Why & How You Should Transition to Oracle HCM Cloud

JULY 01, 2021 05:30 AM

AI and ML Adoption in HCM Products: Predictive Analytics, Chatbots/Virtual Assistant, Recruiting, Talent Management

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Any organization's success depends on its ability to adapt to the ever-changing markets focused on cloud and edge technologies. Cloud migration is not a one-size-fits-all project. Businesses need to identify key objectives and adjust quickly to get the benefits of the digital transformation initiative. Digitization is becoming increasingly important for any organization that hopes to survive and even make an impact in this highly competitive landscape.

If you're planning to migrate to the HCM (Human Capital Management) Cloud solution, first look for platforms that help HR departments streamline their routine HR tasks with artificial intelligence (AI), machine learning (ML) functionality, and enable employees to make faster and smarter decisions. Moving to Oracle HCM Cloud provides HR departments with a complete solution that connects every human resource process, from hiring to retirement.

Business leaders have learned that data is key to their success, and they will ask the HR leaders to constantly look for:

What skills do we need now and in the future?
Which employee has the critical skills we need? Where do we have skills gaps?
Data-driven recommendations for business needs?

Every organization has all the employee data they need but may not know how to use it effectively. Oracle HCM Cloud makes a difference by helping leaders and the HR team visualize the data and put it into action in a way that makes it clear and understandable.

Oracle HCM Cloud delivers HR leaders a one-size-fits-all project by providing an end-to-end solution to manage every stage of the employee lifecycle, like attracting talent, screening, hiring, onboarding, etc. However, cloud migration can be challenging, time-consuming, and expensive - especially when you attempt to integrate financials, supply chain, customer experience, and other modules to align your HR department.

Oracle HCM Cloud has several modules that are grouped into three categories:

Human Resources - Streamline HR processes, especially for companies with multiple locations.
Talent Management - Leverage a data-driven approach to identify internal and external candidates.
Workforce Management - Optimize time with Time and Labour and Absence Management.

Read Oracle customer HCM success stories and learn how Oracle HCM Cloud drives top results and the key factors for choosing Oracle HCM Cloud:

There is a need for a platform that globally supports one source of truth for HR data.
Provides a consistent experience across devices in mobile, social, and analytics.
Empowers market-leading innovation and HR process alignment at all group levels
Enhance user experience with a hire-to-retire suite.
The benefit of continuous improvement to address your needs today and in the future.

FAQs

What are the key benefits of migrating to Oracle HCM Cloud?
Migrating to Oracle HCM Cloud offers several advantages. It streamlines HR processes using AI and machine learning to improve decision-making. The platform provides a complete solution for managing the entire employee lifecycle, from recruitment to retirement, fostering a data-driven approach to talent management and workforce optimization. Furthermore, it allows for a single source of truth for HR data globally, enhancing user experience across devices. It also delivers continuous improvements to address current and future needs.
What are the core modules within Oracle HCM Cloud, and how are they categorized?
Oracle HCM Cloud modules are grouped into three primary categories: Human Resources, Talent Management, and Workforce Management. Human Resources modules streamline HR processes, especially for companies with multiple locations. Talent Management leverages data to identify internal and external candidates. Workforce Management optimizes time through Time and Labour Absence Management functionalities.
What are the main challenges organizations might face during Oracle HCM Cloud migration?
Cloud migration can be challenging, time-consuming, and expensive, especially when integrating financials, supply chain, customer experience, and other modules to align with the HR department. Effective planning and potential advisory services are crucial to mitigate these difficulties.
How does SMACT Works assist organizations in their Oracle HCM Cloud journey?
SMACT Works offers advisory cloud services to help organizations identify opportunities and the right technology to drive more business. They provide end-to-end consulting and manage and implement services for Oracle Cloud Applications, including Oracle HCM Cloud, other Oracle Cloud solutions, and on-premise applications.
What makes Oracle HCM Cloud a future-proof solution?
Oracle HCM Cloud provides continuous improvement updates to address your needs today and in the future and empowers market-leading innovation and HR process alignment at all group levels. This adaptability ensures the system remains relevant and practical as the business landscape evolves.

We know that every organization has its unique needs; we offer solutions that can be tailored to meet your organization's specific needs and requirements, which allows VPs of HR or CHROs to understand diversity, headcounts, turnover, performance, etc., to reap the benefits of Oracle HCM Cloud to face their challenges.

We at SMACT Works provide cloud advisory services aimed at helping organizations identify opportunities and the right technology to drive more business. We have worked with many large multinational Fortune 500 companies and medium-sized enterprises to implement cloud-based solutions successfully. You can rely on the expertise of our team to help you meet your organization's goals. Contact us today to get started!

About SMACT Works

SMACT Works is a technology-focused systems integrator and IT/ERP consulting firm. We deliver end-to-end consulting, managed, and implementation services for Oracle Cloud Applications, IaaS & PaaS, On-Premise PeopleSoft & EBS Applications. Headquartered in Dublin, OH, we have a global presence with North America and Asia offices. We are an Oracle Gold Partner Cloud Standard, ISO 9001, and 27001 certified delivery organization serving customers with Excellence and Integrity.