The efforts from companies to create a more accessible HR tech stack were underscored by Oracle’s recent release of Oracle ME, their new employee experience software.
ME customizes workflows, organizes onboarding tasks, and facilitates communication between employees and managers. It joins Oracle Workforce Management, Oracle Talent Management, Oracle Global Human Services Cloud, and other such software in the Oracle Fusion Cloud Human Capital Management (HCM) suite.
As employee experience software, sometimes abbreviated EX, EE, or EXP, grows more popular, it makes sense a big player like Oracle would decide to join the fray.
Employee experience software streamlines HR software processes such as searching for company documentation and policy in disparate locations. It’s often driven by usability, helping employees navigate the HR tech stack more easily from onboarding to benefits administration to engagement to offboarding.
Oracle ME is not the first of its kind. A year prior, Microsoft announced its employee experience platform, Viva. The platform hasn’t lain dormant either. Most recently, it's added “Goals,” an objectives and key results (OKR) module designed to help organizations set better expectations for employees.
Oracle ME comes with the following modules:
Though employee experience software is relatively new, the ideas behind it are not. Organizations are rushing to address high turnover rates. Perhaps that’s why employee engagement software has an adoption rate of 70% among G2 reviewers as of June 2022.
Companies are prioritizing employee experience, which becomes evident in HR service delivery software, essential for providing services and interacting with employees. The top two questions G2 reviewers respond to most frequently relate to employee portal and self-service features, reflecting buyers’ desire for a user interface that lets them find answers efficiently.
So, what does all of this mean for the future of HR? Simply put, administrators, employees, and HR leaders alike are frustrated navigating complicated tech stacks.
HR analyst Josh Bersin, suggests it’s no longer possible or even preferable to try to find one magic solution to HR needs in this article.
“While the large HCM vendors have great systems, HR teams are always searching for the “next big thing” in AI-driven recruitment, career management, learning, wellbeing, or pay. We need an architecture that facilitates and supports this level of innovation, without constantly interrupting employees with “another tool to use.”
Specialized tools for employee engagement, onboarding, benefits management, or other core HR functions aren’t going anywhere. Instead, this shift signals it’s time to concentrate more on the user’s journeys and give them a guide so they don’t get lost.
| Related: Tech Giants Betting Big on Employee Experience → |
As employee experience platforms grow in popularity, it’s important to keep an eye on products like Oracle ME and Microsoft Viva. One thing’s for sure, the focus on user experience is here to stay.
Edited by Sinchana Mistry
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