What is Oracle Fusion?

What is Oracle Fusion HCM Cloud?

Oracle Fusion Cloud HCM Training – Becoming an expert

Human Capital Management (HCM) Cloud is a next-generation cloud ERP solution with Oracle Fusion Cloud HCM being the latest Cloud Human Capital Management solution for Enterprises. The Fusion HCM Cloud offers scalability by minimizing operational costs with expert time-consumption and high-visibility. A significant benefit of using Oracle Fusion Cloud is that it doesn’t require physical infrastructure to install or use HCM applications. Also, there is no limit to application usage with the availability of the cloud. On top of all, there is no security and loss of data issue because of high-class security practices implemented by Oracle security experts and Cloud backup.

At Palium Skills, we offer the best corporate training in Oracle Fusion HCM that helps participants to become an expert in assisting businesses to establish supply-chain modules in the cloud depending on the business needs. By enrolling and learning this course at the best Fusion HCM Training institute, participants will acquire deep knowledge on creating various strategies that provide advantages such as streamlining decision-making processes, lowering additional costs, and offering better customer service to attain higher revenue limits. Our Oracle Fusion HCM Cloud Training offers you the skills to successfully implement and manage the Inventory Management Cloud applications, make effective implementation decisions based on your organization’s needs, advanced Human Capital and fulfilment techniques

The training includes both HCM functional and technical tools available on Fusion HCM Cloud. Oracle has moved most of the configuration and implementation tasks in Fusion HCM to UI because there is a limitation on the technical customization over Cloud. Therefore, the Fusion HCM online training at Palium Skills covers the Functional and Technical learning. We will provide you with the access to Oracle Fusion HCM Cloud instance during the training and you can access it over the internet from anywhere. With our online training, you will understand the real-life process on various Fusion HCM Consulting aspects

By the end of the Oracle Fusion HCM Online training, participants will learn all Oracle Fusion HCM modules required for technical and functional application implementation.

Cloud Human Capital Management Jobs

• Oracle Fusion HCM Functional Consultant
• Oracle Fusion HCM Technical Consultants
• Project Managers
• HCM Managers
• Human Capital Executives

Who all can take this Oracle Fusion HCM training?

• Oracle Apps HCM and ERP consultants, Oracle Apps techno functional consultants and professionals who are already working in domains such as finance, supply chain, and human resources domain can opt to join our training institute for Fusion HCM and enhance their competency. Apart from them, freshers from MBA Human Capital management specialization, mechanical engineers who aspire to build their career in Human Capital management can also go for this online teaching program.

Course Description

The Oracle Cloud HCM program is designed to help the participant to understand the Fusion Human Capital Management application quickly in a cloud environment and to successfully work in this domain. There are multiple courses available to fit the requirement of consultants and working Professionals.

• 1. Fusion Financials Management
• 2. Fusion Human Capital Management
• 3. Fusion Supply Chain Management
• 4. Fusion HCM Technical Management
• 5. Fusion Time & Labor
• 6. Performance Management

CourseOutline

The course outline delivered during the class is as follows -

Introduction to Oracle Cloud

Enterprise Structure Overview

Introduction to Functional Setup Manager and Quick Setup

• SAAS, PAAS and IAAS Overview
• Oracle HCM Cloud Capabilities: Overview
• Navigation Basics
• Resources
• Implementation Planning
• Roles and Responsibilities
• Offerings
• Implementation Considerations
• HCM Simplified Setup: Overview
• Automated Setup of HCM Common Components
• Simplified Setup: Time Savings
• Best Practices
• Walkthrough on Enterprise Structure
• Differentiate E-Business Suite and Cloud Org Structure
• Business Unit Overview
• Business Unit Implementation
• Overview
• Introduction to the User Interface
• Working with Functional Setup Manager
• Enabling Offering and Functional areas for Implementation
• Defining Geographies
• Setting up Enterprise Structures and Enterprise Structure components
• Reference Data sets and Business Units
• Job and Position Structures
• Managing Enterprise HCM Information
• Enabling position Synchronization
• Working with the Day Information and Number Generation
• Defining a Legal Address and Legal Entity
• Setting up Jobs, Position, Locations, Organizations and Actions
• Defining Grades and Grade Rates
• Profile Options
• Approval Transactions
• Workforce Task list and Person record values
• Administering workers, Add person and Manage employment in Global HR
• Using Directory, My team and About Me work areas
• Updating personal information – Employee
• ESS and MSS
• Mass updates
• Overview on Security

