Differentiating Business Value Drivers and Benefits of Core HR and Payroll

Objective

After completing this lesson, you will be able to differentiate SAP's business value drivers and benefits of Core HR and Payroll.

Business Value Drivers and Benefits of Core HR and Payroll

Differentiating Business Value Drivers and Benefits of Core HR and Payroll

Given the crowded and ever-changing HCM market, it’s important to understand the unique value that SAP SuccessFactors Employee Central Core and Payroll provides. Read on for a brief overview of why organizations choose SAP SuccessFactors over the competition.

SAP SuccessFactors Employee Central Core and Payroll provide exceptional global coverage.
  • Enhanced workforce experience through a single mobile application for HR, Time, and Payroll, alongside AI copilots: The SAP SuccessFactors user interface provides a seamless, consumer-grade user experience across all devices. The powerful mobile app allows admins, managers, and employees access to the information they need. And to increase collaboration, the organizational chart makes it easy to find key contact information of colleagues.

  • Improved payroll accuracy with real-time entry and continuous payroll evaluation helps ensure employees are paid accurately and on-time.

  • Increased decision-making capabilities through intelligent dashboards and reporting: Report stories provide reporting, insights, and dashboards, enabling cross-suite reporting based on live transactional data across the SAP SuccessFactors HCM suite and leveraging SAP Analytics Cloud technology for visualizations.

  • Support for expansion and growth with localization around the world: Superior localization capabilities enable organizations to adapt to local business practices and laws with support for more than 100 countries and territories, including 47 languages and 166 currencies.

  • Increased HR efficiency and more time for HR staff to engage with the workforce: Harmonizing processes improves operational efficiency with consistent, standardized processes for core HR and beyond.

  • Improved management of HR operations with increased visibility and compliance support: Regulatory burdens add further complexity to HR operations. For example, the COVID pandemic led to a significant increase in legal changes. Local government regulatory changes have further increased this regulatory burden. SAP’s team of local experts work with legal advisors and government authorities to research and monitor each country’s laws, allowing SAP to address over 700 HR-related legal changes every year. This localization is available for more than 100 countries and territories for Employee Central and more than 50 countries and territories for Employee Central Payroll. Best practices help avoid non-compliant legal risk and related financial implications.

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