Human Capital Management: Benefits Cloud
Human Capital Management: Benefits Cloud
In order to remain competitive in a dynamic market, organizations need to deliver benefits plans that satisfy their unique requirements, such as targeting different segments of the workforce with different benefit packages. Oracle Benefits, part of Oracle Fusion Cloud HCM, is a global, rules-based benefits application that empowers organizations to manage benefits programs that meet their unique requirements and help attract and retain talent.
Prerequisites
- Participants must have prior experience of implementing any HCM Applications (Oracle or non-Oracle)
- Participants must have attended Human Capital Management: Global Human Resources Cloud workshop
Course Offering
This 3-day workshop will train you how to implement common end-to-end processes associated with Oracle Benefits Cloud and relevant technical capabilities. These sessions are implementation focused and will be supported by use cases, best practices, tips & tricks, cut over / migration activities, and hands on labs.
Business Flows and Use Cases
- Benefits to Payroll Flow
- Benefits Structure (Programs, Plan Types, Plans, Options)
- Benefits Hierarchy Design & Best Practices
- Key Considerations for different types of Benefits
- Payroll Deduction
- Direct Bill participants
- Automatic Life Events Processing Flow
- HR > Benefits > Payroll Flow
- Person Data Changes & Life events
- Resolve Multiple Life Events to One
- Life Event Statuses
- Best Practices for different Life Events
- Minimize Administrator’s intervention
- Benefits Open Enrollment Process
- Scoping & Timeline
- Open Scheduled Event, Enrollment Period
- Intervening Life Events
- Reinstatement Rules
- Configuration Migration to other Environments
- Data Migration from Legacy System & Best Practices
- Outbound Integrations to Benefits Carriers
Product Features covered as part of the above
- Eligibility Profiles, Derived Factors, Elements
- Benefit Structure & Hierarchy
- Life Events, Eligibility & Enrollment rules
- Standard & Variable Rates & Coverages
- Benefits Service Center
- Integration Options
- HCM Data Loader
- Fast Formula
Workshop Format
- Approximately 4 hours per day of live use-case discussions, presentations & demos followed by off-line hands-on labs.
- Participants will be provided with access to environment & supporting content including Presentations, Lab guides etc.
- Live Q&A chat with the presenters during the presentations. Off-line forum support through Oracle Partner Communities.
- Participants can bring and discuss specific use case scenarios with product experts.
Expected Outcome
- Participants will learn how to implement Oracle Benefits Cloud.
Instructors
Chaitanya Choudem
Additional Details
Registration information
Registration: This event is restricted to active OPN Members. In order to enroll for an event, you will be required to sign-in using your Oracle single sign-on account that is registered to your OPN Company Profile. If you do not have an Oracle account that has been registered to your OPN Company Profile, please create & setup your account from the Oracle Partner Store. Note: Only business email addresses are accepted for event registration. Please use your business email when setting up your Oracle account.
Event fee: No fee for active Oracle PartnerNetwork members.
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If you have questions regarding this event please contact the Partner Assistance Team.