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Oracle Fusion HCM Cloud Service

Product
The name of the base system (platform): Oracle Public Cloud
Developers: Oracle
Last Release Date: October, 2011
Technology: HRM,  SaaS - Software as service

The Oracle corporation announced at the Oracle OpenWorld conference in October, 2011 in San Francisco business applications for personnel management of Oracle Fusion HCM and professional development of employees of Oracle Fusion Talent Management who are delivered in the public environment of cloud computing.

Being a part of set of the integrated Oracle Public Cloud services, the corporate applications on personnel management (HCM) delivered in the environment of cloud computing offer customers all advantages of the SaaS model ("the software as service") without any limit, inherent niche solutions SaaS. New services of cloud computing give functionality of the advanced business applications of Oracle on the basis of simple and convenient model of a subscription without the need for acquisition of hardware or technical support of software, says Oracle.

So, Oracle Fusion HCM Cloud Service allows to realize fully the potential of employees using opportunities of forecasting, approval, cooperation and effective management. Unlike niche solutions SaaS, Oracle Fusion HCM contains the built-in functions of management, compensation and support of observance of legislative arrangements.

Services of cloud computing Oracle are constructed on technologies of Oracle and support different models of deployment at choice of the customer: in the public or private environment of cloud computing or directly at the enterprise. The organizations can begin with one module and over time add functionality of a full range of business applications.

Oracle Fusion HCM Cloud Service provides a full range of functionality of personnel management, including key business processes, functions of payroll calculation and management of compensation payments that allows the organizations: manage, trace and analyze information, tasks and the purposes of employees using dashboards with context-dependent content; create and support base in which it is possible to see a complete profile of each employee and convenient links for communication with it; coordinate procedures of management of employees to processes of their acceptance and dismissal.