The Future of HR Management
Updated October 02, 2019

The Future of HR Management

Anonymous | TrustRadius Reviewer
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.

Pros

  • 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.

Cons

  • 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.
Oracle HCM Cloud is well suited for enterprise-level use cases where there is a high enough budget to make the expense of it affordable. In addition, it requires hiring administrators that have experience with using Oracle HCM Cloud, or it will increase the learning curve for newcomers as it is not very intuitive. For smaller companies that do not have a large budget, it might not be appropriate (I would probably go with another cheaper competitor).

Oracle Fusion Cloud HCM Feature Ratings

6.3
Employee demographic data
6
Employment history
4
Job profiles and administration
7
Workflow for transfers, promotions, pay raises, etc.
8
Organizational charting
6
Organization and location management
5
Compliance data (COBRA, OSHA, etc.)
8
6.3
Pay calculation
6
Support for external payroll vendors
8
Benefit plan administration
6
Direct deposit files
9
Salary revision and increment management
5
Reimbursement management
4
8.0
Approval workflow
8
Balance details
6
Annual carry-forward and encashment
10
8.4
View and generate pay and benefit information
10
Update personal information
8
View job history
9
View company policy documentation
6
Employee recognition
9
7.0
Tracking of all physical assets
7
5.0
Report builder
5
Pre-built reports
6
Ability to combine HR data with external data
4
Integration with other HR capabilities ()
Not Rated
6.6
Performance plans
7
Performance improvement plans
8
Review status tracking
5
Review reminders
9
Multiple review frequency
4
8.3
Create succession plans/pools
9
Candidate ranking
10
Candidate search
6
Candidate development
8
9.0
New hire portal
9
Manager tracking tools
9
8.0
Corporate goal setting
9
Individual goal setting
6
Line-of sight-visibility
7
Performance tracking
10
9.3
Job Requisition Management
9
Company Website Posting
10
Publish to Social Media
10
Job Search Site Posting
10
Duplicate Candidate Prevention
8
Applicant Tracking
9
Notifications and Alerts
9

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