Workday Human Capital Management to Optimise Human Resource Utilisation and Management

SINGAPORE - Media OutReach - 12September 2019 - Sumitomo Chemical has selected Workday Human Capital Management (HCM) tohelp achieve key human resource (HR) elements enshrined in its new corporatemanagement plan. Sumitomo Chemical will deploy the cloud-based Human CapitalManagement (HCM) application to drive business growth and innovation across all its operations in Asia, including Singaporeand Hong Kong, with over 10,200 workforce.

With HR positioned as a pillar of Sumitomo Chemical's management assets,the company is now focused on enhancing its HR utilisation and management. Ofthe six basic policies laid out in the company's corporate management plan, twofeature HR philosophies:

• Employ, develop, andleverage HR for sustainable growth
• Improve productivitythrough digital innovation

Previously, the company'semployee data, training records, and other information were managed on multipledifferent systems. With Workday HCM, Sumitomo Chemical will unify a wide rangeof the company's HR functions in one single system, providing more efficientmanagement of HR processes including training, talent management, and workforceplanning. This transformation will advance the company's digitalization effortswith major reductions in paper usage and further streamline personnel-relatedprocesses. Additionally, because of the easy-to-use interface andconfigurability of Workday HCM, Sumitomo Chemical will be able to more quicklyaccess and analyze employee-related information to formulate businessstrategies.

Hiroshi Niinuma, Senior Managing ExecutiveOfficer of Sumitomo Chemical's Human Resources Department, said: "DeployingWorkday HCM will make it easier for us to utilize our human resourceinformation and enable us to carry out more appropriate talent placement. We expectthat this will enable our employees to better employ their abilities andskills, thereby helping to drive business growth and innovation. By reinforcingan environment where employees are engaged and motivated, our HR philosophy of,'Employee Training and Growth' will further be enhanced."

Rob Wells, Presidentof Asia at Workday, said: "We are delighted to partner with Sumitomo inenabling its digitalization and innovation efforts in its transformationjourney. We look forward to working closely with the team to strengthen its HR infrastructureand unlock the full potential of its employees."

About Workday

Workday is a leading provider ofenterprise cloud applications for finance and human resources. Founded in 2005,Workday delivers financial management, human capital management, planning, andanalytics applications designed for the world's largest companies, educationalinstitutions, and government agencies. Organizations ranging from medium-sizedbusinesses to Fortune 50 enterprises have selected Workday.