Workday Consultants for Loaning Firms
At DanDee Consulting, we work directly with mid to large-scale UK financial institutions — retail banks, loan originators, credit unions, and private lenders — to help them fix what’s broken in their Workday ecosystem or build it right from the start. Whether you’re migrating from legacy ERP or cleaning up a rushed deployment, we step in with surgical precision.
Our Services
We deliver technical Workday consulting for UK-based loaning firms that need measurable fixes — not vague reports. Whether you’re working with a broken tenant, mid-deployment chaos, or a system that’s “live” but useless, we bring practical resolution. We’ve rebuilt Workday configurations for challenger banks, credit unions, non-bank lenders, and retail finance providers across the UK.
From Workday Financial Management cleanups to full Workday integration with loan origination systems (LOS), we go inside the tenant, isolate failures, and make your ERP system reliable again. If it’s not reconciling, not reporting, or not aligning with your risk and compliance framework — it doesn’t stay that way.
ERP-to-Workday Migrations That Don’t Break Accounting Logic
Most loaning firms we meet are migrating from legacy finance systems like Sage 200, Oracle Financials, or homegrown setups riddled with Excel macro workarounds. That’s fine — until those legacy models crash into Workday’s object-driven structure.
We restructure your General Ledger, remap your Chart of Accounts into Workday’s Worktag architecture, and build reporting hierarchies that reflect how your finance team actually operates — not what a software vendor assumed.
What we solve:
- Redundant or conflicting ledger accounts resulting in misstatements
- Incorrect or missing Organisational Assignments (Cost Centres, Companies, Regions)
- Broken allocation logic that causes your financial statements to drift every close cycle
UK-specific scenario: A regional lender in Manchester experienced a 10-day delay in monthly financial closure due to 14 unresolved journal reclassifications. After our rebuild of their Worktag hierarchy and source-based journal logic, we brought their closing process down to 3.5 days — with automated reconciliation checkpoints built into their month-end Business Processes.
Technical outcomes:
- 78% reduction in manual journal corrections in the first 90 days
- Clean COA structure that maps directly to HMRC-compliant reports
- Worktag consistency across FDM (Foundation Data Model) and custom reports
Workday Studio Integrations for LOS & Lending Platforms
Accounting in Workday only works if you set it up correctly from the start. And most don’t. We rebuild Journal Sources, clean up faulty accounting rules, and plug leaks in Worktag applications that allow bad data to pass through reports.
Where we intervene:
- Incorrect Custom Validations that cause posting failures
- Hardcoded Accounting Rule Sets that don’t reflect product-based accounting (secured loans, unsecured lending, insurance add-ons)
- Incomplete mapping of Revenue Recognition policies across disbursement stages
Technical gains for lenders:
- Lockdown on exception-based transactions using Journal Line Type Configurations
- Zero variance between subledger and GL outputs
- Reconciliation checkpoints embedded directly into Business Processes
One UK auto-finance firm reduced its audit adjustment volume by 92% post-rebuild. Their CFO no longer relies on an external spreadsheet just to match GL totals — Workday outputs are audit-ready by default.
Workday Financial Management That Holds Up Under Audit
Accounting in Workday only works if you set it up correctly from the start. And most don’t. We rebuild Journal Sources, clean up faulty accounting rules, and plug leaks in Worktag applications that allow bad data to pass through reports.
Where we intervene:
- Incorrect Custom Validations that cause posting failures
- Hardcoded Accounting Rule Sets that don’t reflect product-based accounting (secured loans, unsecured lending, insurance add-ons)
- Incomplete mapping of Revenue Recognition policies across disbursement stages
Technical gains for lenders:
- Lockdown on exception-based transactions using Journal Line Type Configurations
- Zero variance between subledger and GL outputs
- Reconciliation checkpoints embedded directly into Business Processes
One UK auto-finance firm reduced its audit adjustment volume by 92% post-rebuild. Their CFO no longer relies on an external spreadsheet just to match GL totals — Workday outputs are audit-ready by default.
