Tuesday 26 February 2008
Leading global application software and services provider,
Misys, rolled out their online benefit statements to their UK staff
on the 1st November 2007. The transitional step of moving from
paper to online was a natural progression for Misys for whom Strait
Logics have been producing benefit statements, for 5 successful
years.
There were two major factors that motivated the switch -
firstly, an online solution would be much more cost effective in
the long term and secondly, the organisation's commitment towards
reducing their own carbon footprint. The pension and benefits
department of Misys also supported (happened in the past) an HR
harmonisation project, which raised the profile of benefits and
total rewards, on offer. Launching the online system in conjunction
with this project helped to implement these significant internal
changes.
Group Pensions Manager for Misys, Andrew Brown, was responsible
for overseeing the project during the transitional stages. He
stated, "Obtaining information from multiple data sources plus a
number of alterations to the original data proved a challenge
during the development stages, but Strait Logics have very good
analytical tools which compares and validates all the data received
and ensures that the information is correct and consistent,
throughout."