Why moving from Peoplesoft HCM to Oracle HCM Cloud is the right move for your organization?

Before reading about the pros and cons of both softwares, let us know a bit about both of these.

1. PeopleSoft Human Capital Management (HCM) is a combination of softwares that gives access to different human resource activities for corporations, such as Global core HCM, Talent management, workforce management, in- memory labor rules, monitoring and workforce service delivery. 

2. Oracle HCM is natively built on the oracle integration cloud and provides a complete solution connecting every human resource from hire to retirement. Some of the products it offers are human resources, talent management, learning, recruiting, oracle HCM cloud analytics, payroll, etc. The Oracle HCM provides a consistent experience across devices and enables a source of truth for HR data to improve decision making, etc. 

Now coming to the question on why your organization should move from Peoplesoft to Oracle HCM? 

Advantages of Oracle Cloud HCM/ Why chose Oracle HCM?

1. Core human resource includes unique options such as On- demand information for employees to manage their personal data, Global and Local coverage to make your companies global success function smoothly, background information of team members for managers is easily accessible, Predictive analytics under workforce modeling, and many more. 

2. The cost of ownership with Tangenz, partner of Oracle cloud has a significantly lower cost of ownership. 

3. The software is updated with the latest technologies. 

4. The ease of access helps customers understand the working easily without hammering the operations of the company. 

5. Payroll- native Oracle Payroll in eleven locations across the globe. 

6. Anytime pay- provides financial flexibility with payment options for employees to access earned wages when they need it without waiting for the pay day. 

7. Changes with anything in the organization, finance or HR, are updated immediately. 

8. Oracle’s unique breadth and depth of combined integration cloud analytics and application capabilities enable organizations to unify human resource analytics across different departments.

9. HR teams can enrich their analytics beyond what Oracle HCM Cloud provides with additional data sources by extending the single, cross-functional data model and pipelines, and end user metrics without coding.

10. Most Oracle HCM Cloud modules provide better functionality and a better user experience! And, new, better and missing functionality is released each quarter in Oracle HCM Cloud!

Why not choose PeopleSoft HCM software?

1. The Peoplesoft HCM has a higher cost of ownership. 

2. Hardware has to be purchased separately and then installed. With Tangenz, partner of Oracle HCM no such headaches are left for our customers. 

3. The software is difficult to keep up-to-date with the latest technology. 

4. Maintenance. Security, operational functioning all are to be maintained by the organization itself. 

5. These PeopleSoft HCM HR, Payroll and Technical Product Areas have shown to consistently produce the largest number of service requests logged by customers. 

6. Improper system configuration or customizations. 

7.  The application of Tax Updates also requires rigorous testing with each and every new tax update. While PeopleSoft does a good job at keeping up with these updates, there are inevitably many bugs/fixes to be applied with each application update.

Moving from Peoplesoft HCM to Oracle Cloud HCM is a wise decision many companies made, it's time for you to do the same for your organization. 

Feel free to contact Tangenz at www.tangenz.com with your queries and concerns!