What is the Future of Oracle Human Capital Management?

FEBRUARY 01, 2021 07:24 AM

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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.

Every company needs to improve employee engagement and adapt to a culture that keeps top talent happy and engaged, attracting more talented employees to 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 solutions, HR departments can enable streamlined employee self-service processes and deliver the right data source.

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 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.
HR must provide consumer-friendly, easy-to-use, self-service resources and collaborate with employees through social media to improve employee engagement.

What You Need to Know for HR Digital Transformation

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

A partner can improve delivery speed, efficiency, and quality 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.

Robots and machines are expected to take care of repetitive tasks. Oracle HCM Cloud provides customizations to provide a personalized user experience so the employees can access the platform from different devices.

FAQs

What key talent challenges are organizations facing, and how is HR expected to address them?
Organizations are increasingly seeking specific skills and talents, highlighting a gap between the importance of overcoming talent challenges and HR's preparedness. A crucial aspect is the need to improve employee engagement and foster a culture that attracts and retains top talent. This involves understanding what skills are needed, how to find employees with those skills, and how to turn employees into tomorrow's leaders.
How does Oracle HCM Cloud contribute to creating a unified HR solution?
Oracle HCM Cloud offers a comprehensive global presence with its product offerings, streamlining global payroll, diversity, and workforce management. It simplifies complex processes, optimizes employee performance through compensation management, and provides workforce analytics. Enabling streamlined employee self-service processes and delivering the right data source helps HR function in a unified manner across the organization.
How can Oracle HCM Cloud improve employee engagement?
Oracle HCM Cloud improves employee engagement by offering consumer-friendly, easy-to-use, self-service resources and facilitating collaboration through social media. These features create a more accessible and engaging experience for employees, encouraging them to be more involved in their work and the organization.
Why is it important to choose the right Oracle Cloud Partner for HR digital transformation?
Selecting the right Oracle Cloud Partner with deep expertise in HCM implementations is crucial for successful HR transformation and change enablement. A partner can improve delivery speed, efficiency, and quality while minimizing risk. They also reduce dependence on IT support and help HR teams fast-track their work from AI to automation to analytics powered by intelligence.
How does partnering with SMACT Works benefit organizations looking to implement Oracle HCM Cloud?
SMACT Works, as an Oracle Gold Partner Cloud Standard, ISO 9001, and 27001 certified delivery organization, offers end-to-end consulting, managed, and implementation services for Oracle Cloud Applications, including Oracle HCM Cloud. Partnering with SMACT Works ensures expertise and support throughout the transformation process, enabling organizations to manage their global workforce and improve employee productivity effectively.

Suppose you are to retain the best talent in the market and want to stay ahead of the competition with the right Oracle Cloud Partner. In that case, you can stay ahead of future HR trends and ensure that you create a winning culture, drive process efficiencies, and align your workforce to meet your business goals better. 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 their employee productivity and maximize the return on human capital.

Ready to get started? Contact us today to transform your HR operations!

About SMACT Works

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.