SAP HR (Human Resource)/HCM (Human Capital Management) is considered to be a key module used in SAP. It is a type of software, which is designed for automating the record-keeping processes. That’s why; this is known to be an ideal framework used by the HR department. There are several sub-modules integrated into SAP HCM mentioned as –
- Organizational management
It generally involves personnel cost planning, event management, and personnel development.
- Effective time management
This module is all about attendance, time recording, shift management, schedule, and others.
The personal administration involves personal and organization structure, integration with payroll and time, info types, and others.
Payroll is a kind of submodule that generally deals with payroll group configuration, payroll types, gross pay, bonus, primary and secondary wages.
It defines hiring the employee, maintaining HR master data, and others.
Whenever we talk about travel management, it is about managing official trips, travel expenses, and cost management for travel.
- Event and training management
This kind of module generally deals in scheduling the training, identifying training requirements, training cost management, etc.
Enormous benefits of using SAP HCM/HR
Whenever we talk about the SAP HCM/HR, there are lots of advantages associated with this module.
- Higher automation and time savings
SAP is generally designed for automatically applying the policies as well as employees’ data. Any type of reduced data entry allows maximum time for value-adding activities.
- Upgraded reporting capability
Reports are known to be tool managers required for analyzing different operations running in a company and also search for opportunities. With SAP HCM, it is possible to export the reports in excel files and do the required manipulation.
- Automated adjustments
Now, with the introduction of SAP, it is possible to make the compensation adjustments automatically whenever required.
- Boost up the employee history data
There are various scenarios in which organizations require essential planning information. Due to the presence of SAP, the information is much organized and user-friendly as well.
- Improved budgeting
Budgeting is a very important thing for a company, and SAP HCM helps improve the exact planning information. Thus, it is also possible to improvise the budgeting section.
The young generation nowadays is attracted towards the SAP future scope as there are lots of jobs offered by the multinational companies. Before making any decision, first of all, it is required that students should understand appropriately about the use of SAP.
Enroll for SAP HR/HCM Training
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