Introduction to HRMS

Each and every enterprise needs people to manage and run its business. People are the most basic and the most important ingredient of any business. It could be an NGO, a Bank or a Robotics laboratory, no matter where the enterprise focuses on, it must need people to run it. That is why it becomes necessary for the enterprise to store organizational data along with employee data, and use them to manage the people related to the enterprise effectively. This requirement creates the market for a system called the Human Resource Management System.

Oracle eBS provides a very effective and scalable way for Human Resource Management of an enterprise. It is called Oracle human Resource Management System (a.k.a Oracle HRMS / Oracle HCM). Oracle HRMS as a whole is a combination of few Sub Modules. Each sub module supports one particular type of application / practice. Oracle HRMS modules list somewhat goes like this:

Oracle Human Resources: Also known as Core HR, this module helps managing enterprise structures, organizational hierarchy, position hierarchy, supervisor hierarchy etc. This module is the backbone of all the other sub modules in HRMS, also holds true for any other module in eBS.

Oracle Payroll: Also known as Payroll, helps in managing employee payroll related details like whom all to pay? How much to pay? How to pay? When to pay? Etc.

Oracle Advanced Benefits: Also known as OAB / Benefits, this module accounts for any non-monetary privileges provided by the enterprise for the employee like Life Insurance, Medical claims, Enrolments, etc.

Oracle Time and Labour: Also known as OTL, this module tracks the time sheet information of the employees. Who worked for how many hours? For which project or order? Overtimes etc can be managed through this module.

Oracle Learning Management: Also known as OLM, this module manages the trainings and the competencies of a given employee. With this, one can manage employee training needs, hiring external trainers, setting up classes etc.

Oracle iRecruitment: Also known as iRec. This module is used for recruitment processes involving - Managing applicants, vacancies, releasing offers etc. iRec enables structured approach to candidate applications for vacancies, up-to-date candidate list, managing vacancies and candidate selection process.

Compensation Workbench: Also known as CWB. This module is used to manage and budget the bonus, stock options etc. This empowers the enterprise with the statistical analysis, external comparisons, for better decision making on Compensation.

Oracle Performance Management: Also known as Oracle Talent Management / Performance Management / PMS (Performance Management System). This one deals with the appraisals, competencies, proficiencies etc. Thus helps to manage the appraisal cycles as a whole. PMS enables enterprises to align personnel to their strategic organizational goals and conducting appraisals to check and enable personnel to achieve the planned personal objectives

Oracle Self Service HR: Also known as SSHR. Quite effectively used as an interface to all other modules in HRMS, this module is like the face of HRMS as it gives the user a web based interface to perform tasks like – applying for leave, time-sheet submission, request for training, etc

Oracle Web Conferencing: Also known as OWC, it enables interaction in real-time between people in different parts of the world. Each person participates in a web conference using his/her own computer.

Oracle Daily Business Intelligence for Human Resources: Also known as DBI, a very powerful reporting tool for the HR and line managers. This is capable of summarizing the employee related details, for better decision making

In addition to these, there are three additional tools to improve business process modelling in any oracle erp project -  

• Oracle Workflow enables business process modeling
• Oracle AME enables approval hierarchies management
• Oracle Alert enables setting up automatic event alerting.Workflow

I hope this oracle hrms tutorial post might give some clarity about key oracle hrms modules

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