The vehicle and assets finance division of Standard Bank will soon boast improved throughput tmes, with new practices guaranteed to provide at least a 10% improvement.
US-based eg solutions has signed its first deal in Africa with the banking group and will apply its principles of operational management to achieve consistent management practices, improved team leader capability and cost benefits in division.
Standard Bank operates from 18 African countries and 21 countries on other continents, with more than 42 000 employees.
eg solutions has put in place a guarantee to achieve a 10% increase on the bank's throughput times.
Using the eg principles of operational management, the company will conduct a structured training and coaching program for managers and team leaders to ensure consistent application of capacity planning and work allocation, communication and motivation techniques.
Derek Brown, MD of eg South Africa, says: "Securing this deal confirms our research that there is a ready market for eg in South Africa. Having worked in South Africa for the last 12 years, I am confident we will be able to significantly increase our customer base in South Africa in the near future."
eg solutions has an office in Johannesburg and is currently recruiting to build a full team in South Africa, serving both this country and other countries in Africa.