HRMantra Performance Management vs Oracle HCM Cloud comparison

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Executive Summary

We performed a comparison between HRMantra Performance Management and Oracle HCM Cloud based on real PeerSpot user reviews.

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Pricing and Cost Advice
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  • "On an annual basis, we pay about $25,000 for our company. This includes the VAT, support, upgrades and everything else."
  • "Oracle HCM offers many features at a low price."
  • "On average, it's not a cheap solution."
  • "It has a licensing cost. It has a cloud-based subscription, which is quite cheap."
  • "The solution is expensive."
  • "Licensing fees are on a yearly basis."
  • "There is a license required for the use of this solution and we are on an annual license."
  • "I cannot comment on the cost, as this is handled by a different team."
  • More Oracle HCM Cloud Pricing and Cost Advice →

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    Top Answer:Although both are solutions to manage HR, their differences make each one suitable for different companies Oracle Cloud HCM is a platform for connecting all human resource processes in your… more »
    Top Answer:The most important function is definitely managing the employee and employer staff system. This module allows the company to see information about its own employees. It's crucial for our organization… more »
    Top Answer:According to the Turkish market, the pricing is a little bit expensive. There are so many HCM solutions in Turkish markets. So, Oracle is one of the expensive ones. So, not all people and companies… more »
    Ranking
    51st
    out of 85 in Talent Management
    Views
    111
    Comparisons
    76
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    3rd
    out of 85 in Talent Management
    Views
    12,267
    Comparisons
    8,368
    Reviews
    25
    Average Words per Review
    513
    Rating
    7.6
    Comparisons
    Also Known As
    HRMantra Software
    Oracle Human Capital Management Cloud
    Learn More
    Overview

    Create any kind of PMS like 180 or 360 degree system based on competencies & KRAs weightages for each group & generate bell curve analysis

    Performance Chart

    The performance chart of the appraised employees can be viewed through 3D customizable dashboards.

    Monitor Performance

    This will help you in monitoring in which direction your employee’s performance is moving in terms of Readiness, Final Rating and Potential.

    Goal Setting

    You can create goal setting with the help of KRA’s and there is also a balanced score card with its 4 perspectives.

    Identify Training Needs

    In order to identify training needs of an employee at the time of appraisals, create a competency development method and decide its options.

    Different Appraisal Formats

    You may have different appraisal formats for different organizational hierarchies and user levels so as to get an accurate performance evaluation.

    Unbaised Performance Appraisals

    All these features of our Performance management software help talent management through unbiased performance apppraisals.

    KRA Form

    The KRA form can be opened for the employee to see and set KRA’s by self.

    Unlimited Pay Heads

    Even if you have the most complex payroll in the world, HRMantra payroll software can handle it. Create unlimited pay heads using very powerful formulae & parameters to calculate loan, bonus, salary & tax calculations.

    Performance Reviews

    HRMantra PMS software helps in keeping an all round tab on the performance of your employees by getting them appraised in an unbiased manner by their bosses, their subordinates, their clients, their peer group, the HRD and the employee himself. These performance reviews are online, can be customized to each position and done whenever required.

    Training Program

    A training program can consist of many training topics and these programs can then be set at your company, department or designation levels.

    Inter Year Analysis

    You will also quickly know percentage of pending appraisals as also eligibility for appraisals department wise. You can do inter year analysis of performance to check which employees performances have degraded or improved dramatically compared to last year.

    Unlimited Appraisal Levels

    You can create any number of appraisal levels like self, HOD, peer groups or sub-ordinates giving you the options to set 180 or 360 degree appraisal system. Each of the appraisal levels can have different weightages and select whether one appraisal level can see the other person’s evaluation or not.

    Competencies Matrix

    You can create competencies matrix and map it to a role giving different weightages to each competency. Similarly create the key result areas (KRA’s) at any organizational hierarchy level and for each such department for a certain KRA you may have many key performance indicators or measures.

    Review Appraisee

    In the final appraisal form, the appraisal committee can review the scores of the appraisee and the appraisers. After checking their scores they can give recommendations and also decide what kind of training programs he needs to undergo to be able to handle his next job assignments properly.

    Succession Planning

    You can also do succession planning with the help of color-coding theory.

    Readymade Reports

    There are lots of readymade reports for quick analysis.

    Natively built for the cloud, Oracle Fusion Cloud Human Capital Management is a complete solution that connects every human resource process—and every person—across your enterprise. We help you create a community where people feel valued, heard, and like they belong. With a single user experience and data model and seamless processes and infrastructure, Oracle Cloud HCM can help you redefine what best looks like for your people.

    Platform capabilities empower every HR process including: Global HR, Talent Management, Recruiting, Learning, Workforce Rewards, Workforce Management, Work Life Solutions, HR Help Desk, Workforce Health and Safety Incidents, Payroll Management, Benefits Management, Advanced HCM Controls, and Strategic Workforce Planning.

