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SuccessFactors - Next Generation HCM Technology

Vendor Analysis

by Elizabeth Rennie

published on May 23, 2018

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Report Overview:

This NelsonHall assessment analyzes SucessFactors' offerings and capabilities in next generation HCM technology.

Who is this Report for:

NelsonHall’s HCM Technology Vendor Assessment for SuccessFactors is a comprehensive assessment of SuccessFactors’ HCM platform offering and capabilities designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of HCM technology and identifying vendor suitability for HCM technology RFPs 
  • Vendor marketing, sales, and business managers looking to benchmark themselves against their peers 
  • Financial analysts and investors specializing in the HR Technology sector 
  • HR and payroll decision makers.

  

Scope of this Report:

The report provides a comprehensive and objective analysis of  SuccessFactors’ Next Generation HCM Technology offering, capabilities, and market and financial strength, including: 

  • Identification of the company’s strategy, emphasis, and new developments  
  • Analysis of the company’s strengths, weaknesses, and outlook  
  • Revenue estimates  
  • Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts  
  • Analysis of the company’s offerings and key service components  
  • Analysis of the company’s delivery organization including the location of delivery locations.   

Key Findings & Highlights:

SuccessFactors (an SAP company), headquartered in San Francisco, CA, is a global provider of cloud based HCM software.

Founded in 2001, SuccessFactors was acquired by SAP America in February 2012 specifically for its cloud-based talent management capabilities, with SuccessFactors remaining an independent company and subsidiary of SAP America, Inc.

Today, SuccessFactors has ~6,400 clients across ~60 industries, supporting ~100m users in ~200 countries and territories.

SuccessFactors cloud based HCM platform offering provides the following modules:

  • CoreHR:
    • Employee Central
    • Payroll 
    • Global benefits
    • Service Center
    • Time and Attendance
  • Talent Management:
    • Recruiting
    • Onboarding
    • Learning
    • Succession and Development
    • SAP Enablement Now
    • Performance Management
    • Compensation
  • Analytics:
    • Workforce analytics
    • Workforce planning.

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