Course Overview
This Oracle HCM Cloud Benefits training provides implementation, configuration and management training of the HCM Benefits product for your enterprise. Through interactive instruction and hands-on exercises, you will expand your knowledge and ability to use this solution to benefit your business.
Learn To:
- Use Oracle Fusion Functional Setup Manager to implement Oracle Fusion Benefits.
- Create benefit programs, plans, plan types and options.
- Use spreadsheets to manage benefits data.
- Define life events and eligibility for the benefits that you create.
- Manage benefit rates and coverage.
- Process life events and manage enrollment activities.
- Configure an open enrollment period and manage enrollments.
Benefits to You
By taking this course, you will develop the skills to:
- Execute a smooth, rapid implementation of Oracle Fusion Benefits.
- Better understand the configuration options to make improved decisions during your implementation.
- Optimize the setup of your organization's benefits program and perform critical functional tasks to effectively manage enrollment activities and other life events.
Oracle Fusion Human Capital Management and Oracle Fusion Functional Setup Manager Security
The knowledge you acquire in this course will help you understand how Oracle Fusion uses job and data roles, role inheritance and security privileges to secure application functionality and data access.
Oracle Fusion Benefits Implementation
Configure and manage life events, benefit programs, and plan types and options. Configure plan rates, coverages, enrollment display and open enrollment. Configure flex credits for offerings.
Test Your Implementation
Enroll workers (as a participant and administrator) in the offerings you set up, and view enrollment results. Run batch processes. Start an open enrollment period, make enrollments, view flex credit usage, and complete action items. Process intervening life events during the open enrollment period.
Please Note
This course is relevant for any customers using Fusion Applications through Release 11.1.12. It's beneficial for both Oracle Cloud and on-premises deployments.
Who should attend
- Configuration Implementer
- Implementation Consultant
- Technical Consultant
- Functional Implementer
- Technical Administrator
- Configuration Consultant
Course Objectives
- Create collapsing life event rules
- Configure flex credits
- Identify the key concepts of Oracle Fusion Benefits that determine a successful implementation
- Review security reference implementation data for benefits and describe key security concepts
- Implement Oracle Fusion Benefits using Functional Setup Manager
- Create benefits groups and configure default benefits relationships
- Create eligibility profiles
- Configure life events
- Manage benefit year periods, plan types, and options
- Create benefit plans and programs
- Manage benefit coverage and rates
- Configure enrollment display
- Validate your implementation by enrolling in your plans through self service
- Detect and process life events, make related enrollment elections, and view enrollment results
- Set up benefits extracts, extract and transmit data to plan carriers
- Prepare for and manage an open enrollment period
Course Content
- Oracle HCM Benefits Course Overview
- Benefits Overview
- Functional Setup Manager: Enabling Offerings for Initial Use
- Define Benefits Eligibility
- Define Benefits Life Events
- Collapsing Life Events
- Effective Dating in Benefits
- Manage Benefit Plan Types and Options
- Create Benefit Plans and Programs
- Manage Fast Formulas for Benefits
- Manage Benefit Rates and Payroll Elements
- Manage Benefits Plan Coverage and Variable Profiles
- Define Plan Type Groups and Configure Enrollment Display
- Maintain Benefits Enrollments Overview
- Self-Service Enrollment
- Maintain Benefits Enrollments Using the Enrollments Work Area
- Define Benefits Extracts
- Maintain Benefits Enrollments Using the Evaluation and Reporting Work Area
- Configure Flex Credits
- Prepare for and Manage an Open Enrollment Period
- Benefit Reports