EDS Canada has licensed PeopleSoft 8 Human Resources Management Systems (HRMS) as part of an HR outsourcing contract for Canadian Imperial Bank of Commerce.
EDS Canada will deploy and manage the Web-based PeopleSoft application for CIBC, enabling 40,000 employees to perform personnel tasks online. These include adding a dependent to their health insurance policy, changing their payroll deductions, and enrolling in benefits programmes.
Phil Wilson, senior vice president of human resources for CIBC, says: "The PeopleSoft 8 HRMS solution, combined with the management services provided by EDS, supports CIBC's eHR strategy to create a world class, multi-channel HR self-service platform."