After a series of acquisitions, a Leading Asian Banking Group needed to standardize its HR processes across multiple countries in which it operates and update its HR technology. Accenture helped implement Oracle PeopleSoft 9.2 for the bank’s HR systems, which has established better integration between core functions in the bank (including Finance, Risk and Payroll) as well as establishing standardized global processes across all business units and geographies. The bank’s transformed HR capability led to more efficient and consistent global HR processes, a reduced cost of ownership, greater payroll accuracy, and extended use of cost-effective and responsive self-service options for its employees. The transformation provides an enhanced level of HR support to support the bank’s growth strategy across the Asia-Pacific region and more effectively manages technology costs.
This Leading Asian Banking Group is one of the largest banks in its region, providing a wide range of financial and insurance services.