“Train people well enough so they can leave. Treat them well enough so they don’t have to.”
– Sir Richard Branson
Ever heard of the above quote; this is what exactly the HRM focuses on. As every organization runs through its employees; each victory of an organization is attained through its skilled workmanship. The way you manage your employees adds credits to your victory. Here’s where your organization’s Human resource management (HRM) wing becomes essential for every organization’s wellbeing.
HRM is a different approach to employment management that aims to gain a competitive edge by strategically deploying a highly devoted and capable staff, through a variety of cultural, structural, and people strategies.
In the path of digitalization, organizations are surfing on software that seamlessly digitalizes HR operations that require a lot of manual time and effort.
Let’s discuss and find answers to how SuccessFactors streamlines your HRM functions.
To begin with, let’s understand the SAP SuccessFactors;
Human Experience Management in today’s environment entails not only hard work but also the ability to work smarter and allow each of us to be our genuine selves. This increases the difficulty for HR to shift its attention away from routine tasks like payroll, performance, leave, and attendance and onto the strategic side of the organization.
With new and advanced technology at their hands, HR staff can now devote more time to learning about the company’s operations and contributing to the production of measurable outcomes in terms of enhancing employee productivity and keeping them motivated to work better.
HRM software has made HR professionals’ lives much easier by automating the most repetitive, time-consuming, and non-productive jobs. The four prime modules of the SAP SuccessFactors are;
- Employee experience management
- Core HR and payroll
- Talent management
- HR analytics and workforce planning
Time to dig into each of the modules in detail;
Employee experience management
Employee experience has recently gotten a lot of attention. Job searchers are increasingly interested in a business’s lifestyle and work culture, which is why a simple google search for “employee experience” yields over 4 million results. However, you can’t know how your employees feel at work until you measure it, which is why you need an employee experience management framework. Here are some suggestions about how to appropriately assess the experience with SAP SuccessFactors:
- Employee Net Promoter Score
- Employee Satisfaction
- Employee Pulse Surveys
- Employees Effort Score
Core HR and Payroll
Employee data, self-service, payroll, time, benefits, tickets, problems, health, global data protection, privacy, diversity, and inclusion are all managed by SAP SuccessFactors’ core HR lifecycle. Organizations can use enhanced technologies like machine learning and artificial intelligence to establish and maintain a diverse and inclusive global workforce with SAP SuccessFactors Diversity & Inclusion. The modules that help to maintain your Core HR and payroll activities are;
- SAP SuccessFactors Employee Central
- SAP SuccessFactors Employee Central Payroll
- SAP SuccessFactors Employee Central Service Center
- Diversity and Inclusion
Talent management is defined as the carefully orchestrated, strategic process of bringing in the right people and assisting them in reaching their full potential while keeping corporate goals in mind. SAP SuccessFactors talent solutions encompass the whole talent lifecycle, allowing you to manage integrated, end-to-end talent management initiatives inside the suite. Customers may use this to keep track of :
- Performance & Goals
- Succession & Development
HR Analytics and workforce planning
This will act as a single source of truth for your reporting choices, allowing you to quickly grasp what you have now and what you need to know to move forward with your HCM and Payroll reporting analytics and intelligence plan. The reporting and analytics feature in SAP SuccessFactors enables you to use your workforce data to support HR activities, uncover strategic insights, and make data-driven decisions. HR and business executives and analysts may use data to tell stories and develop visualizations to influence evidence-based results. The modules encompassed in the HR Analytics and workforce planning offer you;
- Workforce Analytics
- Workforce Planning
Flamboyant features of SAP SuccessFactors
SAP SuccessFactors unifies your HR data and procedures in a single, cloud-based platform across all the above functional areas. This raises HR’s capabilities and efficiency to new heights. It has the following significant characteristics:
Automated and Streamlined HR Processes
The cloud-based, integrated suite of apps covers core HR, payroll, talent, analytics, and HR operations are standardized with a simplified approach thanks to the cloud-based, integrated suite of applications. Intelligent Services, for example, are clear and intuitive, outlining the tasks that must be completed while obviating the need for mutual support services.
Enhancing Employee Experience
Employee engagement isn’t just for the course of your job; it’s also for the rest of your life. It starts when a person is hired as a potential recruit and ends when they leave. During their time with SAP SuccessFactors, they may create a personalized and engaging experience. This is accomplished through addressing their needs, making their life simpler without prejudice, and providing them with meaningful experiences that will help them become more efficient.
Step into your digital transformation
HR automation allows for faster answers and resolutions while also assuring high performance and a positive user experience. With a flexible and expandable cloud system, the SAP HR platform empowers digital methods. This is accomplished by either installing an end-to-end system or just adding features as needed. With AI/ML embedded into the software, it makes suggestions and detects trends.
Streamlining workforce governance
Despite the fact that technology is advancing at a breakneck pace, most individuals only require an internet connection to convert their home into a workstation. Companies must manage a substantial share of their workers as outside labor, in addition to freelancers, due to an increase in part-time and full-time employees.
This has a direct influence on society, knowledge, and industrial results. Data on the workforce is typically dispersed across several platforms, making compilation a challenge. The integration of SAP SuccessFactors and SAP Fieldglass gives management complete visibility and control, allowing them to make educated decisions. This is accomplished by gaining total control over the workforce, consolidating data into a single platform, and eliminating inconsistencies.
Data Integration and Analysis
HR may use SAP SuccessFactors solutions to deliver useful worker data to help the company go forward. This sophisticated visualization tool enables decision-makers to acquire insight into their workforce and make educated or even predictive decisions, resulting in increased productivity, increased income, and increased employee happiness.
Equipping your Workforce
Due to shifting demographics and a shrinking pool of talent, HR needs a fresh strategy to develop a prospective workforce. For a firm to be at the forefront, it takes the greatest personnel and resources to fine-tune this potential.
The easiest method to achieve this is to align your employees with your objectives since people are motivated by their intentions, which enhances efficiency and production. HR must be able to identify, nurture, and retain talent without bias. Incorporate a contemporary HR approach with the necessary resources for measuring, analyzing, forecasting, and growing talent to do this.
SAP SuccessFactors is a complete human resource management suite that enables organizations to manage their whole workforce and their full operational life cycle. SAP SuccessFactors has provided several unique benefits, as a result of which it is being employed in a variety of enterprises.
By simplifying HR operations and enhancing employee engagement, SAP SuccessFactors makes it simple to turn numerous company initiatives into quantitative outcomes. It also offers an exceptional set of core HR and talent solutions built on current cloud technologies, making it simple to use, operate, and for employees to thrive.
Get in touch with us to learn more about how SuccessFactors can help you grow!