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Oracle Compensation Cloud is a cloud-based suite of applications that enables businesses to manage their employee compensation packages. It provides organizations with the ability to simplify the process of managing compensation and the tools needed to gain insight into employee compensation trends. The software helps businesses to increase their efficiency and effectiveness when it comes to managing compensation and reducing costs.

Reference: https://education.oracle.com/oracle-compensation-cloud-2019-implementation-essentials/pexam_1Z0-1049

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