Unlocking the Potential of Oracle Cloud HCM: 5 Reasons to Move Away from On-Premises Systems
In today’s rapidly evolving business landscape, it’s crucial to adapt and harness the power of innovative technologies to stay ahead of the competition. Traditional on-premises systems, although once reliable, are now holding businesses back. In this blog post, we’ll explore the five key reasons why transitioning to Oracle Cloud HCM, with the expertise of PCL, an Oracle HCM Implementation Partner, is a game-changer for your organisation.
The Shift from Yesterday’s UX to Modern UX
Oracle Cloud HCM, on the other hand, represents a significant departure from this approach. It is purpose-built to provide a consumer-grade user experience that prioritises simplicity, intuitiveness, and mobile responsiveness. The user interface is designed to be familiar and easy to use, ensuring that employees across the organisation can interact with the system seamlessly. This not only reduces the learning curve for new users but also enhances overall user satisfaction and productivity. With a modern, intuitive interface that resembles the applications they use in their daily lives, employees can quickly adapt to Oracle Cloud HCM, leading to increased efficiency and a more engaged workforce.
Transforming Complexity: From Rigid and Complex to Flexible and Agile
Managing the complexities of customisations, integrations, and hardware maintenance in on-premises systems can be a daunting task that often requires a significant allocation of IT resources and time. Traditional on-premises systems frequently involve lengthy and intricate processes for implementing changes, which can hinder an organisation’s agility in responding to evolving business needs. These systems may necessitate extensive involvement from IT professionals and the coordination of various departments, leading to delays and potential disruptions.
In contrast, Oracle Cloud HCM offers a more efficient and user-friendly solution. Its native cloud design simplifies system configuration, streamlining the process of making adjustments to meet new business requirements. This streamlined approach not only reduces the burden on IT resources but also expedites the implementation of changes. With Oracle Cloud HCM, organisations can adapt and evolve with greater speed and agility, ensuring that their human capital management processes remain aligned with their dynamic business objectives
Breaking Barriers: Siloed Data vs. Actionable Insights
Firstly, data silos often necessitate manual data extraction and integration efforts, which are not only time-consuming but can also introduce data inconsistencies and errors. This manual process can hinder the ability to analyse and make decisions based on accurate, up-to-date data.
Secondly, in organisations with data silos, data accessibility can be limited to specific departments or individuals, preventing a holistic and collaborative approach to decision-making. This isolation of data can lead to inefficient processes, duplication of efforts, and a lack of transparency.
Oracle Cloud HCM, however, offers a comprehensive solution to these challenges. It unifies data from various sources into a single source of truth, ensuring that all relevant data is easily accessible and up-to-date. This centralisation of data promotes accurate, real-time reporting and analysis, enabling more informed decision-making.
Moreover, Oracle Cloud HCM provides role-based access controls, allowing employees and leaders to access the specific insights and information they need when they need them. This ensures that the right data is available to the right individuals at the right time, streamlining decision-making processes and enhancing the overall efficiency and effectiveness of the organisation. The result is a more data-informed and agile approach to managing human resources and driving business success.
Eliminating Business Blind Spots to Drive Tangible Business Outcomes
In contrast, Oracle Cloud HCM offers an integrated approach that transcends the boundaries of HR. It seamlessly connects HR with other pivotal areas of an organisation, such as finance, supply chain, sales, and marketing, creating a comprehensive, end-to-end solution. This integration facilitates a more synchronised and efficient operation, where data flows seamlessly between different functions, eliminating data silos and streamlining business processes.
The benefit of this holistic approach is improved visibility into all aspects of the organisation. With real-time access to interconnected data, leaders can make informed decisions and adapt quickly to changing business conditions. Moreover, this comprehensive solution enables the organisation to better align its human resources with overarching business goals, reducing operational costs through more effective resource allocation, and mitigating risks by identifying potential issues earlier and implementing proactive solutions. In essence, Oracle Cloud HCM’s end-to-end integration empowers organisations to operate with greater agility, make data-driven decisions, and ultimately drive success by fostering true connectivity across the business.
Transitioning from A Step Behind to Being Future Ready
Oracle Cloud HCM, on the other hand, is designed to keep your organisation future-ready by providing automatic updates. These updates are rolled out four times a year, ensuring that your system is continually equipped with the latest features and functionalities. This consistent innovation cycle guarantees that your HR processes remain at the forefront of industry standards, and your organisation can leverage the full spectrum of modern technology.
Oracle Cloud HCM’s suite of cutting-edge features encompasses a wide range of applications, including voice-enabled digital assistants that enhance user experiences and productivity, predictive analytics that facilitate more informed decision-making, and AI-powered tools that enable data-driven success. By incorporating these technologies, Oracle Cloud HCM empowers your organisation to optimise HR processes, drive efficiencies, and extract valuable insights from your human capital data. As a result, you can better position your organisation for success in an increasingly digital and data-centric business landscape.
BGC Partners overcame payroll issues with an integrated, end-to-end Oracle Cloud HCM resulting in significant time savings, allowing focus on strategic initiatives.
The Riverside Group is one of the UK’s leading registered social housing providers, with over 3500 employees and over 75,000 homes