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Home Technology

LingoAce deploys Workday cloud applications for finance and HR

FutureCFO Editors by FutureCFO Editors
July 14, 2022
PHOTO by rawpixel.com from Pexels

PHOTO by rawpixel.com from Pexels

Education technology company LingoAce has deployed Workday’s cloud applications for finance and human resources to support its worldwide expansion from its Singapore headquarters, Workday said recently.

Founded in 2017, LingoAce has a Chinese language learning platform for children aged 3-15 in more than 100 countries and regions. The edtech company has a growing team of more than 1,700 employees, 4,500 certified teachers, and offices in the US Southeast Asia, and China.

Earlier this year, LingoAce launched a new English language learning platform for learners in Europe and Southeast Asia. 

Through the deployment of Workday’s suite of enterprise cloud applications for finance and human capital management, the edtech firm will be able to standardise six applications across its global offices into one system, Workday noted. 

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, Workday added. 

In addition, the edtech firm will also be able to leverage real-time actionable data and insights to make smarter, faster decisions that deliver real business value, according to Workday. 

Through a greater understanding of its workforce needs and gaps, LingoAce will also be able to elevate the employee experience and better cultivate a high-performing workforce where employees are equipped to navigate a changing world, Workday pointed out. 

“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,” said Hugh Yao, Founder and CEO, LingoAce. “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.”

Related:  IFRS 17: South Korean insurer implements a computing platform for compliance
Tags: cloudfinance transformationWorkday
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