PeopleWise

Home > Solutions > PeopleWise

Overview

Managing their human resources and other stakeholder groups – shareholders, management, compliance monitoring agencies, etc. –is a complex task for banks. Without productive stakeholder engagement, an organization cannot grow. Given the disparate relationship management demands, banks require an effective IT system that supports fact-based decisions, targeted actions and timely compliance reporting.

PeopleWise is a unified, versatile HR and HO application that provides management with a wide range of tools at a low total ownership cost. It addresses the requirements of all stakeholder groups – Shareholders, Employees, Customers and Management. Standard and customized reporting options assist in generating statutory returns statements and providing MIS to assess performance and establish priorities for speedy, better-informed management decisions.

  • PeopleWise has a modular construction that helps users to select the functions they need and then add or change them according to their requirements. Functions include –
    1. HR and Personnel
    • Shareholder Management
    • Employee Information, Calculation of Salary, Overtime and value of Perquisites
    • Payroll Management & automated pay slip printing
    • Leave Accounting, Salaries, Benefits and Deductions accounting
    • Muster Maintenance
    1. Shareholder/ Membership class
    • Shareholder/ Membership class definition
    • Shareholder/ Membership Information (with photographs and specimen signatures)
    • Share Accounting & Amalgamation of shares
    • Dividend transactions and accounting
    1. Financial
    • Trial Balance- Branch-wise and consolidated
    • Reconciliation
    • P & L reports
    • Liquidity Management
    1. Reporting
    • Fixed and Movable Assets Management
    • RBI and other statutory reports,
    • MIS, as required by the user

PeopleWise uses J2EE and Oracle on an open technology platform to easily integrate existing systems.

PeopleWise offers unrivaled capabilities that make it the ideal governance tool:

  • It is fully user-configurable and extensively parameterized
  • It is flexible and helps banks to adapt to the changing business environment
  • It lets banks take a 360-degree view of their operations, assess performance, and monitor and control their systems and procedures.

  • It enables easy reporting of statutory compliance.

Do You Want To Develop Your Business with Us?

Get In Touch Now