DigitalCFO Newsroom | 13 July 2022
Workday to support LingoAce in its worldwide expansion plan.
Workday, a global leader in enterprise cloud applications for finance and human resources, today announced a new partnership with global education technology company, LingoAce, to support its growing worldwide expansion from its Singapore headquarters. By unifying and streamlining its business operations, LingoAce aims to build greater business agility as it continues to grow globally to meet rapidly-changing market needs.
Founded in 2017, LingoAce is on a mission to make virtual learning more effective for today’s learners. The company’s industry-leading Chinese language learning platform for children aged 3-15, supports beginners and advanced learners in more than 100 countries and regions. Earlier this year, the company launched a new English language learning platform for learners in Europe and Southeast Asia. Driving this innovation is a growing team of more than 1,700 employees, 4,500 certified teachers, and offices in the U.S. Southeast Asia, and China.
Through the deployment of Workday’s suite of enterprise cloud applications for financial and human capital management, LingoAce will be able to standardise six applications across its global offices into one system. With a complete picture of all its applications and processes on a single, unified platform, LingoAce will strive to streamline workflows and increase efficiency across the various functions in the organisation, from finance reporting to talent optimisation. LingoAce will also be able to leverage real-time actionable data and insights to make smarter, faster decisions that deliver real business value. Through a greater understanding of its workforce needs and gaps, LingoAce will be able to elevate the employee experience and better cultivate a high-performing workforce where employees are equipped to navigate a changing world.
With Workday’s enterprise cloud applications, organisations gain the power to adapt swiftly based on their evolving needs in today’s dynamic cloud-first world. Designed for greater agility and powered by the latest innovations, Workday supports fast-growing organisations such as LingoAce in their digital transformation journey, enabling continuous planning and recalibration as they look to scale and future-proof their business.
Hugh Yao, Founder and CEO, LingoAce said: “Being an edtech company, technology plays an integral part in our product and business operations. As we continue to expand globally, deploying a robust tech infrastructure to support the key areas of our business, including people and finance, will be important to our continued success. With Workday, we’ll be able to streamline our internal workflows and processes, enabling greater operational agility as we set our sights on long-term sustainable growth.”
Sandeep Sharma, President of Asia, Workday said: “We are excited to be supporting LingoAce with innovative finance and human capital management capabilities as it looks to accelerate its growth and drive agility in a changing world. In the post-pandemic digital era, technology remains a key imperative for success, and forward-looking organisations need to ride the digital disruption wave to stay ahead of the competition. With the right technology in place to leverage data-driven finance and HR insights, LingoAce will be able to plan for long-term growth.”
