NPCI to im­ple­ment ERP so­lu­tion

Banking Frontiers - - Project Pipeline -

Na­tional Pay­ments Cor­po­ra­tion of In­dia (NPCI) is im­ple­ment­ing an ERP so­lu­tion mainly to achieve qual­ity of ser­vice, ef­fi­ciency and prac­tice bet­ter con­trol over the fi­nan­cial trans­ac­tions and project ac­tiv­i­ties and to es­tab­lish uni­form stan­dards for ex­cel­lence in op­er­a­tions, project man­age­ment, hu­man re­source man­age­ment, fi­nan­cial man­age­ment and per­for­mance re­port­ing. The organizati­on wishes to adopt the global best prac­tices in dif­fer­ent spheres of procuremen­t, fixed as­set man­age­ment, hu­man re­source man­age­ment, qual­ity man­age­ment, cus­tomer ser­vice, fi­nan­cial man­age­ment, ac­count­ing and per­for­mance man­age­ment. NPCI ex­pects that an ERP so­lu­tion will fa­cil­i­tate em­bed­ding best busi­ness prac­tices and pro­cesses into all its op­er­a­tions, do­ing away with non-value adding/re­dun­dant pro­cesses in the var­i­ous func­tions to make them ef­fi­cient, transparen­t and com­pli­ant to reg­u­la­tions. It in­tends to im­ple­ment and host the pro­posed so­lu­tion on its own premises on pri­vate cloud built on vir­tu­al­iza­tion tech­nolo­gies.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.