Acquiring these practices will complement Cognizant’s existing finance and human resources advisory implementation services with Workday, expanding capabilities in consulting, deployment and post-deployment support across North America and the U.K.
Cognizant did not disclose the financial terms of the deal, which is anticipated to close by year-end 2022, subject to satisfaction of closing conditions.
Cognizant, based in India and with U.S. offices in Teaneck, will add 400 employees of OneSource through the deal, bolstering its strength of certified professionals who can do Workday implementation and support
“Adoption and migration to the cloud to manage workflows is only accelerating, and the Workday platform ecosystem continues to be embraced as a critical tool to provide finance, HR and other functions greater resiliency and agility. Acquiring the professional services and application management practices from OneSource Virtual enables Cognizant to expand our client offerings and provide end-to-end support in the business transformation journey,” Rob Vatter, executive vice president of Cognizant’s Enterprise Platform Services, said. “We are pleased to be welcoming the talented professionals from OneSource Virtual who will join Cognizant in growing and expanding our Workday capabilities globally.”