Human Capital Management Solution

The Bank is seeking a new HCM Solution that would need to be a comprehensive product that at a minimum had the following attributes:

•Cloud software as a service (SaaS) based platform

•Supports all of the Bank’s key human resource (HR) processes, including workforce planning, remuneration and benefits management, performance management, talent management and succession planning, career planning and development, position management, time and attendance, administration of staff data, and employee/manager self-service.

•Provides all of the key HR functionality in a single and/or integrated system.

•Can be accessed via an application (Apple or android) on mobile devices (tablets and mobile phones) for most commonly used self-service tasks, including (at a minimum):

(i) Viewing leave balances and submitting leave requests; and

(ii) Actioning/viewing workflow notifications and approvals.

•Can integrate with the Bank’s current on premise payroll system (PeopleSoft HCM) to facilitate payroll processing, by providing input data into the core Human Resource (HR), global payroll (GP), absence management (AM) and time and labour (TL) modules as required.

•Supports Single Sign-on (SSO) user authentication via Security Assertion Markup Language (SAML 2.0).

•Has Service and Organisation Control 2 (SOC2) Type II or Information Security Registered Assessors Program (IRAP) certification or ISO 27001.

•Provides the capability to ensure that the Bank data (all content, metadata and user information) is encrypted in-transit and at-rest (on disk/backup & offline storage). Data transmissions including all server-to-server transmissions, within, between and outside data centres.

•Has the capability to send emails as part of the business process workflows

j. Has the capability to provide audit information of system and data transactions regularly and on request