•Launches e-Learning Platform for Employees
•Launches paperless Workflow Management System
June 2 2016, 17.19 PM IST || Pocket News Alert
Chandigarh June 02, 2016: In line with its commitment towards implementing sustainable practices, Manappuram Finance Ltd., a leading NBFC based in Thrissur (Kerala), launched two services; a paperless Workflow Management System and an e-Learning platform for self-learning of its employees.
Inaugurated by Mr. V. P. Nandakumar, MD & CEO, at a function held at the company’s head office, the launch of paperless Workflow Management System is designed to replace the time consuming and cumbersome physical filing system with process efficiencies, in addition to being environmentally friendly by reducing paperwork and overall carbon footprint.
The system will offer better data storage, data retrieval and detailed reporting systems to keep track of important official matters. To begin with, the Operations and Auction Departments of the company have switched over to this paperless system where all new intra departmental notes for approval will be routed through the system. The service will be soon implemented across all the Manappuram branches in India.
Additionally, the e-learning platform enables employees to access latest learning material from anywhere and anytime. It incorporates game-based interactive courses to make learning a fun exercise for employees and hopes to spark their interest in continued learning to keep their knowledge and skills up-to-date.
Speaking at the launch, Mr. Sooraj Nandan, SVP, Operations said, "A shift from conventional learning methods to e-learning will make learning more interactive and fun to learn. Also, the shift to a paperless work environment will cut costs for the company and will be good for the environment too.”
The company expects that the easy access to learning material will contribute to increased employee productivity. Manappuram’s Online Learning platform employs the Moodle Learning Management System (LMS) for effective delivery, tracking and management of learning. It is supported by Hurix Systems Private Limited.
About Manappuram Finance Ltd.
Manappuram Finance Ltd. is one of India’s leading gold loans NBFCs engaged in providing finance against used household gold ornaments. Incorporated in 1992, the company has been promoted by Mr. V.P. Nandakumar (current MD & CEO) whose family has been involved in gold loans since 1949. It is headquartered at Valapad in the Thrissur District of Kerala. The company went public in August 1995 and its shares are listed on the stock exchanges of Mumbai, Chennai, and Kochi.
As of March 31, 2016, Manappuram Finance Ltd. had 3,293 branches across 24 states and 4 UTs with Assets under management (AUM) of Rs.114.3 billion. The company’s net worth stood at Rs.27.58 billion.