AFREXIMBANK: Building a modern approach to better manage Talents with SAP SuccessFactors

Objectives

• Build a system of engagement rather than a system for merely managing employee transactions

• Establish a pay for performance culture Automate, simplify, and create a more effective goal-setting process

• Streamline the performance appraisal process, and enable meaningful feedback

• Reduce administrative tasks for HR administrators

• Provide easier and more efficient ways for employee learning and development

Key Challenges

• Inefficiencies and delays in managing employee goal-setting and performance appraisal process

• High cost incurred due to poor allocation of compensation budget to the right performance

• High reliance on Excel Sheets and paper-based human resource processes

Implemented Solution

• Deployment of SAP SuccessFactors Solution for Performance and Goals, Compensation and benefits, Learning and Succession & Development

• Integrating ”SAP SuccessFactors LMS” with the leading Learning content platform “Coursera”

• Implementing ECS Online Time Management Solution (OTMS) - a user friendly solution for employee time collection and SAP certified interface HR-PDC