SAP SUCCESSFACTOR
SAP SuccessFactors (sometimes referred to casually by users as “SF” although neither are officially recognized by SAP) is an HR tool that provides cloud-based software for human capital management (HCM), using the software-as-a-service (SaaS) model.
SAP SuccessFactors incorporates core HR and talent management features, offering its customers various deployment options that tend to specific solution needs.
SuccessFactors was founded in 2001 by Lars Dalgaard. It started as an SaaS performance management software, but eventually expanded its offerings by providing business execution software to customers. In February 2012, SAP acquired SuccessFactors, which it renamed to SAP SuccessFactors. The acquisition was largely considered an opportunity to bring existing cloud expertise to SAP’s expanding portfolio and allowed SAP to offer a full, cloud-based HCM suite.
A social collaboration solution, called SAP Jam, was introduced as an integration option in 2012 to help improve the way employees engage with each other and make decisions in the cloud. The tool allowed team members to share ideas, find solutions to shared business problems, align their goals, and more.
SAP SuccessFactors again expanded its offerings to include recruitment marketing and posting, onboarding, and workforce analytics. As of 2019, the latest release of SAP SuccessFactors included functionality updates for the mobile app, SAP SuccessFactors Employee Central Service Center, and the recruiting solution, just to name a few. Architectural enhancements and a new SAP Fiori-based user interface have also been implemented.
Key Features of SAP 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
WHY LEARN SAP SUCCESSFACTOR?
Here are some essential pros/ advantages of using SAP success factors.
- Offers scalability and allows an unlimited extensibility
- Provides the complete end-to-end recruiting solutions
- Performance and Goals module is the easiest way to track and maintain professional and personal goals.
- SuccessFactors in SAP makes onboarding a planned process which helps any organization to increase their job satisfaction, time to productivity
- It helps the organization to motivate their workforce to perform at their best and produce an exact pay-for-performance culture.
- It offers performance management and smoother compensation.
- It allows you to create a policy which includes learning management solutions.
Since 2010, our global team of researchers has been studying SAP SuccessFactors Employee Central customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchases SAP SuccessFactors Employee Central for Core HR from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using SAP SuccessFactors Employee Central for Core HR include: CVS Health Corporation, a United States based Healthcare organisation with 216000 employees and revenues of $292.11 billion, Costco Wholesale Corporation, a United States based Distribution organisation with 288000 employees and revenues of $195.93 billion, Costco Wholesale Corporation, a United States based Distribution organisation with 288000 employees and revenues of $195.93 billion, Microsoft Corporation, a United States based Professional Services organisation with 181000 employees and revenues of $168.09 billion, Walgreens, a United States based Retail organisation with 225000 employees and revenues of $139.50 billion and many others.
Benefits of using success factors
- Help people identify more clearly what behaviors they need to demonstrate to be successful in the job or role (i.e., commit to a personal development plan).
- Help managers be more objective and provide the appropriate coaching to help employees develop.
- Help the organization to recruit and select superior performers.
- Help individuals be successful in their jobs and help the organization differentiate itself in the eyes of its key stakeholders (e.g., customers, shareholders, etc.).
A success factor is any knowledge, skill, trait, motive, attitude, value or other personal characteristic that is essential to perform the job or role and that differentiates solid from superior performance.
Knowing that superior performance is so valuable, corporate leaders, managers, and human resource professionals have typically searched for qualities such as "initiative" and "communication skills" in the people they hired. However, two things remained uncertain until recently: how to address these qualities and whether these qualities were actually related to superior performance on the job. Using a competency-based approach and developing behavioral success factors are the keys to defining, assessing and linking such qualities to job performance.
With TECH ERP SOLUTION Online SAP training course, you will get in-depth knowledge of modules, ensuring you will get hands-on training which is essential in order to work in industry.
CAREER IN SAP SUCCESSFACTOR?
