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CHROMA to Streamline Bajaj Finance’s HR Processes

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Mumbai:  Tata Consultancy Service (TCS), a provider of business solutions and services, announces its “CHROMA” talent management platform has been selected by Bajaj Finance Limited (BFL) to streamline the latter’s HR management services.

The Talent Management platform aims to provide BFL with enhanced HR experiences to their 6,000 plus employees with its automated talent management process capabilities that provide consistent, real-time, and cross-functional views of operations, to enable seamless functioning of recruitment management, payroll, leave management and other HR services.

The TCS platform will also enable BFL to track the competencies of its employees with its integrated competency based talent management approach and set up a competency catalogue under competency management. It tracks career development, learning, succession planning, compensation, employee surveys, and recognition and rewards of employees.

The new CHROMA platform enables organizations to provide enhanced employee experiences, develop collaborative work culture and provide innovative strategies for multi-channel sourcing, continuous feedback based appraisals, collaborative learning and insight based leadership development with its easy to use interface, social collaboration features, and mobile support.

TCS’s CHROMA can be combined with HR administrative services and delivered as an integrated as-a- service offering on a Pay per use model.

“Attracting, nurturing and retaining the right talent is of paramount importance to financial services companies. TCS’ capabilities and experience managing a large employee base has culminated in creation of CHROMA which will enable Bajaj Finance and its associated companies to deliver an enhanced experience to their multi-generational employee base. By leveraging digital technologies in a most efficient way, CHROMA™ is testimony of our commitment to cater to the dynamic needs of the HR community by providing extremely simple to use User Interface yet feature rich Talent Management Solution,” says Raj Agrawal, Global Head, TCS Platform Solutions.

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