Case Study: Morningstar achieves streamlined global HR and automated payroll with Collaborative Solutions' Workday implementation

Morningstar - Customer Case Study

Morningstar, a global investment research firm founded in 1984 and operating in 27 countries with over $180 billion in assets under management, faced growing operational strain after a series of acquisitions and its 2005 IPO. Company-wide information was siloed, payroll was processed manually each period, and limited visibility across offices caused miscommunication and inefficiencies that hindered a unified global workforce.

Collaborative Solutions replaced Morningstar’s legacy systems with Workday Core HCM (including Absence, Benefits, Compensation, and Performance Management) in a seven-month, on-time and on-budget rollout that went live in September 2012. The implementation automated US payroll, created transparency across regions, increased productivity through standardized processes, and quickly made Morningstar self-sufficient; Collaborative Solutions continues to support adoption and ongoing Workday optimization.

Morningstar

Joan Schaper

Director of Data & Development Centers and Human Capital International Business