Onicra Credit Rating Agency

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Challenge

The biggest challenge arises out of its core business model of having its workforce spread out across the country. The mobile workforce needs to be monitored and provided resources to be able to function well.To be able to manage the workforce in terms of something as basic their Time and Attendance was tiring task for Onicra.

Also, Onicra had automated solutions that were operating in silos and were not integrated. This caused manual input of data and updation of data into each of the individual modules. For example, the data existing in Leave Management System had to be updated manually for Payroll processing purposes and this hindered productivity and efficiency. Biometric systems used to capture attendance of employees did not send data to other modules. The absence of all modules on the same platform caused data redundancy and in turn, wastage of time and effort from HR professionals.

Solution for Onicra Credit Rating Agency

Why ZingHR?

  • Cost-effective and integrated product
  • Flexibility to choose modules
  • Cloud platform with the ability to offer mobility
  • Customized Employee reports with customer specific search capabilities such as work location based search

Benefits

  • Increased productivity
  • Streamlining of processes
  • 50% of workforce is on the field. The mobile workforce is able to mark attendance from their respective positions
  • For one to one exchange of documents, they can be uploaded on the system by the manager and downloaded at the location by the employee, for ease of access saving courier expenses and time.
  • Monitoring of the mobile workforce is easier
  • Uniformity in experience across all modules
  • With an integrated product, lesser data redundancy

Implementation at Onicra

Onicra has implemented several of the modules from ZingHR successfully yet and the phase wise implementation has reaped great results for them. Data conversion was initially a challenge and caused minor hiccups but with the help of the implementation team at ZingHR, the minor problems were ironed out, and the journey has been smooth ever since.

Mr. Rahul Singh from Onicra says, “The ability and the ease of exchange of data and documents with on-field employees bring speed in working and enables managers to monitor their subordinates.”

About Onicra Credit Rating Agency

Onicra Credit Rating Agency

Onicra Credit Rating Agency is one of the leading Credit and Performance Rating agencies in India. It provides ratings, risk assessment and analytical solutions to Individuals, MSMEs and Corporates.

The Company has very strong capabilities in assessing small & medium size enterprises and is one of only 7 agencies licensed by NSIC (National Small Industries Corporation) to rate SMEs. They have presence across India at over 125 locations and over 460+ staff, providing a vast network for gathering information.