BANGALORE, INDIA: IT services major Infosys Technologies today 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 moves into the next generation of multi-process HR transformational outsourcing, said a press release. 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 said the 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 platform 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, the release added.
"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.
Tibor Beles, vice president, Oracle Business Process Outsourcing, said this Infosys-Oracle combination 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,” he said.