Why Do You Need Effective Performance Management? How to Build One?

Shefali Vasave | January 10, 2022 | 344 views

What is Performance Management?

HR performance management is a type of organizational process that is used to evaluate the performance of an employee, group, or business unit. It can be a formalized process or an informal system. Performance management often includes feedback from the employees, managers and colleagues.

Performance management is a great way to identify developmental needs and set goals for employees to improve their performance in current and future positions. In a world where business is evolving rapidly in the face of a global health crisis, it is time to think of performance as a driver rather than as part of an organization. All of that is possible with an effective performance management process. An employee performance assessment includes:
  • Providing feedback to employees to help them understand how well or poorly they are performing: Giving feedback on both strengths and developmental areas
  • Setting goals for improvement
  • Evaluating progress towards goals and
  • Providing ongoing support for career growth


The Benefits of Implementing Effective Performance Management

There are many benefits to performance management. It is an essential part of any organization’s culture. It allows for employees to be clear on the organization’s goals, expectations, and how they are being evaluated. Performance management also allows employees to reflect on their performance and look for areas in which they can improve. The performance management process in HRM is also a way for employees to be aware of their strengths and weaknesses so they can focus on what they do best.

It has the power to affect the company's morale, productivity, and many other factors. The three main benefits of performance management are:
  • Promoting greater employee engagement
  • Ensuring that employees are performing at their best
  • Managing individuals to achieve organizational goals


“It’s critical that we have managers who see the potential, and the best in people, and who also have the skills to draw that out of them."

- Adrian Moorhouse, Managing Director at Lane4 Management Group.

Performance management is used to measure how well an individual or organization performs. Traditionally, this was done through an annual review process, but today, organizations are looking for more robust ways to measure performance. This has led to the emergence of performance management systems that incorporate continuous feedback loops and other tactics to get better insights on where employees need to improve.

The Drivers of Successful Performance Management

A successful performance management system is one of the most vital things in a workplace. It helps with motivation and productivity, lays out clear expectations, and makes the company a better place to work.

To make a company’s performance management system successful, it should be a part of its culture. It should also be flexible enough to address all employees’ needs and encourage them to achieve their goals.
  • An accurate appraisal of the employee's achievements and shortcomings
  • Development of a plan for improving weak areas
  • Monitoring progress towards achieving the goals set out in the development plan
  • Regular reviews to ensure that both parties are aware of the progress made

Performance management has found success when it focuses on continuous feedback from managers, employees, and peers about every aspect of their work lives. However, it also has to be fair by considering each person's strengths and limitations.

Companies can implement a successful performance management system by setting clear expectations. The company should communicate what is expected of the employee and what the company will provide.

For instance, the Fossil Group deployed a digital performance management process. The organization encouraged regular goal-setting to align with the company’s goals as closely as possible. The organization also had dedicated performance days when all work-related meetings and tasks were set aside for the day. The goal was to jump-start discussions among employees, managers, and teams about performance.


How to Build an Effective Performance Management System?

A successful performance management process is an ongoing process of evaluating the performance of employees. It entails the following steps:
  • Identify what the company’s goals for this year are
  • Make plans to help you achieve your goals
  • Measure your progress against those plans
  • Provide employees with feedback on their performance and help them improve
  • Follow up on feedback with coaching or more training based on individual performance as needed.


Conclusion

Performance management in HR is not just about taking stock of an employee’s work, but is also about providing a channel for discussing the areas that need improvement. It allows managers to give feedback and create a dialogue with their employees to improve themselves professionally. Performance management is a critical aspect of HR as it helps organizations identify and develop their high-potential performers.

It advises employees on what they should focus on in order to achieve their goals and objectives, both for themselves and for the organization. It also helps an organization identify priorities, whether those priorities are strategic or operational, and allocate its resources accordingly.


Frequently Asked Questions


What is the purpose of performance management?

A performance management system motivates and rewards employees for their contributions.


How is a performance review conducted?

The employee's manager conducts a performance review. The manager will meet with the employee to evaluate their performance in their position. The review process will include analyzing how well the employee has met the company's goals.


What types of feedback can be included in a performance review?

The best feedback provides constructive criticism and helps the employee become better at their job. This is why it must be specific, timely, and appropriate.
Some types of feedback that can be included in a performance review are: developmental coaching, formal mentoring, 360-degree feedback from peers, and customer satisfaction surveys.

