Case Study: Material Holdings, LLC streamlines operations and improves financial visibility with Workday

Material Holdings, LLC cuts time-to-close to 7 days with Workday

Material Holdings, LLC, a global brand strategy and customer experience firm, faced operational challenges after numerous acquisitions left it with approximately 50 disparate finance and HR systems. To increase productivity and collaboration, the company turned to Workday to implement a unified platform, including Workday Financial Management, Human Capital Management (HCM), and Professional Services Automation (PSA).

By consolidating onto the integrated Workday system, Material streamlined its operations, automated tasks, and gained a holistic view of its data. The solution reduced the financial close cycle to just seven days and freed up employee time by expediting processes like expense reporting. Workday PSA provided enhanced project management and profitability analysis, leading to better staffing decisions and a unified, end-to-end view of operations from quote-to-cash.

Material Holdings, LLC