See the benefits of HCM Cloud over the traditional on-prem HCM product
Updated April 02, 2021

See the benefits of HCM Cloud over the traditional on-prem HCM product

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Modules Used

  • Global HR
  • Payroll
  • Time and Labor

Overall Satisfaction with Oracle Cloud HCM

Oracle HCM Cloud is being used to manage the workforce, the workforce data, employee timesheets, employee benefits, etc. It is also used for benefit enrollment and other Employee management related processes.
It is being used across the organization and not just the departments. It addresses the common business problem of employee management and HR related activities by automating and streamlining most of the business processes.
  • Since is it SaaS, there's no headache in maintaining and updating, like other on-prem ERP.
  • The Workforce admin is very good.
  • Integrations with other systems are easy with out of the box adapters.
  • Providing out of the box APIs for integrations with Finance systems.
  • More configurations would be good.
  • We've seen no unexpected or innovative ways, as such.
It was a business decision considering all the pros, cons, and cost. Also, with an organization already using an Oracle on-prem HCM product, it is more likely to move to HCM Cloud than other vendors.
HCM Cloud is well suited for employee and HR related activities process management. If a company is doing a new implementation of the HCM product, it makes more sense to go with HCM Cloud than the traditional on-prem ERP system.
Since it is SaaS and can be easily integrated with most third party systems, I do not think it is less suited anywhere unless the company has a different requirement altogether.

Oracle Fusion Cloud HCM Feature Ratings

Employee demographic data
9
Employment history
9
Job profiles and administration
10
Workflow for transfers, promotions, pay raises, etc.
8
Organizational charting
8
Organization and location management
8
Compliance data (COBRA, OSHA, etc.)
7
Pay calculation
9
Support for external payroll vendors
9
Benefit plan administration
9
Direct deposit files
10
Salary revision and increment management
8
Reimbursement management
8
Approval workflow
9
Balance details
9
Annual carry-forward and encashment
8
View and generate pay and benefit information
8
Update personal information
10
View job history
10
View company policy documentation
9
Employee recognition
8
Tracking of all physical assets
7
Report builder
8
Pre-built reports
8
Ability to combine HR data with external data
8
Performance plans
9
Performance improvement plans
9
Review status tracking
8
Review reminders
9
Multiple review frequency
9
Create succession plans/pools
8
Candidate ranking
7
Candidate search
7
Candidate development
7
New hire portal
8
Manager tracking tools
8
Corporate goal setting
9
Individual goal setting
9
Line-of sight-visibility
9
Performance tracking
9
Job Requisition Management
8
Duplicate Candidate Prevention
7
Applicant Tracking
8
Notifications and Alerts
9