Practice – Global HR

• Creating an Implementation Project
• Defining a Legal Address
• Defining a Legal Entity
• Setting up an Employment Model and Linking a Legislative Data Group to Legal Entity
• Creating a Set ID
• Creating a Business Unit
• Mapping Business Unit Set Assignment to Reference Data Set
• Creating Location, Division, Department and Action
• Creating an Organization Tree
• Creating a Collective Agreement
• Creating Grade, Grade Rate, Job and Position
• Hiring an employee to test the setup
• Managing Calendar Events and Work schedules
• Create work relationship and Manage employment
• Transfer, terminate and Assign an area of responsibility

Payroll

• Introduction
• Pay Frequencies
• Payroll Definitions
• Time Definitions
• Payroll Elements
• Elements Overview
• Input Values and Various Rules
• Payroll Deductions
• Element Entries and Calculation Cards
• Fast Formulas
• User Defined Tables and Fast formula Overview
• Creating Fast Formulas
• Balances
• Balance Definitions
• Balance Dimensions
• Balance Feeds
• Calculate Payroll
• Event Groups
• Payment Methods
• Personal Payment Method
• Third Parties
• Third Party Payment Methods
• Payroll Costing
• Payroll Calculations
• Payroll Batch Loader
• Retroactive Changes
• Balance Adjustments
• Payslip Review
• Object Groups
• Payroll Flow Patterns
• Payroll Business Definitions
• Security for Payroll

Practice - Payroll

• Creating Consolidation Group
• Creating Weekly and semi monthly Payroll Definition
• Hiring employees
• Creating Shift earnings element
• Creating Semi-monthly flex earnings element
• Creating on-call earnings element
• Creating fitness centre deduction element
• Creating a uniform deduction element
• Creating element entries employees hired
• Creating Calculation cards for an involuntary deduction
• Creating a Balance definition
• Updating a Balance definition for elements
• Calculating weekly payroll and viewing results
• Updating employee salary
• Creating an organization, personal, third party payment methods
• Creating Costing for the Semi-monthly Flex Element
• Creating an Element and Payroll relationship group
• Creating a Payroll Flo0w Pattern
• Entering and transferring Batch data
• Processing the payroll flow and verifying the payslips
• Updating the salary and viewing the retroactive event
• Adjusting a tax balance and viewing the adjusted balance
• Calculating the Supplemental Bonus Payroll
• Creating Element Entries for a Separate Payment

Absence Management

• Overview
• Accrual Plan Attributes and Participation
• Absence Plans
• Accrual Plan
• Accrual Plan Participation
• Eligibility Profiles
• Derived Factors
• Absence Plans and Payroll
• Qualification Plans, Attributes and Participation
• Rate Definitions and Elements
• Absence Management Setup Framework
• Absence Types and display features
• Absence Certifications
• Managing Absence records and entitlements
• Schedule and Monitor absence process

Practice - Absence Management

• Setting Up Basic Details for a Vacation Accrual Plan
• Creating a Length of Service Derived Factor
• Creating an Eligibility Profile
• Associating the Eligibility Profile with the Vacation Plan
• Creating Weekly Repeating Time Periods
• Defining a Band Matrix for the Accrual Plan
• Setting Adjustment Options for the Vacation Plan
• Creating a Maternity Qualification Plan
• Creating an Eligibility Profile for the Maternity Plan
• Associating an Eligibility Profile with the Maternity Plan
• Defining an Entitlement Matrix for the Qualification Plan
• Activating the Absence Plans
• Creating a Certification Requirement
• Creating a Maternity Absence Type
• Creating a Vacation Absence Type

Workflows

• Oracle Fusion HCM Workflow & Approval Management Overview
• Oracle Fusion HCM Approvals Setup and Maintenance
• Approval Rules
• Approver Types
• Oracle BPM Worklist Examples