Enhancing the Power of HR Planning with SimpleFi’s HR Planning Solution

⇨ Some companies still rely on manual HR planning, which leads to inconsistencies, confusion, and improper data management.

⇨ With all the capabilities available to SAP organizations, they cannot afford to rely on outdated workflows or offline methodologies to handle their HR planning.

⇨ SimpleFi’s HR Planning and Analytics solution aims to provide a user-friendly flow to guide administrators through the planning process.

Of all the assets a company has, the most important is its people. Yet many SAP organizations struggle to effectively manage their workforces and the sensitive data that comes with it. Some still rely on manual HR planning, which leads to inconsistencies, confusion, and improper data management. As SAP rolls out more advanced capabilities through the SAP Analytics Cloud, companies can now update their HR workflows to better prepare for the future.

Moving HR to the Future with SimpleFi Solutions

Many SAP organizations are turning to solutions like SimpleFi’s HR Planning and Analytics pre-packaged solution. It offers users the ability to leverage advanced analytics functions so they can improve their budget planning abilities by running simulations to anticipate any potential issues and set themselves up for success.

Companies can better plan for their budgets by choosing to either plan from a top-down perspective where they define headcount or compensation targets at a higher level or delegate planning to cost center managers who define employee-level budgets.

SimpleFi’s HR Planning and Analytics solution aims to provide a user-friendly flow to guide administrators through the planning process. By relying on a centralized solution, employee data is kept secure within a single platform, rather than kept in Excel sheets or sent via email. This centralization also allows users to generate reports for executives and business unit analytics.

Success Story

SimpleFi shared the story of how they were able to help apparel brand Wolverine improve their planning process and outcomes. The company had relied on a legacy planning solution, which had evolved and grown more complex over time and needed significant support from IT and systems administrators. The process also relied on offline workflows, making it difficult to leverage any data for planning purposes.

SimpleFi was able to help Wolverine migrate to a flexible and scalable platform, bringing its offline workflows online. By leveraging the power of SAP Analytics Cloud, SimpleFi was also able to bolster planning, forecasting, and scenario analysis at different levels of detail, tailored to the Brand or Channel business requirements. It also decreased forecast and planning cycle time by 25%.

Wolverine now has access to cost center-based security that is separate from other models, employee salary and master data, calculation of benefits and taxes, and the ability to plan for new hires and support internal employee transfers.

 “In partnership with the SimpleFi team, our company was able to successfully transition [from old tools] to SAP Analytics Cloud and make some meaningful process improvements. The new solution is able to handle our organizational complexities, and the SimpleFi team contributed the process and technical expertise to build everything to our specifications We greatly appreciated the strong consulting and product expertise that SimpleFi’s team provided,” said Wolverine’s Director of FP&A.

Conclusion

With all the capabilities available to SAP organizations, they cannot afford to rely on outdated workflows or offline methodologies to handle their HR planning. Companies should ensure that they can plan and budget in a way that sets their workforce up for success. And they need solutions that fit to their unique requirements and not just a toolbox.

SimpleFi offers SAP users the ability to supercharge their HR planning capabilities using the power of SAP Analytics Cloud and prepackaged applications. This provides them with better forecasting, data security, and enhanced ability to meet their business goals.