Redstone Financial Credit Union

Resolved inefficient business processes due to siloed systems by improving processes through automation and reporting with a complete suite of Workday cloud solutions

Challenge: Resolve Inefficient Business Processes Due to Siloed Systems

  • Needed to replace a collection of disparate internal HCM systems, including ADP HR Perspectives and PeopleSoft Financials
  • Wanted to move to cloud to reduce IT costs, create tighter and more efficient business processes, improve system usability, enhance application functionality, and develop seamless system integration

Solution: Complete Workday Suite of Cloud Solutions

  • Appirio's focused on Expenses and Spend Authorization within the Spend Management area and Cash Management within the Financial Management area
  • Developed key banking integrations including Positive Pay, ACH, and Bank Reconciliation
  • In total, 16 financial integrations and 6 HCM integrations
  • Enabled analytics and reporting which didn't have in existing systems
  • 800+ employees and contingent workers active on employee self-service

Results: Improved Processes and Efficiencies Through Automation and Reporting

  • Automated over a dozen manual business processes including expense approvals, expense credit card reimbursements, and bank reconciliation
  • Eliminated paper expense reporting process and manual check printing activities
  • Integrated Workday with Redstone's core banking transaction system in order to take advantage of Workday's analytic reporting capabilities and perform closing activities