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Case Study
Customer Story – Annapurna Finance

Customer Story

Annapurna Finance

Annapurna Finance Pvt. Ltd. (AFPL) is one of the top ten NBFC-MFIs in the country with a customer base of 18 lacs+ and a power portfolio of 3,800 crores. The company facilitates microcredit to the economically backward clients to strengthen entrepreneurial skill for efficient undertaking of business activities.

At present, the company has an employee base of 6000+ across 700+ locations in India.

5 X

increase in Payroll efficiency

Doubled recruitment efficiency

700+

PAN India locations covered with centralized data

Challenges

Managing high-volume recruitment drives on emails and papers hampered quality talent acquisition and took more time than anticipated
Attrition management turned tedious in the absence of clear visibility of open positions at different branches
Onboarding the new joiners with manual drafting and issuance of letters and pay variables became overwhelming
Payroll was managed by a team of 10 HRs and it took more than a week to disburse salaries
Employee files were being maintained physically, making data visibility & extraction more time consuming and no true view of workforce insights was available unless specifically calculated

Location

700+

Industry

Microfinance

No. of employees

6000+

We wanted a solution that could collaborate data, functions andHR processes at 700+ locations flawlessly. The experience with HROne had been amazing and one that I would recommend. If I had to rate HROne for its Mobile app and User adaptability, I will definitely give it a 4 out of 5.

Preetam Debasish Sahoo

DVP, Human Resources

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Solution

We have been able to double our recruitment efficiency with a well integrated Applicant Tracking System in place. A clear view of open positions and collaboration between hiring manager and recruitment team helped us close positions in minimum time.

Seamless Employee lifecycle management has helped us track employee movement across 700 locations in real time.

Employee master is well structured with centralized data that flows in integration across different functions for all the locations

Instead of a reactive approach to every HR need, the team works proactively and looks forward to strategic planning with better managerial control over reports and workforce insights

Smooth, error free and 100% compliance adhered payroll, with employee salaries now being processed in less than 2 days

Employees are content with the Self Service portal owing to its simple interface and easy navigation. They are now empowered with the mobile app and can do much more on the go.

Ready to

Build happier workplaces by spending less time on HR operations and more time on human interactions & people processes

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Thriving community of 10,000+ HRs

You've Filled Enough Forms. It's Time To Shape Futures.

HROne PROPEL

The stage is all set for HR leaders who set the trends.

HROne PROPEL

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HR Software

Marketplace

Mobile App

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Engage

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You've Filled Enough Forms.
It's Time To Shape Futures.

You've Filled Enough Forms.
It's Time To Shape Futures.