INDUSTRY USE CASE: THE FINANCIAL SERVICES SECTOR
The financial services industry is integral to the economies of Australia and New Zealand.
As the countries’ largest earners, these sectors stimulate growth, manage risks, and facilitate transactions that impact every everyone. From banking and insurance to investment planning, the Finance industry supports everyday life, corporate functionality, and government operations.
But it’s also a sector that has seen rapid change in recent years and with it, numerous challenges for HR professionals. Compliance is just one example. Staying compliant with changing laws and regulations requires constant vigilance from financial institutions. Other major challenges for HR professionals in the financial services sector include:
- Managing training and compliance
- Stopping time consuming manual tasks from snowballing
- Strengthening data privacy and security
This guide shows how HRIS platforms like ELMO can help with these challenges as well as case studies from our success stories.
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