SAP has recently achieved another huge milestone with over 2,000 customers now using its Continuous Performance Management (CPM) solution. As organisations seek out new opportunities to drive innovation, the exceptional adoption of this SAP SuccessFactors Performance Management feature has been instrumental in improving employee engagement and overall workforce performance.
Consistently recognised in reports by industry experts such as The Forrester Wave: Cloud Human Capital Management Suites and the Gartner Cloud Human Capital Management (HCM) Suites Magic Quadrant, SAP SuccessFactors’ innovative and intelligent solutions cover all aspects of Human Resources (HR) technology.
One of these market-leading solutions is CPM, a tool that empowers companies to transform their performance management processes. This particular SAP SuccessFactors Performance Management functionality makes room for productive and regular conversations between employees, their colleagues, and their managers to help them grow and stay connected. Additionally, organisations utilising CPM benefit from the following:
- Better visibility of work performance as employees document their activities and achievements.
- Ongoing check-ins between employees and managers where they can have structured coaching sessions.
- Employees linking activities to their assigned goals, helping them create a comprehensive list of their achievements.
- Employees can also proactively request feedback from various stakeholders.
Meanwhile, Meg Bear, Senior Vice President of Engineering and Operations at SAP SuccessFactors, has commented on CPM’s milestone in her LinkedIn post. She said that delivering value to customers and helping them achieve business goals make her feel accomplished. With Human Experience Management (HXM) now defining the future of work, Bear further said:
“In the era of HXM, I’m excited to be able to align with our customers to focus those outcomes toward making work better. Helping each person feel valued, engaged, included and supported. Trust and communication are at the center of any HXM journey and that is what CPM is all about.”
Implementing SAP SuccessFactors Performance and Goals Solutions
As part of the SAP SuccessFactors Performance and Goals solution, CPM also helps customers build a transparent culture in the workplace to raise awareness of employees’ strengths and explore opportunities where they can improve. Clients such as Edgewell Personal Care, Belcorp, The Timken Company, and Interconexion Electrica S.A. have been transforming their employee performance and engagement since the implementation of CPM.
Colin Emery, Global Senior Manager of HR Systems and Processes at Edgewell Personal Care, said in a statement:
“After piloting continuous performance management within HR, we incorporated it into global processes to measure performance and values, which is proving to be an enabler for our colleagues’ career development and professional growth.”
Additionally, CPM expands on the success of SAP SuccessFactors’ “people performance” software that is now called HCM. Recognising people as a true competitive advantage for businesses, SAP continues to develop HCM towards HXM — a technology that puts employees at the centre of business.
As part of its initiative to recreate user experiences across the SAP SuccessFactors Human Experience Management Suite, the tech giant has also been making significant investments since the launch of CPM.
Moreover, SAP Work Zone for HR will provide access to CPM, along with courses from SAP Litmos and SAP SuccessFactors Learning solutions, so that employees can achieve work-life balance and collaborate more effectively in a personalised digital workplace.