Module 1_ Introduction to ERP SuccessFactors_ SAP-SFT.pptx

Introduction to success factor

1. SAP - SuccessFactors Training

2. Introduction to ERP SuccessFactors

3. Table of Contents What is SuccessFactors? ERP SuccessFactors and its abilities Importance and benefits of SuccessFactors ERP HCM and success factors

4. Learning Objectives This module will guide the candidate with The Overview of SuccessFactors and its abilities. Know the benefits of Successfactors and learn about ERP HCM and SuccessFactors

5. Know about SuccessFactors

6. Know About SuccessFactors SAP SuccessFactors is a cloud-based HR solution that helps organizations manage various HR operations with ease. It is based on the Software as a Service (SaaS) model. It is designed to meet the requirement of enterprise-class organizations. SAP SuccessFactors also helps you to improve business execution and get better results

7. History of SuccessFactors Lars Dalgaard founded SuccessFactors in 2001 In November 2007, the company became public on the NASDAQ global market under the stock symbol SFSF. SuccessFactors was acquired by SAP and became SAP SuccessFactors in 2011. In, the year October 2013, SAP SuccessFactors has become an internal part of the SAP online Cloud Platform.

8. History of SuccessFactors In, December 2013, SuccessFactors had more than 600 customers with 11.5 million users. In 2015, the company started offering features like total workforce management, time, and attendance management. In, 2018, SAP Builds New HR Community with Simple Solutions to Big Problems In, 2019 it offers features that Strengthened connectivity to SAP S/4HANA.

9. SuccessFactors - Architecture SAP SuccessFactor helps companies to manage HR functions in the cloud environment effectively. This cloud computing solution helps you to integrate to SAP ERP using SAP HCI or SAP PI.

10. Key Features of SuccessFactors Offers comprehensive HCM suite Global expertise Allows recruitment HR transactions Changes and transfers position Helps you in the management of time off Payroll timesheets reporting Compliance and auditing integration Crud operations on all SuccessFactors objects Allows you to perform queries at the planned time Allows extensible learning and development

11. ERP SuccessFactors and its abilities

12. ERP SuccessFactors ERP is the abbreviation for Enterprise Resource Management. ERP is the term for the business processes that allow a company to manage organizational activities, such as accounting, purchasing, HR, supply chain, etc. using IT and software. An ERP system thus brings together the entire organization’s business functions in one platform and simplifies resource management.

13. ERP SuccessFactors The advantage of an ERP system is that you get all business processes gathered in one platform, which thus saves you time and resources. Other benefits include: Meeting industry-specific requirements and enabling new business models as the market evolves Revolutionizing business processes with automation supported by artificial intelligence and robotic processes Making better decisions faster with integrated analytics and digital assistants Achieving your IT goals with hybrid, cloud-based and local scenarios that share a consistent data model, line of code and user experience.

14. Abilities of ERP SuccessFactors Employee Central: This cloud-based human resource information system (HRIS) can help you automate HR processes, ensure compliance, and build meaningful relationships with employees, contractors, and contingent workers. Compensation: Pay your people based on achievement, establish a pay-for-performance culture – retain top talent and increase productivity across the organisation. Employee Central Payroll: With SAP SuccessFactors Employee Central Payroll, you automate and accelerate processing, reduce risk, and simplify payroll management.

15. Abilities of ERP SuccessFactors Succession and Development: Anticipate and plan for staffing changes and assure the readiness of employee talent at all levels. Time and Attendance: SAP SuccessFactors Employee Central Time Management is for organisations that need global absence management capabilities with support for time tracking and overtime calculations. Learning: Develop a comprehensive learning strategy with a complete learning management solution (LMS) that enables you to manage, develop and deploy instructor-led, formal and social online training.

16. Abilities of ERP SuccessFactors Recruiting: Transform recruiting into a continuous, strategic part of your talent strategy with the only end-to-end recruiting solution that helps you attract, engage and select better candidates and then measure the results. Workforce Planning: Leverage in-depth workforce information and benchmarks to assess readiness to execute strategies, forecast the impact of business decisions, mitigate risk and take action. Onboarding: By guiding hiring managers, empowering new hires and connecting onboarding to other key talent management activities, SuccessFactors makes onboard­ing a strategic process that improves job satisfaction, time to productivity and retention.

