SAP SuccessFactors
SuccessFactors is a SAP product suite to give cloud-based answers for overseeing different HR capacities like business alignment, individual performance, recruitment, and learning activities for all sizes of organizations in excess of 60 enterprises. SAP SuccessFactors is a cloud-put together HCM arrangement and developed with respect to Software as a Service (SaaS) model.
SAP SuccessFactors — Introduction
SuccessFactors is a SAP product suite to provide cloud based solutions to manage business alignment, people performance, recruitment, and employee central and learning activities for all sizes of organizations in more than 60 industries. SAP SuccessFactors is a cloud based HCM solution developed on Software as a Service (SaaS) model, SAP Success Factors Training in Noida.
SuccessFactors is the name of a company founded in 2001 that developed a cloud-based HCM solution known as SuccessFactors and was acquired by SAP in 2011.
Key Features of SAP SuccessFactors
Following are the key features that are covered in SAP SuccessFactors cloud-based HCM solution provided to the users −
- Recruitment
- HR Transactions
- Changes and Transfers
- Position Management
- Time Off
- Payroll Time Sheets
- Reporting, Compliance and Auditing
- Integration & Extensibility
- Learning and development
- Software as a Service
SAP SuccessFactors is cloud based HCM solution and is designed on Software as a Service (SaaS) cloud model. Software as a Service is otherwise called On-request software solution where software is authorized on a subscription premise and is halfway facilitated.
SaaS has become a common delivery model for many business applications, including office and messaging software, payroll processing software, DBMS software, management software, CAD software, development software, gamification, virtualization, accounting, collaboration, customer relationship management (CRM), management information systems (MIS), enterprise resource planning (ERP), invoicing, human resource management (HRM), talent acquisition management and other software and infrastructure services.
In SaaS, software and application data is hosted on a remote cloud and can be accessed on demand from any location using secured login credentials.
SaaS software is multi-tenant that allows many instances of the software to be accessed and are on the same application version.
Users have an option to select features and functionality to use in the standard solution and in the regular releases that are introduced by the vendor.
SaaS Solution is based on multitenant architecture where a single configuration is applied for all the tenants or customers. To provide scalability, you install applications on multiple machines, SAP Success Factors Course in Noida.
The following screenshot shows the homepage of SAP SuccessFactors. At the top, you have a search option where you can perform any active search. In addition, you will find a To-Dos tab to quickly access daily tasks and a help & tutorial tab that you can use to seek any help related to SuccessFactors.
Benefits of Cloud Solutions
The major benefits of using Cloud environment are as follows −
Cost Effective
Capital Expenditure − Capital Expenditure is involved in IT infrastructure for on premise solutions. Cost of IT infrastructure is very high. Example: Servers, interfaces, network devices, etc.
Operational Expenditure − In a Cloud solution, you do not need capital expenditure, so it saves huge money to procure hardware platforms. In a Cloud environment, hardware is shared and procured by Cloud service provider and the company has to bear only operational costs like users and maintenance of tenant.
