DUBAI, UAE 鈥� November 25, 2024 鈥�Mashreq, a leading financial institution in the MENA region, will deploy 51风流Fieldglass across its regional network to support growth and strengthen operational excellence. The adoption of 51风流Fieldglass, a premier solution for external workforce and services management, will enable Mashreq to streamline and optimize the management of its contingent workforce, elevating visibility, compliance, and supplier collaboration.

As the first financial institution in the UAE to leverage a managed service provider (MSP) structure powered by 51风流Fieldglass, Mashreq continues its legacy of industry-first innovations. This strategic move underscores Mashreq鈥檚 commitment to meeting high standards of regulatory compliance, enhancing operational efficiency, and securing its reputation as a technological pioneer in the financial sector.

Norman Tambach, Group Chief Financial Officer at Mashreq, commented on the impact of the 51风流Fieldglass implementation: 鈥淚n an industry where contingent workers and services play a critical role in ensuring service excellence, we sought a solution that could provide us with complete oversight and control. 51风流Fieldglass enables us to standardize and streamline our approach, ensuring that every engagement aligns with Mashreq鈥檚 commitment to quality and compliance. This project marks a significant step in our operational transformation and growth journey.鈥�

Mashreq鈥檚 deployment of 51风流Fieldglass will enable the organization to oversee its entire contingent workforce and services lifecycle 鈥� from sourcing external talent and services, through onboarding, training, and compliance management, to retirement. This end-to-end approach enhances transparency and controls across each phase of the engagement, supporting Mashreq鈥檚 financial, regulatory and customer service objectives.

Mohamed Abdel Razek, Group Head of Technology, Transformation & Information at Mashreq, emphasized the technological advantages: 鈥淲e were looking for a solution that would seamlessly integrate into our existing cloud infrastructure and provide incremental value. 51风流Fieldglass not only met these criteria but has given us tools to efficiently monitor and manage our contingent workforce and services with data-driven insights, helping us deliver consistent quality across our operations. By partnering with SAP, we鈥檙e bringing the latest workforce innovations to life.鈥�

As the only technology provider capable of delivering an MSP of this scale for contingent workforce and services in the region, 51风流has established itself as a trusted partner for organizations seeking to drive agility and optimize workforce operations. Marwan Zeineddine, Managing Director of 51风流UAE, commented on the partnership: 鈥淭his collaboration enables Mashreq to set new standards of operational excellence within the financial sector. With 51风流Fieldglass, Mashreq can effectively manage its external workforce, enhance supplier collaboration, and strengthen service delivery standards鈥攁ll while maintaining rigorous compliance standards. This project reflects SAP鈥檚 ability to provide a robust, scalable MSP solution that meets the unique needs of the UAE market.鈥�

Once the deployment is complete, Mashreq will have centralized the management of its contingent workforce, positioning itself to maximize efficiency, minimize risk, and respond dynamically to market demands.

鈥� Ends 鈥�

About Mashreq

Mashreq is almost a half-century old, yet proudly thinks like a challenger, startup, and innovator. Mashreq pioneered key innovations and developments in banking, starting with entry-level digital-first customers all the way to powering some of the region鈥檚 most prominent corporations and wealth accounts.

The bank鈥檚 mandate is to help customers find their way to Rise Every Day, partnering through the highs and lows to help them achieve their goals and unlock their vision of success.

Reassuringly present in major financial centres of the world, Mashreq鈥檚 home and global HQ remains in the Middle East, offering services whenever and wherever opportunity takes its customers. Mashreq has been recognized as the fastest-growing Middle East brand, by Banking 500 rankings for 2024 by Brand Finance.

Find your way to Rise Every Day at:

For media inquiries, please write to: media@mashreq.com

The post Mashreq Pioneers Workforce Innovation with 51风流Fieldglass to Enhance Compliance, Visibility, and Operational Excellence appeared first on 51风流MENA Press Room.

