91 pager - THR81-Training Material.pdf - THR81 Employee Central 28 August 2017 11:49 SuccessFactors Page 1 Unit 1 Introduction 28 August 2017 11:50

91 pager - THR81-Training Material.pdf - THR81 Employee...

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THR81 - Employee Central 28 August 2017 11:49 SuccessFactors Page 1
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Unit 1. Introduction 28 August 2017 11:50 SuccessFactors Page 2
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HR Team should manage all the data a. purchase, i. implement, ii. upgrade, iii. maintain and iv. connect to other business software v. Expensive to b. Lack strategic insight c. Difficult to connect to talent management and workforce planning d. Falling behind workload e. 5 Problems with traditional HR Solutions Traditional HR Solutions: Foundation for all SAP SuccessFactors HCM Solutions Recruiting 1. Onboarding 2. Compensation 3. Learning 4. Succession 5. EC Functions and Features SaaS delivery model ensures low total cost of ownership and delivers new capabilities four times per year a. Low cost 1. Workforce analytics provide unmatched benchmark and metrics for better decision making a. Core component in Business Execution Suite b. Strategic Insight 2. Done through configuration, not development a. Up and running in weeks, not months b. Connection (Cloud-based integration) 3. Global system of record houses global workforce HR data and supports global HR processes a. Supports various workforce types like interns, contractors, and other contingent workforce. b. The Role-based permission model ensures granular access and control c. Mobile Client allows users to view employee info and approve transactions with mobile devices d. Workforce Support 4. Intuitive, easy-to-use Employee/Manager Self Service empowers employees and managers to own and enrich their data a. Consumer web experience b. Integrated social networking capability allows employees to collaborate c. Rule-based workflows support flexible approval processes. d. Data Management 5. EC Functions and Features Houses 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.
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