People to Work Management for Financial Services Co.

Best fit to the requirements. Happy and confident about Workrig. Confident about future requirements to be met by Workrig.

Shripad Kulkarni - KPCA
A Large Financial Services CompanyABOUT THE COMPANY

Division of a large IT company, they are one of the largest Chartered Accountancy firms in the Western part of the country. They have offices in and around India along with Global locations in Africa. Being a chartered accountancy firm, they have resources working out of their office locations at the same time at client locations. Interns and Auditors form a significant % of the company’s workforce which means a highly mobile workforce requiring tracking.

HCM

Core HR functions, from Onboarding to Retiring.

Project & Portfolio Management

Work Management on your finger tips.

Error free just in time Processing

Payroll and Compliance

WORKRIG FOR FINANCIAL SERVICES
A few pain areasCHALLENGES

One significant challenge was managing timesheets. This further complicated matter since Project Management was not in places. Most of the work was managed using excel sheets, which was not only an inefficient way to manage work, but also required to be shared with resources through the e-mail service, delaying salaries, leave, reimbursement other than the all-important project tracking.

Need for the best solutionSOLUTION

Workrig was selected due to its ability to work with both People and Work Management, that meant both HR and PPM were to be used. A rare combination, Workrig’s integrated ability to even process bills and update receipts. A comprehensive solution, with integrated Timesheet and Payroll Management with the extremely complex workflow was designed. Staged implementation with modular releases were planned, with the complete project released for full usage. A time intense solution was designed since resources were not ready to work on Timesheets on a daily basis, which meant that Timesheets were filled mostly on 1-2 days, while processing in a day or two. The entire activity also meant large processing of data with intrinsic calculations for Costing & Analytics.

2-3x

Improvement in Performance

40%

Reduction in Processing Time

90%

Improvement in Accuracy

How one benefits?OUTCOME

Today the software not only processes but provides critical analytical data for decision support across various data points, thus becoming an extremely robust and efficient system for managing People and Projects. Data is analyzed for HR, Cost Control, Project Performance.