Hannover Re Implements Paylite® HRMS to Digitally Transform its HR Functions

MANAMA, Bahrain - Aug. 17, 2023 - PRLog -- Hannover Re has advanced to become a leading pro­vider of rein­surance concepts and solu­tions. The company supports its clients' finan­cing of new busi­ness, finan­cial optimization and offers product partner­ships for strategic market positioning. With a huge international network at its disposal, Hannover Re needed to digitize its HR and Payroll functions.

Trans­acting all lines of life, health, and annuity busi­ness, the company supports its clients' finan­cing of new busi­ness, and finan­cial optimi­zation and offers product partner­ships for strategic market positioning. For an expanding business, it becomes imperative to do away with manual processes and adopt future-ready software to manage its daily needs. Paylite® HRMS is localized to meet the working requirements of Bahrain and is designed to meet the needs of modern organizations to make them productive, profitable, and sustainable in the long run.

Hannover Re adopted Paylite's modules for HR, Payroll, and Employee Self Service. The Core HR module equips them to manage employee information, store employee information for posterity, automate alerts for expiring documents, manage salary progression, track issued assets, and much more. The Payroll module provides a paperless solution to manage employees' payroll details. Hannover Re can process salaries, deductions, and manage allowances, and loan applications. Paylite has enabled the organization to process its payroll faster and with greater precision, saving valuable time and resources. With the self-service module, employees can perform vital HR functions on their own. They can apply for leave, view pay slips, apply for reimbursement, create training requests, and do much more.

The Head of Sales, Paylite, says, "Hannover Re is a powerhouse in life and health reinsurance, with profound financial strength, a complete offering, and exceptional global reach. It implemented Paylite's modules to automate the HR functions for its Bahrain operations. Paylite will make Hannover Re's HR department streamlined, smart, and swift, replacing the age-old legacy systems with system-driven workflows."
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About Paylite® HRMS

A one-stop HR Solutions suite, Paylite® HR Management Software is the most admired HR Software in the GCC countries. Many corporate majors like OSN, GroupM, Publicis Groupe, CNBC Arabia, aswaaq, Imkan Property, 2XL, KEF Holding, Al Qalib, Lagardere, BMB Group, ArcelorMittal, among others are using Paylite HR Management Software for maintaining and managing their daily HR tasks.

To know more visit: https://www.paylitehr.com/

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