Elements in Oracle Fusion HCM


Elements in Oracle Fusion HCM

Oracle Fusion Human Capital Management (HCM) is a comprehensive suite of tools designed to manage and optimize the human resources processes of an organization. Here are some of the key elements/components within Oracle Fusion HCM:

  1. Global Human Resources: This module focuses on managing employee information, setting up company structures, managing workforce predictions, and other HR foundational tasks.

  2. Workforce Modeling: Allows HR teams to plan and model potential changes in the organization, such as reorganizations or mergers.

  3. Talent Management: This encompasses a range of functions, including:

    • Performance Management: Manage and assess employee performance.
    • Goal Management: Set, track, and manage employee goals.
    • Talent Review and Succession Planning: Identify and nurture future leaders.
  4. Recruiting: This includes:

    • Taleo Recruiting: A tool for attracting, recruiting, and onboarding new talent.
    • Candidate Experience: Tools to improve the experience of job seekers interacting with your organization.
  5. Learning Management: Offers tools for training and development, including e-learning and classroom training functionalities.

  6. Payroll: This module is used for processing and managing employee payroll. It supports both global and local payroll requirements.

  7. Benefits: Helps in administering and managing employee benefits, including health insurance, retirement plans, and more.

  8. Time and Labor: A tool for managing, tracking, and reporting employee work hours, overtime, and absences.

  9. Social HCM: Encourages collaboration, networking, and knowledge sharing among employees.

  10. Workforce Predictions: Uses analytics to predict workforce trends, potential attrition, and other HR-related metrics.

  11. Workforce Compensation: Allows organizations to manage employee compensation, bonuses, and other incentives.

  12. Absence Management: Helps in tracking and managing employee leaves, including vacation, sick leaves, and other types of absences.


Oracle Fusion HCM Training Demo Day 1 Video:

You can find more information about Oracle Fusion HCM Cloud application in this Oracle HCM Cloud Docs Link



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