IRDA gets on with SAP ERP

HYDERABAD, INDIA: Mahindra Satyam has signed a contract today to implement SAP ERP for the Insurance Regulatory and Development Authority (IRDA). 

Dilip Jha, Senior Vice President, Business Head — Middle East, Africa & India, Mahindra Satyam, said, “This prestigious contract with IRDA reiterates not only our capacity to address the specific needs of the insurance industry, but also underlines the upshot of our strategic partnership with SAP and our expertise in implementing enterprise ready SAP solutions. We look forward to helping IRDA deliver fast, accurate business decisions and provide exceptional value to its numerous employees more effectively."

Mahindra Satyam’s implementation of the ERP system will include human resource management, payroll, self-service portals, accounting modules, connected hardware & software and providing post implementation support. This will help IRDA standardize and automate business processes across its units, thereby enabling faster decision making, providing enhanced financial reporting. The solution will help automate most organizational functions and provide improved business processes for IRDA.