Spotlight

Vertex Staffing

Since 1999, Vertex Staffing has been a leader in healthcare staffing industry. We work nationally and have positions throughout the United States. We specialize in healthcare so we know the marketplace and know what kind of background our clients are seeking. We can get qualified resumes in front of the decision makers more quickly than the traditional approach so that candidates can make sure their resume is being reviewed and feedback will be provided.

OTHER ARTICLES
HR Strategy

Listen and act: how to get employee experience management right

Article | February 28, 2022

As the science behind employee engagement evolves, it’s become clear just how much businesses can gain from a happy and involved workforce. From improved performance, to reduced attrition, increased revenue and even a better customer experience, employee engagement is at the heart of business growth. Given these benefits, it’s no surprise that the role of HR departments is moving beyond just managing people and towards managing experiences.

Read More
HR Strategy

5 Things HR Can Do To Improve Employee Output

Article | March 25, 2022

Employees are companies most valuable asset – Without the talent, knowledge and expertise those employed bring to an organisation, it’s safe to say that the business world would be a very different landscape. Human Resources is often held responsible for owning the employee value strategy, where we’re now embracing tremendous improvements in how the value that employees bring, can be achieved. Here we’ll explore how data analysis, learning & development, employee engagement, 360 feedback and flexibility all offer a significant opportunity to improve employee output within every organisation in 2020.

Read More
HR Strategy

6 Reasons To Invest In Employee Onboarding In Your Organization

Article | June 7, 2022

You never get a second chance to make a first impression. This holds particularly true when it comes to employee onboarding. It's a new hire's introduction to the organization and the experience has a significant impact on employee retention. Unfortunately, that's why it's rare to see many employees with years of tenure. Research by Future Workplace found that 91% of Millennials expect to stay in a job for less than 3 years. Companies lose 25% of all new employees within the first year, according to SHRM, but almost 70% of employees are more likely to stay with a company for 3 years if they experienced great onboarding.

Read More

Great training is key to creating a positive employee experience

Article | February 10, 2020

You’d love to have employees working for you who are the type that always want to learn new things and grow, right? Right. Engaged employees spend more of their time working to improve their performance through training and development. They are the type of workers every company wants, and they expect their employers to create a positive experience for them by matching their ambition with effective training. For firms and HR professionals trying to create a positive employee experience, it’s essential that your team of in-house trainers is ready to lead the way.

Read More

Spotlight

Vertex Staffing

Since 1999, Vertex Staffing has been a leader in healthcare staffing industry. We work nationally and have positions throughout the United States. We specialize in healthcare so we know the marketplace and know what kind of background our clients are seeking. We can get qualified resumes in front of the decision makers more quickly than the traditional approach so that candidates can make sure their resume is being reviewed and feedback will be provided.

