Human Capital Management (HCM) Best Practices/Business Process Training – at your fingertips

“People are our greatest asset” is often echoed throughout most modern corporations – and many would agree that from 2020 to 2022 when the global services economy almost came to a screeching halt and “the great resignation” was a prime topic discussed on social media and the nightly news, that it was time for many employers to reimage the ways to creating a better employment experience.

If there was a perfect time to reinvest in the streamlining of processes, improving hiring practices, revaluating employee retention, and analyzing employee satisfaction, that time is now.

Wage and labor costs account for 70.4% of employer costs in private sector and 68.8% in the public sector (US Bureau of Labor Statistics March 2022). With such a large amount of investment being poured in, we must ask ourselves – are we getting the best from our people, and if not, how can we improve our process to positively inspire employees – whether they’re just starting out, or retiring soon after decades of employment?

One solution is Oracle’s HCM Business Process Training, which teaches modern processes and new best practices for Core HR, Talent Management, Workforce Management, Payroll and Compensation – combined into one integrated solution, Oracle’s HCM Cloud.

Oracle HCM Cloud overview

Oracle’s HCM Cloud is a complete solution that connects every human resource process –from the time a new application arrives to their last day at the company.

It provides usability and insight-related best practices for organizations to compete and grow. Businesses can leverage modern innovative approaches such as intelligent touchless processing, embedded machine learning, real-time reporting, and a modern user experience to pivot to next-generation human resources quickly, cost effectively, and with reduced risk.

Oracle HCM Cloud’s main goal is to arm organizations with the best HCM software, allowing their employees to not only grow and thrive in their positions, but also equip them with the resources when process needs evolve and new technologies are developed.

At Oracle University, we strive to inspire organizations and individuals to learn best practices and build their cloud knowledge. Earlier this year, we launched Oracle HCM Business Process Training which is a course that aims to educate users on our best practice content covering key HCM Business Processes across the applicant, talent, employee, and reward lifecycles.

This course:

• Gives HR Implementers help in preparing for their upcoming HCM implementation by ensuring foundation understanding of end-to-end business process flows.

• Helps Implementers make effective decisions while planning and implementing Oracle Cloud Applications.

• Helps HR Professionals understand how HCM best practices “look” to improve overall collaboration and project planning with various business units or global partners.

• Inspire employees to learn HCM best practices to fuel their career growth by understanding new HR tech; for example, how to use machine learning for screening and prioritizing candidates for faster candidate selection.

HCM Business Process Training is available in Oracle MyLearn and is available for free as part of our Cloud Learning Subscription and Oracle Guided Learning solutions.