The Hindu : Business : Oracle payroll software with `local flavour'

Online edition of India's National Newspaper
Friday, Apr 30, 2004

Business

Business

Oracle payroll software with `local flavour'

By Our Staff Reporter

BANGALORE, APRIL 29. Relational Database maker Oracle's Indian business, Oracle India will offer its customers in this region a payroll software application that will have help "global management with a local flavour,'' senior company executive said here on Thursday.

Oracle India will initially sell the software, which, for instance, will include Indian tax forms, to some 40 existing customers, Shekar Dasgupta, Managing Director of the company told reporters.

A Human Resource Management System (HRMS) that was flexible to handle disparate needs of an enterprise with "centralised management but local leadership,'' was required in several fast growing segments, Joel Summers, a senior vice president at Oracle said. This was reflected by the way HR was handled within Oracle too, Mr. Summers said, who heads the global development of the HRMS.

With rapid growth in the IT sector in this region, companies were hiring by the thousands. This made retention of staff a challenging task. So, "we would like even our line managers to have clarity on the company's recruitment policy while having more decision making authority,'' he said.

Murali Subramanian, who heads e-business development in India, said it is estimated that the number of IT engineers would triple to some two million people by the year 2008. So, in the context of large Indian IT firms expanding and more multinational firms shipping IT jobs to locations such as Bangalore, the competition for talent was unlikely to abate in the near future, he said.

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