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Technology 1 min read 29 views

Mashreq Partners with SAP Fieldglass to Drive Workforce Innovation and Operational Excellence

Mashreq, a leading financial institution in the MENA region, has announced its adoption of SAP Fieldglass to enhance the management of its external workforce and services. This move aims to support Mashreq’s growth strategies while boosting operational efficiency, regulatory compliance, and supplier collaboration.

As the first financial institution in the UAE to implement a managed service provider (MSP) model powered by SAP Fieldglass, Mashreq continues to demonstrate its commitment to industry-first innovations. This strategic initiative highlights the bank’s dedication to technological advancement and maintaining its reputation as a regional leader in financial services.

Norman Tambach, Group Chief Financial Officer at Mashreq, stated: “In an industry where contingent workers and services are pivotal to service excellence, we needed a solution that offered complete oversight and control. SAP Fieldglass enables us to standardize and streamline our approach, ensuring alignment with Mashreq’s high standards for quality and compliance. This project represents a significant step in our operational transformation and growth journey.”

The deployment of SAP Fieldglass will allow Mashreq to oversee the entire lifecycle of its contingent workforce and services. This includes sourcing external talent and services, onboarding, training, compliance management, and eventual offboarding. The end-to-end system provides greater transparency and control at every stage, aligning with the bank’s financial, regulatory, and customer service objectives.

Mohamed Abdel Razek, Group Head of Technology, Transformation & Information at Mashreq, emphasized the technological benefits of the initiative: “SAP Fieldglass seamlessly integrates into our existing cloud infrastructure and delivers data-driven insights to monitor and manage our contingent workforce effectively. This partnership reinforces our ability to deliver consistent quality and adapt dynamically to market needs.”

The collaboration underscores SAP’s role as a trusted partner in delivering scalable MSP solutions tailored to the unique requirements of the UAE market. Marwan Zeineddine, Managing Director of SAP UAE, commented: “Mashreq’s implementation of SAP Fieldglass sets a benchmark for operational excellence in the financial sector. This solution strengthens Mashreq’s capabilities in managing its external workforce, enhancing supplier collaboration, and upholding stringent compliance standards.”

Upon full deployment, Mashreq will centralize its contingent workforce management, positioning itself to maximize efficiency, reduce risks, and respond flexibly to evolving market demands.

Mashreq partners with SAP Fieldglass to optimize contingent workforce managementimprove operational excellenceand strengthen regulatory compliance

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