Delivering Value Ps Hcm 075955

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    In HCM 9.1, weve made improvements that will allow you to create better alignment with key

    business objectives and help increase the effectiveness of the workforce. HCM 9.1 will help you:

    Align individual goals with organizational business objectives creating line of sight of topinitiatives

    Link total compensation to performance to better reward and retain top performers (pay forperformance)

    Develop and manage talent and leadership to identify and address skill gaps in critical areas

    Performance management, the process of setting employee goals, identifying individual

    development targets, and assessing progress toward achieving those objectives, continues to be a

    critical foundational element of a solid talent management strategy, evolving from an

    administrative process to a strategic business activity.

    Alignment of an organization's workforce activities to its enterprise strategy is critical to ensure

    the execution of the strategy and to enable organizational success. This alignment can be realized

    through effective communication that ties individual goals and activities to the goals and

    initiatives of their department, business unit, and ultimately the overall organizational strategy.

    Having this alignment in place can heighten employee commitment and motivation, increasing

    the likelihood of individuals achieving enterprise goals. Correspondingly, when goals are aligned

    across the organization, management can monitor achievement against these goals in amethodical manner.

    ePerformance 9.1 includes significant new functionality designed to help organizations more

    effectively align employee goals with business objectives. Objectives can now be easily shared

    throughout the organization, with employees defining individual goals that will help the

    organization achieve the objectives defined by senior management. By associating supporting

    goals with the broader initiatives they support, everyone has a clear understanding of what is

    expected and how key initiatives will be completed.

    Usability in ePerformance has also been improved with more configuration options

    configurable fields now display in the header section of the performance document; there is

    support for file attachments; electronic document sign-off has been introduced; and targetedperformance notes allow you to associate a note to a particular item on the performance

    document.

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    Align the workforce and ensure the most mission critical tasks are a top priority Identify and visually display multiple levels of organizational goals Gain better insight into skills and performance to help identify the right employees for

    advancement, or reassignment.

    Lower employee turnover rate through a more effective performance process Streamline performance management administrationAchieve higher levels of employee motivation, accountability and productivity Increase likelihood of employees being willing to take on increased responsibility Drive higher customer satisfaction levels / higher customer retention rates

    With the ever changing needs of Compensation administration, PeopleSoft is delivering new

    capabilities in the managers desktop portion ofeCompensation to facilitate the equitable

    allocation of various compensation types. In 9.1, we have improved the manager experience for

    compensation planning and allocation. These improvements include the delivery of an integrated

    Pay for Performance process as well as transactional metrics to assist the manager through the

    difficult decision making process of allocating compensation. Organizations can now deliver an

    integrated manager tool for planning and allocating various compensation types including

    adjustment to salaries, bonuses, equity as well as other compensation types. This fully integrated

    solution provides robust decision making tools to the user by providing appropriate transactionalmetrics by process step, configurable approvals and alerts as well as provide an intuitive grid-like

    user interface for ease of use. The PeopleSoft Compensation Solutions provide the flexibility

    required to administer compensation in today's environment.

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    Manage and plan more complex total compensation packages Plan and manage various types of compensation through one integrated processTransactional metrics provide decision making tools to aid in the compensation allocation

    process

    Reduce compensation errors/overpayments Shorten salary cycle processing throughout the organization Reduce head count to support the compensation process & improve staff productivity Improve employee satisfaction and reduce turnover Employee satisfaction creates customer satisfaction improving the organizations profitability

    Finally, rounding out your talent management strategy, Oracle is delivering new Career Planning

    and Succession Planning functionality in HCM 9.1 that will allow you to better develop and

    manage talent and leadership through identification of skill gaps in critical areas. This

    functionality transcends simple talent management by utilizing employee profiles (Profile

    Management) inherent throughout both the talent management modules and core HR. The

    career planning process provides the structure for developmental activities focused on

    advancement as well as a feeder into succession planning. To support employee-based career

    planning and ultimately increase the integrity of the succession planning process, employees will

    be able to identify their career needs, plans, preferences, and interests. New features such asconfigurable X-Y grids for rating box (often designed as a 9-box), real-time hierarchical

    visualization of incumbents and successors, and an intuitive, graphical user interface with drag-

    and-drop capabilities make this applications value immediately apparent.

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    Enterprise Learning Management (ELM) 9.1 delivers a number of enhancements covering a wide

    variety of customer needs by expanding industry and business processes such as Talent

    Management Integration and Learning Portfolio Management, as well as protecting the

    customers investment by improving the usability of Notifications, Catalog Management, and

    other features. These customer-driven enhancements have resulted in an improved offering that

    is easier to manage and to use. In addition, ELM 9.1 offers even more integration with business

    processes such as Career Planning, Succession Planning and Performance Management.

