Human Capital Management – SAP – HCM

SAP is a software used for the holistic use of the enterprise. An enterprise's arbitrary definition is a group of people that combine their efforts to accomplish collective organizational goals. Human Resource (HR) is now identified as a form of capital. Hence, the transformation from HR Management to Human Capital Management creates the requirement of integrated software that can help manage Human Capital in a way that it proves to be more profitable for the organization.

The SAP provides a solution for it and has developed Human Capital Management (SAP HCM). SAP HCM is among the main modules in SAP that plays a vital role in developing and managing proper management of the organization.

HCM is one of the most critical processes in enterprises across all industries. HR is generally viewed as the process of recruitment, training & development, etc. even though HR has a broader scope beyond this general conception. HR is now directly proportional to the profits earned by the organizations. Hence, SAP HR and SAP HCM find their depth and importance to be learned and executed. 

There are various sub-models in SAP HCM for different processes.

·         Organizational Management

·         Personnel Administration

·         E-Recruitment

·         Time Management

·         Payroll

·         ESS and MSS

·         Reporting

Organizational Management: This defines an organized way to make different people work under a common platform towards achieving a pre-defined goal. It ensures smart time management.

Personnel Administration: This defines the process of managing the Human Resource of the organization by way of compensation, benefits, new employee orientation, performance appraisal, and much more.

E-Recruitment: This is an automated and systematized web-based recruiting process that assists HR professionals in hiring appropriate talent. It opens up groundbreaking ways of recruitment processes in an organization. 

Time Management: This process assists people in planning, recording and evaluating the employee’s performance during time management.  The method also maintains attendance management, calculation of wages, login and logout reports, etc.

Payroll: This process defines the pay scale and compensation paid to employees. From salary to overtime pay, off days’ pay, and compensation program, this process encompasses all the calculations.

ESS and MSS: Employee Self-Service helps employees to track various data of their tenure in an organization individually. On the other hand, Management Self-Service is a vital process for the managers to create and maintain the data of employees.

Reporting: It allows the HR team to deliver comprehensive and up to date information of all the employees. The reporting tool also allows tracking the hierarchal structure followed in an organization.

These SAP HCM modules allow the HR team to work efficiently towards managing employee profiles and data within an organization. 

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