With this launch, Infosys 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. This will help companies streamline their HR operations and reduce operational costs.
Infosys has said that its 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.
Anantha Radhakrishnan, vice president at Infosys, said: “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. 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.”
Tibor Beles, vice president of business process outsourcing at Oracle, said: “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. 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.”
Will this collaboration benefit both the firms?
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