Elements in Oracle Fusion HCM

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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

 

Conclusion:

Unogeeks is the No.1 Training Institute for Fusion HCM Training. Anyone Disagree? Please drop in a comment

You can check out our Oracle Fusion HCM Training details here Oracle Fusion HCM Training

You can check out our other latest blogs on Oracle Fusion HCM Training in this Oracle Fusion HCM Blogs

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