Travelex Deploys Workday's Human Capital Management and Workday Time Tracking

HR Tech Outlook | Friday, November 30, 2018

PLEASANTON, CA: Workday, a provider of cloud applications for human resources and finance has announced that Travelex, a provider of foreign exchange has deployed Workday Human Capital Management (HCM) and Workday Time Tracking thereby transforming its HR organization and business support services. With this, Travelex aims to offer its employees the same multi-channel, intuitive, and easy-to-use service it delivers to customers.

Travelex is advancing its entire employee experience and streamlining processes, automating workflows, and reducing administration by leveraging one unified cloud application for human resources management, talent management, time tracking. 

Travelex, with the help of Workday HCM has moved its portfolio from 26 separate systems to one unified cloud application; placed thousands of formerly paper-based transactions into the cloud; and reduced its business processes from 2,100 to 180. This helps the HR team to reduce burden of administrative tasks and helps them in focusing their attention towards talent management, performance management, and workforce optimization.

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Also the HR team of Travelex plans to offer businessmen a new insight into the cost, capacity, capability, and quality of their workforce through the analytics capability of Workday. The capabilities made available on mobile and desktop experiences also include perceptibility towards headcount, labor costs, overtime, and management metrics.

More than 5,500 Travelex employees across 12 countries are now using Workday self-service capabilities to manage personal data. This also gives them the same multi-channel experience as enjoyed by the customer. With Workday Time Tracking, Travelex is streamlining time and attendance processes throughout the company thereby providing its employees an easy access to manage their time.The users are benefitted with its cost effectiveness and its use of easy configuration and workflows to manage the local and national regulations across its global footprint.

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