Introduction to SAP SuccessFactors | SF history | SF Employee Central

SAP SuccessFactors

What is SAP SuccessFactors?

SuccessFactors is developed on Software as a Service model (SaaS), and is a cloud-based solution and allows organizations to manage various HR functions like recruiting, tracking people performance, business alignment etc. on the cloud environment.

History

SuccessFactors was founded in 2001 by Lars Dalgaard and is one of the leading SaaS performance, compensation, learning, and talent management vendors based in San Mateo, California

Acquisition by SAP

On December 3, 2011, SAP AG and SuccessFactors announced about the acquisition of SuccessFactors by the SAP America, Inc., the subsidiary of SAP. Thereafter SuccessFactors would retain its name and acts as independent as an SAP company. On February 16, 2012, the acquisition was completed.

To expand their recruitment product offering, SAP, later in 2014 acquired KMS for On-boarding.

Other acquisitions

SuccessFactors has acquired quite a few companies before its acquisition by SAP in 2012.

Infohrm (Australian-based HR analytics business), YouCalc (Denmark based SaaS service), Plateau, Jobs2Web, Inc are acquired in Feb’10, Oct’10, April’11, Dec’11 respectively.

Architecture

There are two deployment models with SAP SF

·       Talent Hybrid

·       Full Cloud HCM

What is Employee Central?

SuccessFactors Employee Central focuses on core operational processes and it is an integration of HCM web-based applications. It manages the main HR operations.

Here are few most important features of SuccessFactors’ Employee Central.

• Since SuccessFactors is a cloud platform and manages once in a quarter, Employee Central can track the changing workforce structure of an organization.
• It can manage various events that occur in the life cycle of an employee like promotions, job transfers, new hire, new assignments, and many others in Employee Central.
• Integration of SuccessFactors Employee Central to ERP provides better quality HR solution.
• Outsourcing functions, integration with other third-party products, cloud solution portfolios etc. are some other services provided by SuccessFactors.

Learn Sap SuccessFactors course or Sap SuccessFactors Online Training to master in SuccessFactors

Key features of SAP SuccessFactors

• Recruitment
• HR Transactions
• Changes and Transfers
• Position Management
• Time Off
• Payroll Time Sheets
• Reporting, Compliance, and Auditing
• Integration & Extensibility
• Learning and development

Few Top Companies using SAP SuccessFactors

Hilton, Siemens AG, Comcast, Advanced Micro Devices, and Wal-Mart