Over the years, human resource functions have changed considerably. With changes in business operations, a subtle shift is noticed in the way staff and employees are managed within organizations. Traditional methods have given way to comprehensive policies and systems that aim for the holistic growth of employees. The modern method of people management is termed Human Capital Management (HCM).
Oracle HCM cloud training empowers students to learn the nuances of this technique that is gradually becoming common in modern organizations.
HR vs HCM
HCM considers employees as valuable assets that are essential for fulfilling business objectives. In the traditional approach, human resources was mainly considered as a part of the costs incurred for running a business. HCM, today, strives to explore methods that empower people and motivate them to improve efficiency.
Digital Technologies in HCM
The concept of HCM has brought about considerable shifts in HR processes. To facilitate these transformations, digital technology is playing a crucial role. Automation and cloud computing are paving the path for streamlined HCM processes. Oracle Fusion HCM training can equip students with the knowledge of these new-age technologies.
Automation of manual tasks helps to increase productivity and efficiency. It reduces repetitive tasks and allows people to focus on other essential tasks. Errors are also minimized through automated processes. It also effectively manages compliance risks and reduces risks of policy violation. Besides, automation enables quick data processing, further easing the reporting process. New-age digital technology such as cloud computing facilitates automation in organizations.
Modern enterprises operate from varied locations. Cloud computing offers the flexibility to access data from anywhere and at any time. It not only streamlines processes but, inevitably increases the productivity of HR teams. Therefore, a major focus area of Oracle Fusion HCM Training in Bangalore revolves around cloud computing. It allows the use of applications for various processes including hiring, employee management, onboarding, payroll, and benefits.
Digital HCM or SMBs
Large organizations, as well as smaller companies, benefit from the digital and automated processes powered by cloud technology. In bigger firms, dedicated teams are allocated for HCM tasks. However, in the case of SMBs, budget constraints often act as impediments. As a result, digital HCM is used to enhance the efficiency and productivity of smaller teams. Moreover, it offers them a cost-effective solution for accessing HCM expertise without hiring professionals who are difficult to acquire. It ensures the timely completion of difficult tasks without utilizing a lot of resources.
With the use of digital technologies and advanced methods, HCM makes a considerable difference to traditional HR practices. It allows teams to complete complex tasks efficiently and improves the productivity of departments.
You can also enrol for Oracle Fusion HCM training in Bangalore to improve your expertise in this field. Cloudshine offers Oracle Fusion HCM training, specifically considering the requirements of students. It can be a stepping stone for a great corporate career. And if you are already working in this field, Oracle HCM Cloud training can help to improve your professional caliber further.
From Cloudshine, we have trained more than 500 consultants through 45 batches in the last 3 years and provided corporate training for 50+ organizations.
Our structured training, assessment, and practice support will help you or your company employees to become industry-ready within 60 hours of training.
Please call or WhatsApp us @ +918908123123 (provide WhatsApp link) or email us @ firstname.lastname@example.org