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12 Reasons Why ERP and HCM are Better Together

12 Reasons Why ERP and HCM are Better Together

oracle
Published by: Research Desk Released: Jul 08, 2019

On the path to growth, many small-to-medium businesses (SMBs) invest in a variety of cloud software solutions. As a problem arises, they purchase a point solution to solve that problem. Short-term problem solved; long-term problems made more difficult.

When the decision is made to buy an HCM Cloud solution that cannot reliably share data with the ERP/Financials Cloud solution, problems start to bubble to the surface. Think about it—every time a new HR policy is added, or a current one is adjusted, the finance department is impacted. When systems are not fully integrated (and cannot maintain those integrations during upgrades), HR and Finance spend a lot of time doing low-value, transactional-based work.