Workday a provider of enterprise cloud applications for finance and human resources, has announced that BlaBlaCar, a long distance ridesharing service, has gone live with Workday Financial Management, on time and on budget. It is anticipated that with Workday Financial Management, BlaBlaCar will be able to improve the efficiency of financial processes and visibility into financial performance as it continues to disrupt how to connect people with drivers.
BlaBlaCar, a rapidly expanding company that is helping to create the new ridesharing industry, has more than 35 million members and operates in 22 countries, required a single, cloud-based finance application that would improve the efficiency of its back office processes, and consolidate financial data into one system.
The deployment took just three months, BlaBlaCar have reported immediate benefits with access to real-time finance data, a reduction in manual, time-consuming processes such as extracting and reconciling data from multiple systems and the ability to quickly set up new entities.
“As an innovative organisation expanding rapidly into new markets, having a standard set of financial processes across many regions and the ability to add new entities quickly is absolutely crucial,” said Sébastien Preel, vice president Finance, BlaBlaCar. “With Workday, we have a single source of financial data that key stakeholders can access in real time, enabling them to make critical, in-the-moment decisions regarding our organisation’s future.”
“For modern organisations such as BlaBlaCar, the ability to move faster and with more flexibility is a key competitive advantage, and technology is a crucial component in achieving this,” said Chano Fernandez, president, EMEA & APJ, Workday. “With Workday, customers can transform financial processes, replacing multiple, disjointed solutions with a single, cloud-based system. This improves the efficiency of key financial tasks while also delivering compliance and control that helps drive better decisions and business partnership across the organisation.”