SAP SuccessFactors HR and Talent Management Solutions to Transform Your HR Operation

Human Resource is the x-factor in any organization bringing in the source of the ally competitive edge an organization has as compared to other organizations. An enterprise can imitate technology, products, services, but not its employees as each individual is unique and has a different potential.  At the end of the day, any organization is run by its people and they cannot neglect the welfare, upskilling and the compensation of their employees. The dynamics of engaging people are changing due to evolution in the workforce, complexity in the workplace and the constant battle for talent. Due to digital disruption, an organization needs workforce that are skilled in information technology. Also, there has been a transition in the workforce from Baby Boomers to Millennial. Millennial are more tech-savvy, confident and want better payment for their work. So the companies are offering better pay opportunities to have the best talent in their organizations. SAP S/4HANA is designed to re-imagine business in the digital economy. SAP S/4HANA along with SAP Success Factors HR offers facilities like managing workforce from employees to contractual workers. It offers comprehensive solutions across the entire set of human resource development starting from recruiting, onboarding, learning, performance and goals, compensation, succession, and development. The tool workforce analytics gives a broader view for taking strategic decisions. The benefits of using SAP S/4HANA HR are that the employees are more engaged and their personal goals are aligned with organizational goals. So they feel more empowered and find their purpose within the organization. There is a synchronization of the HR team with the different department working within the organization.

Engage Talent across the Organizations:

The most crucial function of the HR is to engage talent across the organization. It is not easy to monitor the engagement level of the entire workforce due to fragmented HR tools used by the enterprises. In the age of globalization, the enterprises have a wide presence across the world, and they have to monitor the performance of their workforce individually. SAP S/4HANA offers an innovative solution by combining people information with the financial data and business results to identify the future staffing needs of the workforce and insights into strategic hiring decisions.

The unique benefits of SAP Success Factors and SAP S/4HANA are:

• It facilitates an alignment between the HR and finance for optimum utilization of the workforce as per the business requirement.
• There is a consolidation of HR and financial data. The real-time data provide insights into the performance of HR strategies.
• The financial and human resources data are integrated which helps in managing the budget and headcount planning. SAP S/4HANA gives facility of integrated workforce planning. Right away, it measures the business impact of HR initiatives.
• The benefits of using SAP S/4HANA along with SAP Success Factors are reduced employee turnover, increased HR productivity, and faster access to HR and financial data.
• The HR processes are simplified across the organization through standardization. The users are affianced with beautiful user interfaces. The decision making process for engaging talent is improved by combining HR and financial data.

Drive HR organizational compliance:

The HR team needs workforce and organization information to make a better compliance system throughout the organization. SAP Success Factors Solutions with SAP HANA offers the HR team to utilize the exhaustive list of information for people to drive compliance activities, such as giving the right people the right kind of work and take important decisions. The other issues like safety, governance, and risk all these can be managed if there is consistent data regarding the available workforce.

The unique benefits of SAP Success Factors and SAP S/4HANA are:

• There is an operational alignment between the HR and operations for developing an efficient legal and regulatory compliance within the company. This gives a consistent single source of information of people and organization.
• The organization workforce and control over them can be managed from a single comprehensive source. The company processes are combined throughout the organization. The addition of entire HR processes reduces legal and operational costs.
• The entire HR process is integrated to manage governance, risk and control as well as health and safety. There is a reduction in compliance cost.

Core Human Resources and Payroll:

SAP Success Factors HR Solutions are designed to help companies to build value based relationships with anyone supporting their business. The prime focus of the organization is to engage their workforce to achieve organizational goals. It offers consumer style tools and social HR to engage the employees and external workers so that they contribute the maximum in different ways. Core HR and payroll capabilities help an organization to ensure compliance throughout the world and enable organizations to develop, plan and implement strategies for better business results.

As per SAP bench marking performance, there is a 14% increase in productivity with increasing project completion.

There is a 26% decrease in HR cost per transaction when employee data are managed using a single system.

SAP Solutions are helping organization in the organizational management, payroll processing, people and transactions, HR shared services, benefits and contingent workforce.

• Organizational Management: The organizational structure is designed quickly and faster for successful business execution.
• Payroll Processing: The payroll processing is aligned and cover on a single platform in the cloud.
• People and transactions: The employees are engaged and HR processes are streamlined throughout the organization.
• HR shared services: The HR services are delivered efficiently to everyone in the organizations.
• Contingent Workforce: The workforce management system is unified and risks across all worker types are mitigated.
• Benefits: The employee rewards for their exceptional work to keep them motivated and committed.

SAP Success Factors HR and SAP Success Factors Payroll Solutions provide unmatched benefits to the organizations and meet the industry specific needs of the organization.

Talent Management:

The organization needs to attract, develop and retain the best talent available. SAP solutions offer tools which improve the overall productivity of Human Resource Executive by assisting them in keeping employee engaged and take strategic decisions. The solution offered simplifies the Talent Management process. HR professionals can take crucial decisions easily and assess the performance of new recruiters and measure HR strategic decisions impact on businesses.

