Infosys Technologies (Infosys)
, a major player in consulting and information technology services, reportedly
has teamed up with Oracle
through the ‘BPO Powered by Oracle’ (News
) program, and is launching a comprehensive managed services platform for multi-function HR through its Infosys Business Platforms offering.
According to Infosys (News
) officials the company with this launch moves into the next generation of multi-process HR transformational outsourcing.
This platform is built on state-of-the-art technology and will enable process transformation, while also being cost-effective. Company officials said that this will help companies streamline their HR operations and reduce operational costs.
According to company officials, the Infosys Business Platform for HR is built on Oracle’s PeopleSoft Enterprise Human Capital Management (HCM) Suite and offers the entire “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.
Company officials said that 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 unique shared services business model, the company officials said 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, in a statement.
Radhakrishnan said that 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.
“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.
Beles said that the company is 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.
In June TMCnet reported
that Infosys Technologies has launched
its so-called “FinacleT Direct Banking Solution,” which supports the delivery of a range of assets and liabilities solutions, through the Internet, for mobile or call center channels.
Officials at Infosys said that the company also offers complete operational partnership along with the solution including consulting, implementation and BPO.Anil Sharma is a contributing editor for TMCnet. To read more of Anil’s articles, please visit his columnist page.
Edited by Marisa Torrieri