    You cant develop good talent without first recruiting good talent, and Recruiting Solutions 9.1extends the Talent Acquisition Manager and Candidate Gateway applications, deepens the reach

    of existing features, and introduces new functionality that will enhance usability. The

    introduction of new capabilities such as integration with Microsoft Outlook 2007 is aimed at

    enabling end users to complete transactions within applications they rely on during the course of

    their busy day. Expanded functionality in candidate screening and in profile search / match

    enables organizations to further leverage the rich content they have established in their person

    and non-person profiles. Updated capabilities for candidates and employees such as Online Job

    Offer, which includes electronic acceptance, provide job seekers with the tools they require to

    effectively manage their career search.

    Identify potential successors for key positions Clear career paths lower risk of top performers leaving Greater ability to reallocate employees from low to high demand positions

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    Less time and money spent on retraining Fewer employee errors and need for rework More productive and skilled employees Higher quality products and services Better customer service Better quality of training programs Gain a competitive advantage with improved leadership development and planning Increase in employee morale at all levels of the organization

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    In HCM 9.1,weve focused on three major areas that will drive higher organizational

    productivity to help you deliver the best business results. HCM 9.1 will help you:

    Improve user experience and increase cost effectiveness with a streamlined interface and Web2.0 tools

    Improve HR service delivery with new workforce communication tools and improved selfservice capabilities

    Make better informed decisions through integrated business intelligence

    Enhancing the productivity of enterprise software means helping its users get more work done in

    a unit of time. Productivity is only one component of ease-of-use of a product, but an important

    one that that can be easily measured with an experienced user. PeopleTools 8.50 provides faster

    navigation via redesigned menu navigation, in-context pop-ups and type-ahead text, which

    reduce clicks & load time. Customers will also enjoy rich, desktop power through new grids that

    give you spreadsheet-like capabilities and an inline rich text editor. And finally there is improved

    collaboration with Web 2.0 user experiences via chat, wiki, blog, tagging, and discussion

    capabilities.

    PeopleTools 8.50 is the most robust and feature-laden release in the history of PeopleSoft. New

    Web 2.0 features and other enhancements in PeopleTools 8.50 will provide additional avenues

    for improved productivity, employee engagement, improved user experience, and lower total cost

    of ownership (TCO). HCM 9.1 includes over 9, 000 pages enhanced with Web 2.0 elements thatwill reduce data entry labor and improve overall worker productivity. PeopleTools 8.50 is also

    backward compatible with versions 8.8, 8.9 and 9.0.

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    Using PeopleTools 8.50, organizations can quickly and easily improve each users experience in a

    number of ways. For example, individual users have the ability to create their own list of

    favorites, frequent transactions that they can save and eliminate the need to navigate to them

    each time. Additionally, left navigation can configured by jobs or roles to only show the

    functions needed and remove other navigation options that only create clutter. For example, a

    payroll administrator job role could be configured to only show left navigation items such as pay

    cycle commands, pay run results, payroll reports, etc. This navigation can further be configured

    with icons or images to improve the look and feel of the page. You can also include links to

    collaborative workspaces and outside sources that allow users to navigate away from their work

    without losing their place in the workthey are returned to where they left off once they arefinished working with the linked content. Having the ability to launch collaborative workspaces

    from within the application is going to improve productivity and accuracy by enabling employees

    to do research, share documents, create discussion forums, read policies/procedures, or any

    other number of functions related to their job.

    The configurability of the PeopleSoft Solution provided through PeopleTools 8.50 gives you

    capabilities to build upon the delivered user experience enhancements. For example, the user

    experience can be configured to have to be much more appealing to the users by adding rounded

    corners to boxes, tabs, icons, and images. This is just one example of the limitless possibilities to

    enhance the user experience with the PeopleSoft Solution delivered capabilities. Other examples

    include adding hover over texts to various locations within the application; adding related

    content, workspaces, links to third party applications, various web 2.0 collaboration options to

    various locations within the solution. All of these benefits delivered with the PeopleSoft

    Solution drive employee efficiency and employee engagement throughout your organization.