Related News

HR Practice, HR Strategy

Conversational AI in Recruitment

PR Newswire | August 23, 2023

hrtech, the Singapore-headquartered HR Technology Analyst firm, recently announced the launch of an HR Guide titled "Conversational AI in Recruitment" to address the need for automation that simplifies and streamlines the candidate experience, while saving hours of repetitive work for recruiters every day. The guide was produced in partnership with Paradox, the conversational hiring platform helping global employers like Unilever, Nestle, McDonald's, and General Motors transform hiring with mobile-first automation. The idea behind the HR guide stems from the fact that there has been a drastic change in the way organizations and employees approach business processes. Digital transformation has been the topmost priority for organizations wanting to enhance business proficiency and candidate experience. Today, candidates want a consumer-grade experience at their workplace and expect the hire-to-retire journey to be digitally seamless and efficient. Candidates also expect multi-channel accessibility to connect with recruiters — and instant access to information throughout the hiring process. This is where Conversational AI proves to be a great aid for recruiters. The HR guide intelligently brings rest to all the myths surrounding Conversational AI and maps out the differences between traditional recruitment techniques and Conversational AI-led recruitment. To harness the full potential of Conversational AI, the HR guide validates that organizations can integrate this technology into their recruitment tech stack, including Applicant Tracking System (ATS), job boards, CRM, assessments, recruitment marketing tools, and more. The HR guide brings to light the success stories of global organizations that have deployed Conversational AI to enhance their recruitment function. The detailed case studies about the United Overseas Bank Limited (UOB), McDonald's, and a non-profit healthcare organization will help you understand how Paradox helped them improve their recruitment function and enhance the candidate experience using Conversational AI. "At Paradox, we've always imagined a future where boring, repetitive recruiting work is replaced by conversational experiences that dramatically simplify and streamline the entire hiring process. Our goal is to give recruiters hours back in their day to spend more time with people, not software — and to create experiences candidates love. The hrtech.sg team has truly captured the essence of Conversational AI in this HR guide — specifically, the business value it creates by stripping away inefficiency and time stealers in the hiring process" said Paradox Client Success Director Zhenlin Ong, who supports clients like UOB, Scoot, and Starhub in Singapore. "hrtech has always been a strong advocate of using smart technology to not just simplify HR processes but to elevate HR into a business growth function. Conversational AI is, indeed, a significant breakthrough that will completely transform the way organizations approach hiring. This technology focuses on the two most crucial expectations of the modern-day candidate - Personalization and Easy Accessibility. This HR guide covers all the aspects of Conversational AI, right from the need to the applications in recruitment function." Sriram Iyer, Founder & CEO, hrtech believes that Conversational AI is the only way ahead for organizations that want to stay ahead of the curve. About Paradox Launched in 2016, Paradox is the conversational recruiting platform that automates repetitive tasks in the hiring process with next-gen solutions that automate screening, interview scheduling, onboarding, and more — creating world-class, mobile-first candidate experiences that save recruiters countless hours every day. Among Paradox's solutions is the world's first Conversational ATS and Conversational Career Sites, which are transforming hiring for hundreds of global clients like McDonald's, Nestle, General Motors, and Pfizer. To learn more, visit their website at: https://www.paradox.ai/ About hrtech hrtech, a HRTech Analyst firm, dedicated to facilitating Workplace and Workforce Transformations that drive robust Business and HR outcomes for enterprises across Asia and the Middle East. Our unwavering vision has been to create a TECH-DRIVEN and DATA-CENTRIC HR ECOSYSTEM, enabling successful Workplace and Talent Transformations that fuel organizational growth and empower HR teams to become Strategic Business Partners. To guide HR teams through this transformational journey, we operate through four distinct verticals: Academy, Advisory & Consulting, Marketplace Solutions, and Talent On-Demand. For more details: https://www.hrtech.sg

Read More

Employee Experience

KellyOCG Introduces Kelly Helix Analytics for Human Cloud Solution

KellyOCG | September 20, 2023

KellyOCG, the consulting and outsourcing arm of Kelly, has unveiled the latest iteration of the Kelly Helix technology platform. This unveiling marks the debut of two groundbreaking solutions: Kelly Helix Analytics and an upgraded Human Cloud solution, both designed to elevate user experiences and deliver enhanced value to clients. Kelly Helix Analytics represents a significant step forward in their Talent Analytics portal's evolution. It leverages cutting-edge technical architecture to deliver real-time, customized data to clients, thereby enhancing the effective management of their external workforce. This innovative solution introduces unparalleled transparency, providing businesses with a comprehensive view of their external workforce, encompassing global rates, performance metrics, and supply chain efficiency. The newfound clarity enables organizations to develop more agile and effective workforce strategies. Kelly Helix Analytics offers the ability to tailor dashboards to specific user groups. This customization ensures the delivery of real-time, relevant, and actionable information to hiring managers and stakeholders. These insights enable better decision-making and increased productivity. Accessing KellyOCG's enhanced Human Cloud solution through Kelly Helix UX streamlines the process of acquiring and managing freelance talent for businesses. This simplified access empowers businesses with the confidence to identify the right individuals for their specific tasks. Streamlining engagement, KellyOCG provides an intuitive platform for businesses to independently search for and engage with freelancers. This simplifies the talent acquisition process, making it more efficient. Tammy Browning, President of KellyOCG, expressed her enthusiasm about the platform's evolution, stating, I am delighted to announce the strategic progression of the Kelly Helix technology platform. When we introduced Kelly Helix UX in 2021, our objective was clear: to enhance our clients' experience and simplify their journey. [Source: Cision PR Newswire] The tool empowers hiring committees to actively participate in talent acquisition by directly searching for and selecting freelancers aligned with their specific needs and criteria. Furthermore, the solution offers enhanced visibility into the freelance workforce, providing businesses with valuable insights. These insights empower decision-makers and optimize resource allocation. As industry leaders in talent management, KellyOCG ensures that clients remain at the forefront of the Human Cloud revolution. This allows organizations to confidently access the global pool of freelancers, supported by our trusted expertise. About KellyOCG KellyOCG connects companies with the talented people they need to fuel and grow their business through a global talent supply chain and workforce solutions, including Managed Service Provider and Recruitment Process Outsourcing. With decades of industry experience and a commitment to technology-driven solutions, KellyOCG serves a global client portfolio across various industries in North America, APAC, and EMEA.

