In a worldwide marketplace, organizations must stand by the local regulations and customs for every country in which they have human resource employees. By supporting the unique and varied requirements of end users from countries across the globe on a single platform, Oracle Human Capital Management enforces consistent Human Resource policies, report business metrics from a source of truth, and provides a global engine for the worldwide Human Resource management. Additionally, embassy rating security ensures information remains private throughout the system and remains in compliance with local privacy regulations.
The Overview of the E-business suite global core human capital management includes:
Graphical, Rules-Based Payroll System: Define and maintain diverse payroll requirements that reflect your firm's policies, View full history of payroll results, maintain every aspect of employee compensation, including salary, pensions, union deductions, health insurance, company cars, and over time, and Provide payroll reports based on employees language and currency.
The Overview of the E-business suite global core human capital management includes:
- Maintain business systems across the globe with a common data model and multi-national data formats
- Drive compliant business systems through integrated processes and rule-based engines
- Organize country-specific capabilities with distributed local extensions
- Embassy graded data security
- The features and benefits of global core human capital management consists as follows
- Single, Global Repository of Employee Data: Support your workforce to the corporate objectives, Gain a single source of truth for global employee data, and Manage the talent worldwide, while addressing local country requirements.
- Flexible Workflow Capabilities: Streamline employment, hiring, budgeting, performance, compensation, skills, termination, collective agreements, and much more, Gain efficiency while improving workforce productivity, Lower administrative costs, and errors, and Manage rule-based budget.
- Advanced Reporting Features: Improve Human Resource decision making, Increase compliance, and Consolidate data around the countries or lines of business.
- Integrated Configuration Management Toolset for Human Resource Systems: Reduce your cost of ownership, Lower implementation risk, cost, and time, Simplify data conversion with common desktop tools, Enable quick, repeatable, and reliable configuration, and Manage configuration changes as you need.
Graphical, Rules-Based Payroll System: Define and maintain diverse payroll requirements that reflect your firm's policies, View full history of payroll results, maintain every aspect of employee compensation, including salary, pensions, union deductions, health insurance, company cars, and over time, and Provide payroll reports based on employees language and currency.