Infosys Technologies and Oracle have announced the completion of the implementation of a global human capital management (HCM) system, based on Oracle’s PeopleSoft Enterprise, at Weatherford International.In one instance, the implementation of a single automated process produced more than US$3 million in savings.
Weatherford, one of the largest global providers of 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.
Over a period of 18 months, Weatherford and Infosys partnered together to consolidate, standardise and automate processes across 800 service bases around the world. By working together, the companies were able to automate HR processes specific to each country. In one instance, the implementation of a single automated process produced more than US$3 million in savings.
The HCM system enables instant access to data relating to employee capabilities of the company’s 42,000 employees doing work in more than 100 countries, so managers can meet particular client needs as well as fulfill regional legal compliance mandates automatically. By moving to streamlined operations, the company was able to reduce cycle time for certain HCM tasks by as much as 85 percent.
Weatherford and Infosys collaborated to re-engineer many key HR processes that would leverage Weatherford’s competitive advantages in oilfield operations. After a thorough evaluation, Weatherford selected Oracle’s PeopleSoft Enterprise Human Capital Management solution based on its ability to adapt to the variety of local requirements in each country. As a result, Weatherford’s corporate and regional HR groups were able to provide their insight into HR practices in the respective countries to enhance the effectiveness of the program
“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. “From defining global processes to engineering and implementing the HCM solution, Infosys has partnered with us to adopt best practices and transform successfully.”
“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. “Thanks to this combined effort, Weatherford may now leverage the single view of operations to achieve deeper relationships with both clients and employees.”
