Why is Oracle PeopleSoft HRMS (Human Resource Management System) important for growing businesses?

 Post-pandemic, work-from-home culture has been rapidly opted by many organizations both small and large. Managing an overstretched workforce can be challenging for human recourses departments and this is one of the key reasons why companies find the need to look for an advanced Human Resource Management System that allows them to manage their workforce stretched over various locations on the global and working on personal devices. 

Oracle PeopleSoft HRMS (Human Resource Management System) comes equipped with intuitive features and capabilities to reduce manual HR intervention in managing workforce data, be it time and attendance, payroll, benefits administration, talent acquisition, workforce planning, or any other employee engagement or management tasks. Multisoft Virtual Academy offers Oracle PeopleSoft HRMS Rel 9.2 Online Training Certification course, for both one-on-one and corporate training. If you want to upskill or enhance the skills and performance of HR teams of your company, consider opting for Oracle PeopleSoft HRMS Rel 9.2 Online Training Certification course. 

Oracle PeopleSoft Key Metrics: 

Some of the main applications within Oracle PeopleSoft HCM modules are as follows:

• Global Core HCM – This module offers a company directory with self-service functionality to all users, along with multi-national support and real-time analytical tools for companies working from multiple locations across the globe. 

• Benefits- This payroll solution is for all countries that include a payroll interface to integrate third-party payroll systems and pension administration.

• Workforce Management- This module helps companies in maintaining the workforce and managing labor costs; time and attendance and absence management. 

• In-Memory Labor Rules and Monitoring: This module enables the global workforce in making better labor decisions using real-time analytical tools. The in-Memory Labor Rules and Monitoring module is built on the Exadata database architecture of Oracle. Using this module, companies can easily deploy labor and time policies ensuring compliance with overtime rules.

• Workforce Service Delivery: It is one of the main features of Oracle HCM (Human Capital Management), which is a dedicated collaboration and self-service tool used to streamline day-to-day HR tasks and activities: Other applications of this module are HR help desk, which is a directory interface used to integrate and connect with various servers using LDAP network protocol; ePay is designed for employees for editing and viewing payroll-related information; eBenefits is also for employees, which helps them view benefit programs and incorporate changes in their benefits enrollment; eProfile is the application where employees can view and change their personal information; eProfile Manager Desktop is for managers that are used to look for employee information and requests for promotions and transfers, and finally workforce communication module for sharing surveys and programs to the workforce.

• Talent Management: This module offers a suite of applications for various activities and functions. Recruiting, compensation, development, Incentive compensation, performance, Succession planning, Services procurement, Enterprise learning management, and Tutor. 

To gain in-depth knowledge about Oracle PeopleSoft HRMS, consider enrolling in Oracle PeopleSoft HRMS Rel 9.2 Online Training Certification course from Multisoft Virtual Academy. This course is taught by Multisoft’s global subject matter experts and delivered in live, instructor-led one-on-one sessions, while the course itself comes with benefits such as lifetime e-learning access, recorded training session videos, and after-training support. Once you have successfully completed the course, you will earn a globally recognized training certificate.