Professional Documents
Culture Documents
Project Report
On
by
SY- BBA
In Partial Fulfilment of
Submitted to
Affiliated to
CERTIFICATE
I take this opportunity to express my sincere gratitude to everyone who has directly or
indirectly helped me in completing the project successfully
I express my gratitude for Prof. Dr. B.B. Waphare, Principal, and Dr. Mangesh
Bhople sit HOD BBA and BBA IB for giving me this opportunity. I take this
opportunity to thank my family members, friends without their cooperation I would
not have been able to complete this project.
GITANJALI. S. GADSING
SY BBA
DECLERATION
I further declare that, this project report is not been submitted to any other University
for any other degree or requirement of any course.
Gitanjali Gadsing
SYBBA
EXECUTIVE SUMMARY
The various insights into the software’s capabilities, benefits, and best practices,
helping organizations to make informed decisions and maximize the value of their
investment.
One of the key advantages of SAP HR software is its ability to automate many HR
tasks, such as payroll processing, time and attendance tracking, and benefits
administration.This not only saves time but also reduces the risk of errors and helps
ensure compliance with regulations.
INTRODUCTION
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INTRODUCTION TO THE PROJECT.
The definition of HRM also includes a set of practices, which helps manage
employee data like attendance, payroll, and ensure smooth employment.
Other functions of human resource management include expense management,
staffing, Social engagement of employees, ensuring a healthy work
environment and more.
HR software is any type of tech system that is developed with human resources
in mind, which they use to manage employees. Also known as human capital
management software, these solutions support a wide variety of HR
functionality.
In the past, organizations have tried many types of tools to handle their HCM
operations, using spreadsheets to cover payroll and other tools to allocate
vacations.
With the modern recognition of the fact that people are the most critical asset,
the development of HR software has resulted in the ability to seamlessly
manage admin HR tasks while retaining focus on talent development.
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SCOPE OF THE STUDY
To meet the needs of a modern workplace and to attract the highest caliber talent,
companies must invest in new technology to both improve the employee
experience and increase the bottom line.
When an HR team has all the information they need at the click of a button,
errors are reduced, compliance risks go down and policies are more consistently
enforced.
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CHAPTER 2
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DEFINITION
“Human resources (HR) is the division of a business that is charged with finding,
recruiting, screening, and training job applicants. It also administers employee benefit
programs.”
What Is HR Software?
HR software is a digital solution for managing and optimizing the daily human
resources tasks and overall HR goals of an organization.
HR software makes it possible for HR staff and managers to better allocate their
time and resources to more productive, profitable efforts.
HR software technology has come a long way since the first-time computers
were employed to manage human capital data in the 1970s.
HR systems became more widely available to enterprise clients in the 1980s,
and the arrival of web-based software in the 1990s made HR software even more
common.
Now, most new systems are cloud-based, subscription-based, easily integrated
with other data management programs, and highly customizable to an individual
organization’s needs, goals, and budget.
In short, there is now an HR software solution for every size and type of
organization.
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Some of the functions HR software can perform include:
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USES OF HR SOFTWARES.
1. PAYROLL
Payroll software helps businesses keep track of employee wage and salary rates
and automate payroll runs.
Payroll software can calculate total compensation, debit the company bank
account for the correct amount and transfer funds to workers with the click of a
button.
Users can also use payroll software to do their taxes and run reports to track
payroll cost over time.
Payroll software shouldn’t just be the first HR system every new business
purchase; it should be their first system purchase period for one simple reason:
Even if you only have one other employee besides yourself, that employee needs
to be paid accurately and on-time.
When to adopt:
Looking at the data, we see that payroll software adoption peaks early on in a
company’s lifecycle when they have just 1 to 24 employees, suggesting this is
the best size range to make this critical purchase.
2. PERSONNEL TRACKING
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This migration to dedicated personnel tracking software also offers your
organization a great opportunity to prepare for leaving “startup mode”
and formalize department structures and hierarchy before you start hiring more
employees.
When to adopt:
Besides storing time information and generating reports, time and attendance
systems also have employee self-service (ESS) functionality that empowers
workers to clock in and out of shifts, view schedules, and request time off
themselves.
