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02:03:54 pm

Servicesource Advances Business With Hr, Finance, And Payroll In The Workday Cloud

Finance Tue, Sep 3, 2013, 9:19 AM EDT - U.S. Markets open in 11 mins. Abu Dhabi Islamic Bank Hires Ethica for Islamic Finance Training Abu Dhabi Islamic Bank hires Ethica Institute of Islamic Finance for online training and award-winning certification. Press Release: Ethica Institute of Islamic Finance 5 hours ago Print DUBAI, United Arab Emirates, Sept. 3, 2013 (GLOBE NEWSWIRE) -- via PRWEB - Abu Dhabi Islamic Bank, one of the world's largest Islamic financial institutions, today announced hiring Ethica Institute of Islamic Finance , the leader in Islamic finance training and certification, to deliver its online Islamic finance training certificate (CIFE) to its senior leaders and their deputies. Mohamed Abbas, Head of Training at ADIB Egypt said, "After looking at all our options, Ethica came away as the clear choice for bank-wide Islamic finance training . They had already won us over with their cost advantage; what secured their place as our top choice was the superb First Financial quality of their online training and certification." ADIB was named 'Best Islamic Bank' by Business Banking and Finance Magazine for two consecutive years. Ethica's spokesperson said, "Banks are slowly coming to the realization that 3 day crash courses are expensive and ineffective. Banks now realize that learners want self-paced learning, 365 days a year. It saves banks money and teaches bankers how to do their jobs properly." Hiring Ethica brings ADIB year-round, 100% online Islamic finance training and certification in Egypt as well as a back-end dashboard allowing managers to monitor learner progress each week.

When ServiceSource went public in 2011, it was operating multiple systems across HR, finance, and payroll, with three independent business processes for North America, Asia, and Europe. To keep pace with fast growth and the requirements of being a public company, ServiceSource needed an enterprise system that could easily scale, adapt quickly to changes, standardize business processes across the globe, and provide greater transparency into the organization. With Workday, all company locations are now using the same processes while meeting local requirements for compliance. And, with one system of record, all departments are working with consistent HR, financial, and payroll data, driving greater efficiencies and increasing worker productivity. HR and Finance Shift From Tactical to Strategic With built-in analytics capabilities and automated workflows, Workday's unified system has enabled ServiceSource to simplify administrative processes, such as business process routing and approvals, to focus more on analyzing data for strategy and problem solving. These analytics capabilities are empowering finance professionals to focus more on activities that move the company forward, such as analyzing revenue and spend for insights into profitability and areas for cost savings, instead of tactical tasks such as confirming transactions with other departments.

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