Oracle HRMS - Oracle Human Capital Management (HCM)

Oracle offers the global, integrated, based on Internet technologies solution HCM automating both all basic procedures of personnel records, and strategy processes of personnel management.

• Cut down expenses on placement of declarations of vacancies for 25%
• Cut down for 80 or more percent expenses on printing, copying and correspondence at the solution of all tasks connected with personnel administration (a source: CedarCrestone)
• Reduce costs for services of employment office for 15%
• Increase employees productivity, the declarations of vacancies which are engaged in workforce recruiting, for example, placement on the Internet portals, and reduce time which is required for finding of the suitable employee by 50% for 5-10% (a source: internal experience of Oracle)
• Reduce costs because of errors by preparation of the pay-sheets (overpayment / underpay) allowed because of outdated or inexact data on employees. (Source: (internal experience of Oracle, CedarCrestone)
• Reduce costs for processing of pay-sheets by the outsourcing companies for 10%. Reduce costs for printing, copying and sending checks for payroll for 100%. (Source: Talent Market Group, Saratoga, internal experience of Oracle)
• The number of the companies purchased by Oracle includes TempoSoft thanks to what functionality of the solution Oracle HCM was expanded that allowed the companies to optimize the working schedule and more precisely to predict work volume

According to the report of AMR published in BusinessWeek, the Oracle company possesses the greatest market share. According to data for the end of 2005, Oracle 25% of the market, and SAP - 23% belonged.

Oracle is the world leader in the field of HRMS, HCM solutions of which more than 12,500 clients, including 9 of 10 largest companies in the rating of Fortune of 500 and 75 largest companies in the rating of Fortune 100 use.

Global processes of HCM

• The integrated system based on Internet technologies
• An opportunity to work at global market, providing compliance to local requirements
• Providing a basis of the personnel management extending in process of growth of the company

Accounting of personnel, time recording

• The flexible configured interface for a time recording
• Integration into external devices of registration of time
• Control of actually worked time, its comparison with planned and modification of the working schedule
• The global flexible solution based on rules, allowing to calculate the general time of absence and the cumulative salary

Information on personnel all avtorizovannm to users

• Data access about personnel to authorized users
• Decrease in administrative expenses thanks to web access for employees
• Increase in satisfaction of workers thanks to creation of Uniform service of personnel

Personnel management

• The analysis of personnel potential for exact requirements planning in labor resources and heads in the future
• Attraction and deduction of the most suitable employees
• Optimization of a deposit of workers by providing a possibility of training to them in the most effective form
• The achievement of the organization by employees of the purposes supported by worthy payment and career development

Oracle HCM Cloud

Oracle HCM Cloud allows the organizations to manage personnel transactions (from selection of specialists and professional development of employees before exact forecasting of future needs for the personnel) and to focus on strategic initiatives of business thanks to simple cloud solutions in use.

The optimized solution for personnel management of Oracle HCM Cloud allows to develop comprehensive estimates — the interactive panel for personel assessment includes in Oracle Fusion Talent Review an opportunity to add a set of auxiliary elements and also to estimate groups or levels of competence is more complete, comparing specialists and working tasks.

With Oracle HCM Cloud of the company can now: more precisely to estimate efficiency of work, collecting external business data and comparing them to effective objectives and also providing to employees and managers an opportunity to see progress in achievement of goals; increase performance — closer integration allows the organizations to collect easily optional data for the major business processes, saving historical information; optimize global staff — the improved user interface for planning based on scenario analysis "that if" helps HR managers to distribute strategically personnel resources worldwide.

2015: The upgraded version of Oracle HCM Cloud

On August 13, 2015 the Oracle corporation announced entering of significant changes into the software solution Oracle Human Capital Management Cloud (Oracle HCM Cloud). According to developers, it will assist in the help to the organizations - to attract and hold the best specialists, to correspond to dynamics of global business.

Oracle HCM Cloud, 2015

Updating of Oracle HCM Cloud was a part of Oracle Applications Cloud Release 10 and is aimed at support of a tendency to globalization and digital transformation among employees. In this version of Oracle HCM Cloud applications for integration of work and private life work:

• Reputation Management,
• Employee Wellness,
• Competitions
• Career Development.

They expand possibilities of traditional HR-applications and enhance the involvement of workers, providing integration of processes, innovations and communities. For meeting requirements of a digital era the new version of Oracle HCM Cloud offers the improved user interface. It by means of the involvement of users increases, unifying this experience in relation to different devices and browsers, does daily transactions simple and effective.

In the appeared version of Oracle HCM Cloud an opportunity to use data on employees from a set of sources for receiving complete idea which on the scale of all company provides coordination of assessment and planning of personnel resources is offered. It is possible just to add such representations quickly and to mobile reports for the top management, using the user interface with the intuitive transactions "drag and drop".

Oracle Cloud Apps UX: Know your real users, 2015

Oracle HCM Cloud helps the organizations to increase efficiency of transactions. The mobile solution for efficiency evaluation gives to HR managers an opportunity quicker and more simply to provide a feedback to employees. Besides, the improved optimization appliances of personnel will help the world companies to simplify implementation of local processes. For example, the expanded calendar of holidays allows HR services to trace more effectively when offices are closed in the different countries in connection with national holidays. Expanded management tools the salary and industry functionality even more increase efficiency of transactions.