Infosys, Oracle aid Weatherford with HCM system

BANGALORE, INDIA: Indian IT major Infosys Technologies Limited and Oracle today announced the completion of the implementation of a global human capital management (HCM) system, based on Oracle’s PeopleSoft Enterprise, at Weatherford International Ltd..

This program has effectively transformed the company’s processes by streamlining its HCM operations and reducing administration costs while enabling it to accelerate business decisions, said a press release.

Weatherford, a provider of innovative mechanical solutions, technology and services for the drilling and production sectors of the oil and gas industry, launched the program as part of “One Weatherford,” a vision aimed at doubling the company’s size within the next four years.

The HCM system enables instant access to data relating to employee capabilities of the company’s 42,000 employees working in more than 100 countries, so managers can meet particular client needs as well as fulfill regional legal compliance mandates automatically, it added.

In addition, by moving to streamlined operations, the company was able to reduce cycle time for certain HCM tasks by as much as 85 percent.

“The key to success in this program was leveraging the operational and global human resources expertise of our HR team, and combining this with the global implementation experience of Infosys,” said Neal Gillenwater, vice president of Human Resources for Weatherford.

He added that from defining global processes to engineering and implementing the HCM solution, Infosys has partnered with them to adopt best practices and transform successfully.

The companies collaborated to re-engineer many key HR processes that would leverage Weatherford’s competitive advantages in oilfield operations.

“This large and complex project is successful because of the executive commitment from Weatherford, the combined knowledge of both Weatherford and Infosys, and support from the leading HCM vendor, Oracle,” said Prasad Thrikutam, senior vice president and head of Energy, Utilities and Services at Infosys Technologies.

Paco Aubrejuan, Oracle vice president, PeopleSoft Enterprise said, “Weatherford’s impressive cost and time savings due to the implementation of PeopleSoft Enterprise Human Capital Management demonstrates the value of the PeopleSoft solution for companies with geographically and operationally diverse operations.”

He added that the PeopleSoft Enterprise Human Capital Management has the ability to significantly decrease operational costs associated with both core human resources processes and talent management programs, especially when implemented by a seasoned, strategic partner such as Infosys.