Oracle Benefits Cloud Implementation
Oracle Fusion Benefits (HCM Benefits) is a global, rules-based benefits application that enables organizations to manage and deliver benefits programs to meet their mission, objectives, and strategic alignment to the organization.
HCM Benefits is a configurable and flexible global product that enables organizations to evolve and adapt to the unique needs of their workforce and is an integral part of any total compensation package. Benefits can deliver traditional ‘one-size fits all’ plans and highly complex plans that selectively target different segments of the workforce with different benefit packages. It supports the cafeteria style of choosing benefits as well as flex credits if required. Benefits self-service presents the employee with an intuitive process that guides them through selection of their eligible benefits. Employees can review and update their contacts as part of
the enrollment guided process and also select dependents and beneficiaries in a separate step at the end of the enrollment process.
- Sophisticated and configurable life event management
- Scheduled life event processing
- Flex credits
- Self service enrollment
- Rules based benefits
- Flexible design of programs
- Service center functionality
- Quickly create programs and plans
- Easy program extract and import
- Benefits Extract