Saturday, December 6, 2008

Release 12-HRMS Features

R12 will deliver a new user interface, which translates to a standard process flow, standard fonts, colors, and user-mofidiable skins, and consistent navigation across all product families. R12 will also use Oracle's 10g technology. New User Experience – Key Highlights
1. iRecruitment - Completely re-designed Candidate Registration
2. Absence Management - Updated business flows and entire look-and-feel
3. Salary Administration - Vastly improved UX for Salary Information, including high-interactivity embedded analytics
4. Competency Profile - Completely re-designed user experience
Release 12 HCM targeted to consist of:
•Family Pack (FP) J – March ‘05
•Family Pack (FP) K – July ‘05
•Family Pack K Rollup Pack 1 – May ‘06
•OTA.J + RUPs
•IRC.E + RUPs
•HXT.J + RUPs
•HRI.G
•AME.B
•ATG_PF.H + CU#2
Top 5 Reasons to Upgrade to Release 12
1.Supports HR Best Practices
2.Reduces Administrative Costs
3.Improves Productivity
4.Key New Features/Functions
5.Extended Maintenance & Support
The following are a selected number of 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 personalised. 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.
SLA - Sub Ledger Accounting : Subledger accounting is an intermediate step between the subledger 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.

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