Infosys and Oracle have completed implementing a global human capital management (HCM) system for oil and gas drilling and production firm Weatherford International.
Based on Oracle's PeopleSoft Enterprise, the system is reported to be transforming Weatherford's processes by streamlining its HCM operations and reducing administration costs.
Neal Gillenwater, vice president of HR at Weatherford, says key benefits include consolidation, standardisation and automation of processes across 800 service bases around the world, in one instance resulting in more than $3 million savings.
He also cites the value of instant access to data relating to capabilities of the company's 42,000 employees doing work in more than 100 countries.
"The key to success in this programme was leveraging the operational and global human resources expertise of our HR team, and combining this with the global implementation experience of Infosys," says Gillenwater.
"From defining global processes to engineering and implementing the HCM solution, Infosys has partnered with us to adopt best practices and transform successfully."
He says Weatherford chose Infosys because of its enterprise software expertise, business consulting and technology knowledge. Oracle's PeopleSoft Enterprise HCM solution then came top of the list for its ability to adapt to the variety of local requirements around the world.