1. Oracle’s HCM Cloud enables better workforce management. 2. It provides personalised employee experience and helps them leverage highly configurable workflows that offer scalability and localisation. 3. Mobile app and HR conversational chatbots have enabled employee retention and maximized employee experience. 4. HCM Cloud with RPA handles repetitive tasks, reducing manual errors. 5. Experimentations with FR-enabled attendance systems are going on.
Data-driven recruiting uses facts, stats to make better hiring decisions. AI tools can schedule interviews, and can also ease, sometimes even automate video interview process. It increases efficiency, saves time and costs. Finding high-quality candidates also becomes easier. Big Data coupled with AI can enhance customer acquisition, job hoards, candidate engagement, experience etc. Large data sets enable quality-testing of recruiting channels.
The coronavirus outbreak has fast-tracked digitalisation in HR management like never before. Experts claimed a 30% rise in demand for HR-related tech during the last 40 days alone. Demand for productivity-related platforms is an all-time high. Digital tools to check employee’s sanitation and health protocols, live sessions or pre-recorded training sessions and AI-enabled chatbots for pandemic-related queries to reminding employees of deadlines are in demand.