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Record Number of SAP SuccessFactors Customers Adopt Revolutionary Employee Performance Management Approach

SAP Logo. (PRNewsFoto/SAP AG)

News provided by

SAP SE

Feb 06, 2019, 09:00 ET

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SOUTH SAN FRANCISCO, Feb. 6, 2019 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced it exceeded 1,000 customers using its continuous performance management (CPM) functionality in just two years since its launch.

The CPM capabilities are delivered as part of the SAP® SuccessFactors® Performance & Goals solution. The exceptional adoption of this functionality demonstrates how companies around the world are transforming performance management to increase employee engagement and boost retention.

"If you want to create a high-performing organization that beats the competition and drives innovation, optimizing performance management is the first step," said SAP SuccessFactors President Greg Tomb. "In today's competitive labor market, checking in with employees once a year is no longer enough. Our continuous performance management capabilities enable organizations to focus on forward-looking development and driving high performance by encouraging frequent coaching and feedback between managers and employees."

Continuous performance management helps improve employee engagement and overall workforce performance by facilitating informal check-ins and more continuous dialogue between managers and employees. With this ongoing approach, managers have increased visibility into employee activities and achievements continuously, enabling them to provide coaching and guidance when it is relevant. Employees also may give and receive feedback at any time, to or from anyone in the organization. This modern, mobile-enabled approach helps foster happier, more engaged employees and higher performance that is aligned to business goals and strategies. At the same time, it helps create vast efficiencies in the annual review process.

"As an engineering company that employs mechanical engineers all over the world, our staff was accustomed to focusing solely on performance outcomes," said Rob Arbogast, director of People Systems and Strategy at The Timken Company. "With the introduction of the continuous performance management capabilities from SAP, we've shifted to a model focused on coaching and development, and I've seen our workforce engaged at a new level. SAP SuccessFactors solutions have also enabled us to easily adapt the different cultures of acquired companies into one common understanding of goals and performance, creating a more integrated, purpose-driven workforce."

"It is important to have continual dialogue with employees to ensure they are not only meeting their objectives but are also engaged and challenged," said Danielle Tweedie, Global HRIS solution owner at Arla Foods. "With our reimagined performance management process enabled by SAP's innovative technology, our business aims to advance its performance and development culture, where objectives are aligned to business strategy yet customized to each colleague."

SAP SuccessFactors solutions help bring organizations' purpose to life and put more meaning into people's work, creating engaged workforces that improve both performance and profit. The HCM solutions help customers use intelligence to strengthen engagement across the entire workforce, deliver new, meaningful workplace experiences and join a community defining the future of work. The industry-leading SAP SuccessFactors solutions help more than 6,700 customers around the world turn purpose into performance.

SAP has a list of CPM customers available for interviews upon request.

For more information, visit the SAP SuccessFactors solutions website or the SAP News Center. Follow SAP SuccessFactors solutions on Twitter at @SuccessFactors and SAP at @sapnews.

About SAP
As the cloud company powered by SAP HANA®, SAP is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world's transaction revenue touches an SAP system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers' businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables more than 425,000 business and public customers to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people's lives. For more information, visit www.sap.com.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

© 2019 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)

For more information, press only:
Geraldine Lim, SAP, +1 (415) 418-0945, [email protected], PT 
Kate Lavoie-Mayer, PAN Communications, +1 (617) 502-4300, [email protected], ET
SAP News Center press room; [email protected]

Please consider our privacy policy. If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact [email protected] and write Unsubscribe in the subject line.

SOURCE SAP SE

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