Oracle Cloud HCM 24D Release: What’s New?

October 24, 2024

/Iffat Ara Khanam/

Does your organization use Oracle HCM Cloud? Are you aware that Oracle’s 24D release is almost upon us! The tentative release date for Oracle 24D HCM is November 2024. The latest features, fixes, and enhancements for your environment are guaranteed by these required quarterly releases.

This blog will provide a high-level summary of the new features introduced in the Oracle HCM 24D release. We’ll talk about why thorough testing is critical for the Oracle 24D version rollout and how Opkey’s No-Code test automation solution can deliver a quick and easy update certification.

Oracle HCM 24D New Features and Updates

Global Human Resources

• Journeys
• Edit Task action can be directly used to edit the assigned journey task from the My Tasks tab
• The expiry duration of a journey task can be set up on the task setup page to a maximum of 365 days
• Learn Enrollment and Learn Community task types can be created when you create or edit a personal journey or edit an assigned journey from the Journeys app.
• Redwood experience
• New pages developed using VBS
• Document Types Page
• Document Type Delivery Preferences page

Benefits

• Redwood experience - Following pages has been recreated in Redwood VBS without changing the functionality of the page
• Self-Service Benefits Self Report a Life Event Page
• The Benefits Service Center Benefits Billing page
• The Benefits Service Center Court Order page

Compensation

• Workforce compensation can now use Standard working hours information from Global HR Standard Working Hours
• Redwood experience
• Pages recreated in Redwood
• Administer Compensation page
• View Compensation Page History
• Individual compensation Plan page
• Compensation info Page
• Change Salary Page
• Attachments can be maintained on the Redwood Individual Compensation pages and in the actions

Talent Management

• Profile Management
• Through AI assistance, HR admin can now define summary, description, responsibilities, and qualifications for job and position profiles
• AI will also help in writing relevant and effective feedback
• Goal Management
• Canceled performance goals can now be revoked and added again in Redwood version. Also, users can create a goal by copying the cancelled goals
• Managers can view and manage both the performance and development goals of their team members using the Team Goal Center in Redwood version
• Users can include any of these target outcomes that have been subscribed for Goal Management while creating or updating the goal in Redwood version
• Performance Management
• Managers can use Artificial Intelligence (AI) assistance to quickly generate overall summary comments for an employee based on participant feedback, anytime feedback, or their own comments
• Managers can streamline their evaluation tasks using the new Evaluate Performance page recreated in Redwood VBS

Recruiting

• Users can select one or more job categories and have the system automatically create category tiles on the splash page, corresponding category landing pages through AI
• A new element, Job Fit Metrics Bar, can be added. This will increase the quality of job posting as candidates receive immediate information on how well their skills, experience, education, and domain of expertise match the job requirements
• Links to external assessments and background checks available in the Candidate Self Service area will now open in a new tab on both mobile and desktop devices
• Enhancements has been made to internal candidate experience skill with
• Ability to view interview schedules
• Ability to exit conversation at any time
• Enhanced job search
• Administrators will now have the ability to display small, medium, or large buttons in the edit content section of “Recommended jobs based on Resume “
• Oracle Maps as introduced in the 23D update has replaced Google maps and Bing Maps
• Oracle now provided templates for career site that can be imported
• Completed Status can now be viewed in the interviews tab of the job application after the candidate interview is completed
• As an administrator, you can configure the contents of the .ics attachments and Office 365 calendar events provided for scheduled interviews
• A new field “Interview title” has been added in the basic information in Create interview Schedule

Learning

• Learning Items that need to be completed or revisited later can now be bookmarked by adding them to an HCM Journeys task list
• Learning recommendations to learners can be automated based on the skills:
• Added to the ‘Skills I’m developing’ section in their Skills Center
• Popular with managers and peers
• On viewing instructor led activity where Microsoft Outlook integration is turned on, you will be notified when you try to do something yourself that the integration handles
• Learners can immediately see if they already have an enrollment for a learning item on their search and browse learning pages
• Badge color codes under My Learning have been changed and now are more informative

Absence Management

• Users now have the option to configure absence plans to either accrue at the start of a repeating period or the end of a repeating period using a new Accrue on option
• An enhanced error message has been delivered to help the administrator locate the absence in error. The message now displays the absence type and start date
• Assignment number along with the business title will be displayed during an absence transaction on Redwood pages for absence entry, absence bidding, donations, and disbursements

Time and Labour

• Attestations have been enhanced that ensured workers provide all required information when they update and resubmit a timecard for approval
• Enhancements have been made to timecards so that you can view any attestations in a dedicated Attestations panel drawer
• Time and Labor’s delivered approval tasks have been updated to display additional information that should be useful to complete the approval task

Payroll

• Users can override the calculation values defined for your legislation at the Legislative Data Group (LDG) level
• Users can retrieve information for value definitions and range items using the supplied database views
• The system will upload only the updated absence entitlement information into the Payroll application, when you update an absence entitlement record that’s entered on a time card using Oracle Time and Labor
• Access to elements can be secured and limited using the HCM Data Roles and the new Element Security Profiles task flow
• Payroll cost results can be distributed to the Project Financial Management offering using labor schedules
• Users can now change the status of cancelled flow to Mark flow to Mark for Retry or Roll Back
• Users can now search bank using the branch identifier on the personal payment method page
• Oracle Payroll Core will allow to extend payroll to some additional countries that Oracle does not deliver.

How Does Opkey Help?

We are aware that Oracle HCM clients will only have two weeks to verify that these changes won’t have an adverse effect on their ongoing business processes. This can be difficult, but test automation is already changing the way firms test, reducing quarterly update cycles from weeks to three days.

Opkey’s managed Oracle Cloud certification will assist you with the Oracle HCM Cloud 24D update testing.

Here’s how we accomplish that:

• Quickly deploy our pre-built accelerator library, which contains over 7,000 Oracle Cloud business components and test scripts for various HCM modules.
• Prior to updates, Opkey provides a detailed advisory document explaining the specific changes that might be expected.
• Our Impact Analysis reports reveal important changes that need to be evaluated by comparing processes as-is and to-be.

Case Study

See how Northwell Health could cut their Oracle HCM Cloud implementation time by 2 months and save $1.2 million.

Iffat Ara Khanam

Technical Content Lead

Iffat is the content lead at Opkey. She has expertise in writing technical content focused around ERP testing, Cloud apps, automation and other IT related topics. She has rich experience in writing content for marketing collateral like whitepapers, case studies, newsletters etc. which helps in funnel creation for sales.