As per SAP performance benchmarking, there is a reduction of 36% employee turnover for the organization which has a higher employee engagement.

There is a 25% increase in revenue per FTE for organizations, which has a high business strategy and aligned HR processes.

SAP Solutions helps the organization in recruiting, onboarding, performance and goals, compensation, success and development and learning.

• Recruiting: The important part of the organization is to recruit the right talents from the pool of interested candidates. They have to reach to the candidates through social media and modern functionalities available in the application. They have to identify and hire top candidates.
• Onboarding: The facility of the guide connects and develops new hires from “Day 1” for faster time to productivity.
• Performance and Goals: The HR process is aligned throughout the organization. There is a greater coordination between the HR and other departments. The performance indicators and regular reviews help in giving the required training and feedback to the employees.
• Compensation: The top performers are identified, retained and rewarded. There is a reduction of uncertainty, and budgets are allotted as per the needs of the different departments of the organization.
• Success and Development: There is an increase in employee engagement and retention with reduction in risk.
• Learning: The talents are developed and learning is extended beyond employees while reducing compliance risk.

SAP Success Factors Talent Management Solutions give HR and an organization competitive advantage in attracting and retaining the best talent.

Time and Attendance Management:

SAP software for Time and Attendance Management helps the HR in monitoring workforce productivity throughout the organization. This information can be seen from any device. The analytics available in it supports decision making. SAP software further helps companies to meet time sensitive legal requirements.

As per SAP Performance Benchmarking, there is a 40% increase in the staff productivity with mobile access to employees across all levels.

There is a 36% decrease in HR effort for time-related tasks with automated time and attendance systems.

SAP Solutions offer Time Sheet (Success Factors), Absence Management (Success Management), Time Sheet (Work Force Software), Absence Management (Workforce Software), Shift Planning (Workforce Software).

• Time Sheet (Success Factors): The workforce payments are delivered accurately based on time sheet capabilities. The employee engagement is improved through time sheet capabilities.
• Time Sheet (Work Force Software): The time sheet capabilities provide accurate workforce payments and activity-based accounting.
• Absence Management (Success Management): The absence management is managed in the cloud and local compliance and regulations are also supported.
• Absence Management (Workforce Software): The absence management is managed in the cloud and updated with changing laws and regulations.
• Shift Planning (Workforce Software): The labour force is utilized optimally and shift planning is done accurately.

SAP software allows companies to streamline all HR processes related to time sheets, record keeping and allocation of payments through deeper workforce availability, higher level of engagement and compliance.

Human Capital Analytics:

Human Capital Analytics solutions from SAP help organizations to use data effectively to inform workforce and business decisions. The data driven insight and guidance are given effectively to HR. The talent related strategies are communicated to management instantly.

As per SAP performance benchmarking, there is a 20% gain per employee when analytics are used to identify competitive advantage in the organization.

There is a 72% decrease in manual reporting when HR software supports planning, monitoring, and simulation.

Human Capital Analytics solutions from SAP help the organization in the Workforce Analytics, Workforce Planning, Embedded Reporting and Insight, and Predictive Analytics.

• Workforce Analytics: The workforce analytics improve talent and makes business decisions efficiently. It offers trusted intelligence in the workforce trends, risks, and opportunities.
• Workforce Planning: The model workforce provides supply and demand, workforce gaps are identified, and risks are assessed with the financial impact.
• Embedded Reporting and Insight: The access data provide insight with inbuilt reports, dashboards, and embedded analytics to meet the unique needs of the organization.
• Predictive Analytics: The predictive analytics and advanced machine learning provide insight and recommendations to HR for strategic decisions.

SAP Success Factor solutions, helps HR and business leaders to take workforce decisions effectively.  The HR assessment program is simplified and communicated clearly. There is transparency in workforce management and an increased workforce engagement. The organizational risk is reduced, and governance throughout the organization is improved.

Conclusion

SAP Success Factors Solutions are designed to provide access to the library of metrics, benchmarks, and help companies to improve HR policies. SAP Success Factors simplifies the HR process throughout the organization. The various processes like employee record keeping, HR help desk, time and attendance management, payroll, apprenticeship management, localization are done efficiently and effectively. The SAP Success Factor solution is a simple to use, run and succeed. There is a facility for embedded predictive analytics. The entire HR process is integrated with finance and operation department for the efficient utilization of resources. There is a facility of better compliance management and process support throughout the organization. The HR policies are aligned with business strategies. There is maximized support to keep the workforce engaged across the organizations. SAP solutions for HR offer softwares like core human resources and payroll, talent management, time and attendance management, and human capital analytics. As per SAP Performance benchmarking, there is a 32% decrease in employee turnover with company-wide visibility of workforce availability and gaps. There is an increase in 20% revenue per worker for firms that can analyze workforce data to optimize workforce strategies. SAP Success Factors HR and SAP S/4HANA are designed to assist HR leaders in providing quality service, industry expertise, and comprehensive human capital management solutions that give them a competitive advantage over other organizations.

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