The system enables instant access to data relating to employee capabilities of the company’s 42,000 employees
Infosys Technologies and Oracle have completed the implementation of a global human capital management system, based on Oracle’s PeopleSoft Enterprise, at Weatherford International, a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells.
Infosys claims that this program has effectively transformed the company’s processes by streamlining its human capital management (HCM) operations and reducing administration costs while enabling it to accelerate business decisions.
According to Infosys, 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. In addition, by moving to streamlined operations, the company was able to reduce cycle time for certain HCM tasks by as much as 85%.
Neal Gillenwater, vice president of human resources at Weatherford, said: 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. From defining global processes to engineering and implementing the HCM solution, Infosys has partnered with us to adopt best practices and transform successfully.
Prasad Thrikutam, senior vice president and head of energy, utilities and services at Infosys Technologies, said: 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. Thanks to this combined effort, Weatherford may now leverage the single view of operations to achieve deeper relationships with both clients and employees.