    Top 10 Reason Why Customers Choose Oracle Cloud HCM:

  • Tailored User Experience

    Employees expect tailored experiences from their work technology and want to feel supported by their organization regardless of where, when, and how they work. Providing employees with a tailored user experience is now a necessity—one that many HR teams are striving for as they evaluate their technology. That’s why Oracle Cloud HCM offers the only complete employee experience platform that empowers your people to connect, grow, and thrive.

  • Adaptable and Extensible

    HR is at the forefront of navigating change and needs to be able to adapt quickly as new challenges arise. Oracle Cloud HCM delivers an adaptable and flexible solution to meet changing business practices, regulations, and environments.

  • Complete HCM Cloud Solution

    Organizations that want to manage the entire employee lifecycle select Oracle Cloud HCM because it’s the most complete HR cloud solution on the market. Built as a single cloud solution for all HR functionalities, it connects every HR process from hire to retire.

  • Complete Enterprise Solution

    One of the many things that sets Oracle apart from other vendors is that we natively built our software-as-a-service (SaaS) applications on our own cloud platform and infrastructure. With applications and data all on one platform, you can gain unobstructed visibility across your organization and increased data security

  • Improved Business Value

    Oracle customers leverage our HCM cloud application to drive business value through better user engagement and adoption, streamlined processes, improved productivity, and lower total cost of ownership

  • Dedication to Innovation

    Innovation is the biggest benefit of moving your systems to the cloud. Our quarterly updates allow us to continuously deliver new and exciting features. With a team of more than 20,000 engineers, Oracle delivers more than 1,000 innovation updates annually—80% of which are based on customer feedback.

  • Data Security and Privacy

    Oracle has a strong security culture and is trusted by

    organizations worldwide with strict security requirements. Stored in state-of-the-art data centers, Oracle Cloud HCM and our infrastructure have advanced multilayered security measures that can help customers meet both local and international regulations

  • Vibrant HR Community

    Oracle Cloud Customer Connect is a vibrant online

    community of more than 40,000 HCM users and a great place to crowdsource information, discuss the latest releases, register for in-person or virtual events, and submit product suggestions.

  • Customer Success

    Oracle customers have access to an implementation success manager, on-demand education, and success planning tools. We offer 24/7 customer service in 145 countries worldwide to help you maximize the value of your investment.

  • Global Capabilities

    Most enterprises today operate at both the global and local levels, so our customers appreciate that Oracle Cloud HCM is designed to meet both international and regional needs for more than 200 jurisdictions and 27 languages.

  • Oracle HCM Cloud is a complete HR application suite which helps organizations become more strategic and agile with a best-in-class workforce experience. It integrates HR best practices and technology to provide an engaging, informative, and adaptive HR experience throughout the entire employee lifecycle. Oracle HCM Cloud allows organizations find, develop and retain the best talent, enable collaboration, deliver deep workforce insights, and increase operational efficiency

    Sample Customers
    Vibgyor High School, Ferrero Rocher, Piramal, TATA Teleservices Limited, Group Shaman
    Kovaion Consulting India Pvt. Ltd., eVerge Group, Kalpataru, Logicalis Inc., Macmillan Science and Education, Drivestream Inc., Kamal Osman Jamjoom Group LLC, WAXIE Sanitary Supply
    Top Industries
    No Data Available
    REVIEWERS
    Computer Software Company25%
    Financial Services Firm17%
    Healthcare Company8%
    Insurance Company8%
    VISITORS READING REVIEWS
    Educational Organization45%
    Computer Software Company7%
    Financial Services Firm6%
    Healthcare Company4%
    Company Size
    No Data Available
    REVIEWERS
    Small Business32%
    Midsize Enterprise26%
    Large Enterprise42%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise51%
    Large Enterprise38%
    Buyer's Guide
    Talent Management
    March 2024
    Find out what your peers are saying about SAP, Workday, Oracle and others in Talent Management. Updated: March 2024.
    765,386 professionals have used our research since 2012.

    HRMantra Performance Management is ranked 51st in Talent Management while Oracle HCM Cloud is ranked 3rd in Talent Management with 62 reviews. HRMantra Performance Management is rated 0.0, while Oracle HCM Cloud is rated 7.8. On the other hand, the top reviewer of Oracle HCM Cloud writes " Capable of consolidating data from all countries and providing access to any employee information across locations but poor user experience". HRMantra Performance Management is most compared with DarwinBox and PeopleStrong , whereas Oracle HCM Cloud is most compared with SAP SuccessFactors, PeopleSoft, Workday, SAP HCM and Oracle E-Business Suite.

    See our list of best Talent Management vendors.

    We monitor all Talent Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.