Atlanta, GA (PRWEB) September 9, 2005
ARINSO International (EuroNext Brussels: ARIN), a leading provider of HR services, announced today a new contract with Innovene, one of the largest petrochemical companies in the world. Under this contract, ARINSO will partner with Innovene to deliver a global HR SAP platform and Payroll services for more than 8,000 employees across North America, Europe and Asia.
The solution will be based on ARINSO's euHRekaÂ® platform and will be subject to national labour law provisions, in particular co-determination rules. Within the framework of the recently signed Arinso / SAP HR BPO partnership program, ARINSO has developed a pre-configured and standardized platform supporting all HR processes (including multi country payroll), enabling customers to benefit from high quality and cost-effective HR service delivery with an on-demand pricing approach. EuHRekaÂ® brings substantial competitive advantages in terms of reliability and quality of HR Service delivery, while lowering operating costs.
The Payroll contract with Innovene covers a period of 8 years. In addition Arinso will assist Innovene with the global implementation of Workforce Administration, Compensation and Benefits, Performance Management, Learning and Recruitment SAP modules. As of January 2006, ARINSO will start servicing the first Innovene countries and by January 2007 all countries will be supported through ARINSO's 'hub-&-spokes' service infrastructure powered by ARINSO's HR WorkspaceÂ®.
The rapid global transition is made possible through ARINSO's proven transformation capabilities, and the leveraged use of technology in the euHRekaÂ® platform, including country-specific best practices. Since ARINSO's experience in global HR and Payroll solutions is built into the pre-configured euHRekaÂ® platform, with process-appropriate standardization, globalization and localization, the transition of payroll services to ARINSO's global service centers can be accomplished quickly and smoothly. ARINSO's global transformation team is experienced in the design and transition of HR and Payroll services in over 45 countries, and uses a robust methodology that takes into account all levels of transition, including organizational readiness for the outsourced service delivery model. Services will be provided from ARINSO's HR Service Centers in Belgium (Brussels), US (Atlanta), and Malaysia (Kuala Lumpur).
Jos Sluys, CEO ARINSO International, ÂWe are extremely pleased with Innovene selecting ARINSO as partner for its HR and Payroll services. Being part of the BP Group, the Innovene team already has unequalled experience in working with external HR providers. Together we are creating a highly competitive HR organisation at Innovene, based on a strong, proven global HR service delivery model enabled by euHRekaÂ®.Â
Bob Cameron, Program Director Innovene, ÂWith ARINSO and its euHRekaÂ® platform, we have selected a partner who is leading on both a truly global service delivery approach and a unique HR platform. EuHRekaÂ® goes much beyond a preconfigured SAP solution and embeds global processes, an HR transformation roadmap, service delivery technology and an innovative service delivery model. Timing and budget would have been unachievable without ARINSO's euHRekaÂ® and proven expertise.Â
ARINSO International (Euronext Brussels: ARIN) is a global HR Services partner offering comprehensive HR business solutions to the world's largest employers. ARINSO is dedicated to HR Excellence through Strategic Consultancy, Outsourcing Services & Technology Integration Services.
ARINSO was founded in 1994, and currently employs close to 2,000 staff in 23 countries: Belgium, Luxemburg, the Netherlands, France, Spain, Portugal, Italy, the United Kingdom, Germany, Austria, Sweden, Finland, Poland, Switzerland, the United States, Canada, Argentina, Brazil, Mexico, Singapore, Malaysia, Thailand & Morocco.
For more information on ARINSO International, visit http://www.arinso.com.
Innovene was created as a wholly owned subsidiary of BP on April 1, 2005. BP may sell part of its stake in Innovene by way of an IPO later in 2005, subject to necessary approvals and market conditions. Innovene has more than $15bn of revenues, 40 billion pounds of petrochemical production volumes and $12bn in total assets.
Innovene's major manufacturing sites include Grangemouth in Scotland, LavÃ©ra in France, KÃ¶ln in Germany and Lima, Chocolate Bayou and Green Lake in the US.
Innovene manufactures petrochemicals, including olefins (ethylene and propylene) and their derivatives such as polyethylene, polypropylene, acrylonitrile, linear alpha olefins, polyalphaolefins, and solvents. These chemicals are used to make a wide variety of plastic goods, including food and drink containers and wrappings, pipe work, automotive parts and mouldings. Innovene also manufactures gasoline, diesel and other refined products in the Grangemouth and LavÃ©ra refineries.
The company's global headquarters are located in Chicago.
For more information on Innovene, visit http://www.innovene.com.
ARINSO International - US
VP Market Strategy & Business Development
VP Communications & Investor Relations
Tel. +32 2 558 06 70
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.
# # #