To enable organizations to thrive in a competitive digital marketplace, Oracle and the MIT Technology Review—an independent media company founded at the Massachusetts Institute of Technology (MIT) in 1899—has released a new study that highlights the importance of collaboration between finance and human resources (HR) teams with a unified cloud.
Technology advances as it matures. Before Enterprise Resource Planning (ERP) platforms, there were hundreds of start-ups solving supply chain problems. Before comprehensive financial software, there were accounts payable, receivable, and bookkeeping packages. Eventually they merged into the platforms we know today.
by Emily Liddle, HR strategy and transformation lead, North America, Presence of IT
Rolling out new systems and software was traditionally IT’s job. Moving to the cloud changes all of that. The cloud is disruptive and fundamentally changes the relationship between IT, HR, and finance and administration. Suddenly, the new system is HR’s responsibility. It’s new territory, and one full of pitfalls.