Information System – Banco Popular de Puerto Rico

1 Nov

A decent amount of work has been invested into Information System definitions and components of I.S. I would like to explore and further everyone’s understanding of Information Systems through the example of an I.S system implemented by SAP into Banco Popular de Puerto Rico.

Company Name: Banco Popular de Puerto Rico.

Location: San Juan, Puerto Rico.

Assets: $8.6 Billion (2011)

Banco Popular de Puerto Rico is an example of a company who decided to update its IS system using SAP ERP. They wanted to update the IT platform supporting the operating structure; automate processes, allowing for them to offer more value to clients; minimize paperwork and reduce manual, error-prone processes; and have access to constantly updated information.

The systems that it bought from SAP were the SAP ERP Human Management Capital and SAP ERP Financials to create a single, integrated solution to enhance both its human capital and financial management operations. They were looking for a single integrated solution sign-on access to HR data and services as well as up-to-date data available for generating customised reports.

Nowadays, Banco Popular manages its human capital in a much more modern, agile, and accurate fashion, getting the best out of SAP ERP HCM. With the implementation of the intranet portal, Banco Popular now ensures that each user – with the convenience of a single sign-on – has access to a central, consolidated system and gets news and communications relating to his or her job. Via its portal the bank supports both managers and employees with self-service transactions. For example, by using manager self-service functionality, supervisors can administer their work groups dynamically and flexibly, being able, for example, to approve processes remotely. For the staff themselves, the employee self-service features of the portal enable them to access important documents online, such as tax forms and work-related manuals and documentation. (http://www.sap.com/customer-testimonials/industries/banking.epx)

Information systems, in this example SAP ERP Human Management Capital and SAP ERP Financials, are an extremely important aspect to any business and their utilisation can lead to increased business value, increased efficiency as well as a sustained competitive advantage.

In conclusion, there are many more examples of Information Systems that can be given through case studies and I believe it creates greater value to us as researchers. If anyone would like to take another sector and case study it might be worth looking at!?

Leave a comment