Competitive nature of product market is leading to continuous innovation in HCM field. New releases are flooding the market even before we master the previous ones. We are into Oracle HCM R13 18B (Read that as Year 2018 and QTR2).
Oracle Fusion HCM enables the organisation to redefine human resource processes to provide and extract value from its people. It is built entirely around user roles, key business processes, and business-led configurability.
Users can do things their way with the power to mould and reshape the system to suit their liking. It also comes with extremely powerful embedded intelligence, social networking tools and mobile accessibility so people are not stuck at any time.
Part of Oracle’s Saas (Software as a Service) space, HCM is designed and built to coexist with customer’s existing applications portfolio.
Deployment Options -
Public Cloud - A public cloud is a cloud deployment built and managed by a Cloud Service Provider (CSP). Customers have limited visibility into the architecture of the service. Services are available to the general public and offered on a subscription basis. The services are hosted over the Internet by Oracle or Oracle business partners.
Private Cloud - A private cloud is a cloud deployment that is exclusive to one customer. The customer can define the cloud: the infrastructure, the security, the service offerings, the service level objectives. However, the private cloud can be entirely managed by a customer or customer can choose to have support for managing it.
Hybrid Cloud – A hybrid cloud consists of two or more deployment models. E.g. a hybrid cloud can contain both a public and private cloud and can easily segment data and transfer data between clouds as necessary. Customers can also choose to maintain their existing legacy applications on premise and buy products that are hosted in private or public cloud, or any combination of these options.
Oracle HCM Family –
Oracle HCM covers the following three primary business processes(Workforce Deployment column) breaking it further into sub processes to complete HCM product on whole.
Finally, The Oracle Cloud Terminology Trivia -
OFFERINGS Explained - It is a high-level grouping of Oracle Fusion Applications functionalities. It represents a set of one or more business processes and activities in the group. They are presented in an expandable and collapsible hierarchy to facilitate selection.
An offering can either be opted into or not opted into for implementation and are treated as primary drivers for functional setup of the applications.
Options available for selection.
Features available for selection under the chosen option.
Full lists of setup tasks.
Example of offerings from the image above -
For the Workforce Deployment offering, examples of Options are
Each offering with its selected option contain functional areas and it’s business processes known as FEATURES.
The first step in implementation is to configure the offerings from the Setup and Maintenance work area. Here are guiding steps to Offerings -
1. Click Navigator > My Enterprise > Offerings work area.
2. In the Offerings page, select or check the offerings.
Offerings enabled for your login will show the status as ENABLED or alternatively Opt In to Enable.
