Workday
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A Workday Case Study
Ascendex Underwriters, an AI-native managing general underwriter (MGU), needed a unified financial platform to support its rapid scaling without building a bloated corporate structure. They required a system that offered real-time visibility, automation, and financial control from the outset, with no tolerance for disconnected systems. They selected Workday Financial Management for its flexibility and scalability.
Using Workday's Launch Now methodology, Ascendex deployed the Workday solution in under two months, establishing a fully functional finance operation before its first revenue. The implementation automated key processes like reconciliations and expense tracking, providing centralized financial reporting and real-time data for decision-making. This allowed Ascendex to stay lean, reduce cost creep, and focus on growth, giving them a competitive edge with enterprise-grade technology trusted by large global insurers.