Internal management solutions leverage on technology, to simplify and fast track internal processes to achieve set goals within the company. This allows the firm to streamline pre-existing processes enhancing operational efficiency across all functions.
The solution serves as an employee engagement solution which provides continued monitoring and analyzes relevant factors to produce a sophisticated evaluation on employees’ engagement and satisfaction levels within the company.
The solution rewards positive employee efforts and increases employee satisfaction, in turn resulting in a higher employee retention rate and productivity.
Find out more at www.ey.com/sg/fintechhub.
For enquiries, contact us via email at fintech@sg.ey.com.
1. Employee engagement and empowerment
Case study
Context:
A banking client was looking for solutions to
seamlessly integrate central employee
management platform that is able to provide
solutions for the following challenges:
• Nomination workflow customization
• Redemption catalog
• Reporting and analytics
• Engagement features
• Lack of recognition modules
Client’s existing system set-up:
• SAP success factors (HRMS)
• Healthify (health and wellness app)
Recommended configuration:
• Easy-to-use, scalable and secure software-
as-a-service (SaaS) platform to manage
employee and business partners rewards,
and performance.
Client impact:
• Bank successfully implemented a central
employee management system that
provides real-time monitoring on key
employee indicators
• Multi-factor reporting that covers different
aspects of employee engagements (i.e.,
employee satisfaction survey report, mood
and engagement report, and so on)
• Improved engagement and productivity
• Better rest and recreation (R&R) spend and
return on investment (ROI)
Contact us
Challenges faced by human resource teams
Building a corporate culture Improving attraction and retention
Maximizing employees fulfilment
and well-being
Driving employee ownership and
engagement
Improving performance and
productivity
Rewarding and recognizing
employees efforts
Varun Mittal
EY Global Emerging Markets FinTech
Leader
varun.mittal@sg.ey.com
Leading-edge tech capabilities
• Cloud-based system
updated on real-time
basis
• Secured sharing and
collaboration
• Dashboard interface
to allow effective
monitoring
Cloud data storage API integration
Data analytics
visualization
Reward platform framework and solution
Reward strategy
1
• Defining reward
objectives
• Recognition analysis
• Defining nomination
workflows
• Cost optimization
and process
efficiency
System integration
2
• Automation of
operational
processes
• Integrated
engagement,
rewards and
nomination platform
• HR, CRM, sales and
marketing
integration
Continuous
monitoring
3
• Automated
engagement KPI
reporting
• Employee mood and
engagement report
• Employee survey
reports and analysis
Robust, multi-functional payment solution
Social
Organization
wide
proliferation
Mobile
Real-time
recognition
Analytics
Live analytics and
insights
Perks
Flexible, scalable
and cost-effective
Website: www.ey.com/sg/fintechhub
Email: fintech@sg.ey.com
Sahil Gupta
EY ASEAN FinTech Manager
sahil.gupta@sg.ey.com