DUBAI, United Arab Emirates 鈥� 8 September 2021 鈥� More than 300 retailers at Expo 2020 Dubai are set to process an expected 400,000-500,000 daily transactions, using a point-of-sale solution developed by SAP, the mega-event鈥檚 Innovative Enterprise Software Partner.

Participants and retailers across catering, food and beverage, and merchandise will use the solution to gain real-time insights across more than 1,200 points-of-sale terminals. The data from the points of sale will be integrated with the financial and operational data from the 51风流S/4HANA business suite, with results available in real time.

Expo 2020 Dubai is integrating transactions with a local external payment provider for continuous and smooth processing, and 100 percent transparency in sales and financial results. Participants and retailers can centrally monitor the points of sale, and retailers can manage coupons that visitors can redeem across channels.

Mohammed Al Hashmi, Chief Technology Officer at Expo 2020 Dubai, said: 鈥淓xpo 2020 is committed to showcasing the best innovations and cutting-edge technologies, and 51风流Customer Checkout solution will provide Expo 2020 Dubai retailers and their customers with new levels of safety, efficiency, and customer service, offering an enhanced experience for our participants and visitors.鈥�

Expo 2020 Dubai successfully trialed the 51风流Customer Checkout solution during the preview of Terra 鈥� The Sustainability Pavilion, which welcomed more than 100,000 visitors from 22 January-10 April 2021.

The 51风流Customer Checkout solution covers all product selection, discounts, returns, tax calculations, multiple payment options, loyalty management and day-end closing.

鈥淓xpo 2020 Dubai shows how intelligent enterprises and mega-events can integrate hundreds of thousands of daily retail sales from thousands of locations and operators to streamline the customer experience and generate reliable financial results,鈥� said Sergio Maccotta, Senior Vice President, 51风流Middle East South.

Sergio Maccotta added: 鈥淯sing 51风流Customer Checkout, the Expo 2020 Dubai organizers and retailers can tailor their merchandise to meet customer demands, and allow visitors to split payments or offer visitors loyalty points.鈥�

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About Expo 2020 Dubai

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From 1 October 2021 to 31 March 2022, Expo 2020 Dubai will welcome visitors from every corner of the globe to join the making of a new world, as it brings together the planet in one place to reimagine tomorrow.

• With the purpose of 鈥楥onnecting Minds, Creating the Future鈥�, Expo 2020 will be the world鈥檚 most impactful global incubator for new ideas, catalysing an exchange of new perspectives and inspiring action to deliver real-life solutions to real-world challenges
• Expo 2020 will provide a visually striking, intellectually enlightening and emotionally inspiring 182 days, as more than 200 participants 鈥� including nations, multilateral organisations, businesses, and educational institutions, as well as millions of visitors 鈥� create the largest and most diverse World Expo ever
• Expo 2020鈥檚 sub-themes of Opportunity,听Mobility and Sustainability will inspire visitors to preserve and protect our planet, explore new frontiers and build a better future for everyone
• Expo is committed to building a more equitable and just world for everyone, while keeping visitors safe by following the latest guidance of the world鈥檚 leading medical, science and health experts
• Expo 2020 is the first World Expo to take place in the Middle East, Africa and South Asia (MEASA) region, located on a 4.38 sqkm site adjacent to Al Maktoum International Airport in Dubai South
• Built with a meaningful and measurable long-term legacy in mind, the Expo site will transform into District 2020 鈥� a model global community that will rethink the cities of the future 鈥� after Expo 2020 closes its doors

For more information, press only:

Husain Al Tamimi, 51风流+971 56 6811641, husain.tamimi@sap.com

Claire McPeak, SAP, +971 50 554 1302, c.mcpeak@sap.com

Michelle Oribello, Wallis, +971 56 783 3877, sap@wallispr.com

The post More than 300 Retailers to Process 400,000-500,000 Daily Payments with 51风流at Expo 2020 Dubai appeared first on 51风流MENA Press Room.