With Oracle Modern Best Practice, you can streamline accrual processing and regulatory compliance using mobile, social, analytics, and the cloud. Create accrual policies that balance employee needs with employer goals. Monitor trends to ensure employee and associate productivity and business performance. Enable managers to focus on more important tasks.
Ensure compliance to regulations and corporate policies using insight-driven definitions of accrual plans, types, and categories.
Configure different accrual and entitlement criteria, eligibility rules, and accrual definitions.
Optimize employee and associate accrual entry through self-service dialogues and configured accrual types that are accessible from any mobile device.
Calculate balances throughout the year to provide accurate information on accrual balances for employees, associates, direct management, and leaders.
Analyze accrual trends to provide organizational continuity guidance.