In this competitive world, every organization is looking to outsmart its competitors. And to do so, adapting new technology has become indispensable for business firms. In this modern era of technology, we can witness a remarkable change in how a business works. In this tough time of global pandemic where almost every aspect of life was shut down, many firms are still working and growing with the help of technology.
SAP SuccessFactors is an innovative technology that has helped firms transform their conventional human resource department into a new modern HR department. In this article, we will talk about SAP SuccessFactors and how it is helpful for the business organization to accelerate their journey towards a smart and highly interactive human capital management system.
What is SAP SuccessFactors?
It is human resource management software based on the cloud that can easily be incorporated to develop a complete human capital management system. It is designed to understand the needs of employees, how they work and what are things motivate them the most. It is a powerful tool of human resources management system (HRMS) that focuses on core HR and payroll, talent management, employee experience management, and people analytics.
It is a suite that simply helps you to take a shift from traditional human capital management (HCM) to human experience management (HXM) with a Cloud-based human resources management system (HRMS). It also helps employees to do their best by delivering engaging and individualized experiences.
Key principles on which SAP SuccessFactors works
- Efficiency: It works on making things easier, faster, and more seamless for the end-users and helps them access what they need when they need it.
- Individualization: Provides a unique experience that is comparatively different for the end-users, which is based on their interest, needs, and preferences.
- Opportunities: It gives employees to aid in their careers and provides unique opportunities for continuous learning, growth, and new experiences.
Now talking about the benefits of using SAP SuccessFactors HXM Suite, which help firms to transform their HR processes
- Recruitment: It simply integrates the process of hiring quality talents for the firms. Implementation of SAP SuccessFactors helps firms enhance their performance and achieve organizational goals in a fixed budget and timeframe.
- Employee Centric: This HCM software based on the Cloud helps in carrying out core HR processes. Enabled with smart and quick integration, this software provides comprehensive services; this software is the best employee-centric HR solution.
- Learnings: implementation of this powerful and easy-to-use solution helps firms to improve their employee experience. It also helps firms’ employees develop skills, minimize compliance risk, and interact with the audience.
- Performance Management: This solution helps businesses to streamline their performance management process in the Cloud. Implementation of SAP SuccessFactors can help firms to achieve set goals within limited resources.
- Onboarding: The latest user interference must be implemented by an intelligent enterprise. It helps in assisting and training newly hired employees. Firms can encourage employees and earn benefits from their productivity.
- Rewards: Implementation of SAP SuccessFactors enables a complete compensation management process. The practice and planning of quick compensation and easy to use help to train the future workforce.
- It automatically collects and verifies data and implements optimum talent acquisition aspects.
- Options of different dimension filters like gender, age, etc., get accurate metrics and data insights.
- Generation of visually interactive statistical reports assists HR personnel in measuring attributes like employee performance, employee engagement, etc.
- HR payroll, recruitment, allowance management, etc., makes it a highly intelligent HCM system.
Apart from these features, recent news has come about the addition of the SAP Enterprise Support value map for SAP SuccessFactors. This new integration of SAP Enterprise Support value map to SAP SuccessFactors will assist prescriptive guidance, access to SAP experts and industry peers. Eventually, help firms build digital capabilities to adopt and run their SAP SuccessFactors solution seamlessly with optimal performance.
A number of SAP customers benefited from this value map addition to SAP SuccessFactors. The companies who leveraged this technology were willing to evolve into an intelligent enterprise by optimizing their complete workforce management solution. They are also looking to establish a comprehensive learning plan to introduce HR staff to the new features and increase productivity.
Reasons to choose SAP Enterprise Support value map for SAP SuccessFactors
- It helps companies to gain technical insights and information on how SAP SuccessFactors can empower business processes.
- Discovering tools and services to enable the firm’s HR transformation journey.
- It receives expert information on different Cloud deployment models. An inbuilt smart integration option helps to choose the right integration option.
- Helps in learning of SAP’s security and privacy standards and web-based SSO.
- Regarding implementation based on SAP Best Practices, it gets analysis and recommendation from SAP.
- It helps to learn the interaction with SAP SuccessFactors and resolve its critical issues.
Looking at all the features and capabilities of SAP SuccessFactors, it is clear that if a firm can adapt and respond to the latest technology, it is bound to get success. Empowering your employees with innovative solutions will help organizations to enhance their productivity.
Our expert team is ready to transform your HR journey; we at Accely are ready to support and engage with you at every step of your journey.