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What is the Future of Oracle Human Capital Management?

FEBRUARY 01, 2021 07:24 AM

As technology evolves, most organizations are looking for specific talents and need assistance in understanding what areas they need to hire, how to find the right skilled employees and how to make the potential employee become tomorrow's leader; there is an evident gap between the importance of overcoming specific talent challenges and how prepared HR is to overcome these challenges.

In today's world, every company needs to improve employee engagement and adapt to a culture that keeps top talent happy and engaged, which in turn attracts more talented employees towards your organization.

A modern HR platform should be able to manage both talent and workforce through personalized processes; this can only be achieved when the HR function operates in a unified fashion across the organization. Through cloud solution, HR departments can enable streamlined employee self-service processes and deliver the right source of data.

How Oracle Human Capital Management (HCM) Cloud Helps Attain a Unified Solution:

  • Oracle HCM Cloud has an extensive global presence in product offerings and streamlines the global payroll, diversity and workforce management.
  • Oracle HCM Cloud has simplified the interface to manage these complex processes more effectively while optimizing employee performance through compensation management and workforce analytics.
  • To improve employee engagement, HR must provide consumer-friendly, easy-to use, self-service resources and collaborate with employees through social media.

Oracle HCM Cloud Capabilities: Global HR Cloud, Talent Management, Workforce Rewards & Management Cloud & Worklife Solutions
What You Need to Know for HR Digital Transformation

Identify the right Oracle Cloud Partner who has a deep expertise in HCM implementations and can support your HR transformation and change enablement needs.

A partner can improve the speed, efficiency and quality of delivery, while minimizing risk; additionally, they do not depend heavily on IT support. HR teams can fast-track their work from AI to automation to analytics powered by intelligence.

Repetitive tasks are expected to be taken care of by robots and machines. Oracle HCM Cloud provides customizations to provide a personalized user experience so the employees can access the platform from different devices.

Conclusion:

If you are to retain the best talent in the market and want to stay ahead of the competition, with the right Oracle Cloud Partner, you can stay ahead of future HR trends and ensure that you are creating a winning culture, driving process efficiencies and aligning your workforce to better meet your business goals. By incorporating Oracle HCM Cloud, it has become easier for companies to effectively manage a global workforce that empowers them to do their best work while helping the HR team improve productivity of their employees and maximize the return on human capital.

SMACT Works is a technology-focused systems integrator and IT/ERP consulting firm. We deliver end-to-end consulting, managed, and implementation services for Oracle Cloud Applications, IaaS & PaaS, On-Premise PeopleSoft & EBS Applications. Headquartered in Dublin, OH, we have a global presence with North America and Asia offices. We are an Oracle Gold Partner Cloud Standard, ISO 9001, and 27001 certified delivery organization serving customers with Excellence and Integrity.