After all, clearly applications of HRIS have significant positive impact on firm’s financial performance
irrespective of ownership patterns; state-owned, private and foreign private commercial banks. However,
findings from the study may increase financial intelligence of today’s HR professionals by knowing the financial benefits over relatively justified operational benefits of HRIS applications in business. In addition, this study
may broader the existing literature on the true impact of HRIS applications in business by revealing its almost
hidden financial benefits. Finally, the study findings may also provide a good starting point to the future
researchers for further study on the financial aspects of today’s HRIS applications.