MANILA & MARKHAM, Feb. 11 -- CNW-AsiaNet
The Philippines Long Distance Telephone Company (PLDT) (PSE: TEL, NYSE: PHI) has begun deploying a Web-based human resources (e-HR) solution designed by Geac(R) (NASDAQ:GEAC, TSX:GAC), a global enterprise software company for Business Performance Management. PLDT awarded Geac a three-year contract in June 2003 to implement the system, which will simplify HR administration for PLDT's 10,000 employees. Using Geac's SmartStream(TM) software, PLDT will be better able to expand its operating efficiency and automate many of its existing HR and payroll processes. It will also provide employees electronic access to many HR functions.
The contract, previously recognized, extends the Geac SmartStream financial solution already being used by PLDT. The Human Resource solution includes processes related to Recruitment, Performance Management, Training, Benefits and Compensation Management as well as medical services.
Victorico P. Vargas, Human Resources and Infrastructure Management Head, PLDT, said: "Our vision is to provide our employees immediate access to HR services and to ensure availability of information whenever they need it. The Geac solution provides a facility to our employees regardless of their location and gives them the ability to transact business with the available HR online services."
Norbert Kiss, Managing Director, Geac Asia, said: "We are honored to be awarded this contract from PLDT, and to be an integral part of a major business performance management initiative within the company. To meet the e-HR vision of PLDT is technically challenging. However, working with PLDT we are able to deliver a solution that gives their employees immediate access to their HR department. This solution shows that PLDT is a leader in HR management."
The SmartStream HR solution is being localized for PLDT and complies with the statutory requirements of Philippine laws. The solution gives PLDT staff access to HR services via the company's Intranet using a standard Web browser. SmartStream HR gives an employee the much needed empowerment and ability to apply for vacation, sick leave, enquire about medical benefits, request training, view pay slips, check outstanding vacation days, apply for positions within PLDT and more without passing through the usual help desk and inquiry services thereby enabling HR personnel to focus more in strategic undertakings and critical functions.
PLDT's e-HR project utilizes SmartStream HR suite of solutions and a Web-based module for the self-service features. The database is being powered by Sybase and runs on an HP-UX platform. The system is fully integrated with PLDT's Geac SmartStream financial systems, further streamlining the company's operations.
Implementation has already commenced. e-HR has already been rolled out; Payroll, Benefits, Training, Recruitment, Leaves, Industrial Relations, Medical, and Skills and Competency modules are in the process of deployment and database population.
About PLDT
PLDT is the leading telecommunications provider in the Philippines. Through its three principal business groups - fixed line, wireless and information communications technology - PLDT offers a wide range oftelecommunications services across the Philippines with its most extensive fiber optic backbone and fixed line, cellular and satellite network.
PLDT is listed on the Philippine Stock Exchange (PSE:TEL) and its American depository shares are listed on the New York Stock Exchange (NYSE:PHI) and the Pacific Exchange. PLDT has one of the largest marketcapitalizations among Philippine listed companies.
Further information can be obtained by visiting the Web at: www.pldt.com.ph
About Geac
Geac (NASDAQ: GEAC, TSX: GAC) is a global enterprise software company for Business Performance Management, providing customers worldwide with the core financial and operational solutions and services to improve their business performance in real time. Further information is available at http://www.geac.com or through e-mail at info(at)geac.com
This press release may contain forward-looking statements based on current expectations. Important factors that could cause a material difference between these forward-looking statements and actual events include those set forth under the heading "Risk Factors" in Geac's Form 20-F for the fiscal year ended April 30, 2003 filed with the United States Securities and Exchange Commission on October 31, 2003, copies of which are available through the website maintained by the SEC at www.sec.gov; and under the heading "Risks and Uncertainties" in Geac's Management Discussion and Analysis for the fiscal year ended April 30, 2003 filed with the Canadian Securities Administrators on June 25, 2003 and available through the website maintained by the Canadian Depository for Securities Limited at www.sedar.com. Geac is a registered trademark of Geac Computer Corporation Limited. All other marks are trademarks of their respective owners.
SOURCE: Geac Computer Corporation Limited
CONTACT: Investor Contact:
Melody Firth,
Geac,
+1 905-475-0525, x3325,
[email protected];
Media Contact-Asia:
Norbert Kiss,
Geac,
+65 6352-7170,
[email protected];
Media Contact-North America:
David Domeshek,
Geac,
+1 508-871-5064,
[email protected]
--Distributed by AsiaNet (www.asianetnews.net)--