Human Capital Budgeting and Planning

Instead of inadequate budget allocations dictating human capital planning decisions, use collaborative and strategic planning to manage the work force in alignment with overall financial and operational strategies with human capital budgeting and planning from SAS. Integrate the human capital plan with a detailed and specific human capital budget to approach workforce planning as an integral part of organizational goals and objectives.

The SAS solution for human capital budgeting and planning leverages the capabilities of SAS Human Capital Management and SAS Financial Management to create more granular, specific and comprehensive budgets and plans that best reflect the organization’s goals .

Benefits

• Synchronize financial and operational strategies.
• Create more accurate human capital budgets and plans.
• Continuously monitor budgets in real time.
• Produce indicators of budget misses several months in advance.
• Develop proactive human capital strategies.
• Plan the work force proactively and in real time.

Features

• Analyze and predict workforce trends and their impact on human capital and financial strategies.
• Automate processes and workflow between human capital data and financial data.
• Integrate financial and nonfinancial data.
• Use a predictive budgeting model and budget simulation.
• Perform workforce acquisition cost forecasting.
• Develop accurate acquisition budgets for current needs and the upcoming year.
• Accurately predict and simulate the budget and the impact of budget adjustments.
• Perform proactive and real-time workforce planning.
• Control the costs of absences and understand the correlation with overtime.
• Enable cross-departmental collaboration for more effective strategies.

How SAS is different   

SAS offers a customer-proven solution integrating workforce analytics with a budgeting and planning solution.