Industry: BFSI
Customer Name: National Bank of Umm Al Qaiwain
Locations: 14+ Location across UAE
Devices: VEGA FAX
Users: 500+
Applications: Matrix Time-Attendance Solution for Quick Salary Processing by Eliminating Manual Calculations
Company Profile:
National Bank of Umm Al Qaiwain (the Bank) is a Public Shareholding Company incorporated in Umm Al Qaiwain by Amiri Decree Number (1) on January 5, 1982, issued by His Highness, the Ruler of Umm Al Qaiwain and commenced its operations with effect from August 1, 1982. The Local government of Umm Al Qaiwain is the largest shareholder and promoter of the bank. The bank is engaged in providing retail and corporate banking services through a network of 14 branches in U.A.E. The Bank carries out Islamic banking operations through Islamic Banking window established in 2005 across its branch network.
Challenges:
They were searching for a fool-proof solution that would help them in managing the Time-Attendance and overtime calculation. With offices spread over 14 locations in UAE, management of attendance data was a daunting task. Thus, centralized attendance data management and maintaining a complete record of their employees were a part of their key requirements. Moreover, their payroll processing deployed a software – RAMCO, wherein the attendance data was manually entered.
Solution:
After a comprehensive discussion with the customer, Matrix offered a centralized platform – COSEC CENTRA, to manage all the data centrally. Door controllers – COSEC VEGA FAX installed in all the office entrances. These door controllers are integrated with the central platform that pushes the event data to the server. Furthermore, the Matrix platform is integrated with the payroll system – Ramco. All manual work for report generation was eliminated outrightly, simplifying the salary procedure.
