Abu Dhabi: The Abu Dhabi Fund for Development (ADFD), which provides aid to Arab, African and Asian countries, has so far disbursed about $5.7 billion to more than 240 projects in 55 countries, an official said on Monday.
"We make a real contribution to the development of infrastructure in some of the world's poorest nations," Ahmad Sari Al Mazrouei, ADFD's general manager, told Gulf News.
ADFD recently implemented Oracle's human resources management system (HRMS) in 30 days, a move that would help the organisation improve its operational efficiency.
"With our global workforce, it is imperative that we have a reliable and robust human resources management system in place to support all our endeavours. By implementing the Oracle solution, we were able to strengthen the fund inside out and align workforce with strategic objectives," Al Mazrouei said.
Al Mazrouei said Oracle's is a module-based system and in future, ADFD intends to implement further modules of Oracle such as the loans module, equities module and project management module.
"Oracle brings an integrated ERP solution to the fund by applying the best methodology of payroll system, self services, human resources in terms of recruitment, training, performance management, and reporting," Al Mazrouei said. Its value is intangible."
ADFD owns equities in more than 11 organisations in Egypt, Morocco, Oman, Tunisia, and Bangladesh.
Agreement
Last week, the Abu Dhabi Government, represented by Abu Dhabi Systems and Information Committee (Adsic), signed an enterprise licence agreement with Oracle, the world's largest enterprise software company, in order to buy software solutions and support and maintenance services. The cooperation is under the umbrella of the Adsic agreement.
The ADFD said in a statement with Oracle HRMS that it can rapidly collect and analyse detailed information about its business and assess the capabilities to improve services by placing the right people with the right skills. It would also be able to trim down costs associated with employee absence, and turnover.
Hussam Dajani, Oracle's senior vice-president for Middle East and Africa, said the implementation of HRMS by ADFD is a breakthrough in implementation methodology as an enterprise system is up and running and used by 70 per cent of the employees within 30 days.
"With this breakthrough, we think, we can provide cost-effective solutions, not only to large enterprises, but also to the small and medium enterprises market, which earlier couldn't afford the implementation costs," Dajani said.
