Infosys Technologies has announced that it has teamed up with Oracle through the 'BPO Powered by Oracle program', and is launching a managed services platform for multi-function HR through its Infosys Business Platforms offering. With this launch, Infosys hopes to move into the next generation of multi-process HR transformational outsourcing.
The company claims this will help companies streamline their HR operations and reduce operational costs. The Infosys Business Platform for HR frees up significant capital expenditure locked into HR technology and process investments, allowing the HR function to be a strategic enabler of an organization's business objectives, the company said.
The Infosys Business Platform for HR is built on Oracle's PeopleSoft Enterprise Human Capital Management (HCM) Suite and offers the Hire-to-Retire processes and operations such as HR Administration, Payroll and Talent Management functions like Recruitment, Performance Management, and Learning Management in a fully hosted and managed environment.
Clients can take advantage of the scalable IT infrastructure to achieve economies of scale, best practices and variable cost models. Offshore teams will provide integrated technology, process and language support from multiple offshore and near-shore delivery centers. The shared services business model helps clients realize transformational benefits by unlocking capital expenditure, streamlining business processes and enhancing operational performance metrics.
"We are excited to team up with Oracle and are already seeing early successes of this model in Australia and New Zealand. The launch will also extend to Asia, Europe and the Americas," said Anantha Radhakrishnan, Vice President, Infosys. "This unique bundling of HR technology, application services, HCM process consulting and BPO delivers transformational value using levers such as global sourcing, technology innovation, process optimization, scale and centralization," he added.
"The combination of Oracle's PeopleSoft Enterprise HCM Suite and Infosys' world-class IT and HR capabilities can help global organizations achieve HR process transformation and cost reduction using a 'pay-as-you-go' variable pricing model," said Tibor Beles, Vice President, Oracle Business Process Outsourcing. "We are impressed with Infosys' execution capabilities as demonstrated by winning their first customers on Infosys Business Platform for HR within the first few months of working together," he said.
Reprinted with permission from Channelworld India. Story copyright 2009 Channelworld India Inc. All rights reserved.
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