Mastering HR & Wages Planning with SAP Analytics Cloud for Planning (SAC)
HR and wages planning or budgeting goes beyond numbers—it’s about managing privacy, multiple wage components, individual contracts, and high-level strategic planning and more. SAP Analytics Cloud (SAC) for Planning offers solutions to ensure your HR planning is both secure and efficient.
1.Privacy Protection:
Safeguarding employee data is crucial. SAC’s advanced authorization protocols ensure that only the right people have access, allowing confident, data-driven decisions while maintaining privacy.
2.Multi-Level Budgeting:
On one hand, HR budgeting plans for individual positions (Ex: pay raises or bonuses). On the other hand, it involves strategizing for expected workforce changes within each department based on job level. SAC’s top-down and bottom-up modeling seamlessly integrates these aspects, resulting in a comprehensive financial plan.
3.Seasonality:
Seasonal changes and special payments (like bonuses or extra staff during busy periods) require adaptability. SAC anticipates these fluctuations with dedicated calculations tailored to your unique business cycles.
4.Global Perspective on Currencies:
In a global company, currency fluctuations can make financial planning unpredictable. SAC’s multi-currency scenarios provide a level of certainty by offering insights based on a range of possible outcomes, ensuring more informed and reliable decisions.
Once your budget is complete, it can be easily aggregated to the department or cost center level. The total plan can then be exported to other models (such as OPEX, SG&A, etc.), masking individual job and position details. This approach ensures privacy while allowing other departments to develop their own comprehensive plans and budgets.
At Convista, we don’t just implement solutions; we craft strategies that transform your HR and wages planning. With SAC, we help you navigate complexities with creativity and foresight. Let’s empower your workforce and drive your business forward.
