HRMS FUNCTIONAL AN INTRO

What is Oracle Human Resources?

 
Oracle Human Resources (HR) is a proactive management solution that helps control costs while developing and supporting an effective workforce. Among the many features of Oracle HR is the ability to:

 

Manage the entire recruitment cycle.

• Design organizational models that match current and future business strategies and objectives.
• Perform position management by defining and recording required skills, competencies, experience and qualifications for positions, jobs and organizations .
• Perform career management functions relating to the definition of competencies, assessments, suitability matching, graphical ranking and succession planning.
• Administer and maintain benefits plans, coverage levels and contribution allocations.
• Manage salary proposals and approve these by component.
• Use spreadsheets to export compensation and benefit details for comparison with external survey figures

 Oracle Human Resources provides the shortest route to fast, smart human resource management.

 

What is Oracle Payroll?

  

Oracle Payroll is a high–performance, rule based payroll management system designed to keep pace with changing enterprises and workforce needs.Payroll managers require a solution to address unique requirements and offer complex calculations without losing the benefits of a standard supported package. Oracle Payroll offers that capability via a unique,data driven approach that enables the definition and management of diverse payroll requirements.

 

Among its many capabilities, Oracle Payroll delivers the power to:

• Process many payrolls quickly and easily in a single day
• Define comprehensive personal payment methods
• Quickly create complex calculation rules such as union overtime without programming
• Efficiently check, double check and reconcile payrolls
• Make retroactive adjustments to past earnings or deductions
• Examine employee payment histories at any time
• Track and monitor employee costs via online access to payroll data
• Disburse in multiple currencies
• Transfer payroll information to the general ledger and to other accounting systems, including project costing systems
• Report on payroll results to the tax office and company executives
• Maintain full security and integrity of payroll information,including historical information
• Enable access to information when required for inquiries and responses to pay queries

 

Oracle Payroll enables fast, flexible and accurate payroll processing from time capture to ledger costing.

 

What is Oracle Advanced Benefits?

 

In addition to the powerful compensation and benefit functionality included in Oracle Human Resources, Oracle also offers Oracle Advanced Benefits. Oracle Advanced Benefits enables the setup and administration of a complete benefits offering for enterprises managing their own benefits administration.

 

Oracle Advanced Benefits delivers the following key functions:

 

Pre and post–enrollment communications

 

Web and interactive voice response (IVR) enrollment for cafeteria and exceptions

 

Default and mass enrollments

 

Enrollment process monitoring

 

Life event management (for example, new hires, transfers,relocations or age changes)

 

Web–based what–if eligibility analysis

 

Flexibility spending account claims processing and reporting

 

Oracle Advanced Benefits provides a total compensation framework,setting the stage for exciting and new compensation solutions.

 

What is Oracle Self–Service Human Resources (SSHR)

 

SSHR provides self–service human resource management for managers and employees. Using an intranet and a web browser employees and their managers now have easy to use and intuitive access to personal
data and career management functionality.Oracle Workflow is used extensively in SSHR. SSHR uses Workflow to  manage the flow of information between employees and management.The workflow engine is used for business process transactions and can route decision making through approval chains. For example, an employee may apply for a job using the Apply for a Job function and through a management approvals process be informed and accepted into a job.

 

The workflow engine is also used to modify and configure much of SSHR.Using SSHR you can:

 

• Manage careers:This includes appraising employee’s competencies, matching a person to a job or position by competence and planning succession.

• Perform web based recruitment using ’Candidate Offers’ Candidate offers enables you to perform web based recruitment. Managers can seek approval for an appointment then advise jobapplicants, by letter, that they have been successful. This functionis offered with its own responsibilities.racle Self–Service