Case Study: Beneva unifies HR and finance to speed future mergers with Workday

Beneva unifies two insurers in 18 months with Workday

Beneva, Canada's largest mutual insurance company, faced the dual challenge of integrating two distinct entities, La Capitale and SSQ Insurance, while navigating market pressures. They needed to replace their outdated legacy HR and finance systems with a unified operational foundation to build resilience and accelerate growth. They chose Workday to standardize their people and financial processes on a single, modern platform.

By implementing Workday Financial Management and Workday HCM, Workday provided Beneva with a cohesive platform for real-time financial reporting and centralized talent management. This enabled tighter cost control, improved workforce agility, and simplified cross-provincial compliance. The solution equipped Beneva to integrate future mergers much faster, with the confidence to complete their next planned merger in just a few months—a process that previously took 18 months.

Beneva