Photo credit: Gordon Joly/Flickr

Thomson Reuters, one of the world's most far-reaching newswire companies, has announced that its payroll and human resources data has been transferred into the cloud.

The company, which was formed when the Thomson Corporation merged with Reuters Group in 2008, has chosen Workday's Software-as-a-Service (SaaS) package as the cloud-based solution for the upgrades to its existing HR system.

The new system, California-based Workday claims, will offer cost savings as well as increased workforce visibility and greater efficiency for all those within Thomson Reuters' vast HR department.

Thomson Reuters employs more than 55,000 people in over 100 countries and believes that Workday is best suited to harness the power of the cloud for its global needs.

Sue Laskey-Myers, senior vice president of global HR solutions and service delivery at Thomson Reuters, said: “We required a partner that would work alongside Thomson Reuters to meet the talent goals we’ve established for our diverse global organisation.

“Workday has demonstrated they will be that partner, and together we can fulfil our vision of delivering a game-changing HR and payroll system to employees across the world.”

Dave Duffield, co-CEO at Workday, shared Thomson Reuter's enthusiasm and positivity for the partnership. “We are thrilled to welcome Thomson Reuters as a Workday customer,” he said.

“Thomson Reuters is a clear leader in information services worldwide, made possible by its highly talented workforce. We anticipate a long and rewarding relationship with Thomson Reuters and its leadership team.”