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Oracle Fusion HCM Analytics

Oracle Fusion HCM Analytics is a prebuilt cloud native solution for Oracle Cloud HCM that provides human resource professionals with ready-to-use workforce insights to improve their decisions related to workforce diversity, employee attrition and retention, talent acquisition, compensation, and more. Oracle’s unique breadth and depth of combined analytics and application capabilities enable organizations to unify human resource analytics across different departments. Plus, HR teams can enrich their analytics beyond what Oracle Cloud HCM provides with additional data sources by extending the single, cross-functional data model and pipelines, and end user metrics without coding.

Prebuilt analytics for Oracle Cloud HCM

HCM insights from prebuilt analytics

Prebuilt, ready to use

-  Deploy in weeks, not months, with no coding required to achieve a rapid implementation.
-  Quickly assess and track key human resource (HR) performance indicators (KPIs) with more than 100 customizable, ready-to-use, best practice metrics, dashboards, and reports using Oracle Cloud HCM source data. Take an interactive product tour to learn more.
-  Eliminate time-consuming design, deployment, and integration tasks using a prebuilt data foundation from source applications. The native integration with Oracle Cloud HCM and prebuilt data model reduces errors and requires less time to deploy analytics. Learn more (PDF).

Unified and cross-functional analytics view

-  Eliminate data silos within the organization with a single extensible data model for analytics across Oracle Cloud HCM, Oracle Cloud ERP, and Oracle Cloud SCM.
-  Monitor business performance across different departments using prebuilt financial KPIs in a unified dashboard view. Learn more.
-  Easily include diverse sources of data into analytics with more than 50 native, self-service connectors to access other Oracle and non-Oracle data sources.

Secure and personalized user experience

-  Rapidly onboard new users with a shorter learning curve. Users and their roles are automatically imported from Oracle Cloud HCM with their respective metrics, and dashboards for their defined role, providing immediate familiarity.
-  Anyone can use machine learning algorithms to examine historical data and usage patterns to gain more accurate predictions. Natural language processing makes it easier and faster to query and retrieve information verbally or using search terms, further personalize the user experience.
-  Control and secure access to data based on role-specific permissions and controls that are defined in Oracle Cloud HCM. Eliminate the need for manual configuration and ensure personalized usage.


See a comprehensive view of the workforce

Get insights into employee headcount, hires, and transfers

Analyze headcount across multiple dimensions, such as job family, length of tenure, and top talent. Monitor headcount trends year over year by various categories, including age band and geography.

In-depth analysis of team effectiveness

Quickly perform organizational health checks by examining key workforce management metrics, such as span of control, gender ratio, compa ratio, employee retention, promotions, and average years of service.

Understand changing workforce dynamics

Foster workforce mobility and reduce attrition by analyzing internal transfers, reorganizations, and terminations over time. Understand the root cause of headcount gains and losses.

Sample prebuilt KPIs/metrics
  • Headcount, FTE, hires
  • Promotions rate
  • Headcount movement
  • Gain hire, transfer, promotion
  • Loss termination, reorganization
  • Assignment gain, hire
  • Span of control
  • Compa ratio

Enable a 360-degree view into the hiring process

Measure and track every stage of recruitment

Better understand candidate pipeline performance with access to automatically updated recruiting metrics, such as number of open job requisitions, volume of applications by business unit and geography, offers accepted and declined, and positions filled.

Improve recruiting performance

Increase recruiting operations efficiency across the entire organization with prebuilt KPIs, such as time-to-hire, fill rate, and time-to-fill across business units, departments, and managers.

Identify high performers early on

Capture the profiles of candidates most likely to become high-performing and longer tenured employees.

Sample prebuilt KPIs/metrics
  • Hires (referral, internal, etc.)
  • Talent yield
  • Drop-off rate
  • Offer acceptance rate
  • Hires to goal
  • Time to hire
  • Average time-to-fill
  • Requisition fill rate

Improve diversity and inclusion (D&I) initiatives

Track diversity indicators against organizational goals

Measure goals and analyze various dimensions of diversity, including employee gender, pay grade, ethnicity, tenure band, age band, and country of employment.

