What’s the Best HR Approach for the Finance Sector?

The best-run businesses are those that focus on utilizing their technology to support their people—not the other way around. Effective People’s award-winning consulting and implementation practice helps companies to plan and execute successful digital HR transformation journeys while offering support to ensure continued system adoption with SAP SuccessFactors.

Common HR Challenges in the Finance Sector

As an HR leader within financial services, you are adopting the use of data and analytics faster than in many other industries. You are tasked with leveraging new analytics technology within an often onerous compliance and regulatory landscape. At the same time, your HR colleagues must balance the act of attracting tech-savvy talent against investing in education for existing employees facing changing role requirements.

When your people, their knowledge, and their skills are your product, your brand’s long-term success depends on your ability to recruit, onboard, and retain the best talent. Developing your skills is also critical as market conditions and regulations change. As a result, financial service companies like yours are focused on the end-to-end workforce management lifecycle, where hiring the right people must happen quickly and consistently. In addition, companies must enable their new hires to support business goals and grow their expertise. The focus must be on delivering outcome-based engagements and knowledge-as-a-service delivery models.

Fully Managed System

From hire-to-retire, a modern master data solution like SuccessFactors Employee Central is vital to your organization’s success provided it’s delivered alongside seamless human experience management processes.

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Your solution must allow you to:

Manage the entire employee journey

Master data with confidence

Enjoy a single-sign-on and mobile app experience

Deliver actionable insights to your managers and leadership

Provide your employees with the tools they need to grow and develop

Why Effective People?

Effective People helps organizations like yours attract, develop, and retain the right people with a fully managed solution. We align with your key business drivers for an improved end-user experience and a realignment of your HR toward a more strategic focus.

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Focus on Your Core Tasks—Let Us Run Your HR Solution:

Effective People delivers a ready-to-run solution based on financial industry-leading practices including all software licenses and continuous support.

Through our partnership with SAP, Effective People has completed over 1,000 successful SAP projects, and it continues to support hundreds of companies. Our proven approach and framework enable your employees to leverage SAP technology to improve performance and deliver key business outcomes. Our global team of experienced consultants can help your organization achieve success on your HR digitization journey.