Home / KFH reduces operating costs with Oracle HR rollout

KFH reduces operating costs with Oracle HR rollout

With Oracle HRMS deployed the Islamic financial institution will enhance its efficiency and reduce its costs per employee.

In an effort to enhance its overall business processes and increase its efficiency, Kuwait Finance House (KFH) has deployed Oracle’s Human Resource Management System (HRMS).

With the system implemented the Islamic financial institution hopes to enhance its efficiency and reduce its costs per employee.

“Streamlining back-office processes is critical to a bank’s overall service and profitability, as greater efficiency and lower costs enable organisations like KFH to better serve our customers as well as our employees,” said Abdulla Al Suwaiti, KFH’s human resources & services department manager.

“The human resources solution will enable us to significantly reduce administrative procedures, optimise our staff, and improve the speed and effectiveness of business,” he added.

Oracle’s local partner Rekaz Systems carried out the project, which will connect 1,250 employees to the system.

“After a competitive bidding process, the bank chose Rekaz Systems as its technology partner for this project based on the company’s proven experience in understanding the needs of financial businesses and delivering superior solutions to fulfil them,” said Esam Al-Kheshnam, Rekaz Systems’ sales director.

“In the case of KFH, in particular, we ensured that the IT solution provided was localised to conform to Kuwaiti law and customised to meet KFH business requirements,” he added.

Follow us to get the most comprehensive technology news in UAE delivered fresh from our social media accounts on Facebook, Twitter, Youtube, and listen to our Weekly Podcast. Click here to sign up for our weekly newsletter on curated technology news in the Middle East and Worldwide.

REGISTER NOW | Webinar Event | Security you can bank on – Safeguarding the Middle East’s financial sector

Presented in partnership with security and network specialist Cybereason, the second in the three part webinar series will bring together a panel of experts to discuss how banks and financial institutions are evolving their service offering while simultaneously staying one step ahead of the cyber criminals who seek to bring their operations crashing to the ground.