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    Re-designed menu navigation, and power tools like Type-Ahead means fewer clicks In-Context pop-up windows save you time, by keeping you in context of your work Smart use of type-ahead in fields means secondary windows are eliminated in some workflows

    Grids

    Improved End User Customization with spreadsheet-like controls such as scrolling andfreezing

    Improved End User Control with features like zoom-in for full content viewingRich Text Editor

    Format text like you would in any word processor for full end user control

    Forums, Tagging, Chat

    PeopleTools 8.5 makes available secure, embedded forums, tagging, and chat for smarter, as-needed collaboration

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    Introduced after HCM 9.0 was released, Workforce Communications (part of CRM 9.1) was

    launched to provide organizations with the tools necessary to create closed loop communicationswith the workforce and better understand wants and needs through surveys and HR campaigns.

    This powerful functionality has been designed to use core HR employee data intelligently, which

    will help avoid spamming the workforce with un-related informationthey only get what

    pertains to them. Workforce Communications (WFC) 9.1 gives HR departments the ability to

    survey the workforce and conduct campaigns to push out critical HR announcements and collect

    feedback on programs and policies to better understand whats working and whats not working,

    and what the workforce wants and needs. This is a first of its kind application in the market,

    combining survey, campaign and analytics capabilities with core HR employee data to ensure

    communications are targeted and employee confidentiality and security is maintained. Specific

    examples of ways to utilize WFC effectively include internal recruiting efforts, overall employee

    communications, product/sales news, employee surveys, newsletters, andonboarding/offboarding processing. WFC complements a companys intranet strategy by

    delivering both web pages and emails built using dynamic merge content rules leveraging

    employee information to deliver targeted communications.

    Manager and employee self service is a major component of being able to effectively deliver

    superior, cost cutting HR services to the workforce, and studies over the last decade or more

    have consistently shown the value of employee and manager self service. HCM 9.1 delivers

    enhancements to our self service capabilities in a substantial number of areas. Some of the most

    significant capabilities include the new manager and employee self service functions in

    eCompensation, Career Planning, Succession Planning, and Profile Management, along with

    redesigned pages throughout the system to help improve access and productivity.

    PeopleSoft eCompensation 9.1 improves the efficiency and accuracy of the compensation

    process for managers by providing easy online access to update their global workforces

    compensation. For example, managers will enjoy self service capabilities designed to allow them

    to plan and allocate various compensation types based on budget and performance, allocate

    compensation equitably, delegate authority and process approvals and employees will be able to

    view their current and historical compensation. eCompensation manager self service also

    includes new, embedded transactional metrics to provide a graphical representation of the

    underlying compensation data.

    In Career Planning 9.1 (part of Human Resources), manager and employee self-service allows

    access to career planning functionality, including the ability to define and develop career paths.

    Succession Planning 9.1 gives managers the ability to access the new Succession 360feature that

    allows managers to search for people, positions or job codes, and plans; create graphical

    representations of reporting hierarchies; view profile summaries; view succession plans for

    people, positions, or job codes; and edit succession plans.

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    Profile Management 9.1 (part of Human Resources) includes new employee self service to view

    profile content such as:

    Performance history, ratings and manager reviews Development plans and status Current role competencies and proficiency levels and gaps between desired and actual

    proficiency levels

    Finally, all self service pages throughout the PeopleSoft HCM system were redesigned to provide

    higher productivity to employees and managers using the new stylesheets, Web 2.0 functionality

    and reformatting of the pages.

    Reduce HR program costs by understanding needs Increase rehires and expand talent pool Support upward mobility and improve morale Identify over/under performing areas/employees Ensure right decisions are made in uncertain times Improve employee engagement & reduce turnover costs

    Lower HR service delivery costs Improved engagement and morale Lower risk of employee turnover Boost workforce productivity Reduce the burden on HR staffAchieve best practices Streamline employee inquiries

    Oracle Human Resources Analytics 7.9.6 provides insights into organizational performance that

    help management balance cost efficiency with the best ways to develop and deploy an agile and

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    high-competency workforce. The product integrates data from across the enterprises systems,

    transforming silos of data into timely and actionable insight.

    Oracle Human Resources Analytics is tightly integrated with PeopleSoft HCM to leverage thevalue of existing data and to eliminate the inefficiencies of data silos. It can pull in HR, financial,

    customer retention, talent management data, from both Oracle and non-Oracle systems, truly

    giving a comprehensive and seamless view of information about your workforce.

    Oracle Human Resources Analytics offers seven subject areas (absence, compensation, HR

    performance, learning enrollment and completion, recruiting, US statutory compliance, and

    workforce performance), nine dashboards, over 200 reports, over 300 metrics, and over 600

    dimensional attributes.

