United Arab Bank Prepares for a Greener Future with SAP-Powered Digital Transformation
Financial solutions provider based in UAE set to modernize its IT infrastructure, leveraging RISE with SAP hosted on AWS to support environmental and workforce sustainability goals
Johannes Dressler, SAP MEA South COO; Sophia Mendelsohn, SAP Chief Sustainability Officer; Shirish Bhide, CEO of UAB; and Ayman AlQudsi, CIO of UAB, attended the signing ceremony.
DUBAI, UAE — 30 January, 2023— United Arab Bank (UAB), a leading financial solutions provider to individual and corporate clients in the UAE, has announced it will embark on a digital transformation powered by global technology company SAP SE, with Amazon Web Services (AWS) securely hosting the data. The adoption of RISE with SAP and deployment of various SAP solutions, led by UAB’s Chief Information Officer, Ayman AlQudsi, who has orchestrated a scalable digital transformation roadmap, will enhance the bank’s services to its customers and employees, while also preparing the way to adopt SAP’s ‘carbon accounting’ approach with continual measurement and reporting on green data.
On the sidelines of the signing ceremony in Dubai, Shirish Bhide, Chief Executive Officer of UAB, commented, “It was important for UAB to move our IT landscape to the cloud to stay abreast of new technologies. The move will prepare us to utilize the sustainability metrics and analytics embedded in SAP solutions and lay the foundations for a green ledger approach. We will also see immediate environmental benefits in reducing paper waste thanks to the digitalization of several business processes. At UAB, we are focused on both environmental and workforce sustainability, so we are extending our use of SAP SuccessFactors by moving the HR core to the cloud. The end-to-end HR solution enables a flexible working environment with greater mobility for employees. It supports UAB’s commitment to Emiratization and ensures we have a sustainable, skilled and engaged workforce.”
In addition to upgrading and moving its core enterprise resource planning (ERP) and HR systems to the cloud, UAB will upgrade its procurement functions. With the implementation of SAP Ariba and SAP Signature Management with DocuSign, UAB will benefit from digitalization and automation of its procurement processes, which can reduce paper wastage by up to 80%.
Sergio Maccotta, Senior Vice President, SAP Middle East and Africa – South, commented, “By expanding its existing relationship with SAP and embracing cloud computing, UAB is future-proofing its operations to enable it to respond to market changes with agility. This lays the groundwork for adopting solutions that will enable UAB to collect data, analyze its ESG goals, and report on its green line. SAP believes businesses of all sizes and across industries need to adopt cloud solutions so that they can benefit from ongoing advances in AI, sustainability data and automation.”
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SAP’s strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: SAP customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com.
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