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.
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.