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HR with Oracle
Fusion HCM
Analytics
Gain visibility into employee performance,
productivity, retention, turnover, and compensation
Forward-looking human resources (HR)
leaders have become strategic advisors to
the business, charged with retaining talent,
guiding employees into challenging roles,
and supporting the primary workforce
objectives of the enterprise. Analytics
makes it all possible. Companies that use
Oracle Cloud ERP,
Oracle Cloud HCM,
In this brief you will learn how Our evolving family of cloud
to maximize your Oracle Cloud solutions includes ready-to-use and other Oracle
Human Capital Management dashboards, reports, and key
(HCM) data to identify high- performance indicators (KPIs)
Cloud Applications
performing employees, maximize that empower HR professionals can jump-start their
staff productivity, retain talent, to interactively explore Oracle
and mitigate HR costs. It’s all Cloud HCM data in a self-service
analytic endeavors
made possible by a new cloud environment, powered by with Oracle Fusion
solution called Oracle Fusion machine learning technology.
HCM Analytics, a fundamental Analytics.
component in the Oracle Read on to learn how you can
Fusion Analytics family. jump-start your analytic efforts
and move your HR team into more
strategic, insight-driven roles.
Fast insights from HR data
Most companies have invested Today’s HR professionals need Create an insight-driven enterprise
years of effort into rolling out to move beyond tactical data
enterprise software applications with recruiting, onboarding and
to run their businesses. They managing benefits, and focus
want to use the data from these on analyzing. Oracle delivers the Monitor
applications to generate insights, insights they need to analyze Ready-made performance Augmented
but they don’t want to get mired workforce diversity, mitigate workforce KPIs, analytics let you
in lengthy projects that require employee attrition, understand content, and data predict trends
complex data models, custom- employee retention trends, analyze models ensure fast and automate
developed interfaces, and highly compensation ratios, and perform time to value HR processes
Leverage
skilled IT professionals to guide many other essential activities. connected
the effort. insights
As a managed cloud solution, Self-service Predictive workforce
Align Explore
Line-of-business managers, it’s quick, affordable, and easy data discovery decisions possibilities insights help you
executives, and analysts who to get started. promotes broad foresee outcomes and
want to move beyond the usage by the ensure that strategic
standard reporting in Oracle HR team goals are met
Fusion Applications can use the
cloud offering to immediately
analyze their HCM data.
Oracle Fusion HCM Analytics
complements and extends
the reporting capabilities
embedded in the Oracle Cloud
HCM application—and takes Line managers Analysts Management Executives
these reporting capabilities
to the next level.
Instant answers
to your questions
With most popular business intelligence (BI) and Maximize the Value of Accelerate time to value Customize the solution
data visualization tools, if business users want new your Oracle Cloud HCM data with packaged analytics to meet unique business needs
data, dashboards, or KPIs, they must wait for the
IT team to create them. Oracle Fusion Analytics • Utilize ready-made KPIs to monitor • Utilize a ready-made data pipeline • Improve collaboration by combining
allows you to obtain valuable insights from all your your business performance. to load your application data. SaaS data with other sources,
enterprise data right away. The entire solution including data from third parties
is ready made so you can get started with HCM • Power deeper analysis with • Lower costs and boost productivity with and external suppliers.
analytics quickly—and obtain new insights that ready-made dashboards and reports. ready-made dashboards and reports.
you didn’t have before. In addition, you have the • Streamline collaboration with cross-
• Extend analysis even further • Discover new insights with built-in department insights and workflows.
flexibility to create your own KPIs. You can even
using the ready-made data model. machine learning and data science tools.
add data from finance, supply chain, marketing,
• Adapt cross-functional data sources.
and other sources to conduct cross-functional
analysis in response to unique business needs.
Actionable insight for executives, managers, and analysts
Every worker is a potential decision-maker, yet most decision-making tools are only available
to a select number of highly trained experts. Oracle Fusion HCM Analytics makes analytics
accessible not only to HR analysts, but also to executives and line-of-business managers,
from the CHRO right down to the HR staff.
With our new data analytics solution, you don’t have to gather, prepare, or transform your
application data. Your technology team doesn’t have to spend time tuning SQL queries, Oracle Fusion HCM
installing software patches, or backing up data—all that is handled for you. The solution is
tightly integrated with Oracle Cloud HCM to complement your current reporting initiatives. Analytics makes
And because the analytics are derived from clean, accurate, governed data, you obtain analytics accessible
business information in a form that you can use right away—with consistent output everywhere.
not only to HR analysts,
Share data and insights across business functions but also to executives
Having complete and accurate workforce Our solution not only prepares your HR data and line-of-business
data is a key advantage when HR must for instant access, but also pulls in related
pivot quickly to accommodate unexpected data from finance, supply chain, and other managers, from the
situations, such as when a storm, epidemic, sources to help you understand how your CHRO right down
or natural disaster forces the closure of decisions impact the rest of the organization.
a primary facility or prevents employees A universal data security framework ensures to the HR staff.
from getting to the office. Having insight that job roles, permissions, and access
into employee data—coupled with related restrictions are consistently applied, so users
information about revenue, costs, and, can only see data they are entitled to see.
supply chain activities—is key to keeping
the workforce productive.
Put analytics on auto-pilot
With Oracle Fusion HCM Analytics, HR leaders can decide which KPIs
to track based on what is important to them. It’s easy to track workforce
developments, employee performance, and HR trends by monitoring
values in dashboards and reports. HR pros can define additional
metrics, set alerts, and collaborate with others.
Embedded machine learning algorithms automatically find trends
and correlations in your data. There’s no need to program anything or
set up complex rules; the machine learning system makes discoveries
on its own. Natural language processing (NLP) and natural language
generation (NLG) technologies enable conversation-style analytics
that everyone can understand.
A deck that shows eight pre-built KPIs related to headcount, retention, tenure,
compensation ratios, and other HR metrics.
Drill into detailed
HCM data
Arranging a deck of KPI cards in a logical fashion Top Talent Retention is 100% of Target or higher Top Talent Retention Our customizable analytics can
Filters
makes it possible to simultaneously monitor multiple 100%
be modified to match specific
HCM metrics, as well as navigate to additional Warning
75% 90% Target Value
roles and responsibilities.
2019Q4
information when you want to learn more. 85%
Top Talent Retention is between 85-100% of Target
Customizable decks can be used
for day-to-day oversight, team
Critical
Performance
monitor key data points Medium 81% 65% 52%
The KPIs can be personalized
Low 67% 78% 84% via easily changeable settings,
Low Medium High which help create customized
Potential
visualizations, filtering, alerts,
Each analytic deck offers a high-level view while also T 2019Q4 period comparisons, and targets.
helping your team to drill into lower levels of detail.
Each deck tells a story, and each
All KPIs are configurable, allowing users to set up
individual can decide what that
alerts based on customizable thresholds. Red, yellow, Cancel Reset Save
story should include.
and green icons indicate when critical thresholds are
reached and exceeded. For example, the following
screen shows that an alert will be issued when
the Top Talent Retention metric drops below 85%:
Monitor, explore, act
65% 77%
note an anomaly and want to explore
Value or
further, they can determine the cause of Target
compare to target
with a few taps or clicks. This allows
your HR team to not only monitor
progress on an objective, but also Trend Q4 2019 +1.3% QoQ
to pinpoint specific information
and take proactive, corrective action.
67% 92% 65%
Performance
Name: Top Talent
Total Workers: 32%
Visualization 81%
Retention: 65%
77% of Target
Potential
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