employee data, training records, and other information were managed on multiple
different systems. With Workday HCM, Sumitomo Chemical will unify a wide range
of the company's HR functions in one single system, providing more efficient
management of HR processes including training, talent management, and workforce
planning. This transformation will advance the company's digitalization efforts
with major reductions in paper usage and further streamline personnel-related
processes. Additionally, because of the easy-to-use interface and
configurability of Workday HCM, Sumitomo Chemical will be able to more quickly
access and analyze employee-related information to formulate business
strategies.
Hiroshi Niinuma, Senior Managing Executive
Officer of Sumitomo Chemical's Human Resources Department, said: "Deploying
Workday HCM will make it easier for us to utilize our human resource
information and enable us to carry out more appropriate talent placement. We expect
that this will enable our employees to better employ their abilities and
skills, thereby helping to drive business growth and innovation. By reinforcing
an environment where employees are engaged and motivated, our HR philosophy of,
'Employee Training and Growth' will further be enhanced."
Rob Wells, President
of Asia at Workday, said: "We are delighted to partner with Sumitomo in
enabling its digitalization and innovation efforts in its transformation
journey. We look forward to working closely with the team to strengthen its HR infrastructure
and unlock the full potential of its employees."
About Workday
Workday is a leading provider of
enterprise cloud applications for finance and human resources. Founded in 2005,
Workday delivers financial management, human capital management, planning, and
analytics applications designed for the world's largest companies, educational
institutions, and government agencies. Organizations ranging from medium-sized
businesses to Fortune 50 enterprises have selected Workday.
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