Read More

Workforce Management

TrueBlue Streamlines Operations with Oracle Fusion Cloud Applications

TrueBlue | September 20, 2023

TrueBlue Achieves 40% ROI through Oracle Fusion Cloud Applications implementation. Centralized Finance and HR Processes Enhance Productivity and Reduce Costs. Over 11,000 organizations opt for Oracle Cloud ERP and HCM Solutions. TrueBlue, a leader in specialized workforce solutions, has automated its finance and HR operations using Oracle Fusion Cloud Applications Suite, resulting in a remarkable 40% return on investment (ROI). Leveraging Oracle Fusion Cloud Enterprise Resource Planning (ERP) and Oracle Fusion Cloud Human Capital Management (HCM), TrueBlue has achieved heightened productivity, cost reduction, and enhanced business insights by streamlining and automating its finance and HR processes. This strategic move empowers TrueBlue to better assist its clients in achieving growth while addressing evolving workforce demands. TrueBlue, dedicated to improving growth and performance by offering staffing, workforce management, and recruitment process outsourcing solutions, annually connects over 600,000 individuals with job opportunities. To tackle the challenge of managing 20 disparate financial and HR applications accumulated over several years through organic growth and acquisitions, TrueBlue made the decision to consolidate its finance and HR processes with Oracle Fusion Applications. Derrek Gafford, Executive Vice President and Chief Financial Officer of TrueBlue, emphasized the positive impact of this transformation, noting, Our legacy systems were a struggle to maintain resulting in unnecessary delays, which hampered our ability to innovate. [Source – Cision PR Newswire] He added that with Oracle Fusion Applications, they had been able to bring finance and HR together on a single shared platform. He mentioned that this had helped them eliminate manual processes, improve the speed and accuracy of their business operations, and enhance their ability to meet demand. By implementing Oracle Cloud ERP and Oracle Cloud HCM, TrueBlue has realized tangible benefits, including automating billing to decrease days sales outstanding by 20 days and cutting three days from its financial close cycle. Furthermore, Oracle Cloud HCM has streamlined HR tasks, allowing employees to dedicate more time to achieving their career and growth goals. Steve Miranda, Executive Vice President of Applications Development at Oracle, praised TrueBlue's approach, noting, To efficiently support stakeholders and fulfill its mission to connect work and people, TrueBlue needed to streamline processes, consolidate systems, and embrace automation. [Source – Cision PR Newswire] He added that with Oracle Fusion Applications, TrueBlue had been able to take advantage of Oracle's integrated suite of applications to bring finance and HR together. He noted that this had made a significant difference to the way TrueBlue ran its business and was helping the team drive innovation to better serve clients both in the present and the future. Oracle Cloud ERP offers a comprehensive suite of enterprise finance and operations capabilities, encompassing financials, accounting hub, procurement, project management, enterprise performance management, risk management, subscription management, supply chain management and manufacturing. On the other hand, Oracle Cloud HCM provides market-leading features for human resources, talent management, workforce management, payroll, and the award-winning employee experience platform, Oracle ME. This transformative move by TrueBlue underscores the power of automation and integration in enhancing business efficiency and competitiveness. It exemplifies the benefits that organizations can achieve by embracing modern cloud-based solutions.

