DigitalCFO Newsroom | 22 March 2022
Workday, has been selected by luxury resort operator Soneva to digitally transform its finance operations and capabilities.
Workday, a global leader in enterprise cloud applications for finance and human resources, has been selected by luxury resort operator Soneva to digitally transform its finance operations and capabilities. The partnership with Workday will support Soneva in realising its business strategy and goals, as it looks to pivot digitally to tap growth opportunities and gain greater agility and efficiency in today’s cloud-first operating environment.
Soneva currently has four properties it operates across Thailand and the Maldives. With technology becoming an integral part of the way we travel, live, and work today, Soneva has plans to turn its finance operations to fully remote through leveraging the right technology tools and systems. Soneva will then be better prepared and well-positioned to stay ahead of changes in the evolving business and industry environment.
Through the deployment of Workday’s Financial Management, Soneva will fully transition its finance operations to the cloud, enabling the business to boost efficiency and make the right decisions with actionable insights to mitigate uncertainty amid a dynamic business landscape. With the power of intelligent automation and augmented analytics, Soneva can largely eradicate manual, tedious processes, and instead focus time and resources on strategic value-adding tasks such as data analysis and smarter, insight-driven business decisions.
Quentin Morice, Corporate Director of Finance, Soneva said: “We are pleased to partner with Workday in our finance digital transformation journey, as we strive to build a best-in-class finance function at one of the best luxury resort companies in the world. As travel steadily restarts and we continue to expand our operations and reach across the globe, we need a technology partner who can scale and grow with us. With Workday, we look forward to simplifying and automating our accounting and finance workflows, and harness real-time actionable insights that will empower the business and allow us to achieve sustainable growth in the long-term.”
Sandeep Sharma, President of Asia, Workday said: “At Workday, we strive to be at the forefront of innovations and technologies that help businesses such as Soneva, adapt and grow in the post-pandemic digital era. Amid the uncertainties of tomorrow, one thing is for certain – technology remains a key imperative for success, and forward-looking organisations need to ride on the digital disruption wave to stay relevant and accelerate their growth. We are delighted to be supporting Soneva in realising its finance digital transformation goals, as the brand positions itself for future growth and expansion globally.”