Challenges.
With almost 100 store sites and high turnover common in the retail industry, Stokomani was challenged by a complex, decentralized business structure that made it difficult to run the business efficiently. Compliance had become an issue, and existing systems could no longer support the company’s rapid pace of growth and change.
Why Workday.
Stokomani wanted to focus on value-adding tasks rather than on legal compliance and system updates. It needed a system that could support organizational complexities, improve processes, and scale. Workday enables a more streamlined way for Stokomani to manage the business.
Benefits and results.
Data entry automation and increased control.
Processes have been streamlined with less manual data entry and more verifications allowing Stokomani to focus on added-value tasks. Now the Payroll Cycle Command Center has greater insight into payroll, ad hoc comparisons across periods provide insight into exceptions, and real-time accounting summaries are available, all giving Stokomani better and faster pay cycle management.
4-5
days to 1 day for manual payroll data entry
Real-time payroll processing.
With real-time payroll processing and tools such as the payroll process scheduler, Stokomani saves time in payroll processing, streamlines payroll finalization, and gains more control over its payroll process and data. Payroll is completed more efficiently and quickly.
1
hour to payroll close, reduced from half a day
Increased flexibility and manager engagement.
Stokomani has more flexibility to support store openings and organizational changes. With a single system for payroll and HCM, it can more easily transfer knowledge and distribute tasks across teams and payroll partners. Managers now have easier ways to hire, promote, and support employees.
500+
jobs created in 2018 and 2019
Compliance with ease.
The year 2019 saw many changes for payroll compliance in France, burdening already busy Payroll departments. With Workday, these changes have been a non-event for Stokomani, thanks in particular to embedded management and reporting of the new Tax Withholding at Source (prélèvement à la source).