MoolahMatters

  Poonawalla Fincorp, a leader in the financial services sector, is incorporating Artificial Intelligence (AI) into its HR functions to improve operational efficiency and speed. The company’s AI-driven recruitment process is streamlining operations, reducing costs, and enhancing candidate experiences. From Days to Hours: AI in Recruitment  Previously, recruitment processes at Poonawalla Fincorp could take up to ten days to conclude. The integration of AI has shortened this timeline by 90%, reducing it to less than one day. Key aspects like resume screening and document verification are automated, allowing for faster decision-making. Cost-Saving Benefits of AI  Beyond improving recruitment speed, AI also contributes to cost savings. By automating tasks such as generating job postings and processing candidates, Poonawalla Fincorp is significantly lowering its operational costs. HR professionals now have more time to focus on the critical aspects of recruitment and employee...

  Poonawalla Fincorp, a distinguished non-banking financial company (NBFC), has embraced Artificial Intelligence (AI) to streamline its Human Resources (HR) processes. The integration of AI into the HR Strategic Business Unit (SBU) marks a major step in enhancing operational efficiency and leading the charge in digital innovation within the financial services sector. AI Transforms Recruitment Efficiency The HR recruitment process has traditionally been a time-consuming endeavor, with steps like document verification and candidate evaluations slowing down progress. Poonawalla Fincorp has revolutionized this process by implementing AI-driven tools that reduce the time to finalize job offers by a staggering 90%. What once took ten days can now be accomplished in less than one. "This AI integration represents a significant milestone in our efforts to transform our operations,” said Arvind Kapil , Managing Director and CEO. "It’s part of our larger strategy to infuse AI into all a...

  Artificial Intelligence (AI) is increasingly becoming a key player in reshaping business operations, particularly within human resources (HR). Poonawalla Fincorp is leading the charge by adopting AI in its HR functions. The company’s investment in AI-driven solutions is driving transformation across recruitment, employee management, and organizational efficiency. This proactive approach to technology highlights the company’s commitment to staying ahead in the competitive business world and offering enhanced experiences for both employees and candidates. Streamlining Recruitment and Enhancing Efficiency Recruiting top talent has always been a challenge for HR departments, often requiring significant time and resources. At Poonawalla Fincorp, however, AI tools have revolutionized the recruitment process.  The company has reduced the time required to close positions by automating several key steps in the hiring process. AI helps HR teams quickly assess resumes, match candidates...

  Abhay Bhutada's entrepreneurial journey will be very useful for building one's own business, especially in the finance world. While a ₹241 crore salary may raise eyebrows, it is Bhutada's strategic decision-making, adaptability, and leadership that make this story a great learning curve for aspiring entrepreneurs. His ability to spot opportunities, innovate, and build sustainable business can guide those interested in creating a lasting impact in their industry. Identifying and Seizing Opportunities Every successful entrepreneur's story begins with identifying an opportunity—and Abhay Bhutada ' s journey is no exception. His first venture, TAB Capital, was a digital lending NBFC that looked to make credit more accessible by using technology to streamline the loan process. Bhutada did not wait for opportunities to fall into his lap; instead, he created his own. He identified a gap in the market where traditional finance models were failing to meet customer needs a...

AI is becoming a game-changer for businesses across industries, offering tools to streamline operations and make processes more efficient. Poonawalla Fincorp is harnessing this power of AI through a collaboration with IIT Bombay’s Technology Innovation Hub.  This partnership focuses on integrating AI into their HR functions to enhance hiring processes and improve overall operational efficiency. The results are proving to be transformative, making Poonawalla Fincorp a prime example of how AI can revolutionize traditional systems. AI in the Business World Artificial intelligence has proven to be an invaluable tool across various sectors, not just in enhancing decision-making but also in simplifying complex processes. In areas like human resources, AI helps with tasks such as screening candidates, automating document verification, and streamlining communication. For companies, this means reduced operational costs and faster delivery times.  AI is especially helpful in improving a...

  Poonawalla Fincorp, part of the renowned Cyrus Poonawalla Group, is making headlines by integrating Artificial Intelligence (AI) into its Human Resources (HR) processes. This progressive move promises to revolutionize HR functions, enabling the company to significantly enhance recruitment efficiency and reduce operational costs. With its commitment to innovation, Poonawalla Fincorp is reshaping its HR strategies, paving the way for quicker, more accurate hiring processes, and a more dynamic employee experience. Accelerating Recruitment Through AI Traditionally, the recruitment cycle in companies was often a prolonged affair, with paperwork, candidate evaluations, and interview processes dragging on for days or even weeks. However, by adopting AI, the company has reduced the time taken to finalize job offers from a long 10 days to just one day. This impressive 90% reduction in time is thanks to AI tools that automate document verification, candidate screening, and resume matching....

For bald men, keeping the scalp smooth and irritation-free can sometimes feel like an ongoing battle. From razor burns to sunburns and everything in between, it’s easy for things to get uncomfortable. But don't worry, you can prevent and treat scalp irritation without breaking a sweat. With the right grooming routine and a few tricks up your sleeve, you’ll keep your bald head looking fresh and healthy. 1. Moisturize As Much As You Can! One of the most common causes of scalp irritation is dryness. The skin on your head needs moisture to stay smooth, soft, and irritation-free. That’s where a bald head moisturiser comes in. Look for one that’s lightweight, fast-absorbing, and non-greasy so you’re not left with a shiny, sticky dome. Halo Care offers moisturizer (which is also a SPF) that is designed specifically for bald heads, nourishing the skin without leaving it feeling heavy. You can also opt for other brands like Nivea or The Man Company .  2. Shave Smart With Pre-Shave Oil If ...