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Manage Headcount Planning With SAP Analytics Cloud and SAP SuccessFactors

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source link: https://blogs.sap.com/2021/07/12/manage-headcount-planning-with-sap-analytics-cloud-and-sap-successfactors/
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Business Trends
Posted on July 12, 2021 6 minute read

Manage Headcount Planning With SAP Analytics Cloud and SAP SuccessFactors

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Many significant changes in the world affect the success of a company. One most crucial factoid is that companies rely heavily on effective HR operations and an empowered workforce to push through the stiff competition online and be successful. The HR team members offer a considerable part in making their company successful by providing helpful insight regarding the workforce that will help support strategic decision-making processes.

SAP Analytics Cloud offers a successful way to enhance your HR processes using the new embedded SAO SuccessFactors People Analytics. Many businesses have been using the feature to provide more insights during analysis. However, you can bring more meaningful and actionable insights that encompass all your business processes. The best way to use this impressive feature is by integrating the data for all the workforce and other data from the businesses. Therefore, you will incorporate people data, finance, and spend that will help to drive the company to achieve a data-driven approach to make perfect decisions for their future success.

SAP Analytics Cloud offers the Enterprise editions that will help to accelerate your HR department to the next level. Learn how you can manage the process here.

Using SuccessFactors in Business

HR managers need to interact actively with the workforce to ensure they are on the right track to fulfill the planned business processes. The HR team needs to manage employee experience to boost morale at work and ensure every employee is satisfied with the roles offered to them.

The main task for the HR manager involves Headcount planning, focusing and assessing, managing headcount and schedule, slavery, divert, employee satisfaction, and performance. All these processes are applied to boost company activities through sales and high production. However, it can be challenging to increase multiple operations in a business and manage operations fast with accuracy.

Some of the changes the HR team encounter during their services in the business include:

  • Data spread in the multiple systems: the HR teams need data from headcount, talent management, recruiting, payroll, finance, and more involving the workforce to create their reports. Data in a business is consistently spread across the various systems and departments in the company. It takes a lot of time to configure all these fragmented data into one and make a perfect final report. There is no standardized approach to merge and summarize data from unrelated departments to make a report used to look at a business process. The challenge leads to silos of unsorted data on the company that will affect the quality of reports produced by the HR team for the company. Poor reports lead to poor quality of decisions that can drive a business to experiences losses.
  • Receiving information on time: The world is fast-paced with digitalization and social media in marketing and sales. There is a need to receive and analyze data in real-time to get quality insights to drive your business. HR is always busy trying to get data from the departments while sorting out the large datasets to ensure all insights are directly related to the company processes. They need to be sure to get all the influencing factors related to headcount. Therefore, retrieving and analyzing data coming from the department can be very slow if there is no form of automation. It is impossible to integrate the data as a continuous process like it is needed for high-level business planning processes.
  • Difficult to detect business trends: The HR team is concerned with being a fact-based and strategic partner of the company. They also need to detect future outcomes like flight risk or salary budget to keep the business aware of all challenges and success on their way. It is not easy to predict the future without the right tools to perform and make quick decisions regarding the predictive analysis. It leaves the HR teams crippled with no data analysis to help predict future trends effectively.

Use of Enterprise Analytics for Headcount Planning

The HR team has a massive advantage with the new embedded analytics when using the SAP SuccessFactors People Analytics solution. It offers a vast range of benefits to keep all data secure and for fast and predictive analytics. It is easy to upgrade to the Enterprise Edition of the SAP Analytics Cloud for faster services.

The HR department’s top benefits enjoyed from the new SAP Analytics Cloud are solutions to the challenges faced by the team to perform their services efficiently.

Consolidate Data to Create One Source of Insights

The major problem in HR is to have common data that can be analyzed in real-time. The new SAP Analytics Cloud allows you to connect data from finance, HR, SAP S/4HANA, and SAP SuccessFactors to a common area in the SAP Analytics Cloud. The process is effective and automated through live and import data connections. You will also integrate the Cloud with other SAP and non-SAP third-party applications to create a harmonized data source view.

The seamless connection between the various departments such as HR, Finances, and SAP Analytics Cloud Solution makes it easy to integrate business data to a common place. The new features promote data governance and establish enterprise-wide versions of a common truth to formulate further effective business processes.

Free HR Headcount Business Content

The streamlined and consolidated data is still meaningless without further analysis. However, various tools in the SAP Analytics Cloud to make sense of the data are simple steps. The vast content network found on the Cloud effectively plans content for the SuccessFactors with templates for visualizations models, forecast scenarios, and more features for reporting.

There is no need to create the HR Headcount Planning process from scratch. You will use the available templates making the world more straightforward and effective. The need for factual data is essential in this case to ensure you don’t lose track of your data. More time is needed for generating insights and taking action to manage the workforce for swift business processes.

Powerful Data Visualization and Advanced Analytics

SAP Analytics Cloud offers the HR department with a perfect user interface in the dashboard with advanced analytics features and visualizations. The various charts on the dashboard will enable fast analysis of:

  • Training spends
  • Hire and Attrition trends
  • Planned headcount and cost
  • Time-offs year to date
  • Details on diversity

These features allow a fast overview of the headcount to make judgments instantly. You can also add filters to the pages by country, location, and business areas. The use of insights in this analysis is effective since it is right there on the screen. There is no need for calculations or more research to make a complete action.

Meaningful Insights with Augmented Analytics

The HR department can unlock more insights from headcount planning using the SAP Analytics Cloud’s artificial intelligence and machine learning capabilities. These intelligent insights are quick to comprehend top contributors in a specific data point without having to scroll through each to find what is needed. Therefore, there is no manual slicing and dicing through data to get insights.

Furthermore, you can use the natural language query feature to inquire about the data and make appropriate changes. The search insight will provide answers to questions regarding the consolidated data effectively. Getting decisions on the fly for the data-based reduces analysis time, making the processes effective for business.

Predictive Analysis for Future Outcomes

Bringing headcount plans and actual data in one place is the best thing a business scan ever has in these automated digitalization platforms. SAP Analytics Cloud capabilities offer you a continuous, event-based churn and budget forecasting that you need to improve your business and take it to the next level.

Whether you want to predict an employee churn or business process, you can use the Smart Predict that offers meaningful management conversation to offer a high contribution churn. The HR team can form better conversations between managers and employees across all departments of the company at a go.

These tools offer you leverage to predict the future effectively. You can anticipate and predict losses helping to create processes to alleviate them. Immediate actions will be more focused on improving all business processes.

Version Management Tool for Comparing Plans

You can also simulate future outcomes on the headcount planning using the Version Management tool in the SAP Analytics Cloud. It helps plan all possibilities and outcomes and see how different plans relate to the actual data. SAP Analytical Cloud’s Version Management helps in creating, copying, and managing different versions of data. The data you can use here include actuals, planning, budget, and forecast/rolling forecast easily without affecting your business official plan.

The version management is also effective for:

  • Conduct variance analysis to ensure the forecast is on budget.
  • To explore, share, and publish different scenarios accurately without losing any of the original data.
  • Simulate different outcomes to roll a customized version back to the previous state with ease when there is a need to change.

Leveraging SAP Analytic Cloud in the business, you can solve all issues with data recovery and analysis. It is a perfect HR strategy to ensure date reports are accurate and have the business run effectively and enjoy future success. The power of SAP SuccessFactors and SAP Analytics Cloud integration is a perfect advantage to all businesses to move their business forward. Join the movement now.


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