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Do you work in the HR field? Are you looking for a way to eliminate some of the many risks that often come into play? Have you come to realize that having the right technology in place can be the difference between success and failure?

Just the same as anything in life, such as getting behind the wheel of a car, there are risks and challenges standing in your way.

Your goal is simple: to find ways to mitigate these risks.

While this is easier said than done, especially in the HR field, there are many tools and solutions that can come to your rescue. For example, you can use SAP SuccessFactors to mitigate HR risks, which is sure to improve your day-to-day approach.

Here are five ways you can use SAP SuccessFactors to mitigate risks, save time and money, and ensure that you are always on the right track

Note: companies of all sizes, regardless of industry, can benefit from reviewing their HR processes and making changes as they see fit.

  1. Payroll Mistakes

Let’s face it: there is nothing worse than making a payroll mistake. Not only can this throw a wrench into your day, but it could also mean that a worker (or group of workers) gets paid more or less than they should.

Payroll mistakes can be easily avoided when the right processes and tools are in place.

  1. Improved Collaboration

The bigger the HR department the greater chance there is that something could go wrong in regards to collaboration. For instance, one person does something that another person would rather avoid.

SAP SuccessFactors can help eliminate this risk by ensuring that all HR employees are on the same page at all times.

  1. Recruiting Errors

Your company is only as good as its employees. This is why you need to spend so much time implementing a recruiting process that helps attract the best talent.

If you make recruiting errors, no matter what they may be, it could harm your ability to bring the right employees into your company.

You have many responsibilities as an HR employee, and there’s a good chance that you have your hands on some part of the recruiting process.

Recruiting errors can be costly, so make sure you have tools in place to help avoid these.

  1. Onboarding Mishaps

There is no better feeling than finding the right employee for your company. You know that this person is able to do big things, and you’re excited about what the future holds.

And then you realize something: you need to move through the onboarding process in a clear and concise manner. From the paperwork to training, you know that there is a lot on your plate.

SAP SuccessFactors can help with this, with the following excerpt from its website showing you how:

“Make onboarding a strategic part of talent management by empowering new hires and internal transfers to ramp up and contribute to corporate goals quickly. Provide engaging, meaningful experiences that are aligned with talent processes such as learning, goal setting, recruiting, and core HR processes.”

  1. Time and Attendance Management

You can’t let employees do whatever they want in regards to time and attendance management. Not only can this harm productivity, but it can also make it a challenge from a payroll perspective. These are risks that you don’t want to deal with.

SAP SuccessFactors mitigates these risks by empowering employees to manage their time and attendance records in an accurate and efficient manner.

Conclusion

These are just a few of the many ways SAP SuccessFactors can mitigate HR risks. As you get more involved, you’ll come to find that there are many other things you can do.

As long as you feel comfortable using technology to boost the productivity of your HR department, SAP SuccessFactors is a great place to start.

Are you familiar with the most common HR risks? Do you have any systems in place for keeping these risks on the outside looking in? Do you have any experience with SAP SuccessFactors and its many products? Share your thoughts and past experiences in the comment section below. Your feedback can help others make better decisions in the future.

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