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

SAP Term: SAP SuccessFactors Work-Life

• Component: BV-HCM

• Component Name: Brand Voice - Human Capital Management

• Description: Cloud solution for HR professionals to improve employee engagement and health at work. Real-time data and machine-learning algorithms help enterprises to attract and retain talents. Organizations access aggregated real-time data to better respond to the needs of their workforce. This solution is part of the Well-Being at Work program. Formerly called SAP Work-Life. See "Well-Being at Work.”

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• Key Concepts: 
  SAP SuccessFactors Work-Life Component is a cloud-based Human Capital Management (HCM) solution that helps organizations manage their workforce. It provides a comprehensive suite of tools to help organizations recruit, onboard, develop, and retain their employees. It also offers analytics and reporting capabilities to help organizations make informed decisions about their workforce. 
  
  How to use it: 
  SAP SuccessFactors Work-Life Component 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 offers analytics and reporting capabilities to help organizations make informed decisions about their workforce. 
  
  Tips & Tricks: 
  When using SAP SuccessFactors Work-Life Component, it is important to ensure that all data is accurate and up-to-date. This will ensure that the system is providing accurate insights and reports. Additionally, it is important to ensure that all users are properly trained on how to use the system in order to maximize its potential. 
  
  Related Information: 
  SAP SuccessFactors Work-Life Component is part of the SAP SuccessFactors suite of HCM solutions. Other solutions in the suite include SAP SuccessFactors Recruiting, SAP SuccessFactors Performance & Goals, SAP SuccessFactors Learning, SAP SuccessFactors Compensation, and SAP SuccessFactors Succession & Development.