SAP BPC is a central repository for financial data and can be accessed by several users at the same time. I agree to my information being processed by TechTarget and its Partners to contact me via phone, email, or other means regarding information relevant to my professional interests.
This provides more latitude and flexibility in defining the methods used for consolidating data. In these cases, it is essential to eliminate the intercompany transactions. The features that are built into this application allow you to automatically assume ownership of the application and then partner with the IT solutions team in fulfilling specific business needs.
As we have discussed, SAP BPC has many features that make it an ideal tool for planning, designed to maximize your ability to manage and take ownership of data. Owned by the business and designed for the end user, it is the target environment to support planning, consolidation and financial reporting.
For these applications, it is essential that the software provides features that allow collaboration. Rather than making sacrifices and changes to your existing processes, BPC can be configured to meet your specific requirements; it is not limited by a software platform.
Although the data you can view is governed by your security access, you can customize your reports in a fashion that suits your decision-making requirements. Budgeting A budget cycle is a full outlook for the upcoming year based on your business calendar. They were able to put resources into the project when it mattered.
Business rules You can develop rules to perform a certain function in planning or consolidation. For example, you can enter a comment to explain a reduction in overhead expenses from last year to the current year.
Please provide a Corporate E-mail Address. They have coupled their extensive and detailed knowledge of the system with a clear, calm and personable approach, to help Hitachi-Europe Ltd through a period of significant change.
Given the size of our finance team it would have been impossible to have internal resources dedicated to the project full-time and so their ability to work around us was absolutely invaluable. SAP BPC is a unified solution that does not require individual software components to perform a core set of business functions and tasks.
Rinedata also made sure that we focused on knowledge transfer, so that by the end of that initial period we were proficient in maintaining and updating the system.
Internal reporting is also called management consolidation. Customizations may involve a change to the data load process or reporting logic, for example.
This flexibility is key as businesses evolve and you make processes improve. They are used to perform certain tasks such as currency conversion, account transformation, carry forward balance, and so on in planning and consolidation applications.
Unlike most software, this application reduces the dependence on the IT solutions team while providing more time for the team to handle the portions of application development and maintenance they best serve i.
In these cases, the application will not be used and will not meet the objectives for which it was developed.This Wiki Space will include information needed for troubleshooting and learning about SAP Business Planning and Consolidation, version for SAP NetWeaver. Information included will be troubleshooting guides, latest news, technical information, upcoming meet the expert sessions, lists of tools.
SAP Business Planning and Consolidation (BPC) is SAP’s flagship product for planning, budgeting, forecasting, and both legal and management consolidations. SAP BPC provides a highly scalable, robust database combined with business process and logic capabilities to provide a true Enterprise Performance Management (EPM) platform.
SAP BPC (Business Planning and Consolidation) is one of the module of SAP.
You can find planning, budgeting, forecasting, and financial consolidation capabilities in a single module. It is a robust and multi-user platform that features better workflow management, dynamic data storage and lot more.
What is SAP Business Planning and Consolidation (SAP BPC)? What can it do to improve your workflow?
Find the answers to these questions and more with this complete overview of SAP Book Edition: 4th, Updated And Revised Edition. OutlookSoft Corporation was a Stamford, Connecticut based software company with products for business performance management including planning, consolidation, forecasting, budgeting, dashboards, predictive analytics and reporting.
Along with OutlookSoft, other vendors in the performance management space include SAS, Cognos (acquired by IBM in ), Business Objects (acquired by SAP. The good NEWS is that a new release of SAP Business Planning and Consolidation (aka SAP BPC) is now available on this state of the art data warehouse – SAP Business Planning and Consolidationversion for SAP BW/4HANA!Download