Tenet Healthcare | September 25, 2023
Tenet Healthcare adopts Oracle Cloud HCM to modernize HR and payroll, enhancing the employee experience by automating tasks and optimizing workflows.
Oracle Cloud HCM streamlines HR processes with AI, reducing manual workloads, enhancing efficiency, and improving decision-making.
While promising, challenges include complex implementation, data security concerns, and cost considerations. However, the benefits include error reduction, AI-driven insights, and improved employee productivity for better patient care.
Tenet Healthcare, a prominent player in the health system and services sector, has opted for Oracle Fusion Cloud Human Capital Management (HCM) to modernize and streamline its HR and payroll operations. With over 475 ambulatory and surgical centers, 61 hospitals, and 110 outpatient centers in the United States, Tenet aims to enhance the employee experience by reducing manual tasks and optimizing automated workflows through Oracle Cloud HCM.
Paola Arbour, Executive Vice President and CIO at Tenet Healthcare, reportedly stated,
Combining our systems with Oracle Cloud HCM, we are now able to enhance and automate our processes and improve the capability we deliver to our employees and HR and payroll professionals across our enterprise.
[Source – Cision PR Newswire]
Chris Leone, Executive Vice President of Applications Development at Oracle, emphasized the need for healthcare organizations to be flexible in managing their workforce and highlighted Oracle Cloud HCM's role in automating time-consuming tasks, allowing healthcare professionals to focus more on patient care.
Oracle Cloud HCM is a comprehensive cloud-based solution designed to streamline the entire HR process, from hiring to retirement. It provides HR teams with a single platform for accessing employee data and utilizes AI to offer recommendations, simplify processes, and enhance productivity and the employee experience.
While Oracle Fusion Cloud Human Capital Management (HCM) offers promising solutions for modernizing HR and payroll operations at Tenet Healthcare, there are potential challenges to consider. First, the implementation of such a comprehensive cloud-based system can be complex and time-consuming, potentially causing disruptions during the transition phase. Second, concerns about data security and privacy in the healthcare sector may arise, given the sensitive nature of employee information. Third, the cost of implementing and maintaining this technology can be significant, and it may require ongoing investments in training and support to ensure its optimal use.
The adoption of Oracle Cloud HCM by Tenet Healthcare presents several notable advantages. Firstly, it promises to significantly reduce manual workloads and improve efficiency in HR and payroll processes. This streamlined approach not only saves time but also reduces the risk of errors, ensuring that employees are paid accurately and on time. Secondly, the integration of AI within the system can provide valuable insights and recommendations to HR teams, enabling better decision-making and resource allocation. Thirdly, the enhanced user experience and accessibility for employees and HR professionals can boost morale and productivity across the organization, ultimately leading to improved patient care as healthcare staff can focus more on their primary responsibilities.
UKG | November 07, 2023
UKG Labs welcomes a second cohort of startups from four countries, all focused on enhancing business cultures.
Startups Bites, Denim, Hop In Technologies, and Mo were selected for their innovative workforce technologies and commitment to workplace wellbeing.
Despite offering a collaborative platform, UKG Labs poses potential risks, including over-reliance on UKG, intellectual property disputes, and a possible compromise of the startups' original visions.
UKG, a leading HR, payroll, and workforce management solutions provider, has introduced its second cohort of early-stage companies to its global startup ecosystem, UKG Labs. The selected startups, from four different countries, are committed to creating high-performing, people-centric cultures in businesses.
The new entrants include Bites from Israel, Denim from the U.S., Hop In Technologies from Canada, and Mo from the U.K. These companies were chosen for their innovative technologies that add value to the frontline workforce and their commitment to helping people thrive at work.
UKG Labs provides more than just capital to these startups. It offers a platform for co-learning, co-creation, and co-experimentation, allowing startups to gain insights into specific market problems where UKG has expertise. The startups also work directly with UKG customers to explore new solutions and shape emerging HR and HCM technologies.
Hugo Sarrazin, Chief Product and Technology Officer at UKG, stated that the goal of UKG Labs is to help businesses become great workplaces by building an ecosystem of technology companies that share its vision. The startup founders have completed a three-month onboarding engagement and will showcase their innovations at the UKG Aspire 2023 conference.
While the UKG Labs initiative offers numerous benefits, it does come with potential drawbacks. The startups involved might become overly reliant on UKG for resources and expertise, which could potentially stifle its independence and creativity. There's also a risk of intellectual property disputes, and the startups' original visions might be compromised to align with UKG's goals. On the brighter side, UKG Labs provides a platform for startups to co-learn, co-create, and co-experiment, fostering innovation and helping businesses become better workplaces. It also allows startups to gain insights into specific market problems where UKG has expertise and work directly with UKG customers to explore new solutions and shape emerging HR and HCM technologies. This collaboration ultimately serves to enhance the workplace experience for all.
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.