Muthoot Fincorp Transforms their HR Operations for 24,000+ Employees

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Challenge

Muthoot Fincorp, one of India's largest and most trusted financial enterprises, faced challenges managing talent acquisition and HR operations across 4,200+ branches and 24,000+ employees. The company had high reliance on manual HR processes, legacy systems that couldn't handle the scale of operations, inability to track performance in real-time, and needed an agile learning platform to handle constant regulatory changes.

We chose PeopleStrong for their comprehensive HRMS suite, and they've exceeded our expectations. We were looking for speed and standardization across the board, which they delivered. Their expert team ensured a flawless implementation in just 55 days, and today, we're operating with unmatched efficiency and scalability. — Suresh Kumar Sivaraj, CHRO, Muthoot Fincorp

Muthoot Fincorp PeopleStrong

Solution

Muthoot Fincorp leveraged PeopleStrong's SuperApp to build a seamless employee experience and achieve remarkable HR efficiency. The implementation included unified recruitment and onboarding, performance management capabilities, learning and development platform, and scalable processes across diverse geographies. The expert team ensured a flawless implementation in just 55 days.

Results

1,200+ recruits every month, up from 450. 95% adoption in just 2 weeks. 85% course completion on LMS. 3,500 employee transfers effortlessly processed. 83 employee engagement score.

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