Understand diversity’s impact on satisfaction and performance

Study how diversity impacts employee performance by using trend analysis to measure productivity against D&I initiatives.

Analyze diversity demographics and trends

Ensure hiring and compensation equity by comparing demographic data, such as gender, veteran status, and other factors, when reviewing applications and offers.

Sample prebuilt KPIs/metrics
  • Female gender ratio
  • Average worker age
  • Average tenure
  • Manager gender ratio
  • Distinct worker nationalities
  • Distinct worker ethnicities
  • Percentage of workers hired above 60 years of age
  • Applications and offer diversity

Understand drivers of turnover and retention

Increase retention of top performers

Understand the factors that influence retention and affect voluntary attrition of high performers. Identify potential flight risks by analyzing performance and career growth potential against compensation and employee engagement level.

Gain comprehensive insight into turnover

Assess the factors that contribute to employee turnover, such as compensation, performance, geography, demographics, and tenure. Develop strategies to retain employees by monitoring prebuilt KPIs for different workforce segments, such as new hires or top talent.

Sample prebuilt KPIs/metrics
  • Terminations by voluntary, new hire, top talent
  • Turnover involuntary, new hire, high performer
  • Turnover by top talent compa ratio
  • Retention by FTE, new hire, top talent

Track performance, engagement, and goal attainment across the organization

Discover key patterns of top performers

Oracle Fusion HCM Analytics enables organizations to identify and retain top performers by understanding what motivates them. Also analyze performance by individual, team, or organization to uncover which employees may be a potential flight risk.

Measure alignment of performance with business goals

Track goal attainment to understand how well departments, business units, and regions have aligned performance goals with business goals.

Analyze employee engagement

Examine managerial engagement relationship to employee performance. Track check-ins between managers and employees to ensure on-time employee performance appraisals, monitor progress, and improve intradepartmental communications.

Sample prebuilt KPIs/metrics
  • Overall worker rating
  • High performers
  • High potential employees
  • Manager section rating
  • Incomplete performance appraisals
  • Performance rating distribution
  • Delayed performance tasks

Advantages of prebuilt Oracle Fusion HCM Analytics

  Oracle Cloud HCM
 

With Oracle Fusion HCM Analytics

With third-party tools

Prebuilt capabilities
More than 100 ready-to-use best practice KPIs/metrics, dashboards and reports
available
not available
Native integration with Oracle Cloud HCM
available
not available
Fast performing prebuilt analytics data model
available
not available
Rapid implementation—no coding required
available
not available
Incremental updates based on Oracle Cloud HCM releases
available
not available
Inherited role-based security from Oracle Cloud HCM
available
not available
Single shared data model for Oracle Cloud Applications, including ERP, HCM, and Supply Chain Management (SCM)
available
not available
Extensibility capabilities
Self-service tools to create custom visualizations and report creation
available
available
More than 50 native self-service connectors to diverse data sources
available
incomplete
Machine learning and predictive analytics available to everyone
available
incomplete
Insights from natural language processing
available
incomplete

Available

Incomplete offering

Not available
March 23, 2021

How to Build a People Analytics Foundation to Create a Healthy, High-performing Company that Scales

Manisha Gupta, Senior Director, Product Management, Analytics Apps for HCM, Oracle Analytics Applications (OAX)

So you want to build a healthy, high-performing company, and you want to make sure that your company is built so it can scale. When you think about all the critical components of construction, it’s important to remember the most crucial element: people…

Fusion HCM Analytics offers

Synlait directs HR diversity initiatives with Oracle Fusion HCM Analytics

Ebook: Oracle Fusion HCM Analytics

Cloud Essentials: Empower HR

Combine Finance and HR Insights

Get started with Fusion HCM Analytics


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