Absoft announces major SAP Payroll contract win
Absoft Limited, the specialist supplier of SAP consultancy and support services, today announced contracts in the region of £200,000 with FMC Technologies Ltd for the provision of an SAP payroll system. Absoft and FMC have been working together for the past 2 years and FMC have recently formalised this partnership with the signing of a 3-year support contract.
The new SAP system will modernise FMC’s payroll, integrating it with the company’s existing corporate landscape where SAP is currently used to support the company’s global Finance, HR, Supply Chain Management, Manufacturing, Sales and Services operations.
This SAP implementation, which was awarded to Absoft after a rigorous tender process, will bring significant modernising benefits to FMC’s payroll. These benefits include greater reporting functionality such as the generation of statutory and legal reports during the payroll-processing period and year-end processing as well as the capacity to accommodate complex shift planning requirements. FMC have 750 employees in the UK.
Commenting on FMC contract, Absoft Managing Director Ian Mechie said: “ We are very pleased that FMC has selected Absoft to modernise its Payroll system through extending its implementation of SAP’s world leading Human Capital Management System. Consultants from Absoft’s dedicated Human Resources team will work very closely with FMC to deliver global best practice while continuing to support the complex needs of a growing organisation.”
SAP is the world’s number one Human Capital Management (HCM) system. Deployed in 60 countries worldwide, over 54 million employees are supported by SAP’s HCM solution.
Ian Wishart, Financial Director of FMC Technologies commented: “We are happy to be extending our partnership with Absoft to include our payroll system. Absoft’s experience in the Oil and Gas sector, coupled with their HR and payroll expertise, were key factors in our decision making process when selecting an implementation partner.”