Compensation and Benefits

Customers rely on KBACE for a deep understanding of Oracle’s E-Business Suite Advanced Benefits, Standard Benefits, Compensation Workbench, Total Compensation Statement, and Individual Compensation Distribution, as well as Oracle Fusion Workforce Compensation and Benefits Administration.

Gary Ohmstede, KBACE Compensation and Benefits Practice Manager, has more than 15 years of experience implementing the Compensation & Benefits modules and 20 years in Oracle HCM. Gary is actively involved in the Oracle community as well as with Oracle development to provide insight to both customers and Oracle on the features and functionality of the Compensation & Benefits suite.

KBACE’s Compensation and Benefits Practice is well versed in large global implementations as well as smaller and mid-market implementations, and has worked with customers in almost every industry.

Benefits Communication

KBACE has developed a Benefits Communications process that allows a company to produce benefit communications in print or email format. These communications greatly reduce the time the benefits department has to spend notifying and following up with employees on benefits related items.

Communications include:

 

 

Action Item ReminderEnrollment Notification
COBRA Coverage ExtensionEnrollment Reminder
COBRA Coverage TerminationHIPAA Dependent
COBRA Election NotificationHIPAA
Emerging Event NotificationMass Mailing
Enrollment Confirmation Statement 

 

Implementation and Upgrades

KBACE is a leader in the implementation, reimplementation, and upgrade of every module of the Compensation and Benefits suite of applications.  The KBACE expertise includes Oracle E-Business Suite, Oracle Cloud Applications, and Workforce Compensation HCM Integration.  Modern best practices, real-world experience, and a deep functional and technical understanding of the Oracle Compensation and Benefits suite of applications is what has made KBACE a well-recognized name in the industry.

New Hire Enrollments

Customers using Oracle Standard Benefits are limited to using Benefits Self-Service only during Open Enrollment periods to allow employees to change / elect their benefits. At all other times, benefits information is available in a view-only mode.

Leveraging standard functionality within Oracle, KBACE has developed a solution to enable companies to leverage Benefits Self-Service for their New Hires and allow employees to enroll online as part of their on-boarding process.

Reporting and Analytics

KBACE offers a wide array of reporting and analytics solutions.  For Benefits power users, KBX offers Benefits reporting using Pivot Tables in Excel.  To distribute Benefits reports, the KBI product offers highly formatted reports that can be run in a browser or exported to PDF and distributed.  For other special purpose reports, KBACE can build reports using XML Publisher.

Support and Maintenance

KBACE can support any company with their Benefits needs from early communication to employees and proactive requirements gathering, all the way through to configuration support before, during, and after the Open Enrollment (OE) period. A sample of the types of support requests KBACE is well-versed in fielding:

  • Configuration transition to production
  • Oracle SR management
  • Production processing of open enrollment related processes
  • Configuration documentation
  • Interface creation
  • Technical assistance for fast formula creation


Total Compensation Statement

KBACE offers an out-of-the-box Total Compensation Statement for your employees to access detailed compensation information directly through Oracle Employee Self-Service. 

 

Oracle E-Business Suite

  • Incentive Compensation – Incentive-based compensation programs are commonplace in today’s business environment.  KBACE consultants guide their customers in implementing a system to accurately predict, administer, and track variable payouts.  This leads to greater financial control, improved operations effectiveness, and better corporate alignment.
  • Compensation Workbench – Strategically managing compensation requires the proper tool.  KBACE helps customers leverage Compensation Workbench to increase morale and retain highly valued employees within an environment that enforces fiscal discipline and corporate policy.