Cholamandalam Investment and Finance Company (Chola), the financial arm of the Murugappa Group, has decided to move its people data to the cloud. Chola, as a company, has always been keen to embrace technology to ensure speed and convenience for its customers through its digital properties. Now, the Company wishes to delight its employees as well, and has therefore tied up with PeopleStrong, the Indian HR SaaS company that currently serves over 200 enterprises and over 600,000 users.
Within the next year or so, all the major companies of the Murugappa Group will undergo digital transformation of their people processes. Chola is the first to begin the transformation by adopting PeopleStrong Alt, a PeopleStrong product.
With PeopleStrong Alt, Chola Finance will be able to provide a unified experience from recruitment to retiral to all its users, including employees, recruiters, candidates and business users. It will also be able to provide access to a single window of truth for right decision making. With the Mobile App and Jinie (the chatbot), Chola employees will get to experience the next level of connect and collaboration.
Speaking on the occasion, Arun Alagappan, executive director, Chola, said, “I am pleased that as an organisation, we have taken a decision to move our people data to the cloud. It is a mammoth task and we needed a partner who has proven experience of managing transformation of such a scale. After a detailed evaluation process, we selected PeopleStrong as a partner for this journey of transformation.”
“I am pleased that as an organisation, we have taken a decision to move our people data to the cloud,” Arun Alagappa, executive director, Chola.
Ramesh Menon, HR director, Murugappa Group shared, “It is a landmark move and a much needed one too. With the kind of diversified presence we have across sectors and geographies it is important for us to take our employee experience to the next level.”
“With the kind of diversified presence we have across sectors and geographies it is important for us to take our employee experience to the next level,” says Ramesh Menon, HR director, Murugappa Group
Chandrasekar R, HR head, Chola, shared, “We have a large composition of young workforce at Chola and to manage this segment more efficiently, we realised that we needed a digital upgrade. PeopleStrong with its scalable, mobile and AI powered technology seems the best match for our needs.”
Pankaj Bansal, co-founder & CEO, PeopleStrong added “We are delighted to be Chola’s digital transformation partners and excited to have them with us on the journey of writing the New Code of Work. I am sure together we will be able to ‘Altify’ the people experience and take the productivity at Chola to the next level.”
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