Travelex moves its HR into the cloud with Workday
5,500 employees can use Workday's self-service portal to manage personal data
Foreign exchange provider Travelex has moved its HR function into the cloud with enterprise HR and finance application vendor Workday.
With Workday HCM, Travelex moved to one cloud application from 26 separate systems, put thousands of paper-based transactions into the cloud, and reduced 2,100 business processes down to 180.
More than 5,500 Travelex employees across 12 countries are now using Workday's self-service portal to manage personal data, and they will also be able to use portal on smartphones and other devices.
Gareth Williams, group HR director at Travelex, explained that employees at Travelex want access to information anytime and through multiple mobile devices.
"With Workday HCM they can access and update records quickly, easily, and securely wherever they are and Workday's smartphone application will further enhance convenience and ease of use," he said.
Travelex hopes that moving its HR function to the cloud will reduce the time spent on administrative tasks and enable it to focus on other strategic initiatives.
"We know we need to stay ahead of the competition when it comes to enabling our workforce to be as agile as it can be and that's why Workday and our wider HR transformation brings us one step closer in fulfilling our ambition to be one of the world's first multinational businesses to put the end-to-end employee experience in the cloud," said Williams.