Case study: Prysmian Group unifies workforce insights with an integrated HCM and Payroll solution

Prysmian Group unifies workforce insights with an integrated HCM and Payroll solution

Challenge

Prysmian Group had seen rapid growth over the years, which included several acquisitions where systems and processes were inherited. The team were challenged with numerous platforms and vendors to manage and were struggling to get visibility into their global HR and HCM payroll operations. Prysmian Group set out to:

Improve workforce and talent management – harmonise global operations to gain global governance and better cost control Boost employee self-service and process automation – provide consistent ways of working across all regions with standardised processes to increase efficiency and productivity Establish employee centricity – deliver an enriching employee journey that encourages employee self-service for increased engagement

Solution provided by HCM and payroll

Harnessing a modern HR experience

To streamline operations and improve global governance, Prysmian Group deployed Workday Human Capital Management (HCM) to manage their global workforce. Workday HCM gives global employees a central system for managing HR data, automating workflows, and providing a powerful tool for insights and analytics.

Unifying global HR and payroll

During the deployment, the team quickly realized the importance of the integrations between Workday and their payroll platforms and decided to expand an existing relationship with Strada to deploy its global payroll solution to some of their major employee population countries. Strada also delivers flexible tiers of Payroll Services to 10 countries and provides a centralized platform to review, process, report and analyze payroll for 47 countries.

Continuous optimisation for long-term success

Today, now live, Prysmian Group also partners with Strada for Application Managed Services (AMS), adopting new Workday functionality, optimising HR and payroll processes, and embracing greater accuracy and efficiency in payroll.

We started our transformation project only thinking about how to improve our HR processes and the related employee experience but during the deployment it quickly became clear how significant global payroll was in achieving our objectives. Together, with Workday and Strada, we now have a connected and unified experience for HR and payroll globally and have improved efficiency and productivity by embedding automation and standardization.

HR Digital Innovation
Director Prysmian Group

Results of using a HCM and payroll system

After partnering with Workday and Strada, Prysmian Group now have a unified and flexible HR and payroll system for their global workforce. Our partnership allows Prysmian Group to standardize their employee experience across geographies, improve governance and visibility, and improve accuracy and efficiency.

  • Improved visibility and cost control through a unified HCM and payroll experience that enables global governance
  • Processes are standardised across regions improving efficiency and productivity
  • Increased HR and payroll efficiency with 10 countries opting for managed or comprehensive payroll services from Strada
  • 9 payroll systems were eliminated and replaced with Strada’s Global Payroll which seamlessly integrates with Workday
  • Payroll quality increased with 99.9% payroll accuracy achieved in the countries managed by Strada
  • Employees now have a single place to access their HR and pay information
  • Improved data integrity and analytics for better planning and decision-making
  • Improved hiring process by reducing the time to recruit

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