Chennai, 600002,
India
Equitas Small Finance Bank Technographics
Equitas Small Finance Bank Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Equitas Small Finance Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 20563 Equitas Small Finance Bank employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Equitas Small Finance Bank has purchased the following applications: Tally ERP for ERP Financial in 2018, PeopleStrong Leave and Attendance for Absence and Leave Management in 2022, Cisco Webex Meetings for Audio Video and Web Conferencing in 2020 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Equitas Small Finance Bank is running and its propensity to invest more and deepen its relationship with Tally Solutions , PeopleStrong , SAP or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Equitas Small Finance Bank revenues, which have grown to $362.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Equitas Small Finance Bank intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Equitas Small Finance Bank Tech Stack and Enterprise Applications
Equitas Small Finance Bank ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Tally Solutions | Legacy | Tally ERP | ERP Financial | ERP | n/a | 2018 | 2018 |
In 2018, Equitas Small Finance Bank implemented Tally ERP in the ERP Financial category. The deployment positioned Tally ERP as the bank's accounting and statutory bookkeeping system supporting payroll accounting processes coordinated by the Payroll - HRSS Department.
Tally ERP was configured to manage core financial ledgers and payroll accounting entries, including Salary Payable, Loan and advances, and recovery accounts. Functional capabilities documented in deployment procedures include journal posting validation, salary reconciliation, and maintenance of statutory ledgers for PF, ESI, TDS, PT, and LWF.
The implementation was aligned with the bank's SAP HCM payroll landscape and Success Factor integrations, with payroll inputs flowing from Employee Central and SAP HCM payroll processing into the accounting layer. Operationally this created an end to end chain where payroll outputs from SAP HCM and Success Factor replication were validated and posted as accounting journals into Tally ERP to reconcile payroll and statutory books.
Governance and operational controls centered on the Payroll team and owner-level validation checkpoints, monthly gross pay reconciliation and CTC reports, full and final settlement procedures, and handling of audit queries related to payroll statutory compliance. Controls also covered collection and verification of investment proofs for TDS processing and issuance of Form 16, with documented validation steps to ensure payroll accounting entries in Tally ERP matched statutory obligations.
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ERP Financial | ERP |
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2018 | 2018 |
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Equitas Small Finance Bank HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| PeopleStrong | Legacy | PeopleStrong Leave and Attendance | Absence and Leave Management | HCM | n/a | 2022 | 2023 |
In 2022, Equitas Small Finance Bank implemented PeopleStrong Leave and Attendance as its Absence and Leave Management solution for the Human Resources function. The deployment was scoped to centralize leave administration and attendance capture across the bank, aligning with HR objectives to engage, enable and empower employees across business units and branches.
PeopleStrong Leave and Attendance was configured with core modules for leave administration, attendance recording, approval workflows, policy configuration, entitlement calculation and employee self service on mobile and web. The implementation emphasized manager self service for approvals, automated routing based on policy rules and real time time off balance visibility to standardize absence processes and reduce manual HR interventions.
During FY23 the HR function shifted to a cloud based HRMS called HoRizone, which significantly improved the mobile and web experience for candidates, employees and people managers and introduced new gen features such as Chatbot Jinie and workplace collaborator Zippie to help answer routine queries. Governance measures focused on central policy enforcement, streamlined approval workflows and embedding lifecycle management into HR operations across departments, with PeopleStrong Leave and Attendance providing Absence and Leave Management capability within the broader HR modernization program.
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Core HR | HCM |
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2018 | 2018 |
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Core HR | HCM |
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2022 | 2023 |
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Learning and Development | HCM |
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2022 | 2023 |
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Onboarding | HCM |
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2022 | 2023 |
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Payroll | HCM |
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2018 | 2018 |
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Payroll | HCM |
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2022 | 2023 |
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Performance and Goal Management | HCM |
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2022 | 2023 |
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Recruiting | HCM |
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2022 | 2023 |
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Succession and Leadership Planning | HCM |
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2022 | 2023 |
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Equitas Small Finance Bank Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Cisco Systems | Legacy | Cisco Webex Meetings | Audio Video and Web Conferencing | Collaboration | n/a | 2020 | 2020 |
In 2020, Equitas Small Finance Bank deployed Cisco Webex Meetings to provide Audio Video and Web Conferencing capabilities. The bank uses Cisco Webex Meetings embedded on its public website to enable browser-based meeting joins and scheduled virtual sessions, supporting both internal collaboration and customer-facing interactions. Functional capabilities implemented include meeting scheduling, video and audio conferencing, screen sharing, recording, and attendee management, reflecting standard Audio Video and Web Conferencing workflows.
The implementation leverages Cisco Webex Meetings as a cloud-hosted conferencing layer integrated into the bank website, with administration and policy controls used to manage user access and meeting configurations. Governance emphasizes centralized meeting policy enforcement and administrative oversight to support corporate collaboration and customer engagement across Equitas Small Finance Bank operations in India, while standard Webex configuration and browser join flows handle participant connectivity and session orchestration.
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Collaboration | Collaboration |
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2021 | 2021 |
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Equitas Small Finance Bank CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Customer Engagement | CRM |
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2019 | 2019 |
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Customer Loyalty | CRM |
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2020 | 2020 |
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Equitas Small Finance Bank TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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AML, Fraud and Compliance | TRM |
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2020 | 2020 |
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Equitas Small Finance Bank IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2015 | 2015 |
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Application Hosting and Computing Services | IaaS |
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2021 | 2021 |
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Cloud Storage | IaaS |
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2020 | 2020 |
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Equitas Small Finance Bank CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2021 | 2021 |
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IT Decision Makers and Key Stakeholders at Equitas Small Finance Bank
Apps Being Evaluated by Equitas Small Finance Bank Executives
| Date | Company | Status | Vendor | Product | Category | Market |
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| 2026-05-12 | Equitas Small Finance Bank | Evaluated | Clari5 | Clari5 Platform | AML, Fraud and Compliance | TRM |
| 2025-03-11 | Equitas Small Finance Bank | Evaluated | Ramco Systems | Ramco ERP | ERP Financial | ERP |