Why will a HRMS be useful?
Today, the most successful multi national, multi-company group enterprises continuously review and improve their business functions, searching for new ways to streamline processes to make them more effective and to use them to gain competitive advantage. Human Resource Management is responsible for addressing the workforce aspect of this continuous improvement. Human resource management was originally an administrative and welfare role within an enterprise. This often included recruitment and record-keeping functions. This role was primarily reactive in nature. Human Resources responded to the needs of both managers and employees, but did not anticipate them. In the last few decades, human resource management has evolved and assumed a more proactive role, from automated processing, to the provision of a new level of strategic value.
The people within your enterprise produce the goods and provide the services that fuel your enterprise. At the same time, the human cost is often the biggest cost a company incurs. Well managed human resources directly improve your enterprise and contribute to a competitive advantage.
If your enterprise has strategic, value added human resource management you will hire, motivate and retain the most capable workforce. You will have the ability to engage employees and line managers directly in managing their skills and careers to your enterprise’s advantage. Furthermore, you will have accurate, up-to-date workforce information for managers and executives.
What is Oracle HRMS anyway?
With Oracle HRMS, an information model can be created to represent the Enterprise in terms of Work, Pay and People. All Oracle HRMS applications have a single source of information because they share the same tables within the Oracle database. This eliminates data redundancy, reduces the possibility of conflicting data in different databases and creates a consistent, complete and reliable picture of every employee.
To help to understand how Oracle HRMS uses the Oracle database, we need to be familiar with few key concepts, which will be dealt in my future blog posts.
No comments:
Post a Comment