However, Oracle intends to use heavy discounting to win deals, with the potential price breaks growing with the relative size of the company, according to other parts of the document.

For example, a company with fewer than 2,500 employees could be entitled to a "HCM SaaS Base Discount" of 20 percent, while one with between 25,000 and 34,999 could get up to 52 percent off, according to the document. Companies with more than 150,000 workers may be entitled to a 64 percent discount.

Oracle's lineup all told is comprehensive and should be competitive against the likes of SAP as well as more specialized HR vendors, Hamerman said.

Workforce management, which covers areas such as time-and-attendance tracking, "is the only glaring hole right now," he added. It "might make a lot of sense" for Oracle to fill this gap with another acquisition, perhaps of Kronos, Hamerman said.

Oracle may reveal more or updated specifics about its HCM strategy during a "Tweet chat" Twitter event