RAMSEY, Isle of Man, April 12,
2013 /PRNewswire/ --
Please
refer to relevant legal information at the end of the document
IBS Group, a leading software development and IT services
provider in Central and Eastern
Europe, today announces that IBS IT Services, a member of
IBS Group, has launched an HR Management System (HRMS) for Mail.Ru
Group based on a solution by SAP.
The information system contains data on over 2,000 employees in
the Mail.Ru Group's offices nationwide. The potential automation
system was launched within tight deadlines and had to include a
deployment tool for an employee self-service portal with broad
functions (vacation and business trip applications, access to
personal data stored by the company, etc.).
The preparatory stage of the project took a mere two months.
Simultaneously, IBS IT Services was handling data migration and
reworked its standard SAP-based solution to meet individual needs
of Mail.Ru Group.
"Having studied the market, we realised that none of the
vendors could offer us a standard HR management automation solution
to match our needs exactly," comments Veronica Gedgafova, HR
Director of Mail.Ru Group. "Therefore, we had to choose
a partner whose standard system would be the best available match
for our requirements and customisable to our business processes,
with adequate IT and HR expertise, industry insight, and high
standards of automation processes. IBS Group has proved to be our
best choice, and its standard solution was reworked to meet our
requirements in consultation with our own HR, finance and IT
teams."
The implemented project ensures effective staff movement
management and compliance with all the personnel record and payroll
regulations, as well as financial (or management) accounting
rules.
Sergey Matsotsky, Senior Vice President of IBS Group,
commented on the project by saying: "We are proud to have proved
the competitive advantages of our company by showcasing our
competences and the benefits of using IBS solutions that we
developed drawing on our expertise of large-scale HR management
automation projects. Working with Mail.Ru Group was an exciting
experience because our partner was dedicated to putting this
complex project across and ready for the challenges posed by the
tight deadlines we had to meet and the broad functionality of the
system deployed. We consider it a fine example of how IT projects
implementation within reasonable timeframes and with quantifiable
results is made possible today through the joint efforts of a
competent client and a qualified developer."
The system will subsequently be enhanced by providing the
management realtime access through a dedicated portal to employee
data, such as payroll costs per each business unit, training,
holidays, business trip schedules, hiring plans, candidate
profiles, etc.
About IBS Group Holding Limited
IBS Group is a leading software development and IT services
provider in Central and Eastern
Europe. Through its two principal subsidiaries, Luxoft and
IBS IT Services, it offers a wide variety of information technology
services, such as software development and IT services outsourcing,
IT infrastructure and business applications implementation. IBS
Group has business operations in Russia, Ukraine, Romania, Poland, Germany, Switzerland, the UK, the USA, Vietnam
and Singapore. IBS Group employs
more than 8,300 people worldwide. In the year ended March 31, 2012, the Group reported US GAAP
consolidated revenues of USD816.3
million. IBS Group's Global Depositary Receipts are listed
on the Regulated Market (General Standard) at the Frankfurt Stock
Exchange (Bloomberg: IBSG:GR; Reuters: IBSGq.F)
About Mail.Ru Group
Mail.Ru Group (LSE:MAIL, listed since November 5, 2010) is a leading Internet company
in the high-growth Russian-speaking Internet markets (Russia is Europe's largest Internet market measured by
number of users, comScore). Mail.Ru Group's sites reach
approximately 85% of Russian Internet users on a monthly basis
(comScore, December 2012) and the
Company is in the TOP-5 largest Internet business, based on
the number of total pages viewed (comScore, December 2012).
In line with the Communitainment (Communications +
Entertainment) strategy the Company is moving rapidly to build an
integrated communication and entertainment platform. The Company
operates two of the three largest Russian language online social
networking sites (Odnoklassniki and Moi
Mir (or "My World")). The
Company also operates the two largest Instant Messaging networks in
Russia (Mail.Ru Agent and ICQ),
Russia's leading email service and
Russia's largest Internet portal
Mail.ru, and the Company operates Russia's largest online games platform.
The Company holds strategic minority equity stakes in
VKontakte (39.99%) and Qiwi, formerly OE Investments (21.35%). The
Company also holds small minority stakes in international Internet
companies including Facebook, and a number of small venture capital
investments in various Internet companies in Russia and Ukraine.
About SAP
As market leader in enterprise application software, SAP (NYSE:
SAP) helps companies of all sizes and industries run better. From
back office to boardroom, warehouse to storefront, desktop to
mobile device - SAP empowers people and organizations to work
together more efficiently and use business insight more effectively
to stay ahead of the competition. SAP applications and services
enable more than 195,000 customers (includes customers from the
acquisition of SuccessFactors) to operate profitably, adapt
continuously, and grow sustainably. For more information, visit
http://www.sap.com
Disclaimer
The information contained in this
press release is not for publication, distribution or release,
directly or indirectly, in any jurisdiction where such publication,
disclosure or release would be unlawful. This press release does
not constitute an offer for the sale of securities in the United States of America, Canada, Australia, Japan or any other jurisdiction in which an
offer would be subject to legal restrictions.
For more information about IBS Group please visit
http://www.ibsgr.com