In today's scenario there are many ERP Players - SAP and Oracle being the market leaders with global presence.
Oracle HRMS is an ERP application of Oracle E Business Suite. It falls under vertical HCM or Human Capital Management. It covers following modules :
- Core HRMS
- Payroll
- Advanced Benefits
- Self Service
- Recruitment
- Talent Management
- Performance Management
- Time and Labor
- Learning Management
- Business Intelligence
- Compensation Workbench
- Incentive Compensation
Oracle HRMS is integrated with Financials, Purchasing, Projects, Sales etc modules of Oracle E-Business Suite.
The Oracle E-Business Suite
The Oracle E-Business Suite is a packaged application with integration of financials, supply chain, inventory, projects, sales, human resources and many other business modules. This helps in automation of organization processes at global level. And it is well integrated with Business Intelligence for corporate reporting.
The structure of applications is modules and organizations are free to choose the modules they wish to implement as well as flexile enough for adding modules after implementation of initial ones. Like Supply Chain can be added after an organization has implemented Financials. The flexibility and the robust model makes the E-Business Suite highly rated ERP. The methodologies or the best practices are well defined and tested over many years on variety of organization and projects models. This makes the success of implementation of Oracle E-Business suite products very high.
The Oracle E-Business Suite sits on a multi-layer platform which includes:
■ Oracle Database
■ Oracle Application Server
■ Common Services and Components
■ Oracle Internet Business Intelligence
Oracle Database
All applications reside on the Oracle Database. The Oracle database drives
enterprise E-Business applications, online transaction processing applications
(OLTP), query-intensive data warehouses, and high capacity Web sites. Because the
Oracle database is available on many different platforms, applications can scale
from handheld to laptop to desktop to enterprise providing consistent information
over multiple channels.
Oracle Application Server
The Oracle Application Server (Oracle 9iAS) is a middle-tier server which
independently delivers the technology needed to build Web sites and applications,
create personalized portals, extract business intelligence, and manage a secure Web
site infrastructure. Oracle Self Service , iRecruitment, iExpenses are some of the Oracle modules using the same.
Common Services and Components
All the applications can leverage the common infrastructure and services
components. Functionality includes Oracle Forms, Oracle Reports, Oracle
Application Object Library (AOL), the Oracle JDeveloper and Oracle Discoverer
development tools, the coding and UI standards, and other functionality used by
the applications.
For example, you can extend the applications according to your business needs
using flexfields. You can create and assign responsibilities using the system
administrator responsibility. Also, you can use Oracle Workflow to configure
background processes and set up notifications so that all the appropriate managers
and groups are notified.
Oracle Internet Business Intelligence
Above the E-Business Suite sits the Internet Business Intelligence application. This
application integrate data from all of the E-Business Suite applications to provide
key performance measurements, operating alerts, and management reports to every
decision maker across the enterprise.
The ERP applications include following and more:
■ Oracle Order Management
■ Oracle Supply Chain Planning
■ Oracle Manufacturing
■ Oracle Financials
■ Oracle Human Resources Management System
Companies use the ERP applications to control their back-office operations. For
example:
■ Oracle Order Management applications feature advanced configurator
functionality, global available to promise, flexible pricing support, efficient
delivery, high volume transactions and flexibility to adapt to changing business
conditions.
■ Oracle Supply Chain Planning applications provide the tools required to
optimize flow of material, cash, and information across the extended supply
chain.
■ Oracle Manufacturing applications support all styles of manufacturing -
engineer-to-order, discrete, process, flow, lot based, and project based
manufacturing.
■ Oracle Financials provide solutions for strategic planning, accounting, treasury,
project management, and travel management.
■ Oracle Human Resources Management System is a comprehensive solution for managing a company's human resources, allowing organizations to attract, retain and develop critical skills and knowledge on a global basis.
Common Application Architecture
The Common Application Architecture includes functionality that supports both
CRM and ERP applications. For example, TCA, Oracle's Trading Community
Architecture, consists of a database schema and Application Programming
Interfaces (APIs) where you can model the complex relationships that occur within
a business community and enter that data consistently throughout the enterprise.
Because the model is not hierarchical, Oracle applications can model complex
B2B2C relationships and not to be limited to either a B2B or B2C implementation.
TCA delivers a 360-degree view of the customer.
* Some of the data has been taken from www.oracle.com so as not the change the context, for more information on oracle products please visit Oracle site.
*ERP –
*SCM – Supply Chain Management
*CRM – Customer Relationship Management
thanks for the info.
ReplyDeleteReally nice article... COuld you please suggest us I am a beginner in this HRMS, how to start and any training is need to take. Thanks in advance..
ReplyDeletethis is very nice article and very good information for Oracle Learners. our Cubtraining also provide all Oracle Courses
ReplyDeleteAmazing post thanks for sharing HRMS
ReplyDelete