BearingPoint to distribute Calif. payroll
- By Ethan Butterfield
- Mar 14, 2006
BearingPoint Inc. won a $69 million contract with California to implement a new payroll and human resources IT system, the company announced today.
BearingPoint, based in McLean, Va., will work with SAP Public Services Inc., Washington, to implement the new system. The initiative, which is led by the state controller's office, will replace a 30-year-old computer system programmed in Cobol.
The new payroll system will eliminate the need for many paper forms. Instead, state employees will have self-service access to the system, allowing them to manage employment, payroll, benefits, leave accrual, timekeeping and position management data, according to a BearingPoint statement.
BearingPoint will serve as the system integrator on the project, with SAP Public Services providing its commercial human resources management system, mySAP, as the foundation of the system. Both companies were selected in independent requests for proposals.
BearingPoint has about 16,000 employees and revenue of $3.3 billion in fiscal 2004, according to Hoover's Online of Austin, Texas. BearingPoint ranks No. 24
on Washington Technology's 2005 Top 100
list of federal prime contractors.