Oracle Fusion Cloud HCM scores highest in current offering category of HCM vendor reportAustin, Texas—May 17, 2023
Oracle has been recognized as a Leader in The Forrester Wave™: Human Capital Management, Q2 2023. The report, published by Forrester Research in May 2023, evaluated 11 vendors based on 28 criteria across three categories: current offering, strategy and market presence. Of the 11 cloud HCM providers recognized, Oracle Fusion Cloud Human Capital Management (HCM) was one of only three Leaders and received the highest score in the current offering category.
According to the Forrester report, “Oracle’s superior vision for driving client outcomes begins with a unified platform delivered through the lens of highly personalized UX. The degree of flexibility that Oracle Fusion Cloud HCM offers is well supported by the intuitive UX and automation. A strong partner ecosystem and product support have aided in delivering strong growth…. In areas of organizational agility such as workforce planning and analytics that leaders need to drive decision-making, Fusion Cloud HCM has robust functionality. When we asked reference customers what Oracle got right, one called out ‘the ease of using journeys for workflow, the self-service model, and the same code regardless of any device.’ Oracle is a best fit for large enterprise organizations seeking a single-suite solution.”
“HR leaders are facing countless challenges with an unpredictable labor market, rising employee expectations, and constant change,” said Chris Leone, executive vice president, applications development, Oracle Cloud HCM. “Oracle Cloud HCM empowers customers with a unified, comprehensive solution delivering the capabilities they need to personalize the employee experience and adapt to changing expectations. With Oracle’s AI-powered technology, organizations can optimize communication, identify and close skills gaps, help employees grow their careers, and attract and retain the best talent for their business.”
Natively built for the cloud, Oracle Fusion Cloud HCM is a complete solution connecting every human resource process from hire to retire. By connecting all employee data on a single platform, HR teams have access to a single source of truth to help inform their people strategy and gain an understanding of each individual to deliver personalized employee experiences at scale. Built-in AI acts as an advisor to help analyze workforce data and surface recommendations to help HR teams improve business operations.
For additional information on Oracle Cloud HCM visit: https://www.oracle.com/pk/applications/human-capital-management/
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