RaceTrac Vice President of Accounting Merlix Reynolds recently had a conversation with Bob Evans exploring how RaceTrac leverages Workday technologies. RaceTrac has gone from using a cumbersome manual system to the adoption of Workday’s unified platform. Merlix shared insights into the impact of this technological evolution on financial operations, workflow automation, and data-driven decision-making.
RaceTrac and Workday | A Unified Platform
The Big Themes:
- Workday’s impact: The adoption of Workday’s unified platform, encompassing both HCM and financials, has played a pivotal role in RaceTrac’s ability to streamline processes, reduce post-processing time, and enhance overall efficiency.
- Cultural shift: Implementation has not only brought technological benefits but also triggered a cultural shift within RaceTrac. Employees are now more comfortable engaging with data, seeking information, and collaborating with the accounting team, fostering a more collaborative, informed decision-making environment.
- Quick adaptability: The adaptable nature of Workday’s platform allows RaceTrac to swiftly adapt to changing business needs. The company can integrate new data, work with different modules, and implement changes in as little as a month, providing a nimble response to evolving requirements.
The Big Quote: ” I think that the fact that we have a single source of truth, and a digestible, understandable product … [where] I can really understand the flow of data — where it’s coming from, the nuts and bolts of it — really helps me sleep better at night.”
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