SAP HCM (SAP Human Capital Management) is a human resources management system. As the successor to SAP HR, it contains all functions that are relevant for personnel administration, payroll, applicant management, and
personnel development. In addition, SAP HCM links personnel management and personnel management with multi-level application and approval processes. In addition, the system is closely linked to the organizational
structure, whereby hierarchy-dependent processes can be automated. Adaptation to company-specific conditions is possible by integrating numerous submodules. SAP HCM is an extremely comprehensive personnel management
system. Describing all components of the HR solution would go beyond the scope of this TECH ERP SOLUTION. We therefore concentrate on the most important modules, to which all partial modules and additional functions
are subordinated:
If one looks at the tasks of HR departments, these are still predominantly of an administrative nature today. Paper-based personnel files are kept, vacation requests are processed on paper and even working hours are
recorded manually. However, in times of skills shortages and limited human resources, it would be much more important to focus on the strategic objectives of human resources management. SAP HCM provides important
support in two ways. On the one hand it enables the optimization and digitalization of personnel processes, on the other hand it contains numerous tools that are important from a personnel strategic point of view.
The simplification and streamlining of administrative processes is achieved among other things by the following HCM features:
Digital vacation request (e.g. via web browser) incl. approval workflow.
Central, system-supported maintenance of all relevant personnel master data.
Consistent data records and traceable changes (history).
Complete data transparency.
Partial automation of payroll accounting.
Simplified time recording (corrections also possible in self-service).
Integration with other SAP modules such as FI/CO.
The introduction of SAP HCM is also supported by the strategic components of the system. The following aspects should be mentioned in this area:
Tools for effective and individual employee development.
Comprehensive talent management.
Support of modern channels in recruiting.
Support of onboarding processes (induction).
By the way, SAP HCM does not have to be introduced with its complete range of functions. Many companies only start with the most important main modules such as personnel administration, payroll accounting and
organizational management. In the course of time, further modules that are particularly relevant for the company will be added.
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.
SAP HCM vs. SUCCESSFACTOR
As far as the HR sector is concerned, SAP is pursuing a strategy that is clearly moving in the direction of the modern cloud solution SAP SuccessFactors. It was announced that HCM would be completely replaced by
SuccessFactors in the long run. Not only the technological orientation is remarkable, but also the new language usage. SAP no longer calls company employees "resources" or "human capital," but "success factors. But
what are the technical differences between the two solutions? SuccessFactors was originally a stand-alone US company that offered a cloud-based talent management suite with analytics and collaboration capabilities.
SAP took over the company in 2011 and since then has massively enhanced its functionality. SuccessFactors is now a complete HCM solution from the cloud. It contains all functions from the classic SAP HCM. In
addition, however, some other innovative features are available. To call are:
(E-)Recruiting: supports a collaborative, objective and mobile selection process.
Onboarding: configurable onboarding process involving new employees, hiring managers and an onboarding buddy.
Compensation: maps all compensation processes, central element is a compensation profile including salary history and positioning.
Performance & Goals: controls target agreements and monitoring of target achievement for performance evaluation.
Learning: Learning platform that is linked to numerous other modules (e.g. goal management and onboarding); can be used on the go.
Succession and Development: controls and automates succession planning activities.
Employee Central: responsible for master data administration and for mapping personnel administration, organizational management, absences and payroll accounting (optional); basis for integration with on-premise
solution.
SAP JAM: communication and collaboration platform for employees, similar to a social network.
Analytics: enables the creation of reports for all SuccessFactors modules.
CAREER IN SAP HCM
The challenges in personnel management are now manifold. One of the most pressing problems of our time is the shortage of skilled workers. Not every company succeeds in filling vacant positions quickly with suitable
candidates. In addition, employees in payroll accounting and administration still spend too much time on routine tasks. Reporting also needs to be optimized in many places, which means that personnel strategies are
not always based on well-founded figures. Last but not least, employee collaboration offers room for improvement. Although we live in the age of modern communication possibilities and social networks, voting in
companies still takes place predominantly by e-mail. All these challenges can be met with SAP HCM and in particular with the SuccessFactors TECH ERP SOLUTION . SAP's HR products enable digitization and automation of
HR processes, intelligent recruiting and talent management, and improved collaboration through social and mobile ERP. Under the "Analytics" flag, flexible reports and forecasts can also be generated that can
significantly optimize strategic decisions in human resources. Now with the new normal of remote work and social distancing, organizations are forced to realize that cloud-based services are far more affordable and
scalable than their on-premise counterparts. In this era, it would not be surprising to witness an increase in investment to employ cloud-only solutions and remove the costly data centres approach. This will further
translate into the need for data management products that embrace cloud storage and expert SAP professionals to make critical data in the SAP environment available across the organization. A SAP-enabled environment
would allow businesses to:
manage scattered data across the organization into a centralized place.
streamline business processes by maintaining databases efficiently and automating daily tasks.
access real-time data across different functions.
enable leaders to make better decisions.
improve throughput and enhance customer service.
The SAP consultants play a pivotal role in its implementation, deployment, and its maintenance. Hence there are increasing jobs in SAP for professionals particularly with SAP rapidly expanding its presence.
SAP HCM OVERVIEW
HCM is one of the most important processes in organizations across industries. The general idea on HR is related only to recruiting. But HR is much beyond just recruiting. In an organization, HR not just hires
employees but segregates employees based on various factors such as department level, payment days, payment details, designations and more. Besides, various other works such as promotions, employee engagement and
team motivation tasks are taken care of by the HR. These works might sound very simple; however, working out all these for people of an entire organization is not an easy work at all. To streamline all such HR
processes, SAP ERP operations are widely used. SAP HCM ERP is one of the most flexible software for HR processes widely used across industries.
I had taken the training from tech erp solution in 2019 for SAP HCM AND got placed in very steemed organization with the help of TECH ERP SOLUTION trainers and management. It is very good
institute for learning SAP ANY module. Trainers and Management is very nice and polite. They help professionally for learning and growing even after completion of trainnings.I additionally learn
successfactor from here. I would strongly recommends this institute for learning any module of SAP. And thanks FLT for helping and shaping my Career.
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Hi I'm Sahar Zaidi and I am from Bengal and I did training from tech erp solution and the management is awsm and the training is world class and pure coorporate level training . And I also got
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I had taken the training from tech erp solution in 2019 for SAP HCM AND got placed in very steemed organization with the help of TECH ERP SOLUTION trainers and management. It is very good institute for learning SAP ANY module. Trainers and Management is very nice and polite. They help professionally for learning and growing even after completion of trainnings.I additionally learn successfactor from here. I would strongly recommends this institute for learning any module of SAP. And thanks FLT for helping and shaping my Career.