Cloud based HCM suite, worth for HCM Functionalties
August 22, 2016
Cloud based HCM suite, worth for HCM Functionalties
Score 8 out of 10
Vetted Review
Verified User
Software Version
Oracle Taleo
Overall Satisfaction with Oracle HCM Cloud (including Taleo)
Oracle HCM Cloud was used by one of our clients for managing human resource responsibilities. Oracle HCM Cloud has discrete and unique HR capabilities. The HCM dashboard which is one of its predominant features was used extensively by the HR department to view critical HR related activities. It gives information to HR departments related to current headcount, open positions to be filled, goals, bonus pool, recruiting information and social media connect Information. The mere business problem of all information related to HR being scattered out generally is all put together and brought into one platform and one dashboard, which helps the decision maker within the HR department to make quick and constructive decisions.
- Talent Acquisition is one key challenge for any organization to tackle. Oracle HCM pulls all statistics related to talent and puts them across the dashboard for better and quicker decision making by management.
- Helps improves communications and interactions between the employer and employees and helps HR understand the concerns of employees better through social media collaborations.
- Compensation to the employees can be better monitored through the Oracle HCM cloud tool and helps HR to have better control over the same.
- It doesn't support functionalities like learning and recruitment which is necessity in most organizations.
- Moving on to Oracle HCM Cloud has helped clients save immensely on infrastructure costs.
- Talent management and workforce management have been moved to Oracle HCM cloud whereas the core HCM functionalities including payroll have been kept in-house for better control and security.
A host of functionalities including the cloud based capabilities along with social engineering capabilities and the organizational requirements and policies, [led] the client to make the decision to move to Oracle HCM Cloud. Also their underlying ERP was based on Oracle E-Business, which helped with the integration with Oracle HCM.