During times of rapid growth, managing human resources can be one of the greatest challenges.
Oracle offers a cloud-based human resources solution designed specifically for mid-sized companies struggling to keep pace with manageable growth. Here are the specific problems that it solves:
Onboarding
The challenge of onboarding is that companies want to produce better results in less time. The Oracle human resources solution accomplishes that goal by managing the onboarding process though a single integrated solution. It collects all the relevant data into one place and automates as much of the process as possible, ultimately doing more to serve both you and the new hire.
Cost Control
During times of expansion, the money required for human resources management can multiply overnight, and much of that money is spent on training. Oracle solves the problem by bringing all training materials under one umbrella, introducing new tools for distributing/administering these materials, and enhancing your company’s ability to analyze the results. This makes it possible to predict and manage costs that would be impossible otherwise.
Retention
In a period of growth, you can’t afford to lose your top performers. When the Oracle solution is put into place, retention strategies become more effective because the system helps you identify your essential talent, and then align their compensation with their value to your company. And once you introduce a true performance-based culture, it has a powerful effect on the morale/motivation of your entire workforce.
Analysis and Insights
Enterprise-class human resources management systems are historically bad at producing insights about the effect of workforce decisions on business objectives. Oracle has introduced tools for capturing, storing, and analyzing the relevant data. Midsized companies benefit because these insights are both timely and actionable. Being able to make those informed decisions will lead to better performance in the company.
Contact us if you have any questions or for more information regarding managing growth within your company.