Today, HR teams play the role of change agent and business partner—where they are not only involved in hiring and retaining talent, and creating innovative and productive workplaces, but also in discussions around how to increase revenue and reduce cost. HR is transforming from a transactional hub to a more strategic mindset. This transformation requires HR to look at challenges from the perspective of business goals, think in terms of the organizational success, and create an avenue for measuring that success. Modernizing HR systems is an important first step.
Oracle is committed to helping customers optimize their HR business processes with Oracle Cloud HCM. Cloud transformation has shown a reduction in costs, improved controls, and increased productivity, while delivering faster and more accurate insights to all stakeholders. We hope this study provides some insight into the kind of value our customers are experiencing and the kind of metrics customers used to measure success.