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THR81 - Employee Central28 August 201711:49SuccessFactors Page 1
Unit 1. Introduction28 August 201711:50SuccessFactors Page 2
HR Team should manage all the dataa.purchase, i.implement, ii.upgrade, iii.maintain and iv.connect to other business softwarev.Expensive to b.Lack strategic insightc.Difficult to connect to talent management and workforce planningd.Falling behind workloade.5 Problems with traditional HR Solutions•Traditional HR Solutions:Foundation for all SAP SuccessFactors HCM Solutions•Recruiting1.Onboarding2.Compensation3.Learning4.Succession5.EC Functions and FeaturesSaaS delivery model ensures low total cost of ownership and delivers new capabilities four times per yeara.Low cost1.Workforce analytics provide unmatched benchmark and metrics for better decision makinga.Core component in Business Execution Suiteb.Strategic Insight2.Done through configuration, not developmenta.Up and running in weeks, not monthsb.Connection (Cloud-based integration)3.Global system of record houses global workforce HR data and supports global HR processesa.Supports various workforce types like interns, contractors, and other contingent workforce.b.The Role-based permission model ensures granular access and controlc.Mobile Client allows users to view employee info and approve transactions with mobile devicesd.Workforce Support4.Intuitive, easy-to-use Employee/Manager Self Service empowers employees and managers to own and enrich their dataa.Consumer web experienceb.Integrated social networking capability allows employees to collaboratec.Rule-based workflows support flexible approval processes.d.Data Management5.EC Functions and FeaturesHouses HR records for all employees ○Records transactions or corrections to keep HR information up-to-date ○Provides analytics on HR information to meet compliance or business analysis ○Provides integrated HR and Talent Management with SAP SuccessFactors HCM Suite ○Feeds the downstream system with HR information ○EC integrates several functions, including the following: •EC Functions EC strategic reporting provides executives and managers insight to improve outcomes. •(for example, HRS, Financial, CRM, ERP, and Talent). ○EC provides visibility across all data systems •With EC, you can leverage over 2000 metrics to generate insights to compare your organization to others through peer benchmarking by industry, revenue, location, and so on. •Strategic Reporting Predictive analysis allows organizations to hone strategies by identifying leading indicators of organizational effectiveness. •Asking questions like the ones seen in the figure, Strategic Reporting: Predictive Analysis, and financially modeling the impact of decisions made based on those questions, enable companies to plan and grow.