Oracle HCM Cloud Reviews & Pricing
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What is Oracle HCM Cloud?
Industry Specialties: Serves all industries
Oracle HCM Cloud, also known as Oracle Fusion Cloud HCM, is a full-featured set of tools designed to help with modern HR and talent management. With a user sentiment of 83% and a product score of 84, it earns recognition as one of our top five HR products. It’s also featured as number one on our leaderboard for applicant tracking and platform capabilities.
It combines advanced analytics and various modules to meet your diverse HR needs, whether you're operating on a smaller scale or at a global organization.
HCM Analytics within Oracle Cloud shines a light on key workforce insights, helping even entry-level HR professionals make informed decisions about diversity, employee retention and talent acquisition.
Modules like workforce management, talent profiles, diversity and inclusion, and performance management are pre-built for quick deployment and usage so your team can hit the ground running without having to customize everything from scratch.
The human resources component offers core functionalities, including benefits administration, workforce directory and predictive workforce modeling. It ensures compliance with local regulations while enhancing operational efficiency through features like HR help desk support, advanced HCM controls using AI and a digital assistant for streamlined processes.
Talent management capabilities encompass recruiting, onboarding, performance tracking, career development and succession planning.
Users appreciate 24/7 support via chat and phone, managing the entire employee lifecycle in one place, and a design that's simple and easy to navigate. On the flip side, some users had a hard time customizing the system and found implementation tricky.
Pricing starts at $4 per employee per month, and you can request a free trial.
Overall, when it comes to accurately monitoring and assessing employee performance, ensuring the secure handling and storage of employees and managing the recruitment process, Oracle HCM Cloud is good to have in your corner.
It also lands in our top ten for several major categories, such as benefits management, compensation management, employee onboarding, employee self service and learning management, just to name a few.
It fully supports certifications and G Suite and Office 365 integrations. With additional modules, it allows AI-based dashboard views, which leading competitors UKG Pro, Paycor and SuccessFactors don't currently support.
Oracle HCM Cloud Pricing
Based on our most recent analysis, Oracle HCM Cloud pricing starts at $4 (Per Employee, Monthly).
- Price
- $$$$$
- Starting From
- $4
- Pricing Model
- Per Employee, Monthly
- Free Trial
- Yes, Request for Free
Training Resources
Oracle HCM Cloud is supported with the following types of training:
- Documentation
- In Person
- Live Online
- Videos
- Webinars
Support
The following support services are available for Oracle HCM Cloud:
- Phone
- Chat
- FAQ
- Forum
- Help Desk
- Knowledge Base
- Tickets
- Training
- 24/7 Live Support
Oracle HCM Cloud Benefits and Insights
Key differentiators & advantages of Oracle HCM Cloud
- Leverage the Employee Experience Platform (Oracle ME): Personalize guidance and communication to boost engagement. Utilize modules like HCM Communicate, Journeys, Celebrate, Grow, and Touchpoints to support continuous development and ensure employees feel valued throughout their careers.
- Ease Data-Driven Decision-Making: Harness HCM Analytics for pre-built and customizable analytics capabilities. Monitor, align and act on critical workforce insights to make informed decisions. Enjoy top-rated features such as custom filters, pre-built reports and report scheduling.
- Streamline End-to-End HR Management: Manage everything from hiring and onboarding to ongoing employee engagement. Ensure compliance with legal and company standards while offering self-service options for personal data management, PTO requests, and payslip access.
- Ensure Global Compliance: Maintain adherence to local regulations with Oracle HCM Cloud’s global compliance feature. Support legislative requirements across 200+ countries and jurisdictions, including industry-specific and union agreements, using rule-driven workflows.
- Customize Benefits Management: Tailor benefits programs to meet organizational needs and integrate seamlessly with Oracle Payroll. Manage plan rates and coverage efficiently while enjoying top-ranked features like ACA Eligibility Calculation, COBRA Administration, and Life Event Management.
- Enhance Workforce Modeling and Predictions: Use predictive analytics to proactively manage workforce risks like attrition. Employ tools for workforce planning and scenario modeling to adapt to changing business needs and optimize long-term workforce strategies.
- Strengthen Advanced HCM Controls: Improve security and compliance with AI-driven fraud and error prevention mechanisms. Ensure data integrity and regulatory compliance through sensitive access certification and segregation of duties (SOD) analysis.
- Configure with the Experience Design Studio: Personalize workflows and validate data according to company policies and local regulations without coding. Tailor user views based on roles, geography, or business units to enhance user adoption and satisfaction.
- Centralize with Activity Centers: Offer centralized workspaces for employees, managers, recruiters and payroll specialists. Provide tailored insights and support tools to enhance productivity and engagement, focusing on essential activities to drive workplace efficiency and employee satisfaction.
Industry Expertise
Oracle HCM Cloud Reviews
Based on our most recent analysis, Oracle HCM Cloud reviews indicate a 'great' User Satisfaction Rating of 83% based on 1530 user reviews from 5 recognized software review sites.
Synopsis of User Ratings and Reviews
Based on an aggregate of Oracle HCM Cloud reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.
