TIME AND LABOR
Oracle HCM Cloud Time and Labor is a feature of Oracle’s wider Human Capital Management (HCM) suite. It can be used to help organizations efficiently manage their time and attendance, streamline their payroll processes, and improve compliance with labor regulations.
Time and Labor in Oracle HCM Cloud includes features like automated workforce time tracking, streamlined payroll processing, and compliance monitoring tools. It can be used to record employee punch ins/outs, track each team members working for hours, and ensure compliance with labor regulations. Oracle HCM Cloud Time and Labor also helps organizations to manage employee absences, such as vacation, overtime, and personal leaves. Additionally, it provides comprehensive reporting capabilities to help managers and administrators to monitor and spot processes and changes.
By optimizing their time and labor processes, Oracle HCM Cloud helps organizations to reduce their payroll processing time, reduce errors and inconsistencies, and maximize efficiency and productivity while meeting compliance requirements.