Employee Experience Management with SAP SuccessFactors and Qualtrics
The spread of COVID-19 has advanced the need for a single workforce management system (Human Capital Management system) that assists people in managing their jobs, rewards, development, payments, and many such areas. It’s during such a crisis that we realize the need for our HCM system to be well-connected and tightly integrated with other enterprise systems such as IT, security, and financials. This is where SAP SuccessFactors Human Capital Management solutions join hands with Employee Experience Management solutions from Qualtrics. All these solutions come packed in the SAP SuccessFactors sales bag.
Related Reading: How Can SAP Help Manage Your Payroll Under The COVID-19 Crisis
How SAP SuccessFactors and Qualtrics transform workforce management
SAP SuccessFactors has transformed from an HCM vendor to an HXM (Human Experience Management) vendor with Qualtrics. Businesses have come to terms with the fact that human experiences matter and the organizations that focus on delivering the best employee experiences realize the most stunning results. While you get your operational data or O-data from HCM systems, Qualtrics brings in the experience data or the X-data that measures an individual’s emotions, notions and goals in specific scenarios. Thus, by analyzing your employee’s perspective both inside and outside work, you build a better relationship with them.
By combining the X and O data you can connect operational HR data with employee experience data. With these, you are armed with information based on facts as well as perception. Whether it’s for routine work events like performance reviews, role change, or for unexpected events like the outbreak of a pandemic, companies can continuously monitor and act upon the data collected. This, in turn, helps you to predict challenges, correct errors, and deliver meaningful results. Thus SAP SuccessFactors and Qualtrics allow you to win in today’s experience economy.
Three employee experience management solutions from SAP Qualtrics
SAP Qualtrics has introduced three employee experience management solutions that help HR leaders to gather insights by leveraging the data that is collected throughout the employee lifecycle based on feedback.
1. SAP Qualtrics Employee Engagement
This solution focuses on the factors that drive employee engagement and productivity enabling HR leaders to leverage real-time insights to attract, nourish, and retain the best talent. This solution records information through employee feedback which helps managers to use employee experiences to identify key focus areas and take necessary actions. The Qualtrics Employee Engagement solution uses powerful Text iQ analytics to scrutinize open text responses. It helps you to easily make out trends, scan topics, and track employee attitude. Managers can use the configurable and role-based dashboards to track the effects of any upgrades and drive results.
2. SAP Qualtrics Employee Lifecycle
This solution continuously gathers data from employees across their entire journey with the organization and manages their experiences to gain insights that drive improvements. These real-time insights help spot gaps and close them w.r.t expectations and reality. Expert onboarding and exit content, data related to workflow and automation– all these can be directly embedded in the existing HCM system. Using this solution, organizations can understand the key drivers causing attrition and take appropriate actions to retain the best talent.
3. SAP Qualtrics Employee Benefits Optimizer
As global markets continue to tighten, organizations have to compete to attract and retain the best talent. SAP Qualtrics Employee Benefits Optimizer takes the guesswork out of the process of determining what employees want in terms of benefits offered. You can easily recognize the most suitable benefits and compensation packages that are in tune with the unique culture and budget of your organization by leveraging the choice-based conjoint methodology that is a characteristic of this top-notch solution. You also become aware of the trade-offs that your employees are willing to make through ongoing surveys and analysis. HR managers, thus arrive at the most optimal packages even with changing preferences of employees and shifting market dynamics.
With SAP transforming HCM into HXM, HR systems are shifting towards micro-experiences. HXM systems let you manage all HR, IT, scheduling, and all work-related activities making it an integrated employee platform. With HR leaders struggling to find effective ways to move forward in the wake of the COVID outbreak, SAP SuccessFactors and Qualtrics enables you to manage your total workforce holistically.
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We’ve been supporting managers and leaders to expertly run, use, and maintain various SAP solutions. Get in touch with us to understand how you can leverage SAP SuccessFactors and Qualtrics Employee Engagement to improve your workforce engagement and experience.