Automate the Compensation Process End-to-End inside SAP SucessFactors®

4.8 rating4

Automates the compensation process end-to-end for HR, HRBP, HRIS, compensation teams, managers, and executives, removing the manual spreadsheets that fill gaps in standard configuration. Handles recommendations, reporting, budget management, plan design, and rules. Ingests data from multiple sources, validates it for accuracy, and runs reliably every cycle. Extends SAP SuccessFactors natively, built on SAP BTP.

By Enterprise Information Resources Inc

Benefits

  • Provides comprehensive, real-time, advanced compensation reports

    Advanced Compensation Analytics is a seamless extension that provides simple, real-time, advanced compensation reports to Managers, Executives, HR, and Compensation administrators. These customizable reports can help manage plan budgets, allow quick analysis, identify internal equity gaps, and provide easy calibration for executives to complete the cycle.

  • Automate and Streamline Monthly Accrual Processes with Automated Calculations

    Leverage your variable pay template to calculate monthly accruals and generate accurate accrual reports. WORKstream provides tools to automate data scrubbing and data transfer tasks, making monthly accrual generation fast and simple. Remove the guess work from your accruals process using WORKstream.

  • Ensures data accuracy and saves time by automating your data management process

    WORKStream automates common data challenges. Employee information can be inconsistent and contain exceptions that must be captured and adjusted. Without WORKStream, compensation professionals rely on a time-consuming, manual process of reviewing data to find and fix errors.

  • Transforming and creating the Variable Pay History Import File

    History capture begins with loading the history row for each participant. New data is compared to the history already captured; if it is different, a new row is created. Corrections can be handled directly with the background element. Once calculated, variable pay history can be calculated, the worksheets created, and comp statements generated. You can create the variable pay history file when necessary, it also supports periodic accrual reports

  • Generate Customized Total Compensation Statements

    Create customized Total Compensation Statements by consolidating and transforming multiple files produced with ad hoc reports. Consolidate different compensation statements created at other times of the year for merit, short-term, and long-term incentives and plans not administered in SuccessFactors. Produces Total Compensation statements by consolidating them into a single form.