Case Study: Hearst transforms back-office operations with Oracle Cloud HCM

Hearst transforms back office in the cloud to support growth

Hearst, a major diversified media company, faced challenges due to its outdated and disconnected applications for finance and HR, which yielded inconsistent data and hampered its ability to support growth and change. To consolidate its operations, Hearst chose Oracle Cloud, specifically implementing a suite of integrated applications including Oracle Cloud ERP, Oracle Cloud EPM, Oracle Cloud HCM, and Oracle Cloud SCM.

The solution from Oracle provided an integrated platform that streamlined processes and delivered significant results. Oracle helped Hearst reduce over 15 unique charts of accounts to one, cut its number of job codes from 7,000 to 1,700, and improve financial reporting and HR productivity. The implementation also simplified audits and reduced employee attrition, providing the company with near real-time insights for better decision-making.

Hearst

David Hovstadius

Senior Vice President of Finance Operations