Employee Turnover or attrition is the reduction in the number of employees which is caused because of retirement, resignation or death of the employee. Depending on the nature of business, Rate of turnover may vary. There are varied reasons for an employees to leave an organization like he may be getting higher job position in some other company or he may want to change his profession or he may leave an organization for higher studies, etc. One in four employees in the organized sector in India is set to switch jobs, the highest attrition rate globally, according to a Hay Group study. Organizations in India need to seriously give a thought what drives employees to stay with company for as long as possible. A recent mercer survey tells us that no fewer than 54% of Indian workers are seriously considering leaving their jobs. It is no wonder workplaces everywhere are obsessed with employee engagement. Employee engagement program in a company somewhere plays important...

Human Resources Rajesh Poojary VP  – International Business SAVIC Technologies  Insight from Integration with SAP® RealSpend and SAP Financial Statement Insights Use new integration with the SAP® RealSpend solution and SAP Financial Statement Insights Web application to enjoy real-time understanding of your forecast while visualizing profit-and-loss account group balances. You can now layer planned future expenses over existing financial information and tag expenses for new dimensions of analysis. Armed with easy-to-access insights, you’ll have a better picture of your financial situation and be able to uncover trends and hidden irregularities behind aggregated key performance  indicators. Lease Accounting Get structured insights into lease payments, duration, timing, and uncertainty of cash flows with direct finance integration with the new International Financial Reporting Standards–compliant expense lease accounting in the SAP Real Estate Management app...

Unlock the next wave of productivity with the latest release (1610) of  SAP S/4HANA ®. Our next-generation ERP suite offers immediate insight, intelligence for better decisions, and integration within your organization and beyond. It provides the digital core  you need to succeed in today’s digital world. Built on SAP HANA®, our industry-leading in-memory computing platform,  SAP S/4HANA  can help you transform your organization, delivering a customized product or service to an audience of one, at global scale. Highlights include: •      Increased integration between the SAP S/4HANA Finance solution and business networks Integrated business planning and real-time consolidation Advanced available-to-promise (ATP) enhancements including sophisticated back-order processing Production planning and detailed scheduling and extended warehouse management within the digital core to simplify your landscape Explore the highlight...