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SAP has reinforced its commitment to helping its customers not only attract and hire top talent but also ensure the workforce remains engaged through learning and continued growth.
“People are the pulse of every organisation. Their skills and agility determine whether a company is able to innovate, grow, and adapt to meet the constant changes in technology and customer demands,” stated SAP Chief Product Officer Dan Beck and SmartRecruiters CEO Rebecca Carr in a joint blog post.
“Attracting and hiring the best talent is more important and more competitive than ever before. According to the World Economic Forum, 70% of organisations plan to hire new staff with emerging in-demand skills by 2030. Yet, more than three-quarters of board members and C-suite executives regard skills and talent availability as a major source of risk for their organisations.
“The message is clear: hiring isn’t just an HR challenge. It’s a business imperative.”
This commitment by SAP follows its recent acquisition of talent acquisition software provider SmartRecruiters. More than 4,000 organisations, including Amazon, Visa and McDonald’s, rely on SmartRecruiters.
The platform will be integrated with SAP SuccessFactors Human Capital Management, a suite of AI-enabled HR solutions that includes HR and payroll, talent management, employee experience, analytics, and more.
According to SAP, the integration of the two will help give customers access to user-friendly interfaces that can improve their decision making, reduce time-to-hire, and improve the experience for candidates, hiring managers, and recruiters.
At the same time, the German company said that through enhanced AI recruiting and hiring capabilities, it will be able to deliver candidate recommendations, predictive hiring insights and personalised candidate experiences.
Beck and Carr added that the benefits of bringing SAP and SmartRecruiters will extend beyond the hiring process. They pointed out how a single system of record will be developed combing data from across SmartRecruiters and SAP SuccessFactors to provide customers with insights into talent pools, hiring bottlenecks, and workforce planning.
“Individually, we have led the way in building robust talent acquisition software to empower thousands of organisations to attract, engage, and hire the best talent. United, we are amplifying our impact,” Beck and Carr said.
