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Midsize Service Companies Accelerate Growth with Oracle Cloud Solutions
It’s no secret that competition is tougher than ever for midsize service companies, which must find new ways to differentiate themselves from competitors in the years ahead. But these efforts can be hampered by outdated systems that don’t address today’s challenges. As a result, service organizations are turning to industry-leading cloud-based financial, project management, and talent management applications, such as Oracle Cloud Solutions to manage costs and margins and adapt to the changing economy.
For example, in “Predicts 2014: The Rise of the Postmodern ERP and Enterprise Applications World"1 Gartner, Inc. forecasts that by 2018, at least 30 percent of service-centric companies will move the majority of their enterprise resource planning applications to the cloud.
These applications will directly address three fundamental requirements for midsize service companies.
A Complete Cloud Portfolio
- Improving service delivery
- Growing the business
- Attracting, hiring, retaining, and motivating top talent
Oracle Cloud offers a way for service companies to differentiate their businesses and run operations using a low-cost, quick-to-deploy modern project and people management platform.
Service organizations can improve service delivery with Oracle Project Portfolio Management Cloud, which helps organizations manage projects more closely. Role-based dashboards and embedded analytics provide timely and relevant insight to project teams so they can identify and manage potential risks and better predict project outcomes.
With Oracle Fusion Financials Cloud Service, service organizations can track consistent performance and profitable growth by improving cost controls and mitigating risk. It’s engineered for the global enterprise, thanks to support for Multi-GAAP, multicurrency, multilanguage, and multisubsidiary activities. Yet it is flexible and scalable for midsize service companies.
In addition, Oracle Talent Management Cloud delivers automated tools and flexible processes to help service company managers execute a forward-looking strategy, including social sourcing, talent development, and succession planning.
Oracle’s Cloud Advantage
Oracle delivers the simplicity of a personalized, connected, secure modern cloud with the power of world-class applications. Learn how Oracle Cloud Solutions can accelerate success for midsize service companies.
1December 2013; document ID#G00259076; Denise Ganly, Andy Kyte, Nigel Rayner, and Carol Hardcastle