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Mercury New Zealand has selected Workday for its new finance system as the New Zealand power company aims to play a key role in helping the country transition to a low-emissions economy.
According to Workday, Mercury will partner with Accenture ANZ to replace its legacy finance system with Workday Financials. This will give the company access to a new cloud-based system that includes Workday’s Core Finance, Financial Planning, Projects and Prism Analytics applications.
“We are proud to support an organisation that combats climate change by reducing carbon emissions through the use of renewable energy sources,” said Workday New Zealand director Jonathan Brabant.
“By providing the cloud applications that help Mercury NZ modernise its finance function, we can help the organisation focus on the continuous improvement needed to drive better outcomes for all.”
According to Workday, with Workday Financials, Mercury’s finance function will “transform into a business partner equipped to drive growth”.
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Additionally, Workday boasts that Workday Financials will improve the finance experience across Mercury through a simpler new system, and provide the company with access to financial data and insights that can help it make more informed decisions.
“Along with changes in the way our wonderful finance people work, the Workday system will create more financial visibility for everyone at Mercury, enabling better informed financial and business decisions,” Mercury’s CFO William Meek said.
“Our finance team will be freed from many manual tasks to focus on being trusted advisors and all of our people will have access to a streamlined, natural user experience and embedded workflow management across functional areas.”
Mercury NZ provides electricity, gas, broadband and mobile services to homes and businesses across New Zealand, with all electricity generated from 100% renewable sources. The company maintains 20 power stations and employs 1,500 people.
