J&K Bank goes 'Peoplesoft' for HR management

BANGALORE, INDIA: Wipro Infotech, the India and Middle East IT Business arm of Wipro Ltd, announced today that it has implemented Oracle's PeopleSoft Enterprise Human Capital Management 9.0 for Jammu & Kashmir Bank.

It will help streamline the HR management of the bank, which has an employee force of more than 8,000, said a press release. It will also enable the cutting down of paper work to a major extent and reduction of manual work thereby lending alacrity to HR processes.

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 centralized HR system and a fully customized claims management system has been deployed to facilitate the claims process, the release added.

This system 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.

"In today's competitive world it is important to streamline processes through an effective implementation of technology,” said Dr Haseeb A Drabu CEO J & K Bank.

“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,” he added.

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 & Kashmir bank. We have replaced the old manual HR system to centralize the HR information thereby improving efficiencies in their HR processes and Systems."

Samir Sathe, director, financial services industry, Oracle India, who was present on the occasion, congratulated J & K Bank and Wipro for implementing an integrated human capital management system and a global single instance for over 8000 employees.