When to adopt:
4. APPLICANT TRACKING
What it does:
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With an ATS, recruiters can post job openings to job boards and social media,
store job applications and resumes, track applicants through their hiring funnel,
grade and rank candidates, and, ultimately, extend a job offer.
Besides providing a digital space to manage recruiting and hiring, ATSs are also
a valuable weapon in the war for talent.
These systems can blast your job postings to as wide an audience as possible
and increase the likelihood for a curious visitor to become an applicant through
an improved online candidate experience.
Embedded analytics also allow you and your team to decipher where talent is
turning off from your company and why.
When to adopt:
5. PERFORMANCE MANAGEMENT
What it does:
When to adopt:
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6. BENEFITS ADMINISTRATION
What it does:
When to adopt:
7. ONBOARDING
What it does:
Onboarding software walks new hires through all the necessary steps to become
full-fledged employees, from digitally signing important paperwork to
completing new hire training tasks.
These platforms also give newbies an early chance to interact with their
manager and co-workers to be more comfortable and productive from day one.
Onboarding software can cut the time it takes for new employees to become
productive down by automating tedious paperwork so workers can dive into the
nitty-gritty of their positions sooner—possibly even before their first day
through an online portal.
When to adopt:
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8. COMPENSATION MANAGEMENT
What it does:
Compensation management software can help you cut the fat in a number of
ways.
On an individual employee level, these platforms can pull performance grades
from your performance management system to recommend bonus pay-outs
based on desired outcomes.
On a macro level, this software can calculate compensation budgets for your
entire global workforce and suggest pay-outs based on different scenarios of
company performance to ensure you stay afloat during the good times and the
bad.
When to adopt:
These systems definitely fall into the “nice to have” rather than the “need to
have” category of software, as illustrated by the low percentage of buyers
requesting this application below. Inquiries peak after the 5,000-employee mark.
9. LEARNING MANAGEMENT
What it does:
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This is easier said than done, especially with a large, global workforce:
Materials have to be updated as necessary, lagging workers need to be identified
and brought up-to-speed, and training courses have to somehow not be
completely boring and tedious.
When to adopt:
According to our data, we see purchases of LMS tools only beginning from the 251 to
10,000 employee mark—and even then, very few buyers indicated an interest in
learning management functionality.
Better Decision-Making:
With SAP software, businesses have access to real-time data and analytics,
which enables them to make better-informed decisions.
This data-driven decision-making approach helps businesses identify potential
issues, opportunities, and trends, and respond quickly and effectively.
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Enhanced Customer Service:
SAP software can improve customer service by providing businesses with a
360-degree view of customer data.
This data includes information such as customer preferences, purchase history,
and communication history, which enables businesses to provide personalized
service and support.
Streamlined Operations:
SAP software provides businesses with a centralized platform for managing
various business processes, which helps streamline operations.
This platform allows businesses to integrate different business functions and
automate various processes, which reduces redundancies and improves
efficiency.
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WHAT IS SAP HR?
What is SAP, can be described as an enterprise resource planning software. SAP is the
most-used ERP software in the market and contains hundreds of fully integrated
modules covering nearly every aspect of business management. Using SAP creates a
centralised system for businesses that enables every department to access and share data
to create a better work environment for every employee.
Reduce costs with a simplified landscape for managing your total workforce,
global benefits, payroll, time management, document management, and HR
service delivery
Increase productivity and employee satisfaction with end-to-end service
experiences and consistent, standardized HR processes
Improve decision-making with real-time insights into your people data, aligning
your HR and business strategy
Enhance recruiter efficiency and improve the candidate and new hire experience
with simplified, personalized, and intuitive processes
Increase learning agility, efficiency, and mobility with clear, compelling career
paths and development opportunities that cultivate talent
Empower your managers to connect with, motivate, and inspire employees
through continuous coaching and feedback
Improve employee engagement by helping employees understand how they’re
valued through visibility into their total compensation package
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Enable organizational agility and improve business results through
comprehensive reporting and analytics that provide insight across the
organization.
Reduce risk by getting early insight into trends that can be disruptive to your
workforce strategies
Project management.
