Oracle Human Resource Management System (HRMS) is an integrated suite of applications that support all HR functions. This system includes HR, payroll, self-service HR, performance management, iRecruitment, time and labor, learning management, advance benefits and HRMS Intelligence modules.
The Oracle HRMS applications share tables in the Oracle database, which removes data redundancy and creates a consistent record for each employee. Organizations can define HR models as per the company's structure and policies.
Oracle HRMS provides the ability to manage the entire recruitment cycle, designing organizational models as per the current and future business strategies and objectives and perform position management by defining and recording required skills.
Oracle HRMS also has an HRMS Intelligence (HRMSi), a configurable analysis tool that provides highly structured and comprehensive access to HR data. It can provide predefined reports for budgets, employee development and performance data, salary trends and vacancies and recruitment.
Ali from FHG Business Group
Specialty: Hospitality / Travel
Employees number: 1,001-5,000 employees
Our company implemented Oracle HRMS and we have been so happy that we did. A good product, nice features and useful if the scale is large - else, it might prove to be a bit costly. A good one to recommend!
Luciano from Clarity Solutions
Specialty: Software / Technology
Employees number: 11-50 employees
I had the chance to know and use several platforms for HCM and this is certainly a top one. I used more the learning and performance appraisals functionalities, but the product is really robust for talent management, including features for social media integration that are very useful actually. Setup seems simple but may become really complex if you decide to make your process more sophisticated.
A variety of functions, several possibilities to support a sophisticated process. Integration between the modules (each one may be deployed separately). It is clearly focused on people information and communication, to make every process optimized. Being on the cloud makes everything easier (setup, new features are available sooner, bugs solving is easier, etc) and less expensive. Recruiting (if you need a platform to do it) is great!
Prices are in the same level of products of the same category. It still may not be affordable to medium/small companies/projects. The integration with 3rd party software/platforms can become more difficult than expected and depend on professional services additional hours. The product is not 100% translated to other languages (i.e. Brazilian Portuguese).
It is important to be part of a proof of concept considering your own processes. It may be part of a pre-sales demonstration to optimize your time. Ask about the integration considering your legacy systems and try to talk to current customers with needs similar to yours (hear about their experience with the platform). There is normally a good space to negotiate (they are always willing to make business).
Kenatu from TPDCo
Specialty: Public Sector
Employees number: 51-200 employees
I have one word - Awesome!! This makes life so much easier to manager staff and keep staff. This entire package takes the burden off the HR department to manage records and staff can staff can help to keep their records straight and encourage management to keep looking for ways to utilize them in a way that keps them engaged.
requires next to nothing in the way of internal IT infrastructure
24 hour access to your own data
its secure and pulling reports are a breeze
Price. make sure that you have a little change in your budget because the license structure is not too flexible to make it affordable to small companies
If you can afford it well worth the expense.