Automatic Deposit of Payroll Checks into your Bank Account: Electronic Payment through Custom Direct Deposit integrating SAP SuccessFactors

Automatic  Deposit of Payroll Checks into your Bank Account: Electronic Payment through Custom Direct Deposit integrating SAP SuccessFactors
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Overview:

Employers may have several options while sending payments to the employees, like cash, checks or electronic payments. The most preferred choice of almost every organization would be electronic payment, also know as Direct Deposit. The reason for the choice, being safe and inexpensive option’s for all the involved parties. This brings to highlight the importance of integrating the Bank Account information, obtained during SAP SuccessFactors Onboarding process with SAP SuccessFactors Employee Central payment information, even while using custom direct deposit, to make electronic payment directly into the new hire’s account, doing away with unnecessary paperwork. Automated deposits are now very popular as they not only save money and resources, but at the same time add ease and convenience.

SAP SuccessFactors Onboarding to SAP SuccessFactors Employee Central integration aids conversion of candidates into employees. This conversion is possible even without an integration with SAP SuccessFactors Recruiting solution. The candidate data can be pulled out either from SAP SuccessFactors Recruiting solution or SAP SuccessFactors Onboarding solution. The new recruits’ details comprise particulars obtained from SAP SuccessFactors Recruiting solution, after SAP SuccessFactors Onboarding solution is commenced, as well as details collected during the SAP SuccessFactors Onboarding process, for new hires. The foundation

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