four-year university now tops payroll benchmarks with workday
TRANSCRIPT
INDUSTRY
CUSTOMER
CHALLENGES
WORKDAY PAYROLL RESULTS
Mobile self-service capabilities for students and university staff allow administrators to focus on more value-added tasks.
cost of payroll per employee exceeds industry standard of $103 per employee.
$38 annual
Real-time visibility into operational tasks via a unified finance, HR, and payroll system improves decision-making across the university.
served per payroll employee, exceeding the industry best-in-class of 1,728 employees.
1,742 employees
Cut retroactivemanual calculations by
Slashed year-over-year retroactive payments by 50%.
51%.
Eliminated compliance risk associated with manual calculations.
Higher Education
4-Year University
• Lack of integration between finance, HR, and payroll inhibited the ability of the university to make strategic business decisions.
• Outdated processes for retroactive payments and reconciliations drained productivity.
• With no self-service features, administrators wasted valuable time entering time sheets for students and university staff.
• Manual calculations and data entry significantly increased errors and FLSA risks.