Rutgers, New Jersey’s State University has recently announced that it will be implementing several of Oracle’s Cloud Applications. The applications will help in a variety of areas in the university. They are easily scaled to fit various departments. We have seen more universities and hospitals turn to Oracle’s PeopleSoft Human Capital Management as features continue to expand with cloud services. Rutgers will be implementing several new applications including Oracle Enterprise Resource Planning Cloud (ERP), Oracle Enterprise Performance Management (EPM) Cloud, Oracle Human Capital Management (HCM) Cloud, and Oracle Enterprise Performance Reporting Cloud. ERP Cloud is designed to help increase productivity and lower costs by helping you plan. It is specifically designed to assist with project management, procurement and financials. EPM Cloud is designed to help streamline processes and get more value in your time. It helps organize all areas of performance management, and allows businesses to easily move away from legacy systems. HCM Cloud is an advanced application that helps HR departments. For HR to thrive they must be able to use strategy and technology to find and retain the best talent. They must collaborate with and engage both potential new employees and existing employees. Oracle Enterprise Performance Reporting Cloud is a secure way to author, review and publish financial reports. Rutgers University selected Oracle’s applications only after a “competitive process” according to Michael Gower, who is the Senior Vice President for Finance. The University wants to achieve several goals with the help of these applications. They look to eliminate redundant systems, leading to lower costs and easier use. They want to use the HCM to consolidate payroll for faculty and staff, including student employees. The final goal is to reduce IT costs by utilizing the cloud applications. This means less money to upgrade and support data centers and infrastructure while making it easier for IT to maintain the systems. The advantages of Oracle’s Cloud Applications and PeopleSoft Human Capital Management are clearly evident. These programs can be used in any sized business, in universities and hospitals alike. Rutgers is a great example of utilizing the software to upgrade legacy systems, save money and create a more stable working environment. There is no better partner than Belmero to help your institution resolve your Oracle HCM pain points and get it working at its fullest potential to meet your specific needs. You will find that Oracle software is used in a variety of applications and can be customized to create innovative solutions for your hospital. Contact us today to find out more.
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