Oracle's one-stop shop for human resources info

Oracle today announced a new human resources application in its e-business line that targets midsized companies.

Part of the Oracle FastForward line of products and services, the company said its new HR Web-based application provides and creates one central storage system for all HR information, eliminating the need for current disparate systems and improving information, access.

Oracle said it will have the new HR offering up and running for midsized businesses in 45 business days or less.

Announced at the Spring IHRIM (International Human Resource Information Management) show in Salt Lake City, Oracle's new HR offering includes the self-service HR Advantage Pack, an additional component that provides self-service functionality for employees. Through the self-service component, employees have access to their personal information, so that managers can become more self-sufficient in directly managing employee-based transactions, such as hiring and approvals.

In addition, the self-service product enables the HR department to focus on lowering costs rather than managing administrative tasks and manual processes, the company said.

The new offerings will run on Oracle 11, the company's ERP software package, and will include implementation consulting services, support, and education.

In April, the company had released its first suite of e-commerce applications targeted to the midsized business--FastForward Internet Procurement. Just last week, Oracle had unveiled a budgeting application called FastForward Budgeting, another Web-based application intended for midsized business that helps automate budgeting tasks and assist in financial forecasting.

Pricing for FastForward Human Resources starts at $172,000, the company said.

[Sibleyhaley]

Professional Employer Organization

Hi,

Thanks for writing such a great article. It?s really good to know about HR in such a detail. There are many companies reeling under pressure in the last two years, due to the global economic downturn. And it has become absolutely necessary for companies in every business to look at cost cutting measures.

Many successful companies, irrespective of size, have been smartly becoming a PEO. What does PEO mean? It means Professional Employer Organization. It is an integrated and cost effective approach to the management and administration of the Human Resources of the Organization.


HROPlus.com provides high quality outsourcing service and also getting professional employee. If you are finding the best Human resource Outsourcing service then you can count on this as the best service you can get with reachable price. Outsourcing is the new way of hiring people without maintaining about entire welfare of the employee. The company only pays to the outsourcing company and then any problem that occurs related to employees is responsibility of the outsourcing company.


Thanks,
- Sibley

[Sibleyhaley]

Hi,



Thanks for writing such a great article. It?s really good to know about HR in such a detail. There are many companies reeling under pressure in the last two years, due to the global economic downturn. And it has become absolutely necessary for companies in every business to look at cost cutting measures.

Many successful companies, irrespective of size, have been smartly becoming a <a href="http://www.hroplus.com/peo.html"> PEO </a>. What does PEO mean? It means Professional Employer Organization. It is an integrated and cost effective approach to the management and administration of the Human Resources of the Organization.



HROPlus.com provides high quality outsourcing service and also getting professional employee. If you are finding the best Human resource Outsourcing service then you can count on this as the best service you can get with reachable price. Outsourcing is the new way of hiring people without maintaining about entire welfare of the employee. The company only pays to the outsourcing company and then any problem that occurs related to employees is responsibility of the outsourcing company.



Thanks,
- Sibley