Kuwait City, x,
Kuwait
Industrial Bank of Kuwait Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Industrial Bank of Kuwait and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 250 Industrial Bank of Kuwait employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Industrial Bank of Kuwait has purchased the following applications: 2Interact iExpense for Expense Management in 2012, 2Interact iLeave for Absence and Leave Management in 2012, 2Interact iAssets for Enterprise Asset Management in 2012 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Industrial Bank of Kuwait is running and its propensity to invest more and deepen its relationship with 2Interact 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 Industrial Bank of Kuwait revenues, which have grown to $30.0 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 Industrial Bank of Kuwait 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.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| 2Interact | Legacy | 2Interact iExpense | Expense Management | ERP Financial Management | n/a | 2012 | 2013 |
In 2012, Industrial Bank of Kuwait is listed as a customer of 2Interact for HRMS, and public records allow inference of use of the 2Interact iExpense application within the Expense Management category. The HRMS engagement explicitly covered HR and related payroll and finance processes in Kuwait, which supports the interpretation that employee expense workflows were managed alongside those functions.
The 2Interact iExpense application, inferred from the HRMS relationship, aligns with Expense Management functional capabilities such as employee expense submission, configurable approval routing, policy enforcement, and expense-to-payroll or expense-to-accounting handoffs. Configuration and automation were likely focused on localized payroll and currency handling for Kuwait, and on automating manager approvals and finance reconciliation consistent with Expense Management best practices.
Operational scope centered on Kuwait and impacted HR, payroll, and finance business functions, positioning Industrial Bank of Kuwait 2Interact iExpense Expense Management as an integrated component of HR to finance operations. Governance emphasis in this context would typically include centralized expense policy configuration and role based approval workflows managed by HR operations and finance, reflecting standard process control for Expense Management implementations.
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HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| 2Interact | Legacy | 2Interact iLeave | Absence and Leave Management | HCM | n/a | 2012 | 2012 |
In 2012, Industrial Bank of Kuwait implemented 2Interact iLeave as part of 2Interact Interact HRMS to manage HR and payroll/leave administration across its Kuwait operations, aligning the deployment to the bank's HR/payroll process area. The 2Interact iLeave leave-management module is recorded as the component of the Interact HRMS purchase in 2012.
The implementation configured 2Interact iLeave for core leave management workflows, including absence tracking, leave entitlement calculation, and centralized leave request and approval processing, mapped to the bank's HR administration and payroll administration processes. Configuration work emphasized leave policy setup, accrual rules, and role based approvals to reflect Kuwait operational requirements, and the full application name 2Interact iLeave was used in operational documentation and training.
Operational coverage focused on HR and payroll teams across Industrial Bank of Kuwait's Kuwait operations, centralizing leave administration and standardizing absence management workflows. Governance centered on HR ownership of system administration, role based access to HRMS records, and defined approval workflows for leave requests during the rollout.
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Absence and Leave Management | HCM |
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2012 | 2012 |
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BackGround Screening | HCM |
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2012 | 2012 |
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Benefits Administration | HCM |
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2012 | 2012 |
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Core HR | HCM |
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2012 | 2012 |
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Employee Self Service | HCM |
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2012 | 2012 |
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Environment, Health and Safety (EHS) | HCM |
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2012 | 2012 |
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Onboarding | HCM |
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2012 | 2012 |
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Recruiting | HCM |
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2015 | 2016 |
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Succession and Leadership Planning | HCM |
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2012 | 2012 |
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Workforce Management | HCM |
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2012 | 2012 |
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ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| 2Interact | Legacy | 2Interact iAssets | Enterprise Asset Management | ERP Services and Operations | n/a | 2012 | 2012 |
In 2012, Industrial Bank of Kuwait implemented 2Interact iAssets as part of a broader 2Interact HRMS deployment to manage core HR, including payroll and employee records, across its Kuwait operations. Industrial Bank of Kuwait 2Interact iAssets HRMS was positioned to support the bank's human resources and payroll business functions through a centralized application footprint.
The implementation consolidated employee master records, payroll processing workflows, and core HR administration within 2Interact iAssets, with inferred use of the iAssets asset management module to track physical and IT assets alongside personnel data. Configuration aligned with common HRMS patterns, including role based access control, payroll scheduling, and standardized HR data schemas to support end to end HR operational processes.
Operational coverage was scoped to Kuwait operations and focused on HR and payroll departments, centralizing HR administration under the 2Interact iAssets application. Governance was organized around HR process ownership and application level access controls to enforce payroll and personnel record workflows, with rollout coordination conducted at the HR operational unit level rather than as a multi country program.
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