Channel 4 has
outsourced its human resources services to cut costs.
Under a five year deal, Logica will run HR administration and
payroll services for Channel 4 using Oracle HCM. Savings will be
gained through more automation across HR and finance
Channel 4 is
attempting to cut costs, which includes reducing programming
budget by up to £75m this year.
The broadcaster estimates TV advertising revenues will decrease
by 18% in the first half of 2009 and is budgeting to reduce
editorial spend by at least 10% across its network in response.
Luke Johnson, chairman at Channel 4, said, "All commercial
broadcasters are under significant pressure, but Channel 4 is
better placed than some. We continue to increase efficiency in
order to cope with a declining advertising market. "
Logica will implement Oracle's payroll application and integrate
it with the company's existing Oracle HR system to achieve a
single, unified HR system. It will also create a fully managed
service.
Gemma Dowson, senior IT project manager at Channel 4, said the
deal will help improve processes and achieve greater efficiencies
that align with our business and technology strategies.