Prebuilt HCM

Optimize Your Organization With Oracle HCM Reports

Recent times have put innumerable stresses on businesses across the globe. However, those stresses have also led to some potentially positive shifts. This post takes a look at several ways new changes will improve businesses that handle them the right way.

1. Reduced Repetition

Repetitive tasks can be a drain on any employee’s focus and energy. But new technology that is being increasingly embraced by companies can cut down on it. For example, HCM Cloud reports automatically gather data and display it in an aesthetically pleasing, yet functional, manner. This no longer requires tedious data entry from everyone involved.

2. Expanded Innovation

Innovation will be an even bigger part of business life going forward. New tools, new communication methods, and new work schedules are just three factors that will require companies to innovate to thrive. But innovation doesn’t have to be scary or intimidating. If HR personnel want to implement a new application to gather data, then tools like Oracle’s BIACM make it easy.

3. Collaborative Management

Huge numbers of employees are working from home, and many will continue to do so. This presents an opportunity for managers to be more collaborative with their subordinates. Instead of sticking to a traditional 9-to-5 schedule, managers can work with their employees to identify a work schedule that allows for productivity on the job but also the downtime to recover and meet life’s other commitments.

4. Expanded Working Options

Successful organizations will need to embrace a mixture of on-site infrastructure, cloud storage & computing power, and mobile platforms geared toward work. Having multiple ways to get work done can increase an organization’s agility and productivity. For example, an employee may be able to travel to a conference in another state while still keeping up with their work duties through the cloud.

5. More People Can Respond to Change

Because software like HCM extracts analyze data so efficiently, more people can receive the input they need to respond to change. If a vacancy for a senior position opens unexpectedly, data on employees can help HR and other relevant parties identify the best candidate(s) for internal promotion. This can also be used to see what additional skills and training they may need to succeed in a more senior role. That makes a potentially disruptive change smoother.

The Power of Oracle BI Support at Your Fingertips

By making use of valuable data obtained with HCM reports and other BI Tools, you have the power to improve your business’s productivity, operations, and ROI. If you are looking to help your business grow by implementing these strategies, contact DataTerrain today to see what we can do for your organization.