Leading specialty retailer of apparel, footwear and accessories, Zumiez has chosen leader in enterprise cloud applications for finance and human resources, Workday to better anticipate and react to changing market conditions.
Zumiez has chosen Workday Financial Management, Workday Adaptive Planning and Workday Prism Analytics to help accelerate its digital finance transformation.
With its Enterprise Finance Solution, Workday empowers finance teams to deliver business insights and strategic planning across existing, multi-system environments with reduced disruption. The solution also provides customers with the flexibility to combine individual Workday products with existing financial systems or replace their entire financial software suite.
For large retail organisations relying on operational enterprise resource planning (ERP) systems for merchandising and manufacturing, the Workday Enterprise Finance solution brings this data into a finance system built for the cloud. The ability to plan, execute, and analyse with Workday gives retailers, such as Zumiez, a deeper understanding of their business.
With Workday, Zumiez aims to leverage a high-volume analytics platform that blends financial results with workforce and operational data; improve planning processes to drive faster, informed decisions, and streamline consolidation by integrating information from multiple systems.
As a retailer we must always prioritise speed in serving customers and quickly adapting to changing conditions, Zumiez chief financial officer, Chris Work said.
“Our success depends on our ability to successfully anticipate and respond to our customers’ needs. By adopting industry-leading technology through our partnership with Workday, our finance and accounting teams will be better equipped to provide the business with holistic insights and company-wide planning.”
Workday Financial Management general manager, Terrance Wampler said strategies to digitise finance are accelerating to keep pace with the significant changes we have seen over the past year.
“We continue to see retail leaders select Workday to help achieve top-line growth and operating efficiencies by centralizing finance and accounting in the cloud. Zumiez joins other leading retailers that are leveraging Workday’s innovative and flexible financial planning, analysis, and accounting technology to better anticipate and react to changing consumer needs.”