Oracle Fusion HCM Works For Your Community
A decade ago, few would have predicted the profound impact of technology in the current business environment. To match the rapid tech disruption companies are consistently investing in emerging technologies such as machine learning, artificial intelligence and IoT (Internet of Things). HCM in the cloud is also revolutionizing human resource management, helping businesses make quick and more efficient decisions for maximum productivity.
Here’s how HCM has strengthened community service programs:
1. Overseeing public service employees has become easier
While recruiting is necessary when it comes to community service programs, ensuring staff retention by nurturing an environment where they can grow is more cost-effective. Through Oracle Fusion HCM, public sectors can plot their worker’s development plan. This could include monitoring their performance, noting areas where each employee needs to improve on and carrying out regular appraisals.
Case in point is Memphis city which after the implementation of Oracle HCM, the attrition among their police workforce reduced by 25%. This success was attributed to retention bonuses, training opportunities, improved compensation, employee appreciation events, and other benefits.
2. Availability of real-time data
Availability of real-time data through HCM fusion reports has made it easy for employers to make vital decisions. Real-time data has relieved most sectors of the need to have paper-based systems which make it difficult to extract information.
HCM in the cloud enables employers to perform audit trails by monitoring when and who made any changes. The periodical reports give the HR insights which help in scheduling or monitoring employee training.
3. Data management is easier and secure
In conventional setups, sensitive employee data was stored in filing cabinets in the human resource manager’s office. This gave even unauthorized persons access to this data. Through HCM in the cloud, security features such as data encryption, user authentication, and user authorization help keep sensitive data secure. Public sectors that have adopted this technology do not have to worry about such info being destroyed by catastrophes such as floods or fires.
4. Improving productivity
HCM allows users to develop checklists, schedule tasks, and monitor them so that they are completed on time. Mundane and time-consuming tasks such as expense logging and approvals, recording of employee leaves, holiday approvals, training monitoring, among others are eliminated. This makes the HR department more productive, and efficient irrespective of the number of workers it handles.
Contact the Team at DataTerrain for More HCM Information
In a nutshell, HCM in the cloud has helped streamline challenges within the HR departments of most public sectors. Its key benefit is that it has made managing the workforce a lot easier. Still have questions? Contact the experts at DataTerrain to learn how business intelligence reporting conversion and migration services can impact your bottom-line.