Webedia acquired more than 10 companies in recent years but couldn't integrate them all on its own. Its increasingly complex system meant Webedia had to use third-party support for multiple finance and HR platforms, making it difficult to scale the business.
Workday helped Webedia shift from a fragmented architecture to one system covering finance, HR, payroll, and procurement. Webedia was able to integrate all 40 of its French entities on Workday and build end-to-end processes to improve its security, control, and governance.
Benefits and results.
Using Workday Financial Management and Workday Expenses, Webedia transitioned from a paper-based approach to a fully digitized accounting system. This shift frees up time to focus on financial analysis and data transparency.
increase in core financial efficiency
reduction in expense processing time
Webedia established a clear purchasing process with multiple stages, which increased visibility on expenditure commitments and estimated costs. The company also reduced financial risk, while enabling quick and easy payments.
increase in invoice-to-pay efficiency
decrease in supplier provisions
Webedia’s payroll processes, once manual and tedious, are now easy and convenient, allowing more time and energy for detecting and correcting errors. And the Workday Payroll app can be accessed from anywhere, so employees can use it at home.
gain in payroll processing
increase in payroll efficiency