Russia’s state-owned financial services company Sberbank has completed a major HR digital transformation project utilising SAP Success Factors cloud solution.

Currently, the solution is used by 230,000 bank employees in Russia, which is expected to improve to 270,000 employees after connecting all Sberbank’s subsidiaries.

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The transformation project was carried out by team comprising SAP Consulting and Sberbank employees over a year.

A part of Sberbank’s 2020 transformation strategy, the transition project aims to enhance the quality of employee recruitment and training, develop corporate culture and ensure transparent career planning and development.

The new cloud platform includes all Russia-based employees of the bank in a single digital place enabling the employees to work on their personal development using the assessment tools from any device. It will also help them in their career planning and procure online training.

The platform can also be used by the managers to assess the performance of the employees, receive information about their team and assign tasks regardless of employee location.

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Furthermore, the date form the platform can be utilised by the management to make strategic decisions about planning competencies necessary at the bank.

Sberbank Executive Board deputy chairman Sberbank Yulia Chupina said: “Sberbank’s main aim is to reach a new level of competitiveness that will enable us to compete with global tech companies whilst maintaining our status as the number one bank for individuals and businesses.

“We plan to achieve this aim by scaling up our business and increasing profits and efficiency whilst increasing flexibility, speed and client centricity by introducing new technology and cultivating a new sort of employee.”

In future, the system can also help in developing new digital solutions for personnel.