As the data indicates, the Salary trends for SAP SuccessFactors professionals are ever-increasing, meaning that there is sustainable growth in this particular SAP offshoot. So for organizations and individuals looking to invest in SuccessFactors skill sets, this is absolutely the right time to do so.
SuccessFactors has gained over 21 million subscribers on a world-wide scale and offers customers excellent results, process knowledge along with content and analytics, and a whole lot more. SuccessFactors HCM solutions support the complete HR lifecycle with Cloud-based solutions which are simple to implement and that which can easily keep pace with organizational growth.
5 tips for building a career in SAP SUCCESSFACTOR
- Gain deep product knowledge
Gain deep product knowledge in a minimum of core SAP SUCCESSFACTOR module
- Understand data and analytics
Understand data and analytics to support how digital solutions are relevant to executives.
- Plan for career growth
Plan for career growth. Build a one-, three- and five-year plan—and be prepared to adapt.
- Build your communication,
Build your communication, facilitation, leadership and executive skills.
- Show your energy
Show your energy, and get involved!
SAP Success Factors is a product that has seen a steadily increasing demand for most of the Fortune 500 companies in existence moving towards adoption of the same. The HCM suite aims at the integration of social business and collaboration tools along with onboarding, an LMS, applicant tracking software, recruiting software, talent management and performance management. SAP SuccessFactors aims to revolutionize HR system methodology by decluttering them and in turn making it more user-friendly and simple.
Job Role
Currently, companies worldwide are hiring HCM and SuccessFactors consultants with functional experience in Core HR and Compensation Management combined with first-hand knowledge of within the SuccessFactors HCM suite.
Consultants can participate in every phase of a cloud implementation such as offer, realization, verification, training, transition and production support. Candidates will also be expected to handle and roll-out coordination.
Professionals can take up several roles in the implementation:
Functional Lead: Assisting and guiding clients on its business challenges and best practices, and being able to recommend the possible solutions.
Configurator: Professionals with an in-depth knowledge of the solution that can be efficiently configured while being aware of the latest trends and possibilities of the suite.
Change Management Consultant: Professionals who assist clients in their HR Transformation and provide elaborate recommendations on communication and training strategies.
Candidates should have a good understanding of Compensation Management and Core HR business processes in Global Organizations.
They should be comfortable in pre-sales activities, have convincing capacities, and should be able to give pieces of training, demos and presentations to clients.
Such professionals should foster interaction and a close collaboration with the customer on various levels gather their requirements, define, document and validate solutions, inform the client on the company’s service offerings.
Job Skill
Trained or at least end-user experience with Employee Central or Compensation Management
Time Management is considered as an added advantage
Candidates play a significant role in cloud solutions implementations and are aware of the major challenges of those implementations.
A sharp communication skill, both written and verbal is obviously needed.
Being a real team player and a results-driven person helps along with welcoming diversified work and new challenges.
Professionals must also be flexible and like to participate in international opportunities.
As the data indicates, the Salary trends for SAP SuccessFactors professionals are ever-increasing, meaning that there is sustainable growth in this particular SAP offshoot. So for organizations and individuals looking to invest in SuccessFactors skill sets, this is absolutely the right time to do so.
SAP SUCCESSFACTOR OVERVIEW
Customers using this product from SAP can range from those working in a back office to a boardroom, from a desktop to a mobile device and even from a warehouse to a storefront. This tool will enable SAP consumers to work in a more composed manner, professionally and utilize business insight in more efficient ways to stay ahead of the competition.
SuccessFactors as a Core HR product is very good. It enables a respectable level of data capture for employee data and the ability to expand for use cases through the usage of custom
Course Modules
Satyam Yadav
I am very new in HR but After sap successfactor training courses from tech erp solution i feel i m full of knowledge and confident. Best training environment to learn,good faculty. All topics covered with practicals which helps to understand the concepts well.Trainer is very friendly teach the topics until we are clear about it. his unique training improve our learning skills and are easy to learn and understand. It is value for money.