Infor, a leading provider of beautiful business applications specialized by industry and built for the cloud, today announced that Future Group, one of India's retail pioneers with multiple retail formats, has chosen Infor CloudSuite HCM, WFM, Payroll and Infor XM - to optimize its talent management and acquisition function, catering to fast-growing HR demands within the company.
Headquartered in Mumbai and spread over stores in over 240 cities across India, Future Group employs more than 43,000 people directly and this number is growing. To help cope with an expanding business that will have to be even more responsive to an ever-growing number of new and existing employees, Future Group will roll out Infor's HCM suite comprising natively-developed functionalities and acquired applications for requirements such as new-hire on-boarding, off-boarding, employee rewards management, payroll, time and attendance, scheduling, absence management, compensation management, goal-setting, learning management, advanced pre-hiring assessment, and elements of core HR. In essence, Infor will provide Future Group with a broad toolset of beautiful, industry-specific applications with flexible deployment options that help fit their business and technology strategy - from workforce management, to training, and to talent science. The solution is expected to go-live in the next six months.
"Human Capital Management is an integral part of the organizational strategy, capable of driving better business performance by enabling the People Office function and employees alike. Our expectation is for a technology solution that will meet our workforce needs today and also adapt rapidly to future requirements. We believe that Infor's HCM solution can create this value for our organization," said Rakesh Biyani, Joint Managing Director, Future Retail Ltd.
"We are excited to enable the HR function of one of the leading retail groups in India. We understand that in a dynamic and competitive consumer landscape, companies need to have a technology platform that is robust enough to help recruit, retain, and advance the right team members. This should happen while simultaneously providing critical data that will help contribute to a well-rounded talent management strategy," said Ashish Dass, Vice President & Managing Director, South Asian Subcontinent, Infor India.
Infor CloudSuite HCM is designed to offer a set of software solutions that can be deployed alone or in any combination to help optimize workforce and related HR processes to support the entire life cycle of the employee and includes Infor Global HR, Infor HR Service Delivery, Infor Talent Management, Infor Learning Management, Infor Talent Science and Infor Workforce Management.
About Future Group
Future Group (futuregroup.in) is the pioneer in the Indian retail sector and focuses on developing and operating modern retail networks, consumer goods brands and logistics networks for the consumption sector in India. Future Group believes in developing strong insights on Indian consumers and building businesses based on Indian ideas, as espoused in the group's core value of 'Indianness'. The group's corporate credo is,'Rewrite rules, Retail values'. Future Group operates through its four listed entities -Future Retail Limited, Future Lifestyle Fashions Limited, Future Consumer Limited and Future Enterprise Limited. Collectively, Future Group operates around 18.5 million square feet of retail space in over 240 cities and towns across India and provides direct employment to over 43,000 people. Around 30 million Indians are part of Future Group's loyalty networks.
Infor (infor.com) builds business software for specific industries in the cloud. With 15,000 employees and over 90,000 customers in more than 170 countries, Infor software is designed for progress.