CUSTOMERS

Workday and Life Time

As a wellness pioneer, Life Time is reshaping the way consumers approach their health by integrating where we play, work, and live—all with the primary objective of helping people lead healthy, happy lives. In addition to its more than 150 destinations in 41 major markets in the U.S. and Canada, Life Time also owns and produces iconic athletic events and is expanding its brand through Life Time Work premium co-working spaces and Life Time Living high-end leased residences.

Life Time
OVERVIEW
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

 

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 1 hour
  • Effective talent management for a diverse, tech-savvy workforce
  • Employees and management more empowered to run the business
INFOGRAPHIC

See the infographic to learn how Life Time has benefited from Workday.

Life Time infostudy