Workday Acquires VNDLY: Enabling an Integrated Platform-Driven Approach for Total Talent Management (TTM)
Breaking Viewpoint
1 Dec 2021
by
Krishna Charan, Vignesh Kannan, Rhea Nijhawan
Workday has emerged as a leading enterprise management system, along with SAP and Oracle, by disrupting the Human Capital Management (HCM) space and adding finance, planning, and procurement capabilities to its portfolio. Over the last eight years, Workday has completed 17 acquisitions in various talent management areas, including employee engagement, learning, payroll, recruitment, and talent management.
On November 18, 2021, Workday entered into a definitive agreement to acquire VNDLY, a cloud-based external workforce and vendor management technology provider, for US$510 million. The acquisition is expected to close in the first quarter of 2022. With VNDLY’s acquisition, Workday will be able to provide organizations with a unified talent management solution to help them manage all types of workers – permanent and contingent, including internal and external salaried, hourly, and outsourced workers.
Scope:
Industries: Human Resource Outsourcing (HRO) and Contingent Workforce Management (CWM)
Geography: global
Contents:
In this viewpoint, we::
Outline the synergies between Workday and VNDLY
Understand the acquisition’s implications on the market
On February 26, Everest Group hosted a 60-minute webinar titled, “The 5 Most Important Global Services Trends For 2019.”
The global sourcing market seems to be increasingly dynamic these days, driven in no small part by the development of disruptiv…