1. Project initiation module: This module offers features to handle project setup
and project launch. You can work on steps like defining the project. creating the
work breakdown structure, handling network activities, managing milestones
and the overall project creation.
2. Project planning module: This module includes features like cost planning,
material planning, revenue planning, capacity planning. workforce planning and
scheduling.
4. Project closure module: This module offers features that relate to the closure of
a project.
1. Financial planning and analysis: This module provides you with features such
as strategic planning, forecasting, budgeting, performance management,
analytics and reporting.
2. Accounting and tax management: This module provides you with features such
as financial accounting and reconciliation, reporting, disclosure, regulation
compliance and closing process accounting.
3. Treasury and cash management: This system includes features like corporate
treasury management, cash management, cash flow forecasting, debt
management, risk management and investment management.
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4. Accounts payable and receivable: This system provides modules like credit
evaluation, risk management, collections, dispute management, billing and
invoice management.
1. Sales CRM: This module helps you provide a great experience to your
customers through features such as Al-powered guided selling, sales strategy
content recommendations, personalised quotes, sales negotiation workspaces.
dispute resolution management platforms, real-time quota and plan modelling
and revenue, billing and invoice management.
2. Marketing CRM: This module offers features like customer behaviour insights,
unified customer profile access, seamless customer experience creation, team
collaboration, marketing campaign management, multi-dimensional analysis
and customer identification and targeting.
4. Commerce CRM: This module offers features like component integration, order
management, industry-specific capabilities, platform extension and transparent
commerce processes.
2. Accounting and tax management: This module provides you with features such
as financial accounting and reconciliation, reporting, disclosure, regulation
compliance and closing process accounting.
3. Treasury and cash management: This system includes features like corporate
treasury management, cash management, cash flow forecasting, debt
management, risk management and investment management.
4. Accounts payable and receivable: This system provides modules like credit
evaluation, risk management, collections, dispute management, billing and
invoice management.
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CHAPTER NO: - 3
RESEARCH METHODOLOGY
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Introduction to Research
Research is a scientific activity for the pursuit of knowledge. Research involves the
focused study of a well-defined subject so as to generate new knowledge, extend
existing knowledge, refine exiting knowledge and challenge existing knowledge.
Knowledge involves theories, laws and principles. Knowledge is always scientific and
is universal in character. The test of any research lies in its contribution to the
development of knowledge.
Research must be objective during the research process and should not be based on
personal opinions, references, prejudices, likes and dislikes to influence research
process on the outcome. A good researcher must be faithful to the scientific research
process and must not wrong about the outcome. He must be only concerned with
identifying the truth and nothing else.
Truth is always singular even though one can have multiple perceptions of truth.
However, these different perceptions do not alter or modify the underlined truth.
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Secondary Data
Secondary Data means data that are already available with the organization to get the
secondary data, I have used for secondary data that are:
BOOKS.
NEWS PAPERS.
COMPANY WEBSITES.
ANNUAL REPORT.
MAGAZINES.
DATA DESIGN
Qualitative Design
The aim is a complete, detailed description. Qualitative data is more ‘rich’, time
consuming, and less able to be generalized. Recommended during earlier phases of
research projects, Subjective-individuals interpretation of events is important. e.g., uses
participant observation, in-depth interviews etc.
Quantitative Design
The aim is to classify features, count them, and construct statistical models in an attempt
to explain what is observed. Data is in the form of numbers and statistics. Objective
seeks precise measurement & analysis of target concepts, e.g., uses surveys,
questionnaires etc.
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CHAPTER NO: - 4
COMPANY PROFILE
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OVERVIEW OF SYSTEMANALYSE UND,
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HISTORY
Rather than abandoning the project, they decided to leave IBM Tech and start
another company.
Therefore, they called their software a real-time system, since there was no
need to process the punch cards overnight (for this reason their flagship
product carried an R in its name until the late 1990s). This first version was
also a standalone software that could be offered to other interested parties.
