Hearst standardized on an integrated portfolio of Oracle Cloud applications, choosing Oracle Cloud ERP
for core finance, procurement, and project management; Oracle Cloud EPM
for planning and financial close; Oracle Cloud HCM
for global HR, talent management, and learning; and Oracle Cloud SCM
for inventory management.
Hearst wanted a partner with proven maturity operating in the cloud-based business model, as well as a flexible platform able to keep up with constantly changing customer, business, and regulatory demands. Hearst also needed ERP and EPM systems that are fully integrated with its HCM systems, so that it could perform consistent data analytics across its finance and HR functions. And with digital media talent at a premium, the executive team wanted a system that could promote employee engagement and help it up-skill talent.
Hearst also liked the engagement of senior Oracle product executives on its implementation steering committee, where they provided biweekly updates, answered questions, and offered advice post-go-live on how to maximize the investments. “We’re really happy with the relationship and partnership with Oracle,” says David Hovstadius, senior vice president of finance operations.