Infosys and Metro Bank Collaborate to Modernize Financial Processes with Workday
Infosys Teams Up with Metro Bank for Financial Transformation
In a significant move to modernize financial operations, Infosys, a global leader in digital services, has partnered with Metro Bank and Workday to enhance the bank's financial processes. This collaboration aims to transition Metro Bank's financial operations to a unified cloud-based platform, employing advanced technologies to promote agility, transparency, and efficiency.
The joint effort involves the implementation of multiple Workday products, including Workday Financial Management, Workday Accounting Center, Workday Spend Management, and Workday Prism Analytics. These tools are designed to streamline Metro Bank's financial functions, centralize data, and automate crucial tasks. The outcome is expected to result in quicker financial closings, more accurate insights, and better-informed decision-making processes, while improved control mechanisms will bolster the bank’s risk management and governance.
Marc Page, the Chief Financial Officer at Metro Bank, stated, "Together with Infosys, we are advancing our systems' modernization. Our partnership with Infosys and Workday integrates key financial processes, providing our teams with modern self-service tools and simplifying daily workflows. This sets the stage for sustainable growth and scalability in the future."
Daniel Pell, Vice President and Country Leader at Workday UK and Ireland, emphasized the evolving role of technology in the financial sector. He noted, "Metro Bank's decision to adopt Workday reflects a clear vision: reduce complexity, gain insights, and empower employees. Together with Infosys, we are facilitating a transformation that makes the bank more agile, efficient, and customer-centric."
Dinesh Rao, Executive Vice President and Chief Delivery Officer at Infosys, pointed out the increasing number of financial institutions focusing on cloud-first strategies to improve flexibility and intelligence. He remarked, "Our collaboration with Metro Bank demonstrates how a holistic approach can boost efficiency and agility. More banks are looking to platforms like Workday as keys to sustainable growth and innovation."
About Workday
Workday is renowned for its AI-driven platform, which assists in the management of people and finances. With over 11,000 organizations utilizing its services worldwide, Workday merges advanced technology with operational management, empowering clients across various sectors.
About Infosys
Infosys stands at the forefront of next-generation digital services and consulting, employing over 320,000 professionals who strive to enhance human potential while enabling clients in 59 countries to navigate their digital transformations. With a focus on a cloud-driven future, Infosys aims to instill innovative thinking and operational excellence in the enterprises they serve.
The partnership between Infosys and Metro Bank showcases the transformative potential of digital solutions in the financial sector. By leveraging advanced technologies such as artificial intelligence and cloud computing, the collaboration not only enhances efficiency but also empowers the bank to adapt to the evolving financial landscape.
In summary, this alliance exemplifies how strategic partnerships between technology leaders can revolutionize financial operations, paving the way for a more agile and customer-focused banking experience. The integration of Workday’s cutting-edge tools into Metro Bank's financial framework is poised to create a significant impact in the way financial processes are managed in the digital age.