Propel Your Organization with Business Intelligence Tools
With growing technology, it has become easier for enterprises and organizations to carry out daily tasks effectively and efficiently through automation. HCM systems are solutions used by HR departments to ease their job, especially when it comes to employee administration and financial management.
One such solution is Oracle PeopleSoft HCM. This multifaceted HR software provides you with complete business and industry solutions for all your needs. It helps you create positions, place them on your organization’s hierarchy, put out requirements for these positions, assign job descriptions, and much more. Getting these tasks right adds tremendous value to your organization.
Features of Oracle PeopleSoft HCM that will help you manage your organization’s infrastructure
The features that make Oracle PeopleSoft HCM stand out are general usability, a comprehensive set of features, and scalability. Some of the features you will benefit from include:
Oracle PeopleSoft HCM helps you perform such tasks as:
- Capturing working times along with absences
- It predicts workload demand and labor
- It creates work schedules
- It ensures compliance with laws, rules, and regulations
- workforce management feature ensures productivity and efficiency within your team.
This feature helps track your employees’ life cycle and their relationship with your organization from the moment they join your team to the time they retire or resign. Every dealing you had with every employee can be tracked. You can generate PeopleSoft crystal reports as evidence of your dealings with an employee.
Human capital management
Through HCM Cloud, you can take advantage of real-time analytics, multinational support if your organization has locations in various countries, and self-service functionality.
When using Oracle PeopleSoft HCM, each position in your company is independent of the employees, whether it is occupied or not. This means that the HR department is aware of the exact number of vacancies so they can hire a specific number of people. Thus, you do not need to withdraw job offers, overhire, or go over the set budget as a result of additional personnel costs. The HR department will also be able to predict labor gaps, thus ensuring your company is adequately staffed. This is achieved through features such as HCM reports.
Oracle PeopleSoft HCM enables you to perceive each position as a post that represents a business need. Thus, it must be vetted and also budgeted before it is created. These tools make it easy to manage dynamic teams. They also aid in succession planning as you can generate a position roadmap that highlights the skills necessary to qualify for a certain post.
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Oracle Fusion HCM makes it possible for employees to work as a team while allowing you to know your people better. This makes it possible for workers to get their job done easier and faster. Get your organization invested and engaged with the future of your business and learn more about how DataTerrain reporting can help your company grow and prosper by contacting us here.