Oracle Advanced Benefits Functional

Description

Oracle Advanced Benefits or OAB is Oracle’s product for managing the benefits of an enterprise. In this series of videos we will explain the various setup steps in order to an OAB implementation. Please note that in order to start understanding OAB, it is essential that you have a strong command over the Core HRMS module and some understanding of elements in Total Compensation. The step by step videos will explain the different components in OAB and how they can be linked. It will be a good idea to go through the introduction video before jumping onto these configuration videos. The introduction video talks in details about OAB as a product and how it is used by the enterprises.

Course Outline

• Oracle Advanced Benefits and its Underlying design
• Different components of a Benefits Design
• Benefits Structure and its elements
• Eligibility and Electability
• Life Events and Enrollments
• Using OAB to implement benefits related regulations

Learning outcome

After completing this course, one should be able to:

• Understand the concept of OAB and OSB
• Create and use a benefit structure
• Set up Eligibility and Enrollment rules
• Navigate and use the Benefits service centre
• Setup and use federal regulations like HIPAA and COBRA