SAP SE (SAP) Completes SmartRecruiters Acquisition

SAP SE (NYSE:SAP) is one of the best beginner stocks to buy, according to analysts. On September 11, the company completed the acquisition of SmartRecruiters. With the acquisition, it gains access to enterprise-grade talent acquisition software.

SAP SE (SAP) Completes SmartRecruiters Acquisition

The company plans to integrate the software into the SAP SuccessFactors Human Capital Management (HCM) suite. The integration should make it easier for enterprises to manage the hiring lifecycle from sourcing to onboarding. Thanks to its AI-enabled recruiting capabilities, the suit is expected to result in a faster time to hire, improved candidate experiences, and deeper analytics.

SAP SE (NYSE:SAP) develops enterprise software, including Enterprise Resource Planning (ERP) systems, for managing core business processes like finance, human resources, supply chain, and customer relations.

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Disclosure: None. This article is originally published at Insider Monkey.