Read More

HR Practice, HR Strategy

Conversational AI in Recruitment

PR Newswire | August 23, 2023

hrtech, the Singapore-headquartered HR Technology Analyst firm, recently announced the launch of an HR Guide titled "Conversational AI in Recruitment" to address the need for automation that simplifies and streamlines the candidate experience, while saving hours of repetitive work for recruiters every day. The guide was produced in partnership with Paradox, the conversational hiring platform helping global employers like Unilever, Nestle, McDonald's, and General Motors transform hiring with mobile-first automation. The idea behind the HR guide stems from the fact that there has been a drastic change in the way organizations and employees approach business processes. Digital transformation has been the topmost priority for organizations wanting to enhance business proficiency and candidate experience. Today, candidates want a consumer-grade experience at their workplace and expect the hire-to-retire journey to be digitally seamless and efficient. Candidates also expect multi-channel accessibility to connect with recruiters — and instant access to information throughout the hiring process. This is where Conversational AI proves to be a great aid for recruiters. The HR guide intelligently brings rest to all the myths surrounding Conversational AI and maps out the differences between traditional recruitment techniques and Conversational AI-led recruitment. To harness the full potential of Conversational AI, the HR guide validates that organizations can integrate this technology into their recruitment tech stack, including Applicant Tracking System (ATS), job boards, CRM, assessments, recruitment marketing tools, and more. The HR guide brings to light the success stories of global organizations that have deployed Conversational AI to enhance their recruitment function. The detailed case studies about the United Overseas Bank Limited (UOB), McDonald's, and a non-profit healthcare organization will help you understand how Paradox helped them improve their recruitment function and enhance the candidate experience using Conversational AI. "At Paradox, we've always imagined a future where boring, repetitive recruiting work is replaced by conversational experiences that dramatically simplify and streamline the entire hiring process. Our goal is to give recruiters hours back in their day to spend more time with people, not software — and to create experiences candidates love. The hrtech.sg team has truly captured the essence of Conversational AI in this HR guide — specifically, the business value it creates by stripping away inefficiency and time stealers in the hiring process" said Paradox Client Success Director Zhenlin Ong, who supports clients like UOB, Scoot, and Starhub in Singapore. "hrtech has always been a strong advocate of using smart technology to not just simplify HR processes but to elevate HR into a business growth function. Conversational AI is, indeed, a significant breakthrough that will completely transform the way organizations approach hiring. This technology focuses on the two most crucial expectations of the modern-day candidate - Personalization and Easy Accessibility. This HR guide covers all the aspects of Conversational AI, right from the need to the applications in recruitment function." Sriram Iyer, Founder & CEO, hrtech believes that Conversational AI is the only way ahead for organizations that want to stay ahead of the curve. About Paradox Launched in 2016, Paradox is the conversational recruiting platform that automates repetitive tasks in the hiring process with next-gen solutions that automate screening, interview scheduling, onboarding, and more — creating world-class, mobile-first candidate experiences that save recruiters countless hours every day. Among Paradox's solutions is the world's first Conversational ATS and Conversational Career Sites, which are transforming hiring for hundreds of global clients like McDonald's, Nestle, General Motors, and Pfizer. To learn more, visit their website at: https://www.paradox.ai/ About hrtech hrtech, a HRTech Analyst firm, dedicated to facilitating Workplace and Workforce Transformations that drive robust Business and HR outcomes for enterprises across Asia and the Middle East. Our unwavering vision has been to create a TECH-DRIVEN and DATA-CENTRIC HR ECOSYSTEM, enabling successful Workplace and Talent Transformations that fuel organizational growth and empower HR teams to become Strategic Business Partners. To guide HR teams through this transformational journey, we operate through four distinct verticals: Academy, Advisory & Consulting, Marketplace Solutions, and Talent On-Demand. For more details: https://www.hrtech.sg

Read More

Employee Experience

KellyOCG Introduces Kelly Helix Analytics for Human Cloud Solution

KellyOCG | September 20, 2023

KellyOCG, the consulting and outsourcing arm of Kelly, has unveiled the latest iteration of the Kelly Helix technology platform. This unveiling marks the debut of two groundbreaking solutions: Kelly Helix Analytics and an upgraded Human Cloud solution, both designed to elevate user experiences and deliver enhanced value to clients. Kelly Helix Analytics represents a significant step forward in their Talent Analytics portal's evolution. It leverages cutting-edge technical architecture to deliver real-time, customized data to clients, thereby enhancing the effective management of their external workforce. This innovative solution introduces unparalleled transparency, providing businesses with a comprehensive view of their external workforce, encompassing global rates, performance metrics, and supply chain efficiency. The newfound clarity enables organizations to develop more agile and effective workforce strategies. Kelly Helix Analytics offers the ability to tailor dashboards to specific user groups. This customization ensures the delivery of real-time, relevant, and actionable information to hiring managers and stakeholders. These insights enable better decision-making and increased productivity. Accessing KellyOCG's enhanced Human Cloud solution through Kelly Helix UX streamlines the process of acquiring and managing freelance talent for businesses. This simplified access empowers businesses with the confidence to identify the right individuals for their specific tasks. Streamlining engagement, KellyOCG provides an intuitive platform for businesses to independently search for and engage with freelancers. This simplifies the talent acquisition process, making it more efficient. Tammy Browning, President of KellyOCG, expressed her enthusiasm about the platform's evolution, stating, I am delighted to announce the strategic progression of the Kelly Helix technology platform. When we introduced Kelly Helix UX in 2021, our objective was clear: to enhance our clients' experience and simplify their journey. [Source: Cision PR Newswire] The tool empowers hiring committees to actively participate in talent acquisition by directly searching for and selecting freelancers aligned with their specific needs and criteria. Furthermore, the solution offers enhanced visibility into the freelance workforce, providing businesses with valuable insights. These insights empower decision-makers and optimize resource allocation. As industry leaders in talent management, KellyOCG ensures that clients remain at the forefront of the Human Cloud revolution. This allows organizations to confidently access the global pool of freelancers, supported by our trusted expertise. About KellyOCG KellyOCG connects companies with the talented people they need to fuel and grow their business through a global talent supply chain and workforce solutions, including Managed Service Provider and Recruitment Process Outsourcing. With decades of industry experience and a commitment to technology-driven solutions, KellyOCG serves a global client portfolio across various industries in North America, APAC, and EMEA.

