When it comes to understanding SuccessFactors for the first time, you’ll start to find a whole range of abbreviations and buzzwords, which can be confusing to understand. Here at TalenTeam, we have put together a useful list to help you to know the terminology from the SAP SuccessFactors Suite.
An Applicant Tracking System (ATS) is a tool which can map the entire recruiting process for candidates. This recruitment program can also do the following:
The Career Development Planning module (CDP) brings many functionalities related to employee development and career planning. The Career Development Plan is one of its main functionalities that enables employees to record their personal or career Development Goals.
Employee Profile (EP) is a key feature in SuccessFactors, which views the key features of an employee. This can include:
When the V12 update was implemented in 2017, Employee Profile was replaced by People Profile.
Employee experience (EX) is a business function which monitors how employees feel during their experiences at work. Every single touchpoint of the employee’s journey is traced to identify any improvements.
Goal management (GM) helps employees to align individual goals with the company business objectives. It ensures that everyone is working on similar goals to stay on the right path to achieve organisational goals.
SAP SuccessFactors is a cloud-based human capital management software (HCM). One of the most common names used for this software is SuccessFactors HCM Suite.
Human Experience Management (HXM) is a new human resources solution, that focuses on employee experiences to create the kind of engagement that drives better results.
The Job Requisition Data Model is a technique used to export data from an SAP ERP system and map to SuccessFactors HCM Suite fields. The ID of the job requisition is transferred from SuccessFactors to the SAP ERP system if a new job requisition has been created in SuccessFactors for the position to be staffed.
SAP SuccessFactors Learning Management System (LMS) is designed to get the most out of your employees while improving efficiency to reduce wasted costs from poor decision making and mismanagement. It allows organizations to provide training environments for their partners, customers, and extended business network to drive revenues, and attract and satisfy customers.
Also known as SAP SuccessFactors Onboarding, ONB covers all aspects of the employee lifecycle. From the first day of work to the last, SuccessFactors also facilitates a simple, clean offboarding process you would come to expect.
SAP SuccessFactors Performance & Goal Management (PMGM) is a powerful tool that helps your organisation to:
Recruitment Management (RCM) is a recruitment marketing solution from the SuccessFactors Recruiting tool that aims to attract and engage top talent, choose and appoint best-fit candidates, and monitor the business results.
Succession & Development (S&D) is a tool which helps the user identify, develop, and retain the employees needed to build a talent pipeline for essential roles. Other useful features include:
Workforce Analytics is an SAP SuccessFactors Suite Module that provides concrete and actionable insights on workforce data to drive your business strategy today and help you plan for the future.
It helps increase the effectiveness of HR through a comprehensive library of more than 2,000 standard metrics, industry benchmarks, and HR best practices that help measure the things that matter.