TRANSITION FROM CUSTOMIZED PEOPLESOFT TO HCM CLOUD

Business Need

A trending Insurance company that uses PeopleSoft application for all their Recruiting, Performance Management and Compensation requirements for 500 insurance companies.
A PeopleSoft application for an Insurance Company for all Recruiting, Performance Management and Compensation requirements for 500 insurance companies.
To enhance the functionality of their talent management processes and to reduce the overall cost of system maintenance, they were evaluating a move to Cloud

^❖Workforce Compensation

^❖Performance Management

^❖Goal Management

^❖Talent Review

^❖Succession Planning

^❖Oracle Taleo Cloud Recruiting

^❖Onboarding

^❖Oracle HCM Cloud

The existing PeopleSoft application that was the customer’s system of record, was seamlessly integrated with Oracle HCM Cloud
Oracle HCM Cloud has dedicated this company to the existing PeopleSoft application
The employee data needed for Talent Management, Workforce Compensation and Recruiting/Onboarding was configured, converted and scheduled for subsequent updates in Oracle HCM Cloud
Three key integrations had to be performed during the project:
Out-of-the-Box (OOTB) integration (bi- directional) from Cloud Recruiting to Oracle HCM CloudIntegration from Cloud
Recruiting to PeopleSoft application
Integration from HCM Cloud to PeopleSoft

Legacy systems and manual processes were replaced with the best-in-class Oracle Cloud Talent Management suite
This enabled the customer utilize new functionalities in Talent Management and Workforce Compensation which were not available in the PeopleSoft application
Systemization of the recruiting and onboarding process helped increase application efficiency
Modern best practices were introduced, eliminating several manual paper-based processes
Managers gained visibility to the data, forcing ownership of the data
The customer adopted the SaaS module philosophy and have taken complete ownership of their processes from a functional perspective
Following the move to Cloud, the customer is able to enjoy lowered costs and robust talent management processes