Human Capital Management (HCM) Cloud is a cloud-based software solution that enables organizations to manage and automate their human resource processes. It is a part of the Oracle Cloud Suite, a set of enterprise applications that are designed to run on the cloud. Here are some of the key features of HCM Cloud: Global Human Resources (GHR): Allows organizations to manage and maintain employee information, including personal information, job information, and compensation. Recruiting: Helps organizations manage and streamline the recruitment process, including creating and managing job requisitions, candidate sourcing, and onboarding. Workforce Management: Allows organizations to manage employee time and attendance, including tracking and approving time off, managing schedules, and generating reports. Compensation: Helps organizations manage and administer employee compensation, including creating and managing salary plans, managing bonuses and incentives, and generating reports. Performance and Goals: Allows organizations to manage and evaluate employee performance, including creating and managing performance evaluations, setting and tracking goals, and generating reports. Learning: Helps organizations manage and administer employee training, including creating and managing courses, tracking completion, and generating reports. Reporting and Analytics: Provides organizations with a variety of reporting and analytics tools to generate reports and analyze data, including creating and managing dashboards, running ad-hoc reports, and creating data visualizations. Mobile Access: Allows employees to access their HCM information from any device, anywhere, at any time. Self-Service: Enables employees to access their personal information, request time off, and perform other HR-related tasks on their own, reducing the workload on HR departments. Security and Data Governance: Provides robust security features and data governance capabilities to help organizations meet compliance requirements and protect sensitive data. HCM Cloud is designed to be flexible and scalable, making it suitable for organizations of all sizes and industries. It can be integrated with other Oracle Cloud applications, such as Financials, Supply Chain, and Customer Experience, to provide a comprehensive enterprise resource planning (ERP) solution.
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