Pros
Cons
Researcher's Summary:
Key Features
- Global Human Resources: The software streamlines global, local, and industry-specific needs, driving efficiency across cultures and countries. It offers work-life solutions, an HR help desk, a workforce directory, strategic planning, modeling, predictions, and payroll and benefits management.
- Employee Information: Employees can manage their personal information, benefit enrollments, absences and leaves, as well as view reimbursement slips and total compensation.
- Worker Lifecycle: This feature supports end-to-end employee management — hiring, management and termination — keeping applicable legislation and global practices in view.
- Rule-Driven Processing: The suite helps manage unions, collective labor, worker agreements and policies while staying compliant.
- Talent Management: The talent management cloud empowers talent lifecycle stages so employers can hire the right people, nurture growth and employee development, manage succession, and more.
- AI Apps: Artificial intelligence and data-driven functionalities improve the candidate pool quality, increase employee engagement, decrease time to hire and optimize organizational processes.
- Advanced HCM Controls: This function helps control exception workflows, automate analysis to comply with privacy regulations like GDPR and prevent payroll errors.
- Workforce Management: Workforce management solutions help talent managers build an agile workforce through effortless time and labor tracking, time calculation, cost control, and managed compliance risks.
Approach to Common HR Challenges
- Integration Issues: Oracle HCM Cloud addresses integration and setup challenges through its robust configuration tools and extensive integration capabilities. The platform offers pre-built connectors and a comprehensive API suite to facilitate seamless integration with existing systems, and its user-friendly setup guides help streamline the initial configuration process.
- Data Management Mistakes: Oracle HCM Cloud leverages advanced reporting and analytics features, coupled with its AI-driven data validation tools, to enhance data accuracy and efficiency. This ability ensures that data is consistently accurate and up-to-date across all HR functions, reducing manual errors and improving overall data integrity.
- Multiple Screens: Oracle HCM Cloud's comprehensive suite of end-to-end functionalities supports diverse HR processes, including talent acquisition, payroll and workforce planning. This integrated approach helps you manage all HR activities from a single platform, improving operational efficiency and coherence across departments.
- Low Engagement and Productivity: The platform enhances employee engagement through its digital assistants, conversational UI and intuitive self-service portals. These features help create a more engaging and personalized employee experience, leading to increased productivity and satisfaction across your company.
- Unexpected Changes: Oracle HCM Cloud provides flexibility and agility through its workforce modeling, predictive analytics and real-time reporting tools. These capabilities enable employees to quickly adapt to changing business conditions and make informed decisions to stay competitive.
Cost of Ownership
- Number of users and modules selected.
- Complexity of integration with existing systems.
- Customization requirements to meet unique business needs.
- Geographic scope of deployment.
- Support and training services opted for during implementation.
- Implementation and consulting services for deployment and customization.
- Integration with third-party applications or existing IT infrastructure.
- Training and support services beyond standard offerings.
- Upgrades and maintenance fees.
- Reduced IT infrastructure costs through cloud-based deployment.
- Efficiency gains from streamlined HR processes and automation.
- Lower maintenance costs compared to on-premises solutions.
- Improved workforce management leading to better operational efficiencies and productivity.
Limitations
- Reporting Functionality: While Oracle HCM Cloud includes robust analytics capabilities, some users have expressed dissatisfaction with the reporting functionality. They cite limitations in generating customized reports or extracting specific data insights, which can hinder detailed analysis and decision-making.
- Complexity Getting Started: Integrating Oracle HCM Cloud with existing systems or third-party applications can pose challenges. Users may encounter compatibility issues or require additional resources for seamless integration, impacting overall system efficiency.
- User Support: Despite comprehensive support options, some users have reported varying experiences with customer support. Issues such as response times, clarity of solutions provided, and accessibility of support channels may affect user satisfaction and system usability.
Demo Resources
- Free Trial: Experience the platform firsthand with a 30-day free trial to explore various Oracle Cloud services, including databases, analytics and infrastructure. Go to the Oracle Cloud website and locate the HCM Cloud free trial page. You can usually find it by searching for "Oracle HCM Cloud free trial" in your preferred search engine or navigating through the Oracle Cloud product offerings on the Oracle website.
- Product Demos: Navigate through key functionalities and features in a simulated environment. These demos are designed to showcase how the software handles tasks like recruitment, performance management and employee self-service. Users can experience the platform’s intuitive interface and explore its capabilities at their own pace.
- Video Tutorials: A series of video tutorials is available to provide step-by-step instructions on various aspects of Oracle HCM Cloud. These videos cover a range of topics, from setting up and configuring the system to leveraging advanced analytics and AI features. They are a valuable resource for understanding specific functionalities and how they can be applied to real-world scenarios.
- Webinars and Live Demonstrations: Oracle hosts webinars and live demonstrations featuring product experts regularly. These sessions offer an in-depth look at Oracle HCM Cloud’s features, recent updates and best practices. Participants can ask questions and receive live feedback, providing a deeper insight into how the solution can address their unique HR challenges.