SuccessFactors is a cloud-based Human Capital Management (HCM) software suite developed by SAP. It helps organizations manage various HR functions, including:
• Recruiting and Onboarding – Streamlines the hiring process and integrates new employees smoothly.
• Performance & Goals Management – Tracks employee performance and aligns goals with company objectives.
• Learning Management System (LMS) – Provides training and development programs for employees.
• Compensation & Benefits – Manages salaries, bonuses, and benefits efficiently.
• Workforce Planning & Analytics – Uses data-driven insights to optimize HR decision-making.
• Employee Central – Serves as a core HR system for managing employee records, payroll, and time tracking.
Since it’s cloud-based, SuccessFactors allows businesses to scale easily and access HR data from anywhere. Many companies use it to improve workforce productivity, engagement, and compliance.
