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HR Modernization and Business Agility
Adopting our solution gave new customers the tools and real-time insight to drive specific employee behaviors that have raised productivity. Now that they’re able to control costs while scaling business, engaging new and existing talent, and providing insight to managers and executives, customers are maximizing business and workforce agility as they modernize.
CUSTOMER SPOTLIGHT
Upgrades to our Oracle cloud apps have been great. We have gone away from those million-dollar upgrades with an insane amount of time and resources committed to an end we weren’t sure of. It’s been a lot easier…and it’s really been agile.
—Shikha Panicker, HR Delivery Manager, Citizens Bank*
*This customer did not participate in the 2019 benchmark report.
Key Results
First-year achievements
Reporting productivity increased 79% due to innovative self-service reporting tools that cut process inefficiencies and the number of manual reports, while leveraging analytics and providing more context.
FUN FACT: With automated self-service reports, a telecommunications conglomerate slashed its HR business reports from seven down to one.
79%
improvement
in reporting
productivity
in reporting
productivity
34%
increase
in staff
productivity
in staff
productivity
Reducing time spent on routine tasks freed HR staff to focus more on strategic activities. Some customers reported a reduction in HRIT decision support staff, while others were able to redeploy staff to value-adding activities such as training, strategy, operations, and employee engagement.
Customers boosted employee engagement by 15% through a more effective performance and goal management process, and by aligning employee goals with their organization’s strategy and vision.
FUN FACT: A leading chemicals manufacturer
improved employee satisfaction scores through better transparency and visibility with the performance review process.
improved employee satisfaction scores through better transparency and visibility with the performance review process.
15%
better workforce
engagement
engagement
11%
reduction
in employee
replacement
costs and
attrition rate
in employee
replacement
costs and
attrition rate
By ensuring the right candidate is in the right job, customers decreased the overall employee replacement cost and attrition rate by 11%.
FUN FACT: A large clothing and accessories retailer reduced employee turnover through real-time performance insights and by mapping employee performance to potential.
Oracle HCM Cloud | Simply Powerful
Participation in our Value Realization program will help customers realize cloud success and achieve the full potential of their investment.
Are you ready to realize your value?