21 August 2007
Abu Dhabi Fund for Development (ADFD) is set to empower its management and drive workforce efficiency backed by Oracle's industry-leading human-resource management system (HRMS). As well as being the first implementation of its kind in the region, the Oracle HRMS solution was implemented in record 30 days, ADFD said in a statement.
ADFD's main activity is to provide economic assistance in the form of confessional loans, grants or contributions to project capitals. With more than 240 projects in 55 countries, the fund owns equities in more than 11 organisations in Egypt, Morocco, Oman, Tunisia and Bangladesh.
"ADFD, which provides conventional development aid to Arab, African and Asian countries, has provided over $5.7 billion in aid to over 240 projects," said Ahmed Sari al Mazrouei, fund general manager. "We make a real contribution to the development of infrastructure in some of the world's poorest nations.
"With our global workforce, it is imperative that we have a reliable and robust HRMS in place to support all our endeavours. By implementing the Oracle solution, we were able to strengthen the fund inside out, aligning a workforce with strategic objectives."
The components of Oracle's HRMS include Oracle payroll, human-resource HR) self-service and BI enterprise publisher (Fusion). By installing the system, ADFD has increased its operational efficiency.
"The fact that this implementation was complete in a record 30 days will drive the fund to align its workforce with its business objectives, control and lower employee and administration-related costs, manage workforce risk and manage its globally integrated workforce.
"The systems will also empower managers through its decentralised decision making and automate all HR and payroll processes leading to a paper-less organisation," said Hussam Dajani, senior vice-president, Oracle Middle East and Africa. Oracle's implementation partner Appslink provided turnkey solutions from consultation to delivery and implementation.
"We adapted the system to integrate with Oracle Financials and billing applications with zero customisation," said Mohamed Mowafaq, consulting manager for AppsLink. The web-based Oracle HR Self-service will boost productivity, allowing users faster online access to human-resource data and updating their own profiles, thereby lowering costs and increasing reliability of records.
This web-based solution is less costly to maintain and suffers fewer breakdowns. With better access to informationm ADFD will make better use of its workforce and find new opportunities to manage operations more effectively."
Abu Dhabi Fund for Development (ADFD) is set to empower its management and drive workforce efficiency backed by Oracle's industry-leading human-resource management system (HRMS). As well as being the first implementation of its kind in the region, the Oracle HRMS solution was implemented in record 30 days, ADFD said in a statement.
ADFD's main activity is to provide economic assistance in the form of confessional loans, grants or contributions to project capitals. With more than 240 projects in 55 countries, the fund owns equities in more than 11 organisations in Egypt, Morocco, Oman, Tunisia and Bangladesh.
"ADFD, which provides conventional development aid to Arab, African and Asian countries, has provided over $5.7 billion in aid to over 240 projects," said Ahmed Sari al Mazrouei, fund general manager. "We make a real contribution to the development of infrastructure in some of the world's poorest nations.
"With our global workforce, it is imperative that we have a reliable and robust HRMS in place to support all our endeavours. By implementing the Oracle solution, we were able to strengthen the fund inside out, aligning a workforce with strategic objectives."
The components of Oracle's HRMS include Oracle payroll, human-resource HR) self-service and BI enterprise publisher (Fusion). By installing the system, ADFD has increased its operational efficiency.
"The fact that this implementation was complete in a record 30 days will drive the fund to align its workforce with its business objectives, control and lower employee and administration-related costs, manage workforce risk and manage its globally integrated workforce.
"The systems will also empower managers through its decentralised decision making and automate all HR and payroll processes leading to a paper-less organisation," said Hussam Dajani, senior vice-president, Oracle Middle East and Africa. Oracle's implementation partner Appslink provided turnkey solutions from consultation to delivery and implementation.
"We adapted the system to integrate with Oracle Financials and billing applications with zero customisation," said Mohamed Mowafaq, consulting manager for AppsLink. The web-based Oracle HR Self-service will boost productivity, allowing users faster online access to human-resource data and updating their own profiles, thereby lowering costs and increasing reliability of records.
This web-based solution is less costly to maintain and suffers fewer breakdowns. With better access to informationm ADFD will make better use of its workforce and find new opportunities to manage operations more effectively."
By Business Correspondent
© Bahrain Tribune 2007
