The Feature

New Features in Oracle HRMS Release 12

December 15, 2006 on 9:11 pm | by Marian Crkon | In Oracle Press | |  Print |  Email

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remain at the sole discretion of Oracle. For more information, refer to the Metalink Note: 400061.1.

R12 will deliver a new user interface, which translates to a standard process flow, standard fonts, colors, and user-modifiable skins, and consistent navigation across all product families. R12 will also use Oracle’s 10g technology.

New User Experience

• iRecruitment - Completely re-designed Candidate Registration
• Absence Management - Updated business flows and entire look-and-feel
• Salary Administration - Vastly improved UX for Salary Information, including high-interactivity embedded analytics
• Competency Profile - Completely re-designed user experience

Oracle’s Top 5 Reasons to Upgrade to Release 12

• Supports HR Best Practices
• Reduces Administrative Costs
• Improves Productivity
• Key New Features/Functions
• Extended Maintenance & Support

The following are few selected new features that are planned for HCM in R12.

Checklists

Some HR actions, such as employee hiring, transfer, or termination, require the completion of standard tasks, such as printing contracts, reassigning resources, and creating users. The checklist functionality in Oracle HRMS enables you to link the HR action to a life event and generate ‘to do’ lists or checklists when the life event is initiated.

Global Deployment

This has been a long-awaited feature. Oracle HRMS Global Deployments function controls the temporary or permanent transfer of an employee to a different business group by means of a deployment proposal. In the case of secondments, which is a temporary transfer from the home business group to the host business group, at the end of which the employee will return to the Home business group, the employee in the home BG is not terminated and he/she will continue to be an employee.

Workforce Performance Management

Combines objective setting and appraisal processes into a manageable plan to track. Allowing consistency enforcement via corporate objectives and eligibility criteria, tracking objectives with copying and duplicating objectives for multiple appraisals during a period.

Salary Administration

New UI with the ability to delete, allows for gaps, end dating, retroactive and future changes in salary proposals.Display current grade and step on assignment with FTE on salary proposal. Viewing salary history of terminated employees.

Compensation Workbench

Manage budget awards across multiple currencies, business groups and compensation types in a single worksheet with a new task oriented interface with worksheet that can be personalized. Integration points between Oracle Incentive Compensation and Compensation Workbench are established so that target amounts, actual amounts, and commissions can be displayed on the worksheet. You now have the ability to change a manager’s location, organization, and supervisor within Compensation Workbench.

Sub-Ledger Accounting (SLA)

Sub-ledger accounting is an intermediate step between the sub-ledger product (e.g., Payroll) and the Oracle General Ledger. It allows multiple accounting representations for a single business event, resolving conflicts between corporate and local fiscal accounting requirements. It retains the most granular level of details in the Subledger accounting model, with different summarization options in the General Ledger, allowing full audit ability and reconciliation.

Applications Unlimited For Oracle E-Business Suite

Oracle’s plan to continue providing ongoing enhancements to current Oracle applications beyond the delivery of Oracle Fusion Applications