The cost and complexity of enterprise resource planning (ERP) and human capital management (HCM) pose two of the most serious challenges facing large companies today. As business technology develops, organizations must adopt new tools and processes to meet the ever-increasing expectations of both employees and external regulators. To satisfy these needs, many companies deploy a combination of different best of breed solutions that deliver disparate results according to their individual directives. This siloed approach is problematic and produces a lack of visibility across the organization, leading to uninformed decisions, expensive errors, and wasted time. By deploying a unified platform such as Oracle Cloud, companies can facilitate collaboration and shared insights, thus improving efficiency, incorporating best business practices and assessing emerging technologies.
To better understand how companies are leveraging joint ERP and HCM software deployments, Nucleus spoke with customers using both Oracle ERP Cloud and Oracle HCM Cloud. Nucleus found that customers chose Oracle because of its innovative product roadmap and common data model. Nucleus also observed that customers achieved productivity gains, improved data accuracy through standardization, and increased organizational visibility.