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Travelex replaces 26 legacy HR systems with global Workday deployment

Matthew Finnegan | Aug. 8, 2014
Travelex has consolidated disparate HR systems onto a single Workday cloud platform, helping reduce costs through streamlined recruitment processes.

For example, this allows Travelex to automate the posting of jobs with direct integration to various social media channels throughout the world, as well as country-specific job sites.

"The recruitment team in Mumbai press a button and a recruitment requisition automatically posts on the LinkedIn or Facebook site. CVs then start to work their way through into our applicant tracking system, so we then start to build out our own repository of candidates, which means we disintermediate recruitment agents."

Saas Strategy

Workday is just one part of Travelex's cloud HR plans, providing talent, performance management and compensation modules. The company is also using a number of other cloud software suppliers, including PeopleFluent, CloudPay, Kronos and Cornerstone.

"We have gone for seven Saas platforms that we are integrating into each other," he said.

"To the best of my knowledge, there is no other business in the world that has put the entire [HR] experience in the cloud. By this I mean core data management, reward management, rostering, workforce scheduling, payroll, recruitment, applicant tracking and talent acquisition."


According to Williams, one of the main reasons for choosing Workday over competing products such as Oracle and SuccessFactors was the mobile functionality, which ties in with its BYOD and mobility strategy.

"We want our retail managers to be out from behind their desks and working on tablets. We are using the analytics on things like absence trends and labour cost spends, and we are pushing these reports out to their mobile devices," he said.

Travelex also has plans to offer discounted Android devices to staff to ensure that all are able to access the Workday system on the move.

"Employees want information on any device, and at any time. To future-proof this business, and to ensure that we can compete in hiring the best and keeping the best, we have to have a digital based workforce strategy. That is why Workday and all of our other suppliers all have mobile-first strategies."


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