Due to content creation, distribution and monetisation, the media and entertainment industry has changed dramatically in recent years. To remain a leader in this market, Webedia has grown significantly, with more than 10 acquisitions in recent years. This growth meant the need for substantial third-party support for multiple finance, HR, and payroll legacy systems, and resulted in an inefficient use of employees’ time.
Webedia wanted a single system that could support domestic and international growth, provide a view of the entire organisation, and support finance, HR and payroll in their digital transformation, allowing its people to focus on value-adding tasks, not data reconciliation.
A unified data core.
For Webedia, innovation was vital. It wanted a system that could continuously innovate and unify business processes across the organisation, provide clear visibility and offer an agile structure to onboard new acquisitions.
In an ever-evolving technology industry, Webedia needed a system that could grow with it – without costly upgrades. Webedia is now benefiting from consistent processes across the entire organisation and thanks to Workday, employees can access the most up-to-date information for better and faster decision-making.
With Workday, we get total transparency and accessibility – anywhere and at any time.
Workday Project Manager
Greater visibility and alignment.
In France, Webedia went live with Workday in eight months in the organisations where accounting was managed internally, followed four months later by the organisations that outsourced finance. The company now has a system that supports its transformation, a clear view of short-term cash-out related to purchases via the procurement stream and the consolidated entities to drive the business. And with a 50 percent rise in finance activities, Webedia only needed to increase its staff by 20 percent, thanks to business processes and automations.
Our finance, HR and payroll departments can now collaborate more effectively and eliminate data discrepancies. Essentially, our departments have gone from a purely operational, to a more strategic focus.
Workday Project Manager
Strong engagement and a new way of work.
The self-service system allows employees to enter expenses and review data, and enables managers to keep their people engaged. The role of the finance team has also changed. Before, it was focused on paperwork and ensuring processes were completed from start to finish. Now, the team has become business process analysts, making data-oriented business decisions.
What we love about Workday is that it’s not a roadblock to change. It’s an agile system that supports our change.
Workday Project Manager
Always-on payroll.
With Workday Payroll for France, staff can enter the variable elements from the first day of the month, giving management more flexibility and putting an end to peaks in activity that used to require that the team be present between the 20–25 days of the month to send pay.
Workday also gives payroll managers more control and saves them time with access to a single source of data to manage job changes, contract terminations and administrative events. It also facilitates the flow between payroll and finance, enabling payroll to become more automated, accurate and flexible.
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