    Retention of key performers and their associated customers and revenue

    Better management of hiring costs by being able to identify the best hiring source deliveringimproved quality of hires

    Reduced compensation overpayments Improved HR staff productivity resulting in the need for fewer HR staff Reduced risk of litigation due to non-compliance Lower costs of business intelligence development with pre-built solution

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    In HCM 9.1,weve took a look at the best ways to help you lower costs by leveraging your

    strategic investment in PeopleSoft. HCM 9.1 will help you: Reduce customizations and streamline administrative tasks/costs by leveraging industry-

    specific enhancements

    Ensure global and local regulatory compliance Cut IT expenses and eliminate costly integrations with selective upgrades and pre-built

    integration

    Oracle took a sharp look at functionality needed by customers in a wide array of industries and

    have delivered a significant number of customer requested enhancements in HCM 9.1, mostnotably in the Education and Public Sector industries, but not limited to these industries. You

    will find industry-specific enhancements throughout HCM 9.1, as well as other cost-cutting

    enhancements that will help keep a lid on costs.

    HCM 9.1s industry-specific capabilities address the unique HCM processes of various sectors

    such as retailing and the public sector and help eliminate custom or third-party solutions.

    Retailers can use Release 9.1s close bi-directional integration with Oracles Workforce

    Scheduling application to generate the most optimized schedules for employees based on HR,

    Absence, and Time and Labor data.

    In HCM 9.1 you can execute end-to-end business processes with complete and integrated

    solutions such as Multiyear Encumbrances, Real-Time Budget Checking and Project ChartField

    Integration. With Multiyear Encumbrances you can create and liquidate encumbrances over

    Multiple Years. Encumbrances created for entire funding source beyond current fiscal year and

    Multiyear encumbrances split across multiple budget years. The existing fiscal year encumbrance

    functionality will continue to be available. This new functionality Integrates with Real-Time

    Budget Checking Functionality and is also integrated with PeopleSoft Financials. With Real-

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    Time Budget Checking you can obtain immediate Real-Time Budget Control. This feature

    ensures funding is available for salary and group fringe expenses and minimizes Overdrafts to

    GL by performing a budget check on Job and Position transactions. HCM 9.1 will also provide a

    greater synchronization and integration between HCM and Financials with Full Project

    ChartField Integrations. This process supports the flow of Payroll data back to Project Costing.

    HCM 9.1 also includes a more flexible Contract Pay solution with the K-12 and Higher

    Education industry in mind. The new changes allow you to calculate complex Contract Pay

    calculations such as back to back contracts, balloon payments, and calculate actual earnings based

    on user-defined work days. We also give you more processing options such as the ability to

    prorate the contract hours in partial periods and annualize taxable gross over 12 months instead

    of payment period.

    We have also made significant changes in HCM 9.1 to Retroactive Pay (Retro Pay). This feature

    now provides more functionality, flexibility, and control. At the heart of this solution is a new

    configurable, user-defined Trigger Table. The user will now determine what fields will create a

    Retro Request. We are also making significant usability and functionality changes designed to

    provide a better business process for retroactive pay. You will now experience a clearer

    understanding of the retro transactions and calculations. In addition, we are tightening up the

    retro process to provide more control, thus creating more accurate retroactive pay payments.

    The Paysheet Update process in Payroll for North America has enhanced to provide increased

    user productivity and better auditing capabilities. For example, you can create your own source

    code and store the code on the payline. This will allow you to better identify where the source

    data originated. We have also created a new Excel Spreadsheet to Component Interface Load to

    reduce the need for custom loads.

    Enhancements in absence processing provide new functionality for Leave Donations, which will

    allow organizations to reduce their payroll expense by allowing more employees to donate leave

    that would have not been used, reversing the expense recognition of vacation accrual, which

    reduces the current year payroll expense.

    Finally, the PeopleSoft Approval and Workflow Engine and the HCM Delegation Engine can be

    used to configure workflow rules for any number of approvals or delegations for transactions

    like, reporting of time, absence requests, compensation changes, and job openings/offers.

    Lower IT labor costs with delivered integrations like OWS and Financials for Real-Timebudget checking, Multiyear Encumbrances and Project ChartField Integration

    Lower risk with new industry-specific or customer requested functionality Reduce or eliminate 3rd party license/maintenance software and hardware costs Reduce payroll expense with Leave Donations

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    Increased accuracy of financial transactions and employee workforce scheduling

    Three new global country extensions are included in HCM 9.1 that will help ensure regional and

    global business operations comply with legislation for many PeopleSoft customers. Additionally,

    improvements to Profile Manager continue to help improve compliance through new features

    and integration between core HR and the talent applications.

