Oracle releases HCM Cloud updates, supports HR best practices

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Oracle announced today enhancements and new features in the Oracle Human Capital Management Cloud, released as part of Oracle Applications Cloud Release 10.

“To take advantage of all the changes that digital technologies enable in the workforce, organizations need to be able to quickly, easily, and cost-effectively take advantage of modern HR best practices,” said Chris Leone, Senior Vice President, Applications Development, Oracle. “The latest release of Oracle HCM Cloud is specifically designed to help global organizations embrace modern HR and includes a number of exciting new innovations, particularly in the work-life space, that will help our customers drive positive business outcomes across the enterprise.”

Updated capabilities include analytics, workforce optimization, performance management and position management.