"Oracle HCM Now”: A catalyst for HR innovation in mid-size organisations

by Mandy Chapman, Oracle Consulting Director, Symatrix 

In today’s business landscape, where rapid technological change and market disruption is constant, mid-size organisations face a unique set of challenges. These businesses must continuously reassess and realign their strategies, processes, and resources in order to stay competitive, and central to this agility is the evolution of their HR functions.  

HR challenges can have a significant and amplified impact on growing mid-size businesses due to having to balance rapid growth with the need for establishing more robust HR frameworks. These challenges, if not addressed, can impede their growth trajectory and impact their overall operational effectiveness. 

In line with this, as businesses strive to streamline operations, minimise complexity, and respond swiftly to evolving demands, cost-effective HR solutions have become imperative – and senior HR leaders are certainly keen to grow their investment in technology, with nearly 9 in 10 (89%) across the globe looking to do so in the next 12 months.  

Using technology to address HR challenges, however, often results in the implementation of a complicated and hard-to-manage mix of different HR applications. These solutions can be costly to integrate and expand upon, leading to data silos, uncoordinated processes, and inconsistent and unpredictable employee experiences that can negatively impact the workplace environment. There is the danger that these implementations drag on for an extended period of time too, meaning businesses struggle to achieve a timely return on their investment. 

Finding a solution  

Given the complex web of challenges outlined above, mid-size organisations need to find a solution that allows them to get foundational HR capabilities in place quickly which then enables them to rapidly access the new functionalities they require as their business needs evolve.  

Against this backdrop, Oracle HCM Now, has emerged as a strategic enabler for businesses aiming to rapidly and effectively adopt Oracle Fusion Cloud Human Capital Management (HCM). This initiative presents a methodical approach to integrating Oracle's extensive HCM suite, encompassing critical HR functionalities such as talent management, payroll, and enhancing the employee experience.  

Oracle HCM Now is especially effective at equipping mid-size organisations with the critical tools needed to excel in a fluctuating business environment. By focusing on a streamlined, minimal viable product approach, it offers a scalable and cost-effective solution that aligns HR capabilities with strategic goals efficiently and ensures HR functions can grow in alignment with their evolving needs. 

Oracle HCM Now also helps reduce costs and complexity by eliminating the need for multiple disparate systems and the extensive integrations they require. This not only saves time but also improves overall system performance and user experience, making it easier to adopt and leverage new capabilities as they become necessary. 

At Symatrix, we can streamline this process further, drawing on our more than two decades of experience in implementing Oracle solutions. That means we will deliver on-time and on-budget a streamlined, efficient HR solution that delivers true operational excellence.  

Once implemented, Symatrix can provide additional add-on solutions to bring in new functionality and incremental business value. This includes industry packs that customers can select in a ‘pick-and-mix’ fashion in order to rapidly address vertical-specific challenges or legislative requirements. Coupled with this, a range of complementary services, including Symply Support (application managed services) Symply Test (testing and release management) and Symply Pay (BPO Managed Payroll) can also be chosen to support Oracle HCM Now. 

Future evolution 

At Symatrix, we're focused on continuous improvement and innovation, understanding that the work doesn't stop after the initial setup. We offer a range of services to enhance features, add value, and improve efficiency, demonstrating our commitment to supporting businesses as they evolve their HR practices.  

Navigating today's business world can be complex, and that's where we come in. We're more than just a provider; we're a partner in HR transformation. With Oracle HCM Now, we offer a clear path forward in helping organisations unlock their potential, attract the best talent, and grow sustainably. For more information, please visit https://www.symatrix.com/digital-services-solutions/consulting-services/oracle-hcm-now/