Editorial photograph of a Fortune 500 financial services operations team reviewing the Workday framework
Case Study · Workday · Fortune 500

Fortune 500 Financial Services. Forty percent discount on the Workday framework.

A Fortune 500 financial services group secured a forty percent discount on the Workday framework through Workday contract negotiation framework, Workday module framework optimization, and the Workday subscription term framework.

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A Fortune 500 financial services group secured a forty percent discount on the Workday framework through Workday contract negotiation framework, Workday module framework optimization, and the Workday subscription term framework. The Workday framework, the Workday module framework, the Workday user framework, the Workday subscription term framework, and the buyer side moves on the Workday contract negotiation framework across the contracted Workday renewal cycle. Read the related Workday services practice, the Workday knowledge hub, the Workday contract negotiation service, and the Workday benchmarking service.

The customer profile

The customer is a Fortune 500 financial services group with operations across more than thirty countries and approximately seventy thousand employees. The customer's Workday estate spans Workday Human Capital Management, Workday Financials, Workday Adaptive Planning, Workday Procurement, Workday Payroll, and the broader Workday product framework, with material Workday framework across the customer's broader financial services framework.

The customer's Workday framework anchored the broader Workday framework against the publisher's preferred broad Workday framework at the upper customer scale. The customer ran the Workday framework alongside the customer's broader financial services framework, with material commercial sensitivity to the Workday module framework against the customer's actual Workday utilization framework.

The opening publisher quote

Workday's opening Workday renewal framework quote anchored the broader Workday framework at the publisher's preferred broad Workday module framework. The opening Workday renewal framework anchored the customer's Workday framework against the publisher's preferred broad Workday module framework, with substantial Workday module framework escalation against the broader Workday framework.

The opening Workday renewal framework included substantial Workday module framework escalation across the customer's Workday Human Capital Management framework, the customer's Workday Financials framework, the customer's Workday Adaptive Planning framework, and the broader Workday product framework. The publisher anchored the Workday framework against the broader Workday module trajectory rather than the customer's actual Workday utilization framework.

The Redress approach

Redress anchored the Workday framework against the customer's actual Workday utilization framework rather than the publisher's preferred broad Workday framework. The framework segmented the Workday framework across the customer's actual Workday utilization framework, the customer's actual Workday module framework, the customer's actual Workday user framework, and the customer's actual Workday renewal framework.

Redress segmented the Workday module framework across four principal Workday module populations and applied competitive posture across alternative HCM framework, alternative financials framework, and alternative planning framework. The framework anchored the Workday module framework against the customer's actual Workday utilization framework rather than the publisher's preferred broad Workday module framework.

The buyer side moves

Redress applied an eleven move framework across the Workday contract negotiation framework.

  1. Anchor the framework. Anchor the Workday framework against the customer's actual Workday utilization framework rather than the publisher's preferred broad Workday framework.
  2. Segment the estate. Segment the Workday framework across the customer's actual Workday module framework.
  3. Run the module framework. Run the Workday module framework across the four principal Workday module populations.
  4. Negotiate modules. Negotiate the Workday module framework against the publisher's preferred broad Workday module framework.
  5. Build a competitive posture. Build a credible competitive posture across alternative HCM framework, alternative financials framework, and alternative planning framework.
  6. Run the audit framework. Run the broader Workday audit framework against the Workday framework.
  7. Negotiate the user framework. Negotiate the Workday user framework against the publisher's preferred broad Workday user framework.
  8. Apply utilization evidence. Run the Workday utilization framework across the customer's actual Workday utilization framework.
  9. Lock the discount. Lock in forty percent discount across the contracted Workday renewal framework.
  10. Hold continuous optimization. Apply the Workday continuous optimization framework.
  11. Hold the vendor management posture. Run the broader Workday vendor management posture across the contracted Workday framework.

The commercial outcome

The customer secured a forty percent discount on the Workday renewal framework against the publisher's opening Workday renewal framework quote. The framework anchored the Workday framework against the customer's actual Workday utilization framework rather than the publisher's preferred broad Workday framework. The framework delivered approximately forty percent saving across the Workday framework against the publisher's opening Workday renewal framework quote.

The framework also locked in price protection terms across the contracted Workday renewal framework, with the cumulative effect that the customer's Workday framework ran alongside the customer's broader financial services framework. The framework delivered the cleanest commercial framework for the customer's Workday framework, with material commercial leverage at the broader Workday renewal cycle.

How we engage

  • Workday scoping. Six week engagement that scopes the Workday framework, anchors the customer's actual Workday utilization framework, and identifies the immediate commercial moves at the next Workday renewal cycle. Workday services practice.
  • Workday negotiation. Subscription negotiation engagement that handles the Workday framework, the Workday module framework, the Workday user framework, and the broader Workday renewal conversation across the renewal cycle. Workday contract negotiation service.
  • Workday audit defense. Audit defense engagement that handles the Workday audit framework. Workday audit defense guide.
  • Vendor Shield. Always on multi vendor management posture that covers the Workday framework alongside the broader enterprise software estate. Vendor Shield.
  • Run the benchmarking. The Workday benchmarking service anchors the Workday framework against the practice's anonymised Workday benchmarking framework.
Workday Contract Negotiation Guide

Forty pages. The full Workday framework from the practice.

The eleven move framework, the Workday framework, the Workday module framework, the Workday user framework, and the buyer side moves at every step of the Workday renewal cycle.

Used across more than five hundred enterprise software engagements. Independent. Buyer side. Built for IT procurement leaders running the next Workday renewal cycle.

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40%
Workday discount
11 moves
Buyer side framework
3 years
Contracted term
500+
Enterprise clients
100%
Buyer side

Workday framed the Workday module framework as the immediate Workday uplift at the renewal cycle. Redress reframed the framework around the customer's actual Workday utilization framework. Forty percent discount secured against the publisher's opening Workday renewal framework quote.

Vice President IT Procurement
Fortune 500 financial services group
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