Case Study: Standard Bank achieves cost savings and better compliance with Visier

Standard Bank consolidates 80 systems into 10 with Visier

Standard Bank, Africa's largest financial institution, faced significant challenges due to its decentralized workforce intelligence infrastructure. With over 80 disparate HR and payroll systems across 28 countries, the bank struggled with inefficiencies, high costs, and compliance risks. To address this, Standard Bank partnered with Visier to implement its workforce analytics solutions, seeking to create a single source of truth for its data.

By implementing Visier's workforce intelligence platform, Standard Bank consolidated its 80 systems into fewer than 10, standardizing processes and data. This solution delivered significant cost savings, including the elimination of 50 redundant roles, and drastically improved compliance, elevating its ESG rankings to the top 10% of companies globally. The partnership with Visier provided the bank with real-time workforce insights, enhancing business agility and enabling data-driven decision-making across the organization.

Standard Bank