Challenges.
Finance and HR were burdened with multiple sources of information and a lagging capability set. These challenges were exacerbated by a lack of insight into workforce and spend metrics and analytics.
Why Workday.
Workday enabled Key Group to manage a growing population with a constant HR and finance team, while increasing capabilities delivered to the business. Key benefits include role-based security, always-on audit, and real-time processing.
Benefits and results.
Functional efficiency (finance, HR, and payroll).
Key Group has simplified its IT environment and reduced manual and transactional administration via automation and configurable workflows enabling an optimal reorganization of IT, HR, supply management, and finance teams.
Strategic procurement work increased by 50%
Expenses processed in 7 days vs. 30
Decision support.
Process improvements have enabled a redirect of time to high-value, strategic projects. Key Group is now equipped with the tools to drive strategic, data-driven business decisions related to turnover and retention, diversity and inclusion, merit allocation, and vendor spend.
Payroll process reduced by 8 days with 50% fewer errors
Organizational changes increased productivity
User experience.
Key Group has delivered an intuitive experience to prospective and existing employees. Prospective employees benefit from a quicker application process and improved digital onboarding; existing employees benefit from a future-ready environment with high adoption rates.
Time to fill positions reduced by 30%
Recruiting efficiency increased 29%