CUSIP No. G02602 10 3                                          Page 1 of 7 Pages

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G
                                 (Rule 13d-102)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILES PURSUANT
           TO RULES 13d-1(b),(c) AND (d) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13d-2(b)
                               (Amendment No. 2)[FN1]

                                 Amdocs Limited
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                                 Ordinary Shares
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   G02602 10 3
- --------------------------------------------------------------------------------
                                 (CUSIP Number)

                                December 31, 2000
- --------------------------------------------------------------------------------
              Date of Event Which Requires Filing of this Statement

Check the  appropriate box to designate the rule pursuant to which this Schedule
is Filed:

         [ ] Rule 13d-1(b)
         [ ] Rule 13d-1(c)
         [X] Rule 13d-1(d)







- --------
[FN]
         1The  remainder  of this cover page shall be filled out for a reporting
person's  initial  filing on this  form with  respect  to the  subject  class of
securities,  and for any subsequent amendment containing information which would
alter  disclosures  provided in a prior cover page. The information  required on
the  remainder  of this cover  page  shall not be deemed to be  "filed"  for the
purpose  of  Section  18 of the  Securities  Exchange  Act of 1934 or  otherwise
subject to the  liabilities  of that  section of the Act but shall be subject to
all other provisions of the Act.



CUSIP No. G02602 10 3 Page 2 of 7 Pages - -------------------------------------------------------------------------------- 1) Name of Reporting Person Welsh, Carson, I.R.S. Identification Anderson & Stowe No. of Above Person VII, L.P. (Entities Only) - -------------------------------------------------------------------------------- 2) Check the Appropriate Box (a) [ X ] if a Member of a Group (b) [ ] - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Citizenship or Place Delaware of Organization - -------------------------------------------------------------------------------- Number of 5) Sole Voting 10,677,281 Ordinary Shares Beneficially Power Shares Owned by Each Reporting Person With: -------------------------------------------------------- 6) Shared Voting Power -0- -------------------------------------------------------- 7) Sole Disposi- 10,677,281 Ordinary tive Power Shares -------------------------------------------------------- 8) Shared Dis- positive Power -0- -------------------------------------------------------- 9) Aggregate Amount Beneficially 10,677,281 Ordinary Owned by Each Reporting Person Shares - -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares - -------------------------------------------------------------------------------- 11) Percent of Class Represented by 4.8% Amount in Row (9) - -------------------------------------------------------------------------------- 12) Type of Reporting Person PN

CUSIP No. G02602 10 3 Page 3 of 7 Pages - -------------------------------------------------------------------------------- 1) Name of Reporting Person Welsh, Carson, I.R.S. Identification Anderson & Stowe No. of Above Person VI, L.P. (Entities Only) - -------------------------------------------------------------------------------- 2) Check the Appropriate Box (a) [ X ] if a Member of a Group (b) [ ] - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Citizenship or Place Delaware of Organization - -------------------------------------------------------------------------------- Number of 5) Sole Voting 3,119,488 Ordinary Shares Beneficially Power Shares Owned by Each Reporting Person With: -------------------------------------------------------- 6) Shared Voting Power -0- -------------------------------------------------------- 7) Sole Disposi- 3,119,488 Ordinary tive Power Shares -------------------------------------------------------- 8) Shared Dis- positive Power -0- -------------------------------------------------------- 9) Aggregate Amount Beneficially 3,119,488 Ordinary Owned by Each Reporting Person Shares - -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares - -------------------------------------------------------------------------------- 11) Percent of Class Represented by 1.4% Amount in Row (9) - -------------------------------------------------------------------------------- 12) Type of Reporting Person PN

CUSIP No. G02602 10 3 Page 4 of 7 Pages - -------------------------------------------------------------------------------- 1) Name of Reporting Person WCAS Capital I.R.S. Identification Partners III, L.P. No. of Above Person (Entities Only) - -------------------------------------------------------------------------------- 2) Check the Appropriate Box (a) [ X ] if a Member of a Group (b) [ ] - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Citizenship or Place Delaware of Organization - -------------------------------------------------------------------------------- Number of 5) Sole Voting 2,788,571 Ordinary Shares Beneficially Power Shares Owned by Each Reporting Person With: -------------------------------------------------------- 6) Shared Voting Power -0- -------------------------------------------------------- 7) Sole Disposi- 2,788,571 Ordinary tive Power Shares -------------------------------------------------------- 8) Shared Dis- positive Power -0- -------------------------------------------------------- 9) Aggregate Amount Beneficially 2,788,571 Ordinary Owned by Each Reporting Person Shares - -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares - -------------------------------------------------------------------------------- 11) Percent of Class Represented by 1.3% Amount in Row (9) - -------------------------------------------------------------------------------- 12) Type of Reporting Person PN

CUSIP No. G02602 10 3 Page 5 of 7 Pages AMENDMENT NO. 2 TO SCHEDULE 13G Reference is hereby made to the statement on Schedule 13G originally filed on January 29, 1999 and Amendment No. 1 thereto filed on January 10, 2000 (as so amended, the "Schedule 13G"). Terms used in the Schedule 13G are used herein as so defined. The following Items of the Schedule 13G are hereby amended and restated to read in their entirety as follows: Item 4 - Ownership. (a) Amount Beneficially Owned: WCAS VII: 10,677,281 Ordinary Shares WCAS VI: 3,119,488 Ordinary Shares WCAS IP: 0 Ordinary Shares WCAS CP III: 2,788,571 Ordinary Shares (b) Percent of Class: WCAS VII: 4.8% WCAS VI: 1.4% WCAS IP: 0% WCAS CP III: 1.3% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: WCAS VII: 10,677,281 Ordinary Shares WCAS VI: 3,119,488 Ordinary Shares WCAS IP: 0 Ordinary Shares WCAS CP III: 2,788,571 Ordinary Shares (ii) shared power to vote or to direct the vote: -0- (iii) sole power to dispose or to direct the disposition of: WCAS VII: 10,677,281 Ordinary Shares WCAS VI: 3,119,488 Ordinary Shares

CUSIP No. G02602 10 3 Page 6 of 7 Pages WCAS IP: 0 Ordinary Shares WCAS CP III: 2,788,571 Ordinary Shares (iv) shared power to dispose or to direct the disposition of: -0-

CUSIP No. G02602 10 3 Page 7 of 7 Pages Signature: After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. WELSH, CARSON, ANDERSON & STOWE VII, L.P. By: WCAS VII Partners, L.P., General Partner By ----------------------------------- General Partner WELSH, CARSON, ANDERSON & STOWE VI, L.P. By: WCAS VI Partners, L.P., General Partner By /s/ Jonathan M. Rather ----------------------------------- Attorney-in-Fact WCAS INFORMATION PARTNERS, L.P. By: WCAS IP Partners, General Partner By /s/ Jonathan M. Rather ---------------------------------- Attorney-in-Fact WCAS CAPITAL PARTNERS III, L.P. By: WCAS CP III Associates, L.L.C., General Partner By /s/ Jonathan M. Rather ----------------------------------- Managing Member Date: January 29, 2001