Workday and Life Time Fitness

As the Healthy Way of Life Company, Life Time Fitness (NYSE: LTM) helps organisations, communities, and individuals achieve their total health objectives, athletic aspirations, and fitness goals by engaging in their areas of interest – or discovering new passions – both inside and outside of Life Time’s distinctive and large sports, professional fitness, family recreation, and spa destinations, most of which operate 24 hours a day, seven days a week. The Company’s Healthy Way of Life approach enables customers to achieve this by providing the best programmes, people, and places of uncompromising quality and value. As of 11 March 2015, the Company operated 114 centres under the LIFE TIME FITNESS® and LIFE TIME ATHLETICSM® brands, along with nine former Lifestyle Family Fitness centres, in 32 major markets in the United States and Canada.

Challenges

Multiple costly and inefficient applications for 24,000 employees.
Paper-intensive HR system.
Slow, expensive payroll system.
Minimal integration between finance and HR.
Rapidly changing compliance requirements.
Overly complex general ledger.
Lack of scalability needed for a fast-growing company.

Solutions

Workday Financial Management
Workday Human Capital Management
Workday Payroll
Workday Time Tracking
Workday Expenses
Workday Procurement
Cloud-based software-as-a-service (SaaS) model offers reduced upfront investment, overall cost savings, and access to data from anywhere.
Single system-of-record for all HR and financial functions.

Results

One unified platform, reducing costs and providing scalability and flexibility for a high-growth business.
Easier, more accurate, and more strategic analysis and reporting capabilities.
Simplified general ledger and more streamlined management of the company’s $2 billion in net assets.
Elimination of manual tasks in HR and finance operations.
Reduction in payroll processing time from 48 hours to less than one hour.
Effective talent management for a diverse, tech-savvy workforce.
Employees and management more empowered to run the business.

Workday and Life Time Fitness

Please accept cookies to continue.