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 Web References

  1. 1. Best Practice Strategies for Managing the Staffing, Recruitment and Retention of IT Professionals-- Conference Agenda
    www.imgevents.com/sitss/sitss0 - [Cached]

    Published on: 7/1/2001   Last Visited: 2/19/2002

    Bruce Dunn Vice President, Deutsche Bank

    Deutsche Bank selected Chimes / Centralized Vendor Management (CVM) to provide e-procurement solutions for external human resource acquisition and management. DB implemented the Chimes Application Service Provider model along with its rich human capital acquisition and management workflow beginning January 2001. Chimes manages approximately $100 million of the most dynamic E-commerce spend at Deutsche Bank.

    • DB business issues that prompted web-based Human Capital Solution
  2. 2. Chimes
    www.chimesnet.com/public/newsr - [Cached]

    Published on: 6/4/2001   Last Visited: 3/18/2004

    It also automates some billing and payroll processing for contractors, said Deutsche Bank Vice President Bruce Dunn.

    The software helps the bank compare what it pays for certain skills to market rates for similar skills, Dunn told the audience at last week's Strategic IT Staffing Conference here.

    If the Computer Horizons Information Management Efficiency System (CHIMES) works well in New York, Deutsche Bank may extend it to its other U.S. offices, as well offices in Australia and Japan, he said.

    Efficiency Sought

    Dunn hasn't yet determined whether the software will actually reduce the number of contractor hours Deutsche Bank pays for, but he did say its tracking and record-keeping functions could help the company negotiate better deals with service providers.

    For instance, the system is helping to centralize the contractor hiring process, so the bank will know not only billing rates but also how quickly contractors are being paid by individual managers. By arranging to pay for services within the first 30 days, Deutsche Bank could negotiate lower rates for its contractors.

    Even a 5% to 10% reduction in the $150 million the bank spends annually on IT consultants and project managers would be significant savings, Dunn said.
  3. 3. Chimes
    www.chimesnet.org/public/newsr - [Cached]

    Published on: 6/4/2001   Last Visited: 4/18/2004

    It also automates some billing and payroll processing for contractors, said Deutsche Bank Vice President Bruce Dunn.

    The software helps the bank compare what it pays for certain skills to market rates for similar skills, Dunn told the audience at last week's Strategic IT Staffing Conference here.

    If the Computer Horizons Information Management Efficiency System (CHIMES) works well in New York, Deutsche Bank may extend it to its other U.S. offices, as well offices in Australia and Japan, he said.

    Efficiency Sought

    Dunn hasn't yet determined whether the software will actually reduce the number of contractor hours Deutsche Bank pays for, but he did say its tracking and record-keeping functions could help the company negotiate better deals with service providers.

    For instance, the system is helping to centralize the contractor hiring process, so the bank will know not only billing rates but also how quickly contractors are being paid by individual managers. By arranging to pay for services within the first 30 days, Deutsche Bank could negotiate lower rates for its contractors.

    Even a 5% to 10% reduction in the $150 million the bank spends annually on IT consultants and project managers would be significant savings, Dunn said.

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