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Oracle
ORCL
News Facts
-- Oracle and NetSuite
N announced a strategic alliance focused on plans to
deliver integrated HCM and ERP Cloud Services for mid-size customers.
-- Deloitte plans to work with Oracle and NetSuite to develop a practice
with highly skilled practitioners specializing in tools and
implementation services to help customers adopt the soon to be
integrated SaaS technologies faster and more seamlessly.
-- Additionally, Oracle plans to develop a product integration and
go-to-market strategy with NetSuite for Oracle HCM Cloud and NetSuite
Cloud ERP to deliver a single, integrated solution that seamlessly
connects HR and finance systems for mid-size customers.
Alliance to Create Competitive Advantage For Customers:
-- Mid-size customers can gain a competitive advantage by quickly
implementing SaaS solutions at a lower cost.
-- Oracle HCM Cloud including Global HR and Talent Management, combines
advanced technology, tight integration, best HR practices, and social
capabilities. From recruiting and managing talent, to accurately
forecasting future workforce needs, Oracle HCM Cloud enables companies
to proactively manage HR operations while focused on strategic
business initiatives.
-- NetSuite Cloud ERP offers an integrated solution that connects a
business across financials, sales, service, and fulfillment.
-- For large organizations where Oracle HCM is already deployed, two-tier
deployments of NetSuite in smaller subsidiaries will easily connect
with its Corporate HR system.
-- Deloitte has a business-driven HR approach, global reach, functional
depth and SaaS experience to accelerate both the business value
associated with HR and ERP transformations, as well as process and
technology cost saving efficiencies.
Supporting Quotes
-- "Driving the development and retention of the right talent, and
getting strategic data a
round HR practices can help mid-size companies
transform their business operations," said Oracle President Mark Hurd.
"NetSuite and Oracle are now working together to provide access to
Oracle's leading enterprise-level cloud-based HR & Talent
Management solutions that are integrated with NetSuite's Cloud ERP
suite applications. With Deloitte implementing these integrated
solutions, mid-size companies can quickly gain access to an incredible
new level of HR management that can help impact their bottom line."
-- "We are excited to work with Oracle to bring customers an integrated
solution that combines NetSuite's solutions that automate business
processes with Oracle's suite for managing people processes," said
Zach Nelson, CEO of NetSuite. "Customers will benefit from the
commonality of the products' underlying Oracle-based architecture and
the enormous investment in R&D and customer service that both
companies bring to the table."
-- "Mid-sized companies are looking for solutions that allow them to be
nimble and respond quickly to market opportunities," said Jim Moffatt,
CEO of Deloitte Consulting LLP. "This newly integrated solution will
help these organizations deliver better service at a lower cost,
ultimately giving them an edge in the war for talent and a true
competitive edge."
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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