The value of unifying finance and HR
Cloud enterprise resource planning (ERP) and human capital management (HCM) applications are crucial for growing organizations to successfully manage the complexity of expanding their staff and operations. However, many organizations currently use a combination of best-of-breed solutions that satisfy their requirements according to individual mandates. This siloed approach can cause uninformed decisions and expensive errors because employees lack an end-to-end view of the business. By deploying ERP and HCM solutions on the same cloud platform, companies can facilitate collaboration through common data models, user interface, and connected best practices. Nucleus has observed that customers with joint ERP-HCM deployments realize higher ROI than companies that use individual approaches for enterprise applications.