SAP has connected SAP SuccessFactors Workforce Planning and SAP RealSpend solutions to provide managers with real-time visibility into financial forecasts of headcount plans and help improve expense controls and alignment between HR and finance.
The announcement was made at this week’s SuccessConnect event in Las Vegas.
SAP SuccessFactors Workforce Planning is a cloud-based solution to enable ongoing operational headcount planning throughout the year, in response to changing business conditions and shifting organisational needs, while SAP RealSpend, part of the SAP S/4HANA Cloud for finance portfolio, provides live access to budget and spending information.
Together, the two solutions will interoperate to provide increase accuracy of headcount forecasts through access to real-time detailed financial data included ‘hidden expenses’ such as workspace costs and travel; improved cost controls through being able to respond to actual spending data; and have data from both HR and finance shared in the same source, for closer alignment.
The connection will be generally available with the SAP SuccessFactors Q3 2017 solution release.
“Today’s dynamic organisations have access to new levels of data and operating insights, yet cannot achieve their goals for digital innovation without empowering their workforces at the core of their strategies,” said SAP SuccessFactors president Greg Tomb.
“SAP recognises that seamless connectivity between enterprise systems and applications is fundamental to digital transformation. We are committed to making sure that our customers’ digital and workforce planning strategies are more intelligent, automated and insightful than ever before.”