SuccessFactors

The requirement for better analytics has changed. While it was just of scholarly interest for a small unit inside HR once, today it is an intense transformational need. The evolution can be seen as CEOs have begun to request better data about their talent to strengthen the business methodology. Those HR divisions that deliver analytics will advance into key accomplices and help achieve a maintainable upper hand for their associations. According to Mike Ettling, President, SuccessFactors, business sector interest for workforce analytics is on the ascent as business leaders progressively perceive that the right talent is critical to breathing life into business techniques. “Just as imperative is the capacity to break down and analyze the data in order to reinforce ability related business choices,” adds Ettling. SuccessFactors, an SAP company, is a global provider of cloud-based business execution software. Their human capital management application suite integrates onboarding, social business and collaboration tools, Learning Management System (LMS), and HR analytics to deliver business strategy alignment, team execution, and maximum people performance to organizations of all sizes.

Ettling elucidates that HR analytics is a highly effective mechanism for aiding corporate agility. As with any strategic initiative, the ability to access, analyze, and report on success or failure is paramount. “The right tools enable an organization to plan and execute on critical goals and avoid talent-related disruptions along the way,” explains Ettling. SAP SuccessFactors Workforce Analytics improves decision making by helping companies find answers to key questions about workforce challenges and provides guidance to solve them. The company’s Workforce Analytics solution provides concrete and actionable insights on workforce data to drive client’s business strategy today and help plan for the future.

“It helps increase the effectiveness of HR through a comprehensive library of more than 2,000 standard metrics, industry benchmarks, and HR best practices that help measure the things that matter,” adds Ettling. “In addition, clients can take advantage of SuccessFactors’ more than thirty years of field experience and research to accelerate the positive impact our solutions can have in an organization.”

The clients can also benefit from Workforce Planning, which allows the firms to conduct sophisticated workforce modeling, create visibility into critical resource gaps, and define HR strategies today to ensure readiness for the future. SAP SuccessFactors Workforce Planning helps ensure organizations have the right people with the right skills at the right time and cost. Fully integrated with SuccessFactors, Workforce Planning enables ‘what-if’ scenario planning and analysis, so the leaders can act with confidence and a clear understanding of the financial and operational implications of all plans. Proper planning results in improved short-and long-term recruiting, succession, learning, development, performance, and other workforce initiatives.

Workforce Analytics solution provides concrete and actionable insights on workforce data to drive client’s business strategy today and help plan for the future

Numerous Fortune 500 companies around the globe use SuccessFactors’ proven solutions to refine their business strategies. A client of SuccessFactors, Sonova AG that provides hearing aids and cochlear implants can now analyze its workforce in depth to determine the kind of specialists it needs in each market. With the aim of fulfilling their customers’ needs, SuccessFactors began ten years ago as a cloud startup, and now has more than 15 million users and 3,500 customers in more than 168 countries. “The company, for the days to come, will continue providing innovative solutions to clients,” concludes Ettling.