Strada, a leader in payroll, human capital, and financial management solutions, has expanded its service offerings to include Workday Benefits Administration. This new service helps Workday Human Capital Management customers simplify benefits administration, reduce costs, and improve the overall employee experience.
Benefits of Strada’s Workday Benefits Administration
1. A Unified HR and Payroll Experience
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Organizations can manage HR, payroll, and benefits within a single platform, eliminating the need for third-party integrations.
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Real-time data synchronization ensures greater accuracy and compliance.
2. Measurable Cost and Efficiency Improvements
Strada’s customers using Workday Benefits Administration have reported:
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84% fewer support cases, reducing HR workload.
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70% fewer employee calls related to benefits inquiries.
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Up to 50% savings in overall benefits administration costs.
3. Real-World Success: Synchrony’s $1M Annual Savings
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Synchrony, a Fortune 500 company, has saved over $1 million annually by leveraging Strada’s Workday Benefits Administration.
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The company has experienced 90% fewer payroll deduction issues and a more efficient enrollment process.
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Employees benefit from a user-friendly, mobile-first self-service experience.
4. Features Driving Results
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Single System of Record: Eliminates data silos and improves accuracy.
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Lower Costs & Higher Efficiency: Reduces administrative burdens and improves workforce productivity.
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Expert Support & Pre-Configured Modules: Helps businesses avoid inefficiencies and optimize benefits administration.
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Enhanced Employee Satisfaction: A seamless, intuitive platform for benefits management.
By integrating Workday Benefits Administration, Strada is enabling organizations to unify HR, payroll, and benefits into a single solution. This approach reduces costs, improves accuracy, and enhances the employee experience, making it a valuable investment for companies looking to streamline their operations.
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