This document provides an overview of human capital management (HCM) software. It describes the core components of HCM including recruitment, learning management, performance management, self-service HR, and payroll. HCM is a part of enterprise resource planning that deals with employee records to provide managers with data to make decisions. It streamlines HR processes and provides a framework for benefits administration.
3. Human capital management (HCM) is an approach to
employee staffing.
It perceives people as assets (human capital) whose current
value can be measured
Future value can be enhanced through investment.
Managers are responsible for rating, rewarding, and holding
Employees accountable for achieving specific business goals,
creating innovation and supporting continuous
improvement.
Human Capital Management
4. HCM is the part of enterprise resource planning (ERP) that
deals with employee records.
The records provide managers with the information they
need to make decisions that are based on data.
Minimizes hard costs.
HCM software streamlines and automates many of the day-
to-day record-keeping processes.
Provides a framework for HR staff to manage benefits
administration.
Benefits of Human Capital Management
6. Manage business systems globally with a common data model and
multi-national data formats.
Drive compliant business processes through integrated processes
and rules-based engines.
Deploy country-specific capabilities with delivered local extensions
Embassy-grade data security
Core HR
7. Oracle I Recruitment is a full-cycle recruiting solution that
gives managers, recruiters and candidates the ability to
manage every phase of finding, recruiting, hiring, and
tracking new employees
I Recruitment
9. Oracle Learning Management (OLM) is the best way for Oracle
E-Business Suite customers to:
Improve workforce performance
Ensure partner channel sales and service readiness
Increase revenue through training product sales to
customers
Learning Management
10. Oracle Performance Management (OPM) provides an integrated
set of performance management functions. Using Oracle
Performance Management, enterprises can:
Define objectives and track them throughout the year.
Align individual objectives with those of the enterprise
Evaluate an individual's competencies and progress on
objectives at a point in time.
Enable feedback on an individual's performance by multiple
participants.
Performance Management
11. Oracle Self-Service Human Resources (HR) allows workforce
to update and use employee-specific information, online via
a browser, that is personalized to an individual's role,
experience, work content, language, and information needs.
Oracle Self-Service HR is part of Oracle Human Resources
Management family of applications, and integrates
seamlessly with other Human Resources applications.
Self-Service Human Resources
12. Payroll Management is a fundamental business requirement
demanding compliant and accurate financial controls in a
timely manner. The benefits of Payroll are:
Flexible Eligibility Rules
Simplify Management of Processing Rules
Manage Global Payroll Activities
Processing Efficiencies
Monitor Performance and Security
Payroll