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Flywire Expands Partnership with Workday, Integrates with Workday Student to Streamline Higher Education Payments around the World
Globenewswire· 2025-10-16 13:00
Higher education institutions can leverage Flywire’s Workday integration for Workday Student to manage all international and domestic student paymentsBOSTON, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company, today announced an expanded partnership with Workday, Inc. that will integrate Flywire's payments and software platform with Workday Student, a student information system (SIS) that automates and streamlines student operations, finan ...
Workday's Higher Education Momentum Accelerates as Over 650 Institutions Worldwide Turn to AI to Navigate Uncertainty and Transform the Student Experience
Prnewswire· 2025-10-15 13:00
Accessibility StatementSkip Navigation Over 85 Institutions Now Live on Workday Student, Supporting 3 Million Student Records Worldwide PLEASANTON, Calif., Oct. 15, 2025 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), the enterprise AI platform for managing people, money, and agents, today announced significant global momentum in the higher education industry, with more than 650 institutions across 19 countries having selected Workday to drive their transformations. This milestone underscores the growing de ...
Seattle University Chooses Workday to Power its Future-Ready Campus for Students and Staff
Prnewswire· 2025-07-14 13:15
Core Insights - Workday has been selected by Seattle University to unify over 12 disparate systems across its two campuses, aiming to enhance the student experience through improved data insights and operational efficiency [1][2][3] Group 1: Workday's Implementation - Seattle University will integrate its HR, finance, and student information systems on Workday's cloud platform, creating a more efficient and connected experience for students [2][3] - The implementation will simplify tasks such as registration and curriculum management, allowing students to access these services anytime and anywhere via mobile devices [2][3] Group 2: Data Insights and Decision Making - Workday will provide Seattle University with real-time insights into critical areas including attendance, course management, enrollment trends, registration, staffing needs, and financial data [3] - This enhanced visibility will enable the university to make more data-informed decisions and adapt to changes effectively [3][4] Group 3: Strategic Vision - The president of Seattle University emphasized the importance of adaptability in higher education, stating that the partnership with Workday represents a significant step towards building a culture of data-informed decision-making [4] - Workday's commitment extends beyond technology solutions, focusing on collaborative partnerships that empower institutions and students to thrive in a changing environment [4][5] Group 4: Company Overview - Workday is an AI platform designed for managing people, money, and agents, utilized by over 11,000 organizations globally, including more than 60% of the Fortune 500 [5]
Workday(WDAY) - 2025 Q4 - Earnings Call Transcript
2025-02-26 00:45
Financial Data and Key Metrics Changes - Workday reported Q4 subscription revenue of $2.040 billion, reflecting a 16% increase year-over-year, and full-year FY '25 subscription revenue of $7.718 billion, up 17% [36][37] - Non-GAAP operating income for Q4 was $584 million, with a non-GAAP operating margin of 26.4%, while full-year non-GAAP operating income was $2.19 billion, representing a margin of 25.9% [39] - Total revenue for Q4 was $2.21 billion, a 15% increase, and for the full year, total revenue was $8.45 billion, up 16% [37][39] Business Line Data and Key Metrics Changes - Workday's core HCM and Financials customers exceeded 6,100, with over 2,000 leveraging the full suite [15] - More than 30% of new business in Q4 was full suite, and this number increased to 50% in focus industries like SLED and healthcare [15][135] - AI solutions saw significant growth, with new ACV from AI SKUs doubling quarter-over-quarter [18][66] Market Data and Key Metrics Changes - U.S. revenue in Q4 totaled $1.66 billion, up 15%, while international revenue was $556 million, growing 16% [37] - The DACH region showed strong performance with new relationships formed with major companies like Bayer and Henkel [29][90] - In APAC, significant wins included Binance and JINGDONG, with ongoing efforts to expand in Japan [30] Company Strategy and Development Direction - Workday is focusing on AI integration across its platform, with the launch of the Agent System of Record to manage AI agents [9][25] - The company aims to leverage its strong customer base and expand its offerings in federal government and higher education sectors [14][115] - Continued investment in international markets and partnerships is a priority, with a focus on enhancing go-to-market strategies [27][150] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the renewal opportunities and the health of the customer base, emphasizing proactive selling into existing accounts [62][66] - The company anticipates FY '26 subscription revenue of approximately $8.8 billion, reflecting a growth of 14% [42] - Management acknowledged macroeconomic challenges but highlighted strong underlying business momentum and customer demand [29][92] Other Important Information - Workday's headcount as of January 31 was approximately 20,400, with a planned reduction of about 8% due to restructuring [42] - The company ended the year with $8 billion in cash and marketable securities, indicating strong financial health [41] - Leadership changes include the retirement of Sayan Chakraborty and the appointment of Gerrit Kazmaier as the new President of Product and Technology [32][33] Q&A Session Summary Question: Can you walk us through the vision and investment scale for the agent system of record? - Management confirmed that restructuring savings will be reinvested into the Agent System of Record due to high customer interest [50][53] Question: What is the health of the renewal base as contracts come up for renewal? - Management indicated strong visibility on renewals and ongoing sales into the customer base, with significant uptake in AI products [62][66] Question: Are you expecting contributions from agent revenue in the back half of the year? - Management noted that while agents are not expected to contribute significantly in FY '26, there is strong momentum in AI solutions [78][82] Question: How is the international market performing, particularly in Europe? - Management highlighted strong results in the U.K. and Germany, with plans to continue investing in international markets [90][92] Question: What changes are expected in the go-to-market strategy with new leadership? - Management stated that while there will be no major changes, the new leadership will refine the go-to-market approach to enhance performance [98][99] Question: How are you balancing investments and margin potential? - Management emphasized a balanced approach to investing in AI while maintaining margin growth, aiming for a non-GAAP operating margin of approximately 28% in FY '26 [104][106]