Case Study: Largest Diversified Insurance Company achieves $500M HR cost savings and 5x faster onboarding with Hexaware

Largest Diversified Insurance Company - Customer Case Study

Largest Diversified Insurance Company faced a pressing need to harmonize HR policies and processes after years of disparate HR applications that caused data duplication, poor workforce deployment, inefficient onboarding, and rising HR operational costs. Hexaware was engaged to deliver an HRIT transformation, using a business process management suite and an integrated HR workbench that combined capabilities from PeopleSoft, PeopleFluent, Cornerstone OnDemand, Salesforce.com and Workday.

Hexaware consolidated more than 168 disparate applications down to about 20 and delivered a unified HR workbench to streamline talent acquisition, onboarding, performance, payroll, benefits, learning and query management. The engagement delivered measurable impact: an estimated $500M in HR operations savings over five years, 5x faster employee onboarding and a 40% reduction in HR-to-employee ratio, enabling more efficient operations and a stronger focus on analytics and talent management.