What is SuccessFactors?
SAP SuccessFactors solutions are cloud-based HCM software applications that support core HR and payroll, talent management, HR analytics and workforce planning, and employee experience management.
What is the difference between SAP HR and SuccessFactors?
SAP SuccessFactors is a cloud-based SaaS (Software as a Service) platform, while SAP HCM is SAP’s original on-premise HR solution. Essentially, both solutions solve the same Business problem: Human Resource Management.
Successfactors available on Cloud or On premise?
SAP SuccessFactors works as a Software as a Service (SaaS) and is available only as a Cloud. There is no On-Premise version available. The licenced software is designed on a subscription basis and is centrally hosted on a remote cloud.
How many modules does SuccessFactors have?
SAP has been continuosly adding new modules & features to SuccessFactors. Here is the list of most common modules available in SF:
Employee Central
Learning Management System
Succession & Development
Performance & Goals
Compensation
Recruiting
Onboarding
Workforce Analytics
History of SuccessFactors
SuccessFactors was founded in 2001 by Lars Dalgaard. During its first decade, SuccessFactors acquired five companies to bolster its cloud-based offerings. SuccessFactors went public in 2007.
In early 2012, SAP acquired SuccessFactors for $3.4 billion and made it an indirectly wholly owned subsidiary. It was renamed SAP SuccessFactors.
What is Successfactors Half Yearly releases?
SAP SuccessFactors product releases occur twice a year; in April/June there is the first half release (1H) and in Oct/Nov there is the second half release (2H).
