WALLDORF, Germany, Dec. 15, 2020 /PRNewswire/ -- SAP SE (NYSE:
SAP) today announced the SAP® SuccessFactors® Time Tracking
solution. The new cloud-based solution provides organizations with
simple, innovative tools to record, approve and monitor the time of
their workforce. Built with an intuitive user interface, SAP
SuccessFactors Time Tracking enhances the employee experience and
helps ensure people are paid accurately, on time and in accordance
with local regulations.
With advanced time and attendance capabilities, SAP
SuccessFactors Time Tracking delivers a real-time view into
employees' time entry, providing greater transparency into their
pay and better control over their work schedule and overtime.
Leaders can strategically track and minimize labor costs for both
hourly and salaried employees with embedded insights and
dashboards, helping to improve productivity throughout the
workforce. The solution integrates with the SAP SuccessFactors
Employee Central and SAP SuccessFactors Employee Central
Payroll solutions and on-premise payroll software from SAP as well
as with clock terminal integration services. This enables
organizations to share relevant data across multiple systems to
help ensure accurate payments. Furthermore, the SAP SuccessFactors
Time Tracking solution is designed to support global operations
with localized time content, including holiday calendars,
country-specific pay information and messages in local
languages.
"The SAP SuccessFactors Time Tracking solution provides
employees with the personalization and simplicity they would expect
from a consumer-grade experience," said Amy
Wilson, senior vice president, HXM Product & Design, SAP
SuccessFactors. "At the same time, it delivers the innovation our
customers need to manage diverse and global workforces and provides
greater flexibility on their journey towards the cloud."
Key benefits and features planned for the SAP SuccessFactors
Time Tracking solution include:
- Greater flexibility for employees: To help
employees manage their work-life balance, time account payout
allows eligible employees to choose either to be paid for their
overtime or to use it toward time off. Flextime handling enables
employees to determine the start and end times that work best for
their schedule.
- Streamlined time administration: Smart time tracking
allows employees to clock in and out at terminals and track time
across midnight. It enables HR to set automatic alerts to remind
employees and managers about time sheets and clocking out. Time
alerts provide warnings and error messages that allow
administrators to review and fix time keeping and management
issues, such as excessive overtime. Additionally, the time
valuation trace feature provides detailed insights into each
valuation step for an employee, demonstrating how specific time
entries are calculated. This supports HR in quickly and easily
answering employees' questions about their pay.
- Enhanced transparency of pay processes: With intelligent
approval workflows, HR can set rules to automate batch time-sheet
approvals. With single-record approval, managers can preapprove
specific requests, such as travel time.
- Increased visibility into the total workforce: Leaders
can access a complete view of workforce labor costs, including
planned and recorded time sheets, time accounts and pay types. This
informs workforce costs, leave liability and productivity, and
supports better decision-making.
"The new SAP SuccessFactors Time Tracking solution is an
important addition to SAP SuccessFactors Human Experience
Management Suite," said Steve
Goldberg, vice president and research director, Ventana
Research Inc. "Automating and enabling these processes can be
arduous, even complex, and the limitations of on-premise legacy
solutions did not help. This cloud-based time management solution
offers a broad set of foundational and innovative capabilities,
coupled with the type of modern user interface that customers have
come to expect from SAP SuccessFactors solutions."
Availability of the SAP SuccessFactors Time Tracking solution is
planned for January 2021. Learn more
about the solution at sap.com/time-tracking.
Visit the SAP News Center. Follow SAP on Twitter at
@SAPNews.
About SAP
SAP's strategy is to help every business run
as an intelligent enterprise. As a market leader in enterprise
application software, we help companies of all sizes and in all
industries run at their best: 77% of the world's transaction
revenue touches an SAP® system. Our machine learning, Internet of
Things (IoT), and advanced analytics technologies help turn
customers' businesses into intelligent enterprises. SAP helps give
people and organizations deep business insight and fosters
collaboration that helps them stay ahead of their competition. We
simplify technology for companies so they can consume our software
the way they want – without disruption. Our end-to-end suite of
applications and services enables business and public customers
across 25 industries globally to operate profitably, adapt
continuously, and make a difference. With a global network of
customers, partners, employees, and thought leaders, SAP helps the
world run better and improve people's lives. For more information,
visit www.sap.com.
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