taleo – cloud-based recruiting solution for peoplesoft
TRANSCRIPT
This paper presents Cognizant’s point of view on some of the key benefits and learnings from a Taleo system, based on rich implementation experience. Implementing Oracle Taleo in co-existence model with Peoplesoft.
Overview
Taleo is one of the leading recruiting solutions which is being used by more than 50% of the Fortune 500 companies and it is one of the most widely used Cloud-based recruiting solutions in the market.
Most global organizations which use multiple recruiting solutions based on geography/location, and support multiple languages are looking for tightly coupled uniform recruiting solutions. Taleo, with its multi – language capability makes it one of the most efficient and most sought after recruiting solutions for organizations with a global footprint.
As Taleo is a cloud-based solution, any organization that wishes to move their PeopleSoft system to Oracle HCM Cloud can do so seamlessly
Executive Summary
One of the key challenges most organizations face today is finding the right talent for the right job. Recruiting is one of the key processes in an organization which helps in identifying suitable talent for the right job. Organizations, in order to attract the best talents often tend to use multiple recruiting systems in order to efficiently spot the right fit.
The greatest assets of an organization is its talent and recruiting systems plays a major role in sourcing them. Cloud-based Oracle Taleo Recruiting system is one of the most efficient and highly configurable systems that tightly integrates with Peoplesoft.
Organizations with single or multiple recruiting systems can migrate to the unified Cloud-based Taleo system to reap the benefits of an efficient sourcing, recruiting and onboarding system.
Taleo’s rich configurable web-based candidate experience integrated with the best in class Peoplesoft HCM system forms a complete HCM solution for Hiring, Rewarding and Retaining the best talent.
Taleo – Cloud-based Recruiting Solution forPeopleSoft
• Cognizant Solution Overview
solution overview February 2016|
A complete recruiting solution that helps organizationssource, recruit and on-board efficient talent workforce
by using the Oracle delivered Taleo – HCM Cloud integration. This avoids the risk of data migration and any impact due to Cloud-based migration of HCM system.
Unified Recruiting Solution – A Case Study
One of Cognizant’s customers was using an unsupported version of PeopleSoft and had two recruiting solutions namely, Kenexa and Peoplesoft Recruiting. The two recruiting solutions left the customer with the following business challenges to cope with:
Lack of unified recruiting business process and reporting
Cumbersome recruiting business practices for lines of business
Loose control over recruiting compliance with state and government regulations
Cognizant Point of View
The customer sought Cognizant’s help to enable them to perform a Business Process Re-engineering exercise to move to a unified Talent Acquisition system. Cognizant with its vast experience proposed the following strategy/ solution
Implement Taleo as a single unified sourcing platform by merging Kenexa and Peoplesoft Recruiting
Standardize the existing business process for both corporate and various Lines of Business of the Customer
Key Benefits for Business
Implementing Taleo as a unified sourcing platform provided the customer with the following benefits
S t a n d a r d i z e d B u s i n e s s P r o c e s s b y consolidating corporate and lines of business talent acquisition, which provided a uniform single Business Process that enhanced user experience and made recruiting easy.
Provided business the ability to differentiate candidate selection workflows where they needed to meet unique line of business recruiting requirements.
Implemented single sign on to reduce burden on employees while applying for internal job postings.
Automated job distribution to customer selected job boards which improved efficiency for Hiring Managers.
Enabled business with a consolidated reporting platform which improved compliance with state and government regulations.
Single, unified system provides the ability to have more efficient control over recruiting process.
Unified Taleo System helped the business to become more proactive with hiring, based on demand /supply.
Taleo provided the business with the best in class analytics that helps make better decisions during hiring.
Key benefits of moving to Taleo from other recruiting solutions:
Comparison between each product is based on feature robustness and maturity. High capability is in line with industry leaders. Medium capability represents average robustness based on current competitors. Low capability represents minimal support or support provided through third-party add-ons.
solution overview 2
Conclusion
Talent Management is the fastest growing business function in the HR automation space. When organizations seek to implement a cutting edge recruiting solution, Taleo offers to be a leading option. Its strength not only comes from the fact that it is a best-in-class recruiting solution but also that the level of configurability, flexibility and functional offering allows it to adapt to
multiple business processes, legacy systems and practices simultaneously. Disparate recruiting systems, processes and practices can be consolidated into one single, seamless Taleo system with some process transformation and significant product advantage that come with the Taleo recruiting system.
solution overview 3
Feature Capability Comparison
Feature PeopleSoft 9.1 Taleo Enterprise 12.x
Workforce Planning
Requisition Management
Requisition Approval
Job Posting Integration
Career Portals (External & Internal)
Keyword Search (Candidate and Job)
Conceptual Search
Referral Support
Social Sourcing
Candidate Self Service
Staffing Agency Portal
Workflow Support
Knock Out Questions
Candidate Assessments
Interview Management
Correspondence Tracking & Management
Background Check / Screening
Offer Letter Processing
Onboarding (Pre & Post Hire)
LowMediumHigh
About Cognizant
Cognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 100 development and delivery centers worldwide and approximately 221,700 employees as of December 31, 2015, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world. Visit us online at or www.cognizant.com follow us on Twitter: Cognizant.
About the Author
Vikash Pattnaik is a Senior Manager with the Oracle Solutions Practice at Cognizant Technology Solutions US Corp. and has more than 11 years of experience in the HCM consulting space. He specializes in large scale implementations and HR transformation projects. Vikash provides process and business function consulting for Oracle HR products. He has a HR Management specialization and a degree in Engineering. He can be reached at [email protected]
Vijayakumar is a seasoned HCM Consultant with the Oracle Solutions Practice at Cognizant Technology Solutions US Corp. He specializes in HR transformation projects and can be reached at [email protected]
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