New SAP Partnership to Improve HCM Application
by Iris Eidling
SAP NetWeaver(R) Fund Makes Strategic Investment to Support Additional Product Development at Nakisa
Demonstrating an ongoing commitment to deliver customer value through strategic partnerships and co-innovation, SAP AG today announced a global reseller agreement and SAP NetWeaver(R) Fund investment in SAP partner Nakisa Inc. Together, the two companies have integrated Nakisa's organizational and talent management visualization capabilities to enhance and extend the SAP(R) ERP Human Capital Management (SAP ERP HCM) application. Under the agreement, SAP will resell Nakisa's market-leading visual workforce management solutions. SAP also announced that the SAP NetWeaver Fund has made an investment in Nakisa to support scaling to meet expected SAP customer needs for product and support.
Nakisa's Talent Visualization Application Enhances SAP ERP HCM
Available immediately and sold under the name SAP(R) Talent Visualization by Nakisa, the application complements and enhances the HCM and talent management functionality of SAP ERP with capabilities addressing succession planning and organizational management. Taking advantage of real-time connectivity through pre-delivered integration with SAP ERP HCM, organizations can view, update and analyze their talent inventory and availability of potential successors based on one organizational structure maintained in SAP ERP and accessed through Nakisa. In addition, users have the ability to model "what-if" scenarios at all levels to effectively align talent goals with business strategy.
"Together, SAP and Nakisa will deliver a comprehensive succession planning package to SAP customers in all segments," said Babak Varjavandi, CEO, Nakisa Inc. "Nakisa has a long-term relationship with SAP that has resulted in a solution that can seamlessly interoperate with SAP ERP HCM. Now customers will be able to license a comprehensive, fully integrated talent management software solution from a single source: SAP."
Talent management is a growing concern for today's companies. Building talent bench strength, identifying and managing successors for key positions, addressing needs arising from a maturing workforce and globalization make new technologies essential for global organizations to maintain a competitive edge. The integration of the Nakisa talent visualization suite of solutions into SAP ERP HCM will enable companies to build an effective talent management strategy that will help ensure an organization is better prepared for future talent needs.