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1. DriveStream is a company specializing in Oracle Cloud implementation services. 2. They offer solutions and services related to Oracle Cloud Applications, including Oracle HCM Cloud, Oracle ERP Cloud, and Oracle CX Cloud. 3. DriveStream helps organizations with various aspects of Oracle Cloud implementation, such as project management, business process analysis, system configuration, data migration, testing, training, and support. 4. They aim to assist businesses in maximizing the benefits of Oracle Cloud technology and optimizing their business processes. 5. Whether you need consulting or total managed services for your Oracle cloud infrastructure, Drivestream is here to help you. 6. Partners : Oracle , wipro, alight and adp, and etc(2 more). 7. ERP stands for Enterprise Resource Planning : It is a software system that integrates various business functions and processes within an organization into a unified platform. finance, human resources, supply chain management, customer relationship management, and more The primary purpose of ERP is to streamline operations, improve efficiency, enhance data accuracy, and provide a centralized view of an organization's data and processes. Organizations use ERP systems to achieve several benefits. These include: Process Efficiency: ERP systems automate and standardize workflows, eliminating manual and redundant tasks. This improves efficiency, reduces errors, and saves time. Data Integration: ERP integrates data from different departments into a single, unified database, allowing real-time access to accurate and consistent information across the organization. Improved Decision-Making: With a centralized data repository and reporting capabilities, ERP systems enable better analysis and decision-making based on real-time insights. Collaboration and Communication: ERP facilitates collaboration and communication by enabling different departments and teams to access and share information seamlessly. Scalability and Growth: ERP systems can adapt to the changing needs of an organization, supporting its growth and expansion without significant disruptions. A real-world example of an ERP system is SAP 9. HCM : Human Capital Management s a comprehensive cloud-based solution offered by Oracle that focuses on managing and optimizing an organization's human resources and talent management processes. It provides a range of modules and functionalities to support various HR functions, including recruitment, onboarding, employee data management, payroll, benefits administration, performance management, learning and development, and workforce analytics. Oracle HCM offers a unified platform for managing the entire employee lifecycle, from recruitment to retirement. The system enables HR departments to streamline processes, enhance employee engagement, and make informed decisions by leveraging data and analytics. Key features and benefits of Oracle HCM include: Talent Acquisition: Facilitates the recruitment and selection process, including job posting, applicant tracking, candidate evaluation, and hiring workflows. Workforce Management: Provides tools for managing employee data, time and attendance, scheduling, absence management, and compliance with labor regulations. Performance and Goal Management: Enables organizations to set and track employee performance goals, conduct performance evaluations, provide feedback, and align individual goals with organizational objectives. Learning and Development: Offers tools for creating and managing training programs, certifications, and employee development plans, fostering a culture of continuous learning and professional growth. Compensation and Benefits: Supports the administration of compensation plans, benefits programs, and payroll processes, ensuring accuracy and compliance. Employee Self-Service: Empowers employees to access and update their personal information, view pay stubs, request time off, enroll in benefits, and participate in performance management activities. Analytics and Reporting: Provides robust reporting and analytics capabilities, enabling HR professionals and managers to gain insights into workforce trends, make data-driven decisions, and identify areas for improvement. Oracle HCM is designed to streamline HR operations, improve workforce productivity, enhance employee experiences, and enable organizations to effectively manage their most valuable asset - their people. 7. Case study : Drivestream, a company specializing in Oracle Cloud implementation services, led a digital transformation project in the higher education industry in North America. The project involved implementing Oracle ERP Cloud and HCM Cloud and integrating them with the existing Oracle PeopleSoft Campus Solutions application for a highly ranked liberal arts college. Challenges addressed by Drivestream included decentralized communication, siloed business processes, lack of an end-to-end timekeeping solution, data quality issues, multiple payroll processing cycles, and misalignment between college policies and system practices. The benefits achieved through the project included the development of integrations between Oracle HCM/ERP Cloud and other systems, automation of key business processes, seamless transition to a new time tracking system, data cleansing during the conversion to the Oracle Cloud, consolidation of multiple payroll cycles into a single biweekly cycle, and improved alignment between the system design and business requirements. Despite substantial interruptions caused by COVID, the project was completed on time. Automation and workflow processing of HR and financial processes were improved, cost savings were achieved by replacing the Kronos system with Oracle Time and Labor for union employees, and the efficiency of payroll processing was increased through the consolidation of pay cycles. The legacy platforms involved in the project were Oracle EBS (HCM/ERP), Banner Student, CBORD, NextGen, and Kronos. The Oracle Cloud products utilized included HCM Cloud, Financials Cloud, Procurement Cloud, and Payroll (US).