PeopleSoft Enterprise Human Capital Management (HCM) is the only enterprise-wide strategy for unlocking the full value of your organization's workforce. HCM enables you to put the right people in the right jobs, develop and reward top performers, retain key talent for the long term, and increase efficiency and operating performance throughout your organization.
Enterprise Human Capital Management is a family of applications in Oracle's PeopleSoft Enterprise product suite.
HCM Advantages PeopleSoft's Human Capital Management solution provides a tangible blueprint for transforming your HR operations. With PeopleSoft HCM, you can:
Streamline your HR systems, business processes, and technologies to reduce operational costs. PeopleSoft HCM provides a rapid return on investment—through reduced operational costs and increased efficiency—by connecting people to delivered business processes, automating common administrative tasks, and leveraging industry best practices.
Deploy employee and manager self-service to facilitate increased efficiencies, reduced costs, and a paperless environment. PeopleSoft Enterprise HCM self-service applications deploy secure, role-based information and transactions across your enterprise.
Align your workforce with corporate goals and objectives. Leverage your entire workforce to drive organizational performance through workforce analytics and organizational development applications that cultivate learning and manage performance.
PeopleSoft’s High-Performance Workforce Lifecycle When our customers asked for new strategies that could add value to traditional human resources management processes, we listened. Today, we continue to deliver on the promise of human capital management as a new way of doing business in which every employee drives business performance. PeopleSoft's HCM solution delivers on the four core HR business processes that can help you maximize the value you get from your workforce.
HCM: An Enterprise-wide Business Strategy Made Up of Four Business Process Solutions
Assess-Design-Develop To get the most out of their employees, companies must identify top talent for future planning and development, and ensure that employees understand and have the tools needed to execute upon organizational strategies. The Assess-Design-Develop business process encompasses workforce planning, workforce performance, and workforce development. Assess the skills of your workforce. Design learning and performance programs. Develop people in alignment with their career path and corporate objectives.
Optimize-Track-Monitor The Optimize-Track-Monitor business process enables organizations worldwide to optimize time collection, absence management, and payroll processing; track and analyze demographic and workforce information; and monitor compliance statutory reporting. This business process enables organizations to efficiently manage their workforces globally, maximize the value of their employees, and reduce operational costs.
Plan-Attract-Onboard Planning and attracting the right talent is the first step in executing a business strategy. Oracle's PeopleSoft Enterprise Plan-Attract-Onboard Business Process solution encompasses the entire employee recruitment process. Plan the workforce you need to carry out business objectives. Attract the right people to your organization. Make them productive as quickly as possible. Provide the tools new hires need to work efficiently from day one.
Plan-Incent-Reward Oracle's PeopleSoft Enterprise Plan-Incent-Reward Business Process solution offers a truly comprehensive and integrated compensation solution that maximizes efficiency, reduces costs, and increases workforce performance. From salary to pension and benefits to incentive management, organizations can not only plan their total reward strategies but also monitor and measure those strategies to determine their effectiveness in aligning the workforce with business objectives.
HCM Business Process Solutions and Product Modules
