To help organizations keep up with the evolving expectations of the global talent economy, Oracle recently announced new innovations to Oracle Human Capital Management (HCM) Cloud. The latest innovations make work simpler, smarter and more agile by helping organizations create personalized and on-the-go experiences for every user, from candidates and recruiters to HR professionals, managers, and employees.
“By 2021, only half of the organizations will have embraced digital technology to transform their business to be more intelligent and automated, and this is something we’re seeing prominently in HR,” said Mark Smith, CEO and chief research officer, Ventana Research. “Oracle is helping HR professionals stay ahead of this curve. Its investments in innovations, such as mobile responsive design and digital assistants, are unique in the industry and will help its customers stay at the forefront of the market and achieve long-term success.”
Employers are now facing higher candidate and employee expectations than ever before. Today’s workers are looking for instant access, highly personalized content, and easy-to-use systems whenever and wherever they are. These demands are forcing HR professionals to rethink the way they approach the entire workplace experience. To address this challenge head-on, the latest updates to Oracle HCM Cloud provide the tools organizations need to reimagine how HR services are delivered, simplify complex processing, and build a team of the best talent.
Employee and Manager Experience: New chatbot and self-service capabilities deliver mobile access to frequently requested information to save time, enhance accessibility, and improve the employee experience.
Recruiting Experience: New features enable candidate-centric recruiting, which is a completely different approach to traditional recruiting. It reimagines the candidate experience to help attract, engage, and hire the best talent.
HR Experience: New workforce planning and design capabilities help HR professionals make data-driven decisions and easily deliver a personalized employee experience.
“Oracle’s commitment to continued innovation allows organizations to make work more human for the entire employee ecosystem,” said Chris Leone, senior vice president of development, Oracle HCM Cloud. “With the Oracle digital assistant, our customers can create a competitive advantage by delivering a seamless, conversational user experience that we know employees want.”
Oracle has introduced these new capabilities at Modern Business Experience in Las Vegas. Modern Business Experience brings together finance, supply chain, and human resources professionals to explore how cloud applications and connected business processes can enhance business agility, drive new business models, and create breakthrough experiences for customers, employees, partners, and suppliers.
“In today’s society, technology and artificial intelligence has completely infiltrated our personal lives – we use chatbots for almost everything, from finding new shows to watch on TV to calculating the best commute that navigates around traffic. Employees use these technologies every day at home and are now expecting their employers to deliver the same type of experience at work, and that’s what Oracle is helping HR to deliver. With our latest updates to Oracle HCM Cloud, we’re particularly excited for the advancement of digital assistants to make work more human. As more organizations begin to embrace emerging technologies like digital assistants, I believe we’ll begin to enter a new, more strategic era of HR.” – Emily He, SVP of HCM Cloud, Oracle.