Oracle

Why Oracle?

Oracle is a cloud-based HCM (Human Capital Management) solution that provides unified data in a single source of truth across all HR processes (core, payroll, talent, etc.). Standard and consistent processes will facilitate clean and accurate data across the organization, including the following:

  • Cleaner external reporting
  • Cleaner integrations
  • Extensive library of delivered reports
  • Data analytics capabilities
  • Reduced costs on maintaining and updating on-premise HCM systems
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Our employees will have a more intuitive and digitally-enabled working experience, with access to the type of technology many are accustomed to in their daily lives.

person looking at team screen

Our managers and HR Partners will have the space to effectively manage their teams, build enduring capability, inspire others and create an environment where leaders of tomorrow can develop and thrive

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Our leaders will be able to make more informed, data-driven decisions about their business and the people within it​

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Our HR Community will deliver greater value, improved services and employee support as we continuously evolve and as a result, provide more fulfilling careers​

KEY BENEFIT DRIVERS

Improved Employee Productivity on HR Tasks (FTE)

Benefit KPI: Hours per week employees spend on HR tasks
USF Baseline: 2.0
Improvement esitimates:
10% Improvement (conservative) 
15% Improvement (likely)
20% Improvement (optimistic)
Key Assumptions: Improvement based on Oracle’s experience with similar customers

Reduced Voluntary Employee Turnover (Costs)

Benefit KPI: Employee voluntary turnover rate (%)
USF Baseline: 21%
Improvement estimates:
4% improvement (conservative)
7% Improvement (likely)
10% Improvement (optimistic)
Key Assumptions: Oracle HCM customers experience an average improvement in retention of 16%

Benefit: Reduced Payroll Leakage (Costs) 

Benefit KPI: Reduce payroll leakage (1% of total payroll)
USF Baseline: 1B
Improvement Estimates:
15% improvement (conservative)
20% Improvement (likely)
25% Improvement (optimistic)
Key Assumptions: Estimated Reduction

Improved Manager Productivity on HR Tasks (FTE)

Benefit KPI: Hours per week managers spend on HR tasks
USF Baseline: 5.0
Improvement Estimates:
10% improvement (conservative)
15% Improvement (likely)
20% Improvement (optimistic) 
Key Assumptions: Improvement based on Oracle’s experience with similar customers

Benefit: Reduced Overtime Usage(Costs) 

Benefit KPI: Annual costs for overtime($)
USF Baseline: $19.8M
Improvement Estimates:
4% improvement (conservative)
7% Improvement (likely)
10% Improvement (optimistic)
Key Assumptions: Improvement based on Oracle’s experience with similar customers

Eliminate Legacy/Other Applications Support (Costs) 

Benefit KPI: Reduction in Legacy applications support costs (%)
USF Baseline: $.3M
Improvement Estimates:
100% improvement (conservative)
100% Improvement (likely)
100% Improvement (optimistic)
Key Assumptions: Legacy systems will be eliminated