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Wednesday, February 2, 2011

KHUSHHALI BANK LOWERS ITS OPERATING COST BY DEPLOYING ORACLE HUMAN CAPITAL MANAGEMENT


Khushhali bank , Pakistan’s premiere microfinance bank, has successfully deployed Oracle Human Capital Management enabling its HR Department to expedite the recruitment process and evaluation of its staff performance. 

Khushhalibank has replaced a range of legacy standalone third party and in-house developed applications across various branches with Oracle Human Capital Management, a component of the Oracle E-Business Suite Release 12, enabling the management to organize HR system while making some of the manual processes completely paper free. 

“Prior to deploying Oracle Human Capital Management, our managers had to perform several HR tasks manually or using standalone systems which made it hard for them to maintain and process HR information,” said Ghalib Nishtar, President Khushhali bank. 

“With the unified view of integrated HR information, we are able to assess even individual attributes such as compensation, performance, learning competencies and benefits enabling us to get the most out of our workforce while spending minimum time and effort,” he added. 

The Oracle E-Business Suite Release 12 provides organizations of all sizes, across all industries the ability to reduce costs and increase productivity through a portfolio of rapid value solutions, integrated business processes and industry-focused solutions. 

“Organizations across the globe have been relying on Oracle Applications to have an integrated platform to address growing needs of businesses.” said Ahsen Javed, Managing Director, Oracle Pakistan and SAGE W. 


“Our Award-winning solution - Oracle Human Capital Management has enabled Khushhali bank to keep employees’ information accurate and accessible and use the resources efficiently while reducing the cost to help the bank maintain a prominent place in the industry,” he added.

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