Problem: Time consuming financial processes
Before the financial and HCM transformation journey, BINUS HCM faced several challenges, including manual and time consuming financial processes, lack of visibility into financial data, and difficulty in tracking expenses and revenues accurately.
“We worked closely with team BINUS to understand their business requirements and pain points to design and implement a successful deployment strategy. By taking extra care to dig deeper into team BINUS’s needs, we ensured a smooth and successful deployment of the HCM system”
Anirban Dass
Strada Head of Business, APAC
Solution: Move to a cloud-based financial management system and HCM transformation
To overcome these challenges, BINUS retired their old legacy system and deploy Workday along with the HCM Module.
The group switched to a cloud-based financial management solution that automated financial processes, provided real-time visibility into financial data and enabled accurate tracking of expenses and revenues.
Strada experts worked closely with the BINUS leadership and project management team to deploy the new system. It integrated HR and financial processes, streamlining overall operations and improving collaboration between departments.
“Our entire transformation journey has been a game-changer for the organisation. We are now able to focus more on innovation and customer service, thanks to the time and cost savings we have achieved.”
Harry Surya Adam
Chief Executive Officer, BINUS
Financial and HCM transformation results:
As a result of the transformation, with the newly implemented HCM, BINUS increased efficiency and productivity.
There was a reduction in financial processing time as well as a decrease in errors and discrepancies. This in turn improved the accuracy of financial reporting and forecasting.
These improvements led to improved customer satisfaction on account of faster and more reliable financial transactions.
“The new financial management solution has made my job much easier and less stressful. I can now access real-time financial data and reports and track revenues accurately, which has improved the overall productivity and efficiency.”
Stephen Wahyudi Santoso
Chief Operating Officer, BINUS
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