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CHAPTER 4
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4.1] OBSERVATION
4.2] FINDINGS
4.3] SUGGESTIONS
4.4] RECOMMENDATIONS
4.5] LIMITATIONS OF THE STUDY
4.6] CONCLUSION
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Data analysis is a practice in which raw data is ordered and organized so that useful
information can be extracted from it. The process of organizing and thinking about
data is key to understanding what the data does and does not contain. There are a
variety of ways in which people can approach data analysis, and it is notoriously easy
to manipulate data during the analysis phase to push certain conclusions or agendas.
For this reason, it is important to pay attention when data analysis is presented, and to
think critically about the data and the conclusions which were drawn. Modelling the
data with the use of mathematics and other tools can sometimes exaggerate such
points of interest in the data. making them easier for the researcher to see. Charts,
graphs, and textual writeups of data are all forms of data analysis.
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FINDINGS
1. Increased Efficiency: One of the most significant benefits of using SAP HR software
is the increased efficiency it provides. The software automates many HR processes,
such as payroll processing, benefits administration, and time tracking, freeing up HR
staff to focus on more strategic initiatives.
2. Improved Data Management: SAP HR software allows for the centralization and
standardization of HR data, making it easier to access and analyze. This can lead to
better decision-making and a more accurate understanding of HR metrics.
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OBSERVATIONS
The system allows users to efficiently manage employee data, benefits, payroll,
time and attendance, recruitment, and performance management.
Another strength of the software is its ability to provide real-time data and
analytics.
Users can easily generate reports and analyse data to make informed decisions.
The system provides a range of standard reports, and users can also customize
reports to meet their specific needs.
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SUGGESTIONS
2. Integration with Other Systems: SAP HR software can be integrated with other HR-
related systems, such as performance management software or learning management
systems. Consider which systems are important to your organization and how
integration can improve HR processes.
4. User Adoption: It's important to ensure that your HR staff and employees are
comfortable using SAP HR software. Consider offering training and support to
encourage adoption and ensure that the software is used effectively.
5. Data Security: HR data can be sensitive, so it's important to ensure that the SAP HR
software is secure. Consider implementing role-based access controls, encryption, and
other security measures to protect HR data.
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LIMITATIONS
2. Cost: SAP HR software can be expensive, particularly for smaller organizations. This
may make it difficult for some organizations to justify the cost of implementing and
maintaining the software.
4. Integration: While SAP HR software can be integrated with other systems, this can
be challenging. Integrating with legacy systems, for example, may require custom
development work and additional maintenance.
6. Upgrade Management: SAP HR software upgrades can be frequent and may require
significant effort to implement. Organizations must be prepared to manage these
upgrades effectively to ensure that the software remains up-to-date and functional.
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RECOMMENDATIONS
2. Invest in Training: Providing training for HR staff and employees is crucial to ensure
that they are comfortable using the SAP HR software. Consider providing both initial
and ongoing training to promote effective adoption and use of the software.
4. Prioritize Data Security: HR data is sensitive, so it's important to ensure that the SAP
HR software is secure. Implement role-based access controls, encryption, and other
security measures to protect HR data.
5. Monitor User Adoption: Monitor user adoption of the SAP HR software and gather
feedback from HR staff and employees to identify areas for improvement. This can help
ensure that the software continues to meet the organization's needs over time.
6. Plan for Ongoing Maintenance and Support: SAP HR software requires ongoing
maintenance and support to ensure that it continues to meet your organization's needs.
Consider how you will manage updates, upgrades, and ongoing support to ensure that
the software remains effective over time.
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CONCLUSION
However, as with any software solution, there are both benefits and limitations
that organizations should be aware of.
By doing so, organizations can not only improve HR processes but also gain
valuable insights into HR data that can inform strategic decision-making.
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REFERENCES
Human Resources Management- Gary Dessler
Managing Human Resources - R.S. Dwiwedi.
Human Resources Management- V.P. Mic
WEBLIOGRAPHY
https://www.comparably.com/companies/sap/mission
https://www.sap.com/india/about/company/what-is-sap.html
https://www.thomsondata.com/customer-
base/sap.php#:~:text=SAP%20has%20always%20been%20a,ConAgra%2C%
20and%20Porsche%20among%20others.
https://in.indeed.com/career-advice/career-development/what-is-sap
https://www.sap.com/india/index.html
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