Introduction to Oracle Adv Benefits Training
Oracle Adv Benefits Training (OAB) is a module within the Oracle Human Capital Management (HCM) system that provides organizations with a comprehensive solution for managing their employee benefits programs. The module allows companies to automate and streamline their benefits administration processes, from open enrollment to claims management. It also provides employees with self-service portals to access and manage their benefits information. Training on OAB would typically cover topics such as system navigation, data management, open enrollment, and claims processing.
What is Oracle HCM benefits?
Oracle Human Capital Management (HCM) Benefits is a module within the Oracle HCM system that provides organizations with a comprehensive solution for managing their employee benefits programs. It allows companies to automate and streamline their benefits administration processes, including open enrollment, claims management, and compliance reporting.
The module includes features such as:
- Self-service portals for employees to access and manage their benefits information
- Automated enrollment and change management
- Automated compliance and reporting
- Integration with other Oracle systems, such as payroll and time and attendance
Oracle HCM Benefits also allows companies to manage a variety of employee benefit plans, including health, dental, vision, and retirement plans. Additionally, it offers cost modeling and budgeting capabilities to help organizations manage their benefit expenses.
Why Should I choose Lara Online Training?
- We provide Very in-depth course material with Real Time Scenarios for each topic with its Solutions for, Oracle Adv Benefits Online Training.
- At Lara, we provide case studies in real-time applications with a professional explanation.
- We do Schedule the sessions based upon your comfort by our Highly Qualified Trainers and Real-time Experts.
- Class recordings are available immediately after the session for future reference.
- We do Normal Track, Fast Track, and Weekend Batches for Oracle Adv Benefits Online Training.
- We assist you with cost Effective and Flexible Payment Schemes.
- At Lara, we provide Placement Assistance.
- We provide Assessment and Mock Interviews
Overview of Implementing Advanced Benefits
Introducing Advanced Benefits
Reviewing a Sample Implementation and Enrollment
Following the Implementation Steps
Life Events
Defining Life Events
Defining Collapsing Life Events
Linking Life Events to Compensation Objects
Benefits Enrollment Requirements
Introducing Enrollment Requirements
Defining Program and Plan Enrollment Requirements
Defining Action Items and Certifications
Managing Suspended Elections and Interim Coverage's
Dependent and Beneficiary Designation
Dependent Coverage Eligibility Profiles
Dependent Designation Requirements
Beneficiary Designations
Activity Rates and Coverage Calculations
Defining Variable Rate Profiles
Defining Coverage Calculations
Defining Actual Premiums
Setting up Benefits Elements
Defining Standard Contributions and Distributions
Flex Credits and Benefits Pools
Defining Flex Credits
Defining Benefits Pools
Benefits Communications
Defining a Communication Type
Online Benefits Services
Setting up the Benefits Service Center
U.S. Benefits Regulations
Setting Up Imputed Income Plans
Introducing COBRA
Defining COBRA Programs and Plans
Defining COBRA Life Events and Eligibility Profiles
Defining COBRA Activity Rates
Generating HIPAA Certificates
Benefits Enrollment
Running the Participation Process
Managing Life Events
Enrolling Participants
Covering Dependents and Designating Beneficiaries
Reviewing Enrollment Results
Total Compensation Setup Wizard
Using the Total Compensation Setup Wizard
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