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PwC leverages Workday technology to address the issues that shape the structure and strategy of your business
Today’s market forces are constantly pressuring organizations to build high performance cultures, placing talent on par with financial results at the top of the CEO’s agenda.
To be successful, you need a plan that goes beyond just a simple system implementation. You need a new talent and finance strategy specifically tailored to your business and industry along with innovative technology that highlights the role of human capital while effectively managing financial performance.
PwC and Workday can work for you - making that transition from “where we are” to “where we need to be” seem far less daunting.
Driving a financial transformation within an organization is about more than just implementing a software package. It requires understanding the client’s fundamental operating context and the dynamics of the industry. To be successful, you need a true implementation partner who can help you transform the role of the finance function within your organization in order to drive consistency in finance reporting, policies and procedures.
To achieve business process optimization you also need access to a full range of financial capabilities, relevant analytics and metrics, and fully auditable process management that delivers accurate and timely financial information for confident decision making. Now you can achieve these goals with PwC and Workday.
Today’s top companies are leveraging PwC and Workday to transform financial strategies and processes for better results.
With the increasing global competition on the labor market, the need to attract and retain employees that fit your business purpose and value is an unabated ongoing challenge. Additionally to standard rewards and remuneration, variable benefits are deployed to make a difference as an employer to competitors. Workday enables to manage these benefits from one central place.
By integrating the Workday Benefit Shop as part of the Workday HCM-system, employees are enabled to easily choose and allocate their benefits based on their individual preferences. The Benefit Shop encourages you to not to worry about the administrative process, so you can focus on your (future) talents instead.
Benefit budget: Set benefit budgets for employees. Calculations can differ for different employee groups.
Benefit shop: Employees can purchase benefits from the shop, upload receipts and receive payments via payroll.
Buy & sell time off: Employees can use their benefit budget to buy additional time off, or sell days to receive an additional payment.
Pay out budget: Employees can choose to have the benefit budget paid out, either as a one off payment or on a monthly basis.
Together with Workday ®, PwC holds a unique collaboration to offer this extension on the existing and globally used Human Capital Management (HCM) system. As one size fits all solution is not possible, we offer you a customized solution. We digitalise your payroll so you don’t have to focus the process itself.
Having the ability to add on custom apps, while leveraging Workday’s Power of One, is a game changer. Of course with new innovation comes with new challenges.
New discussions will arise, for example: what is the balance between custom vs. off the shelf functionality, what kind of governance structure do you need, and what kind of technical skills will your team need?
PwC and Workday transform your organization by leveraging the power of the cloud to create a unified solution for human resources and financials.
With PwC and Workday you can promote cost-effectiveness by gaining increased operational visibility and accuracy.
Use Workday to search for employees by talent, skills, and profile, which allows you to build more effective teams.
PwC has solutions that combine our regulatory experience with the technology, reporting and remediation skills necessary to help your organization remain in compliance.
We aren’t bound by borders. Our practitioners’ industry experience and knowledge in Finance can help you take advantage of instant global consolidation across entities and currencies.
Highlight the role of human capital while effectively managing financial performance. PwC can help you leverage Workday’s cloud-based technologies to gain the agility you need to tackle your toughest business challenges.