Tuesday, 23 October 2007

Oracle Advanced Benefits

In addition to the powerful compensation and benefit functionality included in Oracle Human Resources, Oracle also offers Oracle Advanced Benefits. Oracle Advanced Benefits enables the set-up and administration of a complete benefits offering for enterprises managing their own benefits administration.

Oracle Advanced Benefits delivers the following key functions:

- Pre and post–enrollment communications.
- Web and interactive voice response (IVR) enrollment for cafeteria and exceptions.
- Default and mass enrolments.
- Enrollment process monitoring.
- Life event management (for example, new hires, transfers, relocations or age changes)
- Web–based ‘what–if’ eligibility analysis.
- Flexibility spending account claims processing and reporting.
- Oracle Advanced Benefits provides a total compensation framework, setting the stage for exciting and new compensation solutions.