Transforming Human Capital Management

Oracle HCM for Financial Services

Oracle HCM for Financial Services unifies HR processes, ensuring global consistency and streamlined talent management. It leverages AI to optimize recruitment, drive employee engagement, and foster career growth. With a single data source, it improves decision-making and supports compliance with regulations like GDPR. Oracle HCM aligns employee goals with business priorities, promoting a customer-focused culture. It also enhances workplace safety and productivity with simplified case management for incidents.

Transform Talent Management

Why Choose Oracle HCM for Financial Services?

Leverage Oracle HCM to streamline HR processes, improve employee satisfaction, and maintain compliance—all within a unified, cloud-based platform designed specifically for financial services.

Adapt Your Workforce to a Digital Future

Oracle HCM enables financial services organizations to unify HR processes and employee experiences across the entire employee lifecycle. With a single data source, you can create global consistency while configuring workflows to meet your specific needs and localize user interfaces. Adapt HR practices for a modern workforce and manage people processes more efficiently, from hire to retire.

Streamlined Onboarding and Career Growth

Quickly onboard new employees and keep them engaged with personalized, contextual, and accessible experiences. Oracle HCM offers tools for career development, ensuring your people can easily find answers, track progress, and grow within the organization. From day one, foster a workplace culture focused on long-term growth and employee success.

Find and Retain Top Talent to Drive Change

Oracle HCM helps you identify and hire candidates who align with your business needs and culture. Simplify the recruitment process with AI-guided assistants that answer questions instantly, and automatically recommend the best-fit candidates. Leverage data-driven insights to streamline hiring, ensuring you build a workforce that drives transformation and accelerates business change.

Optimize Decision-Making with a Single Source of Truth

In the complex world of financial services, Oracle HCM centralizes HR data, providing a consistent approach to workforce decisions. Whether your workforce is regional or global, Oracle HCM helps streamline planning, restructuring, and HR operations, enabling you to make better, data-backed decisions quickly, regardless of external conditions.

Develop and Nurture the Right Talent

Attract, identify, and nurture talent that supports your organization’s vision and goals. Oracle HCM empowers you to continuously develop employees through personalized career paths, skill development, and self-service tools. Forecast future talent needs, spot skill gaps, and ensure you are ready for growth and transformation in the financial sector.

Ensure Industry Compliance and Minimize Risk

Financial institutions face complex regulatory requirements. Oracle HCM helps automate data analysis and compliance workflows to meet data privacy regulations such as GDPR, as well as address insider threats like payroll fraud. Track certifications and training for key roles, ensuring your workforce meets all necessary compliance standards.

Foster a Customer-Centric Culture

In a rapidly changing financial services landscape, Oracle HCM enables you to build a customer-obsessed culture. Align employee goals with customer experience objectives and set performance metrics that reflect your organization’s top priorities. With Oracle HCM, you empower your workforce to drive exceptional customer service and satisfaction.

Enhance HR Efficiency with Conversational AI

Oracle Cloud HCM’s conversational interface helps employees get HR-related answers quickly, without human intervention. Empower your associates with easy access to information, reducing response times and increasing efficiency across HR functions.

Prioritize Employee Safety and Wellbeing

Oracle HCM simplifies workplace safety management by enabling employees to report safety concerns through their preferred channels. Ensure a secure and productive work environment by addressing workplace incidents promptly and proactively.

Streamline Financial Service HR

Why Choose Kovaion as Your Trusted Oracle Partner?

Partnering with Kovaion ensures you benefit from our vast experience and commitment to excellence in financial services. Here’s what makes us a trusted Oracle partner:

  • End-to-End Digital Transformation, with no upfront cost to the customer.
  • 1st in APAC to Implement Oracle HCM Cloud.
  • 1st Boutique partner on Oracle Cloud Excellence Implementer program.
  • 15+ years of experience as an Oracle partner.
  • Our team’s deep knowledge of Oracle Redwood enables efficient navigation of implementation complexities.
  • End-to-end support during your upgrade ensures teams are equipped to adapt seamlessly.
  • Agile methodologies are utilized for Oracle Redwood migration, allowing quick adaptation to changing needs and ensuring timely delivery.
Driving HR Innovation

Empowering Financial Services HR Leaders with Oracle HCM

Oracle HCM isn’t just a tool for everyday HR tasks; it’s a strategic asset for HR leaders in financial services. With Oracle’s enterprise-grade solutions, HR leaders can optimize talent management and improve operational outcomes across all branches.

Customizable Dashboards

Access key HR metrics, such as hiring times, retention rates, and payroll accuracy, to quickly address operational needs.

Data-Driven Insights

Utilize predictive analytics for talent acquisition, reducing turnover, and managing skill gaps for improved performance.

Regulatory Compliance Tools

Simplify compliance tracking and adapt to changes in labor laws with Oracle’s built-in compliance features.

Comprehensive Talent Management

From recruiting to development, Oracle HCM manages each phase of the employee lifecycle, aligning your workforce with organizational goals.

Enhanced HR Performance

Key Benefits of Oracle HCM for Financial Services

Unlock the potential of Oracle HCM for finance. With benefits like flexible workforce planning, enhanced employee development, and streamlined compliance, Oracle HCM empowers financial organizations to drive efficient operations and foster growth.

Flexible Workforce Planning

Develop adaptable staffing plans that respond to changes in demand and ensure optimized operations.

Enhanced Employee Growth

Empower employees with self-service tools for career exploration and learning, aligned with organizational goals.

Improved Compliance

Stay aligned with industry regulations and manage payroll accurately with a unified HR platform suitable for any financial institution.

A New Standard for Financial Services

Oracle HCM Redwood

Oracle’s Redwood interface brings a fresh, intuitive experience to workforce management. Redwood is designed to elevate user engagement with its personalized interface and embedded AI capabilities. It streamlines complex HR tasks, enhances data visibility, and provides actionable insights, making workforce management more efficient. From talent acquisition to employee development, Oracle HCM with Redwood offers a seamless experience tailored to the unique needs of financial services.

HR Operations with GenAI

Generative AI in Oracle Fusion Cloud HCM

Experience the power of Generative AI! Oracle Cloud HCM, enhanced by the user-friendly Redwood interface, integrates GenAI to boost productivity and create a secure work environment. This innovative technology provides features like assisted authoring, intelligent suggestions, automated summarization, and insightful workforce analytics. It transforms HR operations by enabling smarter decision-making, enhancing employee engagement, and optimizing operational efficiency. Experience how Oracle’s GenAI capabilities are shaping the future of workforce management in financial services with us!

Ready to Transform Your Financial Services Workforce?

Empower your financial organization with Oracle HCM and let Kovaion guide you on your digital transformation journey. Contact us today!