Wolters Kluwer is a global organisation that provides information, software, and services to professionals in healthcare, tax, law, and finance. Just ten years ago, 75 per cent of the group’s sales were generated from printing activities. Now it’s less than 12%.
In moving from traditional publisher to online knowledge provider, Wolters Kluwer has undergone a significant transformation in recent years.
Wolters Kluwer was considering implementing a new global HR information system. They already had SuccessFactors in place, but it was too narrowly focused on talent management, and they had no real core HR solution.
The project team wanted to run a competition between Workday and SuccessFactors. They asked Change Associates to help design a process that was informed and objective.
What we did
Our consultants started with a research exercise on both vendors, identifying their strengths and weaknesses, so we knew where to push them during the selection process.
Working alongside a core team from Wolters Kluwer, including HR, procurement, IT and finance professionals, we refined the business case and prepared it for presentation and approval by the Executive Committee
Change Associates experts supported the procurement activities, from RFP design, running demo events, and developing scoring solutions, to establishing the negotiation strategy and advising the team on getting the best deal from the vendors.
We also helped the core team to identify and plan for the operating model changes that would be needed once they embarked on a systems-enabled transformation programme.
- The implementation of our negotiation strategy resulted in the selected system being secured for 40% less than the vendor’s initial bid.
- The cost of the implementation ended up 30% less than the initial bid.
- This successful piece of work led to a long-term partnership between Wolters Kluwer and Change Associates that continues to this day.
Image (c) Shutterstock | Mark Agnor
“Change Associates not only enabled us to make an informed and objective selection of the HRIS we will use; they helped us save 40% of the cost too.
SVP and CHRO, Wolters Kluwer