Oracle HCM Cloud - When to go for it and when to steer clear of it.
Updated March 13, 2017
Oracle HCM Cloud - When to go for it and when to steer clear of it.
Score 8 out of 10
Vetted Review
Verified User
Software Version
Other
Overall Satisfaction with Oracle HCM Cloud (including Taleo)
Oracle HCM Cloud or Fusion HCM is one of the most complete HR software available in the market. We use HCM Cloud across multiple departments. This includes multiple modules - Time and Labor, Payroll, Absence Management, Goal and Performance Management, Compensation, Benefits and Talent Review are a few of the modules that we primarily use. The problem that HCM Cloud solves is that you don't need to rely on multiple software to support your organization. One such example, you can use the Time and Labor module to collect and calculate your employee payroll and it will seamlessly integrate it with Fusion Payroll and even projects. Same goes with Goal and Performance Management. You can use it to rate your employees and have its data flow to your compensation module to reward your employees appropriately. On top of it, the core HR module gives you total control over your organization's work structure and people management. Combine all these with the analytics capability of Fusion and it will knock the other HR systems out of the ring.
- Oracle Fusion has a lot of modules which integrate with each other really well. As a consumer, it is exceptionally easier for me to just buy one product (and different modules) and have these modules integrate with each other flawlessly. Additionally, it plays well with systems outside the Oracle family too. One such example is that you can use HCM Cloud Time and Labor to collect time entries and have it flow to ADP Payroll flawlessly using HCM Extracts.
- The HCM Cloud's reporting and data extraction capabilities are world class. Not only can you make best in class reports, analytics but you can also make HCM Extracts which ensures that your integration with other systems will remain intact even if Oracle changes HCM Cloud's schema in future.
- Unlike it's on-premise counter part, HCM Cloud is a cloud implementation, it frees you up from the liability of having an IT team. I no longer need a dedicated IT team taking care of servers since Oracle does it for me and I pay only for what I use. If I get to scale my system to include more users, I simply pay my licence fees accordingly and have Oracle take care of everything instead of investing in my own infrastrucutre and server.
- Since some of the modules have been added lately including integration with Taleo, the data flow is not seamless. The context changes about some key business objects from one module to another and that could be very confusing. Also the look and feel is not uniform across the modules like some of them use simplified UI while others don't.
- HCM Cloud has a major limitation in terms of what you can do in terms of customisation. There aren't many things you can change like it's on-premise counter part EBS. It's difficult to change the default behaviour of the system in some modules. Although you can write fast formulas, it's not always effective.
- HCM Cloud is relatively new product and hence has a lot of bugs. Some very common functionalities are missing as well. And the bugs are not going away anytime soon. It can baffle your mind when you come across bugs which break the application just because there was a space in name of custom theme you applied.
- Nothing I can think about
The other alternatives might be good but the sheer number of different applications I can seamlessly integrate with using HCM gives it an edge. Using one suite that caters to the alpha and omega of your needs, is always better since we don't need to worry about these complex systems not playing well with each other.