SAP BPC: Unified tool for Planning & Consolidation (Part II of II)
In my previous blog, I have discussed pros and cons of SAP BusinessObjects Planning and Consolidation as a unified tool for planning and consolidation vs. multiple planning applications. In this blog, I will further illustrate benefit of using SAP BPC for planning and consolidation. SAP BPC as a single application for planning, budgeting, forecasting, consolidation, and reporting functionalities, eliminates the need of multiple applications that require manual integration.SAP BPC offers following features and functionality from a single enterprise scale application.
Strategic planning
Budgeting
Forecasting
Statutory consolidation
Reporting & analysis
Predictive analytics
Aligning strategic goals with Business planning
As 90 % organizations fail to align their strategy, business planning and execution. It is important for an organization to develop timely and accurate plans and budgets that are in line with organization strategic goals. SAP BPC offers centralized data repository contains both actual and plan data results in giving holistic view of the current organization performance and future expectations.
SAP BPC as a strategic planning tool
SAP BPC can be implemented effectively for strategic and operational planning across the functions of the organization. It seamlessly integrates financial and operational planning. It is well suited for sales planning (top down & bottom up), driver based planning, salary planning, financial planning etc.
Budgeting & forecasting
SAP BPC quickly model business scenarios, and re-forecast to meet rapidly changing business environment. What if modeling and scenario-planning functions enable assessment of budgeting.
SAP BPC as a consolidation engine
SAP BPC is used for both legal and management consolidation. It enables us to save days by quick closing of books. It also provides inbuilt functionality of currency conversion, inter-company elimination and journal entries.
Statutory reporting & electronic communication in XBRL format
SAP BPC enables financial reports in multiple formats (US GAAP, IFRS, and SEC etc).For statutory reporting requirements, SAP BPC 7.0 M offers International Financial Reporting Standards (IFRS) starter kit. UBmatrix is required for electronic communication of financial statements using extensible Business Reporting Language (XBRL) format.
SAP BPC as a Unified EPM application
SAP BPC is an unified Enterprise Performance Management (EPM) application leveraging centralized performance database, common user interface (Excel), and single sign-on across the whole of the EPM processes. It can easily integrate with Xcelsius, Profitability and cost management, strategy management etc.
Shortening of cycle
SAP BPC also helps to reduce cycle time. Business need not to wait for actual, planned or budgeting data to start consolidation process as all of them (actual, plan, budget data) is available in one application (SAP BPC).
Data quality & data consistency
SAP BPC as a unified planning and consolidation engine ensure data quality and data consistency as no custom development is required to interact between departmental planning. Data flows seamlessly from planning application to consolidation application.
Integration with SAP and Non SAP systems
It integrates seamless with existing SAP and non-SAP source systems. It leverages investment in existing operational system by feeding data into SAP BPC.
Data audit and activity audit
SAP BPC offers both data audit and activity audit .Audit trails are enabled to track changes in data, user activity and administration activity. Audit reports available in BPC to analyze changes by dimensions, tasks and other parameters.



Comments
Thanks for outlining the benefits..however is it really possible to integrate it with Xcelsius and the make the data entry from Xcelsius layouts ?
Posted by: Amit Agarwal | November 11, 2009 05:13 AM
yes it is possible to integrate Xcelsius with BPC and do reporting using Xcelsius dashboards.
Posted by: Aalok | November 11, 2009 05:50 AM
do you know of a form that discusses transports of developed BPC to Production BPC environments? We do not have Net Weaver, but must create a stable production process
Posted by: eric | March 3, 2010 08:46 PM