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North American Bancard Selects Workday to Help Drive Continuous Innovation

Wednesday, August 17, 2022   (0 Comments)
Posted by: Kristen Holmes

July 26, 2022: Workday -- North American Bancard Selects Workday to Help Drive Continuous Innovation

Workday (NASDAQ:WDAY), a leader in enterprise cloud applications for finance and human resources, today announced that North American Bancard (NAB) has selected Workday Financial Management, Workday Human Capital Management (HCM), Workday Adaptive Planning, Workday Prism Analytics, and Workday Peakon Employee Voice to support its rapid growth and deliver engaging employee experiences.
 
North American Bancard is one of the nation’s largest payments technology companies that processes more than $100 billion in transactions annually and has more than 1,300 employees. As the organization scales its operations and continues to drive innovation for its electronics payments platform, it needs a single, cloud-based system for financial management and human resources (HR) to help ensure efficiencies across the business.
 
With Workday, North American Bancard plans to:
 
  • Gain a real-time, comprehensive view into its financial data with Workday Financial Management to help automate transaction processing, reporting, time to close, compliance, billing, and more.
  • Improve operational efficiency and decision making across the organization using Workday Adaptive Planning to manage company-wide budgeting, scenario planning, and reporting, so NAB can better prepare for future growth.
  • Provide a supportive experience for its workforce by keeping a pulse on employee engagement in real time with Workday Peakon Employee Voice and using these insights to take meaningful, tangible actions that help enable employee satisfaction and success.
“We needed to drive smarter, more efficient business processes across the organization while remaining agile in our rapidly changing industry,” said Jim Parkinson, chief experience officer, North American Bancard. “Workday will provide us with one, unified system for our financial, people, and operational data that we can configure to meet our needs and that will grow with us as our business continues to adapt.”