Oracle Fusion HCM Online - Oracle Fusion HCM Training in Ameerpet
                     Oracle Fusion HCM
WHAT IS THE 
BENEFIT 
MODULE IN 
ORACLE FUSION 
HCM?
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Introduction
 The Benefits Module in Oracle Fusion HCM (Human Capital Management) is the part of 
the system that helps organizations manage employee benefits — like health insurance, 
retirement plans, life insurance, and other perks — in a centralized, automated, and 
compliant way.
 Here’s a simple breakdown of what it does:
 Benefits Enrollment: It lets employees enroll in benefits during events like new hire, open 
enrollment, or life changes (like marriage, having a baby, etc.).
 Eligibility Management: It automatically figures out which employees are eligible for 
which benefits based on rules you set (age, job type, location, etc.).
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What is Oracle Fusion Benefits?
 Oracle Fusion Benefits is a cloud-based solution within the Oracle 
Fusion HCM suite that helps companies design, manage, and 
administer employee benefit programs — things like medical 
insurance, dental plans, retirement savings, wellness programs, and 
more.
 Here’s a clearer way to think about it:
 It automates the entire benefits lifecycle — from employee 
enrollment to carrier communication to compliance reporting.
 It supports global and local benefits, meaning you can handle 
benefits for employees in different countries, each with different 
rules.
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Key Features
 Employee Self-Service  Core Capabilities
 Create and manage a wide variety of 
 Employees can enroll in benefits benefit plans (medical, dental, vision, 
during: retirement, wellness, etc.).
 New hire onboarding  Support for different plan types: 
 Open enrollment periods traditional, flex, spending accounts, 
 Life events (marriage, birth of a and voluntary benefits.

child, divorce, etc.) Define eligibility, rates, coverage 
levels, and enrollment rules without 
coding
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Why Organizations Need a Benefits 
Module
 1. Efficiency and Automation
 Manual benefits administration is time-consuming and 
error-prone.
 A Benefits Module automates enrollments, eligibility 
checks, life event processing, and vendor communications, 
freeing up HR teams for more strategic work.
 2. Compliance and Risk Management
 Benefits laws (like ACA, HIPAA, COBRA, etc.) are complex 
and constantly changing.
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Automation and Efficiency
In Oracle Fusion Benefits, Automation and Efficiency are two of the biggest advantages — 
here's how they work together:
  Automated Eligibility Evaluation
 The system automatically checks which benefits each employee qualifies for, based on 
rules like job role, age, location, or service date.
  Auto-Triggered Life Events
 When an employee reports a change (like marriage or a new baby), the system 
automatically triggers enrollment windows and sends notifications.
 Streamlined Open Enrollment
 Bulk open enrollment events can be scheduled, opened, and closed automatically.
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Regulatory Compliance
 In Oracle Fusion Benefits, Regulatory Compliance is 
a major pillar — helping organizations stay within the 
law, avoid penalties, and protect employee rights.
 The system automatically tracks required 
information (like employee eligibility dates, coverage 
periods, enrollment choices).
 Generates standard regulatory reports (e.g., ACA 
1095-C forms in the U.S.) without manual data 
gathering.
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Global Benefits Management 
In Oracle Fusion Benefits, Global Benefits Management means the ability to design, manage, 
and deliver benefits programs across multiple countries — all within a single system.
1. Multi-Country Support
•Supports benefits programs for employees in different countries, each with their own local 
laws, currencies, languages, and cultural needs.
•HR teams can set up country-specific plans (like government-mandated health insurance in 
Germany or provident funds in India).
2. Localization and Flexibility
•Localizes everything:
• Language (employees see benefits in their local language)
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For  More  Information  About  
Oracle Fusion HCM 
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Encllave,  Ameerpet,  Hyderabad-16
Ph.  No  :  +91-7032290546
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E-Mail    :  [email protected]
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THANK YOU
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