BearingPoint and Oracle Launch Solution to Streamline Employee “On-Boarding” and “Off-Boarding”
BearingPoint, Inc. (NYSE: BE), one of the world’s largest management and technology consulting firms, and Oracle today announced the availability of a new solution to better automate and streamline employee “on-boarding” and “off-boarding” for large organizations.
BearingPoint has leveraged its long-standing relationship with Oracle and experience in Business Process Management, Service Oriented Architecture (SOA), and Human Capital Management (HCM) to design and develop the solution, which will help streamline the process of integrating a new hire from job offer to orientation to his/her engagement with job goals and performance objectives.
Available from BearingPoint (visit www.bearingpoint.com/hr), the solution aligns with an array of business systems including HRMS/Talent Management, payroll, finance, IT, facilities management, security and procurement, helping companies save time and resources throughout the on-boarding process. In addition, the solution can also be used to address challenges associated with off-boarding such as the return of valuable company assets and the shutting down of building/system access when employees leave an organization.
“On-boarding is much more than a series of administrative tasks such as receiving an ID badge and establishing benefit elections,” said Robert Hershey, senior vice president and Global Oracle Practice Leader at BearingPoint. “It is a critical business process that, if not done strategically, can drive up costs and delay employee integration. Large organizations can waste millions of dollars a year through error-prone, manual processes.”
“It was logical to look to BearingPoint to build an on-boarding and off-boarding solution based on Oracle Business Process Management,” said Gretchen Alarcon, vice president of HCM Product Strategy, Oracle. “BearingPoint has expertise with Oracle Fusion Middleware, extensive on-the-ground experience in the field, and a strong team of human capital management professionals. On-boarding has not been a top priority for companies in the past, but more CIOs are recognizing that becoming more effective in this area can provide a competitive advantage. Automating on-boarding, off-boarding and other HR processes can deliver substantial ROI for corporations.”
BearingPoint’s on-boarding and off-boarding Diagnostic Offering can help organizations take the first step to baseline current activities and costs, diagnose inefficiencies and control weaknesses, develop a conceptual future state model, build a deployment roadmap, define the required SOA governance and architecture, and ultimately develop the ROI/business case.
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