Case Study: Verisk unifies HR data and improves employee experience with Oracle Fusion Cloud HCM

Verisk unifies HR data and capabilities with Oracle Fusion Cloud HCM

Verisk, a strategic data analytics and technology company serving the global insurance industry, was using a decades-old on-premises PeopleSoft system for core HR along with separate applications for recruiting, compensation, learning, time, and absence. This left employee and manager processes fragmented, created inefficiencies for HR, and made it harder to provide a consistent experience. Verisk turned to Oracle Cloud HCM to unify its HR capabilities and support a more self-service, scalable approach.

Oracle Cloud HCM replaced multiple legacy systems with one platform covering recruitment, learning, expenses, time and labor, absence management, payroll, and compensation. Verisk went live quickly, running its first payroll in six days and its first compensation cycle in about three weeks. With Oracle Cloud HCM, the company gained better visibility into employee data, improved compensation transparency, reduced routine HR support needs through self-service, and freed HR teams to focus on more strategic work and career development initiatives.

Verisk

Charles Morgan

Vice President of Finance and HR Transformation