#oow15: Oracle to power HR transformation through enhanced Oracle HCM cloud capabilities

Oracle is set to power Human Resource transformation through new enhanced capabilities in the Oracle Human Capital Management (HCM) Cloud. Oracle is set to power Human Resource transformation through new enhanced capabilities in the Oracle Human Capital Management (HCM) Cloud.

Oracle has more than 5,000 HCM cloud customers who are using Oracle HCM Cloud to help transform their companies’ HR operations to help their companies grow and be successful.

Based on input from customers, Oracle has unveiled new and improved capabilities in Oracle HCM Cloud across the entire product suite that are designed to support digital transformation, extend global and industry functionality, and provide deep product enhancements.

“Oracle HCM Cloud continues to deliver features and functionality to help HR leaders and their teams address challenges of the modern workforce and support digital transformation within HCM,” said Chris Leone, senior vice president, Oracle HCM Development. “We not only enjoy sharing them with our customers at Oracle OpenWorld, but we also take time there to talk to our customers, learn what they need to be successful, and hear their suggestions for future improvements to Oracle HCM Cloud.”

With this year’s key focus being using cloud to support Digital Transformation, Oracle HCM Cloud users will benefit from digital enablers such as personalization, recommendations, embedded multi-media options, and community engagement capabilities to support a digital transformation of HR.

New investments in Oracle Learning cloud expand beyond social learning to embed learning throughout enterprise. The addition of tutorials and compliance learning allow customers to support various types of learning at any point within the Oracle cloud suite.

Oracle has also improved the user experience throughout the entire Oracle HCM Cloud product suite, particularly in benefits self-service and a new work area for time management. Smart Navigation, a new, personalized method for navigating the application helps guide users to their most frequently used actions or recommended actions taken by others. And, users will find updated designs provide a consistent look and feel as they move between mobile and desktop.

Within Oracle HCM Cloud, updates will be planned across several functional areas:
Global Human Resources: Oracle is expecting to deliver a Global HR integration for customers who start their implementations with recruiting, simplifying high volume and complex recruiting scenarios. Oracle HCM Cloud also expects to offer support for ACA 2015 Compliance reporting along with audit reports and dashboards to support functionality.

Talent Management: A new recruiting integration with LinkedIn mobile adds more flexibility to help recruit ideal candidates to help a company grow. Sub competency support in profiles and succession organization charts help map talent and plan for future growth or attrition.

Workforce Rewards: Updates to Workforce Rewards include adding multiple components of pay, and predefined extracts to specific in-country third-party payrolls.

Workforce Management: Integration of timeclock and webclock, mass approvals for time management, and easier exception clearing enable quicker workforce management actions.