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Kuwait Finance House completes implementation of Oracle Human
Resources Management Systems
Oracle Corporation, the world's largest enterprise software
company, announced today that the Kuwait Finance House has
completed the deployment Oracle Human Resources Management
Systems and Payroll modules of the Oracle E-Business Suite.
Kuwait Finance House was established in 1977 and is considered
one of the world's largest and most respected Islamic Financial
Services Groups, with operation in over 10 countries and number
of employee's counts for more than 1600 and total assets of over
$10 Billion.
The E-Business Suite modules included in the project were Oracle
HRMS (Human Resources Management System), Payroll, Oracle
Training Administration, Oracle Self Service and Oracle Business
Intelligence. The broad implementation automates all aspects of
routine human resources management and allows Kuwait Finance
House to devote more time and investment to its customers and
business development opportunities while enabling its employees
to update and manage their own records in self-service resulting
in more accurate and up to date.
Mr. Jassar Al-Jassar, General Manager, Kuwait, Finance House,
said, “ Kuwait Finance House is one of the largest and more
geographically widespread Islamic financial institutions, so
automating our human resources processes provides a single
perspective on all our staffing resources across the board and
allows us to shift focus from administration to strategic
planning.”
“We are a major financial institution operating in a very
competitive field, and we are striving to offer our clients the
best services possible, therefore, we have to take advantage of
the latest available solutions and technology to achieve our
goal, Oracle is the answer.” Added Mr. Al Jasser.
Mohd Al Jallal, Kuwait Finance House Project Manager, commented
on the selection of Oracle HRMS by saying, “ We selected Oracle
after thorough study of our needs and all available options by a
panel of highly respected experts, Oracle V.11.5.9 was the only
logical solution and was unanimously selected. The biggest
companies rely on Oracle to simplify and streamline business
processes. By choosing an integrated human resource approach,
with modules covering various functions from Payroll to
Training, KFH has secured long-term cost and efficiency
savings.”
Ahmed Qal Hoqal, HR Manager of Kuwait Finance House said, “By
implementing Oracle we have increased efficiency in HR business
process.” On the other hand, Mohd Al Wassif, KFH HR Consultant,
confirmed that choosing Oracle was a key factor in achieving the
best standard available in streamlining HR business practices,
which is a major objective of his department.
Kuwait Finance House entrusted Oracle's partner APPSLINK with
the task of deploying Oracle Human Resources Management System,
for its proven technical capabilities and its deep understanding
of the KFH business.
Mohammed Muwafaq APPSLINK Oracle Practice Manager expressed his
pride for being associated with Oracle and assigned by KFH to
deploy Oracle HRMS by saying: “We are proud of being associated
with Oracle and to be entrusted by KFH to deploy Oracle HRMS,
which empowers organisations with tools to find, extract, and
analyze data related to human capital. This Oracle HR
intelligence readies the organisation to rapidly deploy the best
resources for maximum employees productivity, satisfaction and
retention. The trust KFH laid on APPSLINK will be met with a
commitment and technical support from our side to ensure that
KFH will get excellent return on their IT investment.” Mr. Saeed
Al Ibrahim, KFH IT specialist, confirmed that the selection of
APPSLINK to implement Oracle HRMS was key factor in the success
of this project
Husam Dajani, Vice President, Oracle, Middle East & Africa
said:” The selection of Oracle Human Resources Management
Systems by KFH and its deployment by Oracle's Partner APPSLINK
is another proof of the success of the Oracle/Partners formula.
It is also clear demonstration of Oracle's commitment to the
advancement of the region and Oracle's support for its large
business customer base. I am glad that KFH joined a long list of
Oracle's happy HRMS customers, which includes among others,
Emirates Airline, Emirates Bank Group, Bahrain Government, Dubai
Chamber of Commerce, Al Bank Al Saudi Al Faransi, Arab Petroleum
Investment Corporation and Riyadh Bank.”
The Oracle E-Business Suite Human Resources Management family of
applications automates the entire recruit-to-retire process, so
organizations can align their human talent with strategic
objectives. A unified data model provides a single, accurate
view of human resources-related activities, including learning,
compensation, and real time analytics. |
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