Four-year university far exceeds benchmarks for expense and purchase order automation with Workday
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INDUSTRY CUSTOMER CHALLENGES WORKDAY EXPENSE AND FINANCE RESULTS Mobile usage for expenses continues to grow, freeing up finance staff for more value-added tasks Reduced the number of personnel involved in the approval process from 1.5 to .2 FTEs in the cost to process expenses saves $85K in the first six months 76% decrease Slashed the time for reimbursements from 60 days to 3 days automation of expense reports via self-service 100%. improvement in time to process expense reports 95%. Higher Education 4-Year University • Lack of self service for expense reports • The manual effort required to process monthly expense reports was both costly and time consuming • Delays in expense processing created the potential for budget overruns • Outdated, paper-based purchase order process was error-prone • Manual tasks, such as filing and tracking paper documents, caused unacceptable delays
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Transcript of Four-year university far exceeds benchmarks for expense and purchase order automation with Workday
INDUSTRY
CUSTOMER
CHALLENGES
WORKDAY EXPENSE AND FINANCE RESULTS
Mobile usage for expenses continues to grow, freeing up finance staff for more value-added tasks
Reduced the number of personnel involved in the
approval process from
1.5 to .2 FTEs
in the cost to processexpenses saves $85Kin the first six months
76% decrease
Slashed the time for reimbursements from
60 days to 3 days
automation of expense reports via self-service
100%.
improvement in time to process expense reports
95%.
Higher Education
4-Year University
• Lack of self service for expense reports
• The manual effort required to process monthly expense reports was both costly and time consuming
• Delays in expense processing created the potential for budget overruns
• Outdated, paper-based purchase order process was error-prone
• Manual tasks, such as filing and tracking paper documents, caused unacceptable delays
