What is 'company instance' in SAP LOD-SF - SAP SuccessFactors?

company instance - Overview

• Component: LOD-SF

• Component Name: SAP SuccessFactors

• Description: A subdivision of a customer account. Each customer account will have several instances, specifically configured to the customer's needs.

company instance - Details

• 
  Key Concepts: 
  A company instance is a unique instance of the SAP SuccessFactors system that is created for each customer. It is a secure, cloud-based environment that stores and processes customer data. It is used to manage employee data, such as payroll, benefits, and performance reviews. 
  
  How to use it: 
  The company instance is used to store and process customer data. It can be accessed through the SAP SuccessFactors portal. The portal provides access to the various modules within the system, such as payroll, benefits, and performance reviews. The company instance also provides access to reports and analytics tools. 
  
  Tips & Tricks: 
  It is important to keep the company instance secure by setting up user access controls and regularly monitoring user activity. Additionally, it is important to keep the system up-to-date with the latest software updates and patches. 
  
  Related Information: 
  The company instance is part of the SAP SuccessFactors suite of products. Other products in the suite include Employee Central, Recruiting Management, Performance & Goals, Learning Management, and Workforce Analytics & Planning.