    Expansion into three countries, China, Thailand, and Argentina, provide new functionality in

    Human Resources and corresponding Global Payrolls. Enhancements have also been added to

    existing country extensions for United Kingdom (maternity leave processing) and France

    (application framework brings substantial productivity gains for customers processing

    transactions, as well as aiding organizations in compliance with complex and changing

    regulations; learning management includes multiple new features).

    Enhancements to Profile Manager include the ability to maintain tighter control over profile

    management, improved usability in the overall function, and new integration that will inactivate

    the person profile when employment has been terminated.

    FMLA (Family and Medical Leave ActUS) sample rules are now delivered in Absence

    Management 9.1 to help reduce overhead in administering these complex programs, which can

    be quite costly from a labor perspective. The delivered rules can be used out of the box or

    additional rules can be created to meet specific business needs. New Extended Leave

    Framework functionality drives these rulesother examples include SSP (Statutory Sick Pay) and

    SMP (Statutory Maternity Pay) in the UK, ESA in Canada.

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    Finally, the enhancements mentioned in the previous section related to commitment accounting

    and contract pay also help organizations remain compliant with accounting rules and regulations.

    Enforcement action and fines Complaints and dissatisfied staff/customersAdverse publicity and/or impact on shareholder value Reputation and brand damage Loss of business/customersAdverse criminal/civil action against the organizations legal entities, executive management

    and individual staff members

    PeopleSoft HCM 9.1 introduces and enhances a significant number of integrations that will help

    cut IT expenses and lower risk of data loss or corruption, as well as improving worker

    productivity. HCM 9.1 includes over 1,700 integrations (83 new) and almost 3,000 integration

    points (82 new). Examples of some of the new integrations include:

    Core HR integration with Workforce Communications Core HR to Oracle Incentive Compensation Oracle Workforce Scheduling to Human Resources, Time & Labor, and Absence Management

    (bi-directional)

    Greater synchronization of Payroll to PeopleSoft Financials Succession Planning with Profile Manager to support matching, ranking and skill gap

    identification

    Recruiting Solutions with Profiles Recruiting Solutions with eProcurement Microsoft Outlook to Recruiting Solutions Enterprise Learning Management to Profiles, ePerformance, Succession Planning and Career

    DevelopmentLeveraging Oracle Application Integration Architecture (AIA), the Oracle Workforce

    Administration Integration Pack for PeopleSoft Human Resource delivers a seamless integration

    of PeopleSoft Person, Worker, and Talent Profile data to 3rd party or custom developed

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    applications, enabling you to simplify cross-application business process integrations using a

    standards-based prebuilt integration solution.

    And finally, to ensure that our customers have the most current talent management optionspossible, new with HCM 9.1, Oracle is providing PeopleSoft Talent Management 9.1 to

    PeopleSoft HCM Integrations to connect our Talent Management 9.1 and Human Resources 9.0

    applications. These easily configurable packs enable our HCM 9.0 customers to take advantage of

    the Talent Management 9.1 business process enhancements while retaining their existing HCM

    9.0 implementation. With a consistent PeopleSoft-to-PeopleSoft approach, youll be able to

    maintain your data in a consistent approach when using PeopleSoft Talent Management and

    HCM Integration Packs, and the time and resources required to maintain your system data will

    be reduced and simplified. Plus an upgrade is not required, allowing customers that arent ready

    to upgrade yet to take advantage of key talent management functionality now.

    Lower IT labor costs Lower IT software/hardware costs Reduced custom interfaces/integrations Reduced risk of data loss or corruption Reduced data entry and troubleshooting for errors Implement 9.1 talent applications for 9.0 customers without an upgrade

    PeopleSoft HCM Release 9.1 is another milestone for customers looking to innovate their

    Human Capital strategy. Not only does this release substantially expand PeopleSofts footprint in

    the integrated Talent Management space, but also takes advantage of technology available

    through the Oracle family to provide strategic analytical, surveying and communications

    capabilities (such as Oracle Incentive Compensation, Oracle Workforce Scheduling, PeopleSoft

    Workforce Communications, and Oracle HR Analytics). Additionally, one of the largest benefits

    in HCM 9.1 will be productivity gains organizations will realize through either redesigned

    functions and process flows or through Web 2.0 technology delivered through PeopleTools 8.50.

    You cant get true productivity gains without innovation, and this is one area that Oracle firmly

    delivers in HCM 9.1.

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    HCM 9.1 Solution Factory http://launch.oracle.com/?psfthcm9.1

    Oracle HCM Applications http://www.oracle.com/us/solutions/hcm

    For more information about PeopleSoft HCM 9.1 please visit oracle.com or call

    +1.800.ORACLE1 to speak to an Oracle representative.

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