An integrated element of SAP ERP systems called SAP HCM (Human Capital Management) aids businesses in managing their HR procedures. It includes a broad range of HR-related duties, such as strategic workforce management and administrative work. This is a thorough synopsis.
SAP HCM
Systems, Applications, and Products in Data Processing (SAP) offers a comprehensive human resource management solution known as SAP HCM, or SAP Human Capital Management. It is intended to support businesses in successfully and efficiently managing their human resources. A number of modules under SAP HCM handle different aspects of HR. In January 2022, I last updated my knowledge. SAP SuccessFactors, the company’s cloud-based HR solution, has been replacing the SAP HCM suite.
Among the main features and modules of SAP HCM (on-premise) are:
Organizational Management (OM): This module aids in the definition and administration of organizational components, including organizational units and reporting hierarchies.
Personnel Administration (PA): PA is in charge of maintaining master data on employees, which includes private and work-related information.
Time Management (TM): This module manages the procedures for timekeeping, attendance, managing absences, and evaluating time.
Payroll (PY): The PY module oversees the processing of payroll, which includes tax deductions, computations, and adherence to regulatory requirements.
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