HCM and SAP S/4HANA – Benchmark Report

Published: 30/June/2023

Reading time: 1 mins

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Key Takeaways

⇨ Learn about the adoption trends of fundamental HR technologies and forward-thinking tools like AI and cloud-based platforms.

⇨ Understand how this blend of traditional and modern influences is sculpting the future of HR technology. Comprehend the significance of HR compliance regulations and the function of HXM systems in aiding businesses to stay at the forefront in a complicated regulatory environment.

⇨ Gain insights into why leading organizations surpass their peers in HXM adoption and learn how you can mirror their strategies for your organizations.

SAPinsider research highlights the necessity of a human-centric approach in workforce management to drive positive business outcomes. Human Experience Management (HXM) systems, such as the SAP SuccessFactors HXM Suite, are designed to improve employee experiences, enhance engagement, and boost productivity. This shift is especially crucial for 80% of the global workforce, consisting of frontline or shift workers. For SAP organizations, integrating HXM during enterprise transformations powered by SAP S/4HANA can result in heightened operational efficiency, cost savings, and superior overall business performance.

The research also uncovers the tangible benefits of merging cloud-based HXM systems with fundamental HR solutions, such as time and attendance management. Approximately 27% of organizations surveyed reported a favorable ROI and a competitive edge over their peers due to this strategic implementation. Leading organizations are 33% more likely to implement SAP HXM SuccessFactors in the cloud, suggesting a forward-thinking approach toward HXM adoption. These organizations demonstrate a significantly higher adoption rate of fundamental HR technologies, particularly in time and attendance management, with an adoption rate of 83%.

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