Financial Services Case Studies and Customer Success Stories with Workday Contract Intelligence
Exeter Finance
- Financial Services
Exeter Finance improves performance with Workday's on-demand expertise. The company uses Workday's HR and finance solutions to drive innovation and... manage costs. This helps them make smarter decisions faster.
H&R Block had trouble with slow and complex forecasting. They used Workday Adaptive Planning to make forecasting faster and easier.... The forecast cycle went from weeks to just 9 days. The new system made headcount planning more accurate. The team now has more time to find ways to save money and work better with business partners.
Checkout. com wanted to improve how it used its large amounts of payment data. The company used Workday to simplify...and streamline its finance operations. This helped the team build better partnerships across the business. They saw big gains in efficiency and productivity. Workday helped turn raw data into valuable information for Checkout.com.
Western Union wanted to improve its legal and procurement operations. They worked with Evisort (now Workday) and law firm Husch... Blackwell. They reduced spend on outside counsel by 70%. They made contract execution 65% faster. They increased contract volume by 40% year over year. Western Union was recognized for innovation by the Association of Corporate Counsel.
Hewlett Packard Enterprise (HPE)
- Information Technology And Services
Hewlett Packard Enterprise wanted to improve how it managed employee skills and talent. They used Workday Skills Cloud and Workday... Learning to help with this. The company can now see all employee skills in one place. They use AI to find new skills and help employees grow. This helps HPE keep employees and support their career development.
Thomson Reuters
- Information Technology And Services
Thomson Reuters wanted to help employees grow their careers and keep top talent. They used Workday AI and machine learning... to improve career advancement and learning. This led to more career opportunities, higher productivity, and better employee engagement. The company also reduced paperwork. Thomson Reuters plans to invest over $100 million each year in AI to keep improving.
Salesforce wanted to automate its processes as it grew and expanded into new markets. They used Workday Accounting Center to... bring their data together. This helped them automate data integration and speed up financial close. They set up new legal entities in minutes instead of months. The tax team improved its work. Salesforce developed 23 use cases for Workday Accounting Center.
NetApp had trouble getting quick insights from its contracts. The legal team often had to outsource projects and use manual... processes. This made it hard to explore contract data as business needs changed. NetApp used contract AI to solve this problem. They analyzed 90,000 contracts and saved over $2.5 million by automating reviews. The team also saved thousands of hours.
Hospital & Health Care Case Studies and Customer Success Stories with Workday Contract Intelligence
Iowa Hospital Association
- Hospital & Health Care
Iowa Hospital Association had contracts stored in many places. Their legal team was large but still struggled to manage contracts.... The new Chief Legal Officer wanted to make contract management easier and more efficient. They chose Workday Contract Lifecycle Management, powered by Evisort AI. Now, all contracts are in one place and analyzed by AI. This saves the team hundreds of hours every year.
Five Rivers Health Centers
- Hospital & Health Care
Five Rivers Health Centers needed to track credentials and contracts for its healthcare staff. They used Workday Contract Intelligence, powered... by Evisort AI, to help with this. The new system let them prepare for site visits in 1 day instead of 1 week. They digitized over 10 years of contracts. They could extract data from all contracts in just 1 day after a bulk upload.
HiredScore AI for Recruiting with Workday helped AdventHealth fill hard-to-fill healthcare roles quickly. AdventHealth needed to hire for critical positions... across its network of over 50 hospitals. The solution identified and rediscovered top talent, making it easier to find the right people. AdventHealth doubled the number of job requisitions closed. They made 1,032 total hires in critical roles. 77% of nursing requisitions were filled by past applicants. The offer rate to Fetch leads was 50% higher than to other external candidates.
Retail Case Studies and Customer Success Stories with Workday Contract Intelligence
Team Car Care
- Retail
Team Car Care wanted to improve planning, financial, and HR operations. They used Workday Enterprise Management Cloud to bring all... their systems together. This helped them look at their business metrics in one place. Managers could use these insights to make better decisions. The new system helped improve employee performance and team management.
Target wanted to help its large team work better. They used Workday Extend to build and launch over 10 new... apps since 2020. These apps help with health, pay, and work-life balance. Workday Extend made it faster to build apps using Target's data and security. The new apps are easy to use and replaced some manual tasks. This helped Target support its team and improve their work experience.
RaceTrac had financial data in three different systems. This made work slow and caused mistakes. They could not get good... reports from their data. RaceTrac used Workday to put all their financial and HR data in one place. They made their work faster and easier. They now have 80% of business processes automated, cut internal questions by 75%, and made AP reimbursements two days faster. Management can now make better decisions.
Apparel & Fashion Case Studies and Customer Success Stories with Workday Contract Intelligence
PUMA
- Apparel & Fashion
PUMA wanted to simplify its HR systems and keep its culture of employee engagement strong. The company needed a single... platform to make processes easier and tools more standard. PUMA chose Workday for its HR and payroll needs. Workday gives PUMA real-time insights anytime and anywhere. This helps PUMA stay ahead of the competition.
Workday helped Levi Strauss & Co. improve its employee experience. The company used Workday to educate teams and learn from... other customers. Levi Strauss made full use of Workday features. The HR system helped them achieve strategic goals. Leaders say Workday supports their innovative culture.
Sports Case Studies and Customer Success Stories with Workday Contract Intelligence
McLaren Racing
- Sports
McLaren Racing faced new challenges with the Formula 1 cost cap and changing rules. They needed better tools and a... flexible finance team to keep up. McLaren Racing partnered with Workday to make their finance work smoother and faster. Workday helped them become more agile and efficient. The team now feels ready to handle changes and keep moving forward.
