Wipro Infotech has announced that it will re-engineer the HR processes of J&K Bank. The new Oracle’s PeopleSoft Enterprise HCM 9.0 will help J&K Bank to derive significant benefits by enhancing the business processes and reducing personnel manpower.
Some of the modules implemented by Wipro include Talent Acquisition Manager and Candidate Gateway (Recruitment), Administer Training, eDevelopment, ePerformance, eProfile Manager Desktop, eProfile, Profile Management, Global Payroll for India, Absence Management and Approval Workflow Engine.
As a result of this implementation all the zones and branches are connected to the centralised HR system and a fully customised claims management system has been deployed to facilitate the claims process, which also includes an interface to Oracle’s PeopleSoft Enterprise Payroll. Further, the Workforce Scorecard designed from the Performance Management System (ePerformance) provides an analytical and pictorial platform to gauge employee performance. Future strategy has also been proposed to the bank to facilitate adding of non-computerised / non-automated branches or zones into the PeopleSoft payroll and absence system.
Dr Haseeb A Drabu, chief executive officer (CEO) J&K Bank on the launch of JKB Peoples System said, “In today’s competitive world, it is important to streamline processes through an effective implementation of technology. In these difficult times, it is imperative to cut down processes so as to increase efficiency. We are confident that by using Peoplesoft HCM package we will manage significant productivity gains and be even more employee centric.”
Speaking on the occasion, Sairaman Jagannathan, vice president and business head – Business Solutions Division, Wipro Infotech, said, “We are happy to have re- engineered the HR processes of Jammu and Kashmir
Bank. We have replaced the old manual HR system to centralise the HR information, thereby, improving efficiencies in their HR processes and systems. We are positive that Oracle’s PeopleSoft Enterprise HCM 9.0 will help J&K Bank to derive significant benefits by enhancing the business processes and reducing personnel manpower.”
Said Samir Sathe, director, Financial Services Industry, Oracle India, “I congratulate J&K Bank and Wipro, a member of the Oracle PartnerNetwork, for implementing an integrated human capital management system and a global single instance for over 8000 employees. J&K Bank will benefit from HR best practices that are already built into Oracle’s PeopleSoft Enterprise applications.”