Oracle is Exemplary and a Leader in TCM Value Index

We are happy to share some insights about Oracle drawn from our latest Value Index research, Ventana Research Value Index: Total Compensation Management, which assesses how well vendors’ offerings meet buyers’ requirements.

In all of our Value Indexes we utilize a structured research methodology that includes evaluation categories designed to reflect real-world criteria incorporated in a request for proposal (RFP) and vendor selection process for total compensation management. We evaluated Oracle and 13 other vendors in seven categories, five relevant to the product (adaptability, capability, manageability, reliability and usability) and two related to the vendor (TCO/ROI and vendor validation). To arrive at the Value Index rating for a given vendor, we weighted each category to reflect its relative importance in an RFP process, with the weightings based on our experience and on data derived from our benchmark research on total compensation management.

Oracle’s unique value lies in the ability to use the total compensation management system independently or with its HCM suite of applications. Oracle was categorized as an Exemplary Vendor, ranking first overall in this Value Index evaluation. It ranked first in Product Experience where it was designated a Value Index Leader in all five categories. It also ranked first in Customer Experience and was a Value Index Leader in TCO/ROI and Validation. Its overall performance was held by its highest ranking in Reliability.

Our assessment finds that Oracle, even with its overall Value Index Leader status, could slightly improve its performance in Adaptability, where it ranked third, by addressing adaptability and the process integration with applications beyond its own that may be used in an organization. Oracle can also improve the information and tools it provides on its investment in TCO/ROI and cost structure for adoption and deployment of its application.

This assessment was based on Oracle Fusion Cloud Compensation 23A and was available in January of 2023.

Oracle, like all compensation management vendors, should ensure they continue to focus on capabilities beyond the core that will only continue to increase in their importance to buyers, like prescriptive analytics, proactive pay equity management, and creative and personalized compensation plans that are becoming increasingly more complex.

This research-based index is the most comprehensive assessment of the value of total compensation management software in the industry. Technology buyers can learn more about how to use our Value Index by clicking here and included vendors that wish to learn more can click here. Read the report here.