HR and talent management functions at Bajaj Finance Limited (BFL) were managed through a host of legacy and stand-alone systems. The systems offered limited self-service, leading to higher turn-around-time for processes, across employee life cycle events from hire to separation, such as claims processing. Disparate processes hindered timely availability of accurate employee information. Information silos restricted access to business insights such as nature of claims and expenses. BFL needed a solution that can unify processes for greater agility while ensuring superior employee experience.
BFL was looking to transform HR and talent management processes by bringing in next generation employee experience. Driven with a need to harness talent, they selected CHROMA™, TCS’ HR and talent management solution on the cloud, unifying and digitizing end to end processes on a single platform including recruitment, on-boarding, organization & people management, leave management, competency, career, performance, business expenses, and payroll. The solution enabled BFL to closely align HR policies with business priorities. It empowered employees with valuable insights, through embedded reporting, enriching decision-making process. Process digitization, such as shortlisting of resume for job applications, digitization of letters for employee life-cycle events, and online expense claims, created consistent HR-services experience for the employees. TCS’ integrated HR and talent management platform ensured enterprise wide visibility into talent base. TCS’ cloud based, modular and scalable solution, with a single point of accountability, simplified the digital HR transformation for BFL
“ We have unified and digitized HCM processes on cloud with TCS CHROMA”
Anupam Sirbhaiya, Chief of Human Resources & Administration, Bajaj Finance Limited
Drive business agility & scale, with next-generation employee experience, for greater value