BANGALORE: Infosys Technologies (Infosys), has announced that it has teamed up with Oracle through the 'BPO Powered by Oracle program', and is launching a comprehensive managed services platform for multi-function HR through its Infosys Business Platforms offering.

With this launch, Infosys, as a press release says, moves into the next generation of multi-process HR transformational outsourcing. This platform is built on technology and will enable process transformation, while also being cost-effective. This will help companies streamline their HR operations and reduce operational costs, adds the press release.

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 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.

"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."