What is SAP SuccessFactors in SAP BV-HCM - Brand Voice - Human Capital Management?

SAP Term: SAP SuccessFactors

• Component: BV-HCM

• Component Name: Brand Voice - Human Capital Management

• Description: Solutions that help organizations increase the value of their workforce by developing, managing, engaging, and empowering their people. Delivered as a complete digital suite, these solutions address all aspects of human resources HR, from administration, payroll, and benefits to talent management and collaboration across the employee journey. These solutions integrate fully with the customer's other business software, including SAP S/4HANA. See "SAP SuccessFactors Human Experience Management HXM Suite.”

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• Key Concepts: 
  SAP SuccessFactors is a cloud-based Human Capital Management (HCM) suite that helps organizations manage their workforce. It provides a comprehensive set of tools to help organizations recruit, onboard, develop, and retain their employees. It also provides analytics and reporting capabilities to help organizations make informed decisions about their workforce. 
  
  How to use it: 
  SAP SuccessFactors can be used to manage the entire employee lifecycle from recruitment to retirement. It provides tools for recruiting, onboarding, performance management, learning and development, compensation management, and succession planning. It also provides analytics and reporting capabilities to help organizations make informed decisions about their workforce. 
  
  Tips & Tricks: 
  When using SAP SuccessFactors, it is important to ensure that the data is accurate and up-to-date. This will ensure that the analytics and reporting capabilities are accurate and reliable. Additionally, it is important to ensure that the system is configured correctly to meet the organization’s needs. 
  
  Related Information: 
  SAP SuccessFactors is part of the SAP HCM suite of products. Other products in the suite include SAP ERP HCM, SAP Cloud for Customer, and SAP Jam. Additionally, SAP SuccessFactors integrates with other SAP products such as SAP Business Suite and SAP Business Warehouse.