Read More

Workforce Management

TrueBlue Streamlines Operations with Oracle Fusion Cloud Applications

TrueBlue | September 20, 2023

TrueBlue Achieves 40% ROI through Oracle Fusion Cloud Applications implementation. Centralized Finance and HR Processes Enhance Productivity and Reduce Costs. Over 11,000 organizations opt for Oracle Cloud ERP and HCM Solutions. TrueBlue, a leader in specialized workforce solutions, has automated its finance and HR operations using Oracle Fusion Cloud Applications Suite, resulting in a remarkable 40% return on investment (ROI). Leveraging Oracle Fusion Cloud Enterprise Resource Planning (ERP) and Oracle Fusion Cloud Human Capital Management (HCM), TrueBlue has achieved heightened productivity, cost reduction, and enhanced business insights by streamlining and automating its finance and HR processes. This strategic move empowers TrueBlue to better assist its clients in achieving growth while addressing evolving workforce demands. TrueBlue, dedicated to improving growth and performance by offering staffing, workforce management, and recruitment process outsourcing solutions, annually connects over 600,000 individuals with job opportunities. To tackle the challenge of managing 20 disparate financial and HR applications accumulated over several years through organic growth and acquisitions, TrueBlue made the decision to consolidate its finance and HR processes with Oracle Fusion Applications. Derrek Gafford, Executive Vice President and Chief Financial Officer of TrueBlue, emphasized the positive impact of this transformation, noting, Our legacy systems were a struggle to maintain resulting in unnecessary delays, which hampered our ability to innovate. [Source – Cision PR Newswire] He added that with Oracle Fusion Applications, they had been able to bring finance and HR together on a single shared platform. He mentioned that this had helped them eliminate manual processes, improve the speed and accuracy of their business operations, and enhance their ability to meet demand. By implementing Oracle Cloud ERP and Oracle Cloud HCM, TrueBlue has realized tangible benefits, including automating billing to decrease days sales outstanding by 20 days and cutting three days from its financial close cycle. Furthermore, Oracle Cloud HCM has streamlined HR tasks, allowing employees to dedicate more time to achieving their career and growth goals. Steve Miranda, Executive Vice President of Applications Development at Oracle, praised TrueBlue's approach, noting, To efficiently support stakeholders and fulfill its mission to connect work and people, TrueBlue needed to streamline processes, consolidate systems, and embrace automation. [Source – Cision PR Newswire] He added that with Oracle Fusion Applications, TrueBlue had been able to take advantage of Oracle's integrated suite of applications to bring finance and HR together. He noted that this had made a significant difference to the way TrueBlue ran its business and was helping the team drive innovation to better serve clients both in the present and the future. Oracle Cloud ERP offers a comprehensive suite of enterprise finance and operations capabilities, encompassing financials, accounting hub, procurement, project management, enterprise performance management, risk management, subscription management, supply chain management and manufacturing. On the other hand, Oracle Cloud HCM provides market-leading features for human resources, talent management, workforce management, payroll, and the award-winning employee experience platform, Oracle ME. This transformative move by TrueBlue underscores the power of automation and integration in enhancing business efficiency and competitiveness. It exemplifies the benefits that organizations can achieve by embracing modern cloud-based solutions.

Read More

Events