It's that simple.
There was to be a meaningful alignment between employee's job responsibilities/aspirations and an organization's overall business objectives. And to address this very phenomenon, Oracle Human Capital Management (HCM) Cloud got an artificial intelligence-powered innovative reboot. The idea is to build stronger teams faster, reduce employee turnover and enhance the employee experience - ensuring long term resource empowered success.
If the two don't meet eye to eye, that will simply lead to higher attrition and escalating recruitment costs. The point is to evolve or invent experiences for employees, but this is a taxing activity for the HR Teams. This constant flux requires HR teams to innovate and adapt constantly. But how will the human HR Team understand the trends as and when they are happening, how will they be able to tap into the employee psyche to make changes on a real time basis?
This is where the integration with artificial intelligence and machine learning comes into play. AI simplifies the complex and delivers the best possible employee experience. Oracle HCM Cloud is a complete and powerful platform that spans the entire employee life cycle.
This helps increase employee engagement and satisfaction by enabling employees to quickly and easily get answers to common HR questions through an HR-trained bot.
It's about taking care of employees on the go. The platform provides a consistent experience - no matter where the job takes them - on their desktop, tablet or mobile phone. HR teams can restrict user access to HCM capabilities based on location to protect sensitive employee information.
Increase HR team's productivity by activating rule-based processes to automate contract management for union workers and collective labor agreements.
LinkedIn is the place to be for Recruitment. And Oracle HCM comes with automated sourcing, candidate search, referral recommendations and recruiter system connections.
Reduce recruitment cycle time and employee turnover rates by enabling recruitment teams to go beyond standard job profile match to consider factors like likelihood to accept, performance predictions and expected tenure.
Help lower the cost of regulatory compliance, prevent fraudulent payments and increase the separation of duties by leveraging machine learning to detect access anomalies and strengthen security and data privacy.
Proactively plan and optimize your workforce, assess talent and skills gaps, visualize predicted impact on headcount and cost and structure the organization to support the ever-accelerating pace of change in the business.
Enhance employee engagement and help employees hone their skills and build their personal brand by driving collaboration with peers and enabling mentor recommendations.
Increase employee satisfaction and HR productivity by creating employee experiences that align with company culture and enabling HR teams to configure, personalize and simplify HR processes without help from IT.
All this makes Oracle HCM a must have tool for Talent Success.