Workday Security Rebuilds for FCA-Regulated Environments
You can’t operate a loaning firm in the UK without tight access controls, especially when dealing with regulated payroll, sensitive financial data, or protected borrower information. But Workday Security tends to be the first thing rushed through or entirely misunderstood during deployment.
What we do:
- Rebuild Domain Security Policies (DSPs) to isolate sensitive financial and HR data
- Configure Segmentation Security by product type, location, and operational role
- Enforce SoD (Segregation of Duties) with real-time monitoring
Risk resolved: A private lender with operations in the UK and Channel Islands had HR admins with access to regulated loan processing screens. After our audit and rebuild, their system met all FCA audit requirements — passing their compliance inspection with zero flagged violations.
Workday PMO & Deployment Recovery
If your Workday deployment is dragging, bloated, or “nearly live” but not usable — we step in and recover the project. Our PMs have direct Workday config experience — they won’t let your project slip because a vendor missed mapping three critical Business Processes in HCM or Financials.
Where we take control:
- Rebuild of RAID logs to reflect actual delivery risk
- Tracking Sprint velocity vs. tenant config status
- Re-alignment of scope based on object completeness in the tenant
We’ve stepped into UK projects that were 5 months overdue, burned half the budget, and still couldn’t post a single payroll. Average recovery window? 34 business days. Once we take over, the bleeding stops
Staff Augmentation – Workday Admins with Domain Knowledge
You don’t need another consultant who’s “certified” but has never touched a live tenant under regulatory scrutiny. We deploy Workday-certified experts who have supported actual loan origination, loan servicing, and financial reporting cycles — within FCA-registered firms.
Roles we place:
- Workday Finance Configuration Analysts
- Workday Studio Developers with LOS integration experience
- Security & Reporting Analysts with SoD conflict resolution experience
They don’t need weeks to ramp up. They know what a misaligned FDM looks like. They know what happens when Payroll doesn’t reconcile. And they know how to fix it.
What Problems Do We Actually Solve?
You’ve likely hit one or more of these already:
- Workday reporting doesn’t match what your Finance Director sees in Excel
- Your loan officers are triggering payroll exceptions with bad data
- Bank reconciliations in Workday are manual, inconsistent, and always late
- Your current Workday consultant is still “investigating” an issue from two months ago
These are the situations we fix. And we fix them fast.
Why Loaning Firms Choose Us Over the Big Names
Because we don’t bring 10 juniors and a bloated PowerPoint. We bring two senior Workday pros and a working solution.
We’ve delivered for:
- Peer-to-peer lending platforms migrating off Oracle
- Challenger banks needing audit-proof financial reporting in Workday
- Credit unions merging HCM + Financials with zero overlap in permissioning
FAQs
Yes. We’ve handled VAT rules across multiple jurisdictions with custom tax authority mappings and differentiated journal source logic.
Yes. We run SoD conflict reports, rebuild security domains, and enforce principle-of-least-privilege without locking your teams out of what they need.
Yes. We’ve built Workday Studio integrations with APIs, flat files, and even old SOAP-based endpoints. Data flows bi-directionally with retry logic baked in.
No. We are intervention specialists — not your admin staff. Once fixed, we show you how to maintain it — or hand it off to a support vendor.
Depends on scope. We’ve done turnarounds in 3 weeks and full rebuilds in 3 months. We don’t drag.
You're Already Paying for Workday – It Should Work
If your Workday setup is slowing down finance, causing compliance issues, or creating more manual work than it solves, the longer you wait, the more it’s costing you.
We don’t waste your time with fluff or “discovery workshops.”
We review your tenant, identify what’s broken, and tell you what it’ll take to fix it.
You’ll know within 30 minutes if we can help — and if we can’t, we’ll say so.
Want a Workday system that actually works for your loaning firm?
Book a direct call. No forms. No junior sales reps. Just answers.
We'd Love To Hear From You!
If you have any questions, please do get in touch with us!
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