Infosys Technologies, in association with Oracle, will offer managed services platform that will help companies streamline their human resource (HR) operations and reduce costs.
"The platform enables us to offer the next generation of multi-process HR transformational outsourcing to our global clients cost-effectively," the company said in a statement.
Built on Oracle's PeopleSoft enterprise human capital management suite, the offering will help companies streamline their HR operations and reduce costs, as it includes hire-to-retire processes and functions such as HR administration, payroll and talent management.
"Clients can take advantage of the scalable IT infrastructure to achieve economies of scale, best practices and variable cost models," Infosys vice-president Anantha Radhakrishnan said.
"Offshore teams will provide integrated technology, process and language support from multiple offshore and near-shore delivery centers."
The global software major has teamed with Oracle to promote the offering in Australia and New Zealand and extend it to Asia, Europe and the Americas.
Oracle vice-president Tibor Beles said the combination of Oracle's platform and Infosys' IT and HR capabilities can help global organisations achieve HR process transformation and cost reduction using a "pay-as-you-go" variable pricing model.