At the Oracle Health Summit, Oracle is excited to unveil a new talent acquisition feature in Oracle Fusion Cloud Recruiting as part of its Oracle Fusion Cloud Human Capital Management (HCM) suite. This innovation aims to assist healthcare organizations in finding the right talent for mission-critical roles, ultimately enhancing the quality of patient care.
Introducing Oracle Healthcare Talent Network
The Oracle Healthcare Talent Network empowers hiring managers with access to a wider pool of qualified candidates, streamlines the talent sourcing process, and enables swift identification of skilled contingent workers. This new feature consolidates leading healthcare talent partners within Oracle Cloud HCM.
Nagaraj Nadendla, Senior Vice President of HCM Product Development at Oracle, emphasizes the importance of flexibility in the workforce: “A flexible contingent workforce is critical for healthcare providers to maintain quality of care, but inefficient manual processes hamper this flexibility.” The Oracle Healthcare Talent Network addresses these challenges by automating manual processes and enhancing control and efficiency for sourcing contingent workers.
Addressing Healthcare’s Talent Shortage
The healthcare sector is grappling with a significant talent shortage, with the U.S. Bureau of Labor Statistics forecasting a need for nearly two million healthcare workers annually to meet rising demand. The Oracle Healthcare Talent Network offers solutions to help organizations:
- Access More Qualified Candidates:Â Leverage Oracle’s network of third-party talent partners or utilize their own agency partners to quickly identify talent that meets the required skills, certifications, availability, and cost criteria.
- Streamline the Sourcing Experience:Â Reduce the time spent on candidate sourcing by automatically posting requisitions across multiple talent partners, tailored to their short-term or long-term staffing needs.
- Unify Workforce Management with Oracle Cloud HCM:Â Enhance visibility and improve decision-making by sourcing and managing full-time, part-time, and contingent workers on a single digital platform.
Benefits of Oracle Cloud HCM
Oracle Recruiting, as part of Oracle Cloud HCM, enhances the candidate experience, expands talent pools, promotes internal mobility, and streamlines the hiring process through AI and automation. The cloud-based platform integrates all human resource processes from hire to retire, providing HR teams with a single source of truth to inform their people strategy.
Additionally, Oracle Cloud HCM features embedded AI capabilities that analyze workforce data, generate insights, and automate processes, thereby improving overall business operations.