The Future of HR Management
Updated October 02, 2019
The Future of HR Management
Score 8 out of 10
Vetted Review
Verified User
Modules Used
- Global HR
- Payroll
Overall Satisfaction with Oracle HCM Cloud
Our HR department is using Oracle HCM Cloud to increase the efficiency of various HR operations. Some business problems that it helped us solve were: lower HR processing time, lower occurrences of outsourced IT support, employee adoptions, latency of data, reduction of manual tasks for creating workforce insights, and reducing the inconsistencies in our analytics.
- Easily configurable to account for various changing aspects of a company such as regulatory compliance changes.
- The use of artificial intelligence to improve talent management.
- Strong data security and privacy making Oracle HCM Cloud reliable to use.
- Pricing can be very expensive for startups.
- The interfaces in the creation of forms and reports could be improved. It isn't as intuitive for new users.
- Accessing the database through reports gets a bit cumbersome. Reporting access could be made easier.
- We are using IBM's cognitive AI offerings to reduce the compensation cycle run time.
- Other than AI, we have yet to experiment with more innovative ways to use Oracle HCM Cloud.
Our organization has used many other HR management systems prior to using Oracle HCM Cloud. One that we used for an extended period of time was UltiPro. Oracle HCM Cloud provides better or equal performance compared to UltiPro in almost all aspects. The Talent Acquisition and Talent Management functions are much powerful in Oracle HCM.