17. Abilities of ERP SuccessFactors Workforce Analytics and Reporting: Deliver actionable, quantitative insights to your business leaders with a powerful combination of talent and business data that produces information. Performance and Goals: Communicate strategy, create meaningful individual goals across the organisation and focus employees on what matters, while enabling executives to monitor goal progress in real-time. SAP Jam: Improve employee productivity and teamwork by combining collaboration, communication and content-creation tools with a private social network for your organisation.

18. Importance and benefits of SuccessFactors

19. Importance and Benefits of SuccessFactors Streamlined and Automated HR: Innovations like Intelligent Services are simple and intuitive, detailing the activities that need to be performed while removing the need for mutual support services. Better Employee Experience: The SAP SuccessFactors assists in building a customized and engaging experience during their tenure. This is achieved by meeting their needs, making their lives easier without discrimination while generating relevant experiences to increase their efficiency. Adapting to Digitization and Changing Business Needs: The SAP HR platform provides power to digital approaches with a scalable and expandable cloud system. This works by deploying an end-to-end system or simply adding functionality as and when required.

20. Importance and Benefits of SuccessFactors Managing Different Workforce Segments: Integration between SAP SuccessFactors and SAP Fieldglass provides the management with full insight and control, allowing informed decision making. This is achieved by getting the complete control of the workforce, unifying data to a single platform, and removing disparities. Integrating and Analyzing Data: SAP SuccessFactors solutions allow HR to provide valuable workforce data to drive the organization forward. Building and Developing the Workforce: HR needs to efficiently spot, cultivate and retain talent without bias to this. To do this, incorporate a modern HR approach with the requisite resources for assessing, analyzing, predicting and cultivating talent.

21. ERP HCM and SuccessFactors

22. HCM Human capital management is a comprehensive set of practices and tools used for recruiting, managing and developing employees. HCM connotes an approach to human resource management that views employees as assets to be invested in and managed to maximize their business value. HCM goes beyond the traditional and mostly administrative functions of HR to include more strategic disciplines, such as talent management and employee engagement. HCM can also apply to the class of software that businesses employ to automate the hiring, managing, and training of their workforces.

23. Importance of HCM Changing demographics: As the workforce ages, new generations of workers bring different styles and needs. Gig economy: The upsurge in temporary jobs by contractors and freelancers complicates scheduling, contracts and compliance with tax and employment laws. Complex legislation: Laws and regulations change quickly, and noncompliance can lead to hefty fines and legal fees. HR data: Organizations collect massive amounts of internal and external data about their workforces. HCM technology can help manage and analyze it.

24. HCM Modules Organizational Management: This process defines an organized way to make different people work under a common platform towards achieving a pre-defined goal. Personal Administration: This process defines the process through which the human resource of an organization is managed. E-Recruitment: This process is an automated web-based recruiting process that assists HR professionals in hiring appropriate talent. Time Management: This process assists one in the processes of planning, recording and valuation of employee’s performance for a certain period of time.

25. HCM Modules Payroll: This process as the term defines is all about the pay-scale and compensations given away to employees. ESS and MSS: Employee Self-Service helps employees to individually track various data of their tenure in an organization. Reporting: Finally, reporting allows HR team to deliver comprehensive and up to date information of all its employees.

26. Key Benefits of Integrated ERP and HCM System ERP systems provide users better visibility into their business operations and prevent data duplication, thereby enhancing efficiency and productivity throughout the organization. HCM systems, on the other hand, helps HR managers better manage employees. Single Source of Data: It helps improve communication between organizational silos, eliminates data duplication, and increases efficiency across departments. Helps Determine Skill Gaps and Opportunities for Growth: ERP systems track the ongoing projects, the key resources required to complete them, and the availability of inventory & capital. HCM systems, track the people with the necessary skills to work on those projects.

27. Key Benefits of Integrated ERP and HCM System Understanding the Business As a Whole: Stakeholders can ensure efficient operations and effectively allocate resources - financial and human. Optimizes Business Workflow: enables business owners to see which aspects of their processes are the most productive and which ones need improvement. Provides Greater Reporting and Analysis Facility: With the same access and approval mechanisms, organizations can effortlessly extract transactional reports, run predictive analysis, forecast growth, and make better decisions. Self Evaluation Gets Easier: Depending on your working processes, you can allow employees to self-evaluate their progress over time and improve themselves. Better and More Consistent Training Learning: The data provided by these tools can be used to train new employees on the dos and don’ts of the business.