HR and Finance Transformation on Oracle Cloud: A 20-Week Success Story

Client

Diversified Investment Conglomerate

The client is a leading investment group headquartered in EMEA (Europe, the Middle East, and Africa) that engaged Hexaware for a comprehensive HR and finance transformation. Leveraging Oracle Cloud, this SaaS transformation unified their global operations across investment management, real estate, oil & gas, healthcare, facilities management, and IT.

Challenge

Fragmented Processes Undermine Agility and Compliance

Facing exponential growth, the organization struggled with:

• Siloed HR & Finance: Core payroll and financial data trapped in local file systems.
• Manual, Slow Workflows: Disparate payroll norms and manual approvals created bottlenecks.
• Poor Visibility & Control: Inconsistent employee data and opaque budget tracking hindered decision-making.
• Compliance Risk: Accounting processes were not aligned with GAAP standards, exposing the business to audit and regulatory challenges.

Solution

Rapid Deployment of an Integrated Oracle Cloud Platform

Hexaware delivered a turnkey SaaS transformation in just 20 weeks by:

1. Deploying Oracle Cloud Modules: Implemented HCM, Payroll, and Finance & Accounting across all legal entities.
2. Seamless Integration: Engineered a unified data flow between Fusion HCM, Cloud Payroll, and Cloud Financials, eliminating manual hand-offs and enhancing financial process automation.
3. Global Template & Automation: Adopted a single-instance global template for harmonized processes, leveraging FBDI, ADFDI, Hyperion FRS, OBIEE, and SmartView to minimize maintenance.
4. Self-Service & Analytics: Embedded intuitive employee self-service features and 360° workforce analytics for real-time insights, powered by cloud-based HR solutions.

Benefits

Quantifiable Efficiency Gains and Strategic Control

• 40% reduction in payroll-processing efforts through automated workflows and advanced payroll automation.
• 56% decrease in administrative HR workload via online absence management and personalized notifications.
• 63% faster month-end financial close with automated reconciliation and streamlined reporting, showcasing enhanced financial process automation.
• 40% cost savings by retiring four legacy applications and consolidating onto a single global system.
• 24× accelerated approval cycles thanks to real-time dashboards and automated alerts.
• Full compliance with GAAP, mitigating audit risk and strengthening governance.

Summary

A Blueprint for Scalable, Compliant Digital Transformation

By unifying HR and finance on Oracle Cloud, the client now operates with end-to-end transparency, streamlined workflows, and actionable analytics—all delivered on a global platform in under six months. This HR and finance transformation not only drives immediate cost and time savings but also establishes a scalable foundation for future growth and compliance across the enterprise.