McLaren Racing faced new challenges with the Formula 1 cost cap and changing rules. They needed better tools to manage... their finances and stay ahead. McLaren Racing partnered with Workday to make their finance team more agile and efficient. Workday helped them streamline operations and improve how they work. The CEO of McLaren Racing said Workday changed the way they do business and made them more efficient.
Food & Beverages Case Studies and Customer Success Stories with Workday Contract Intelligence
Just Eat Takeaway.com
- Food & Beverages
Just Eat Takeaway. com merged two companies and needed to combine their systems. They wanted to make their data, processes,...and people work together better. They used a single platform to bring everything into one place. This helped them simplify operations and automate tasks. Now, stakeholders can get the answers they need from one system.
Banking Case Studies and Customer Success Stories with Workday Contract Intelligence
First National Bank of Omaha
- Banking
Workday helped First National Bank of Omaha move from six HR systems to one cloud platform. The bank wanted to... keep up with changes in banking and make HR easier. Workday Professional Services led the project, trained staff, and improved teamwork. All employees logged in during the first phase. Support calls dropped by 10% in the first quarter and 34% by the second quarter. FNBO now uses Workday to plan better and keep improving.
Human Resources Case Studies and Customer Success Stories with Workday Contract Intelligence
FNBO
- Human Resources
FNBO upskills HR teams and adopts Workday. They use Workday's HR solutions to empower their workforce. The case study highlights... successful adoption and workforce adaptation.
Consumer Electronics Case Studies and Customer Success Stories with Workday Contract Intelligence
Best Buy Canada
- Consumer Electronics
Best Buy Canada wanted to keep up with a fast-changing market. They needed to help employees grow and stay with... the company. They used Workday Human Capital Management and Workday Skills Cloud. This helped them increase employee engagement. They filled 14% more jobs internally year-over-year. They improved skills listings on employee profiles by 30%. Staff turnover went down by 16%.
Media Production Case Studies and Customer Success Stories with Workday Contract Intelligence
Condé Nast
- Media Production
Condé Nast used Workday's AI solutions to transform HR and finance. They improved workforce management and financial planning. This helped... them adapt to the future of work.
PwC wanted to improve how they tracked and used skills in their company. They used Workday Skills Cloud to help... with this. They set goals to use skills more, make skills part of their business processes, and move all their data to Workday Skills Cloud. They used machine learning to help track skills. In one year, they saw a 90% increase in recorded skills. They moved all their data to the new system.
Real Estate Case Studies and Customer Success Stories with Workday Contract Intelligence
Keller Williams
- Real Estate
Keller Williams had over 10 years of contracts stored in different places. They could not see all their contracts in... one place. They wanted a way to search contracts and get alerts for important dates. They used Workday Contract Lifecycle Management with Evisort AI. The AI analyzed 1,000 contracts in 1 hour. In 30 days, they built a full contract repository. They got 100% ROI in 1 month.
Insurance Case Studies and Customer Success Stories with Workday Contract Intelligence
Unum
- Insurance
Unum wanted to improve how it serves its customers and make work easier for employees. They worked with Workday to... change their finance systems. They reduced their reporting systems from 39 to 17. They saved $5 million each year. They also cut the time for financial year-end roll forward from 3 days to 1 hour. This helped employees spend more time helping customers.
The City of Los Angeles needed to manage 50,000 employees and handle complex IT and HR challenges. They used Workday... to improve employee management and service delivery. Workday helped make information updates and employee engagement easier. The city could now adapt quickly and deliver HR solutions better. Payroll process changes were reduced from months to weeks. AI tools in Workday helped with resume review and skill identification.
Manufacturing Case Studies and Customer Success Stories with Workday Contract Intelligence
Villeroy & Boch
- Manufacturing
Villeroy & Boch wanted to update their HR processes. They needed a modern system to help their global workforce. They... chose Workday to create better HR processes. Workday gave them one platform for all HR needs. This helped them succeed as a global company.
Workday helped Florida Atlantic University migrate 12 years of finance and HR data. FAU shut down 10-15 legacy systems, totaling... 800 MB of data. Over 100 users now access on-demand reporting. New use cases take just 3 to 4 weeks to develop. Dashboards show more than 10 years of financial data. This improved analytics and reporting for the university.
Workday helped Medidata save $1. 46 million in annual costs. Medidata now processes almost all invoices within three days. The...company reduced its financial close time from seven days to two days. Medidata uses Workday to get better insights and adapt quickly. The CFO says Workday helps them build the organization of the future.
Workday helped Unum cut manual work and simplify IT by merging over 20 HR apps into one system. Unum saved $200,000... each year and avoided $1.4 million in upgrade costs. The company reduced its HR and finance systems from 39 to 17. Unum also saved $1.7 million in annual head-count costs. Workday's HR solutions improved efficiency and reduced complexity for Unum.
Workday Extend helped On, a global sportswear company, speed up HR processes. On reduced onboarding time for contingent workers. The... team automated and simplified key workflows. They learned to build and deploy apps on their own. The most recent app took just two weeks to launch, down from three months. This improved efficiency and supported On's rapid growth.
Seattle University Chooses Workday to Power its Future-Ready Campus for Students and Staff - Workday
Seattle University has selected Workday's Human Capital Management, Financial Management, and Student solutions to unify its HR, finance, and student systems across two campuses. This integration aims... to enhance the student experience by providing real-time insights and simplifying tasks like registration and curriculum management, accessible via mobile devices.