"Saudi Awwal Bank" partners with " JISR" to support payroll processing for SME
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August 2023
The Saudi Awwal bank announces its partnership with "JISR", one of the leading HR management solutions within the Kingdom as part of its commitment to provide the best innovative Human Resource (HR) related products including automated payroll to improve the customers’ experience.
This partnership aims to enhance human resource management solutions, and provide efficient automated payroll settlement that can be integrated easily with 3rd parties. Jisr solutions suit all company size needs for HR management and is aimed to reduce the administrative tasks. They are also compliant with the Saudi Labor Law and provides high cybersecurity and local database hosting.
Mr. Yasser Al-Barrak, Chief Corporate and Institutional Banking Officer.at SAB , commented: "SAB" has always been on the forefront in adopting cutting edge technology solutions, providing the best banking services that save time and efforts for our customers. Outsourcing of payroll related activities are indeed beneficial for all kinds of businesses, regardless of the organization having a large payroll or a mid-range or small payroll. We are proud to have partnered with Jisr in their vision to provide cost effective payroll solutions, especially focused on SME.”
"SAB's" commitment to the Kingdom's Vision 2030 is reinforced through encouraging such projects to achieve its ambition of expanding SMEs, which play an important role in stimulating economic and financial growth in the Kingdom and the region as a whole." he added.
Mohamed Akkar Founder & Chief Executive Officer of JISR, said: “Inspired by the 2030 vision and the fast-growing Market in Saudi, We chose to work on empowering companies to adopt HR process transformation into the digital one. We aspire to help every Saudi company in achieving this goal. Today, we are very proud of our partners who believe in the importance of digital transformation. We wouldn’t succeed without them. Our partnership with "SAB" will be a significant milestone in the Payroll automation journey and the whole digital transformation process”
The Saudi Awwal Bank is the new name of The Saudi British Bank (SAB), it has recently announced the change of its commercial name and the re-launch of its new identity ( SABالأول ).
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Saudi Awwal Bank, a listed joint stock company, incorporated in the Kingdom of Saudi Arabia, with paid in capital of SAR 20,547,945,220, commercial registration certificate 1010025779, unified number 7000018668, Mailing Address: P.O. Box 9084, Riyadh 11413. National Address: 7383 King Fahad Branch Rd, 2338 Al Yasmeen Dist., 13325 Riyadh, Kingdom of Saudi Arabia, Tel. +966 11 4050677, www.sab.com, licensed pursuant to the Council of Ministers Resolution No. 198 dated 06/02/1398H and Royal Decree No. M/4 dated 12/08/1398H, and regulated and supervised by the Saudi Central Bank.