SAP BPC is a Compass For Business Users & IT Staff
SAP BPC is a Compass For Business Users & IT Staff
Every business needs a business plan to project its objectives and possible goals. A business plan is a document which is used for planning out particular details of your business. It is a guide or a roadmap for a business that outlines goals and details on how to achieve those goals. A business plan will monitor each and every move of the business and streamlines if any deviations occur while performing business operations. SAP Business Planning and Consolidation(BPC) is such a tool; which helps your business in planning, budgeting, reporting, forecasting and financial consolidation capabilities in a single podium.
SAP BPC – An Overview
Business Planning and Consolidation (BPC) is one of the modules in SAP. This tool is designed to support all the financial and operational activities in an organization. It helps in automating and aligning business planning, forecast and consolidation process in an organization in a single platform. It is a multi-user and robust dais that provides dynamic data storage, improved workflow management, better decision making and much more.
How the BPC Tool simplifies the lives of business users & IT Staff:
Let us walk through the Functional and Technical capabilities of SAP BPC that make business users and IT team work with ease.
Functional Capabilities
Co-operates With SAP ERP
Reduces data repetition and cost of ownership by influencing current data warehousing objects.
Powered by SAP HANA
Paces up planning and consolidation processing with SAP BPC in Netweaver platform. Removes calculation delays by leveraging fast in-memory mechanics.
Feasible in the Cloud
SAP BPC can be deployed in the cloud environment and cost-cutting is possible with the utilization of SAP HANA enterprise cloud. Companies like TekSlate reduced TCO by deploying several BPC solutions on AWS
Open Integration
Uninterrupted integration of data and master data from both non-sap and sap source into your financial planning & consolidation setup.
Technical Capabilities
Unified Planning and Consolidation
Reduces bugs and saves time with a single and integrated software solution for business planning and consolidation.
MS Office, Web and Mobile Reporting
Provides interaction to stakeholders across the finance and throughout the organization with HTML5, MS Excel and mobile reporting interfaces.
Budgeting & Forecasting
To determine budget suitability in real-time scenarios, Scenario Planning and What-if modelling techniques are used. It setups forecast models and update forecasts as and when needed.
Built-in Financial Intelligence
Automates allocations, aggregations and manual processes if any to gear up planning cycles. To find out course corrections quickly, what-if scenarios are used.
Legal & Management Consolidations
Delivers an accurate solution quickly by automating the consolidation process. Encounters all financial reporting essentials including an audit trail.
Pre-packaged Business Planning and Consolidation Content
Swiftly implements best-in-breed solution with pre-packaged industry and provides functional content for all types of planning- right from capital planning to strategic planning.
Self-reliance and Accountability
Assist self-reliance in connection with business users by providing a finance tool, built especially to manage finance
Towering Business Values With SAP BPC
With SAP BPC, you can focus more on how to grow business and less on closing the books. This revolutionary tool is installed every other day by many companies. Let us see how companies benefitted using SAP BPC.
Eagle View of Enterprises Finances
Recently, an airlines company has disclosed the importance of BPC on designing an impressive 18-month financial forecast. In the middle of severe fluctuations in the weather, fuel costs, traffic and other influencing factors will affect profits of the business, but SAP BPC can predict well on financial forecasts.
Compelling Budgeting
With an effective financial forecast, the company can construct a better budget plan on the specified elements in the forecast. Budgeting is pivotal in any organization, it is a decisive factor for a company’s success or failure.
Access Real-Time Data
BPC is capable of retrieving the data from ECC 6.0 and other enterprises data systems simultaneously. With this real-time data update into the dashboard, the user can view the latest data. You can configure dashboards by going through SAP BPC Training very easy. It becomes easy for an organization to modify and manage business processes in correspondence with its negative representation of SAP BPC dashboard.
Smart Integration
Any company can achieve soaring business values with smart integration. BPC can integrate business data effectively and set a budget and financial planning appropriately, this makes enterprise have an insight into what is going on in the business process. BPC also provides rooted visibility into the long-term and short-term financial forecasts.
SAP BPC provides everything to an organization in one single application and user-interface. BPC will help companies achieve a cooperative process which will allow you to align business objectives, better plan, improved performance, manage the business process in a better way. The business sphere is mounting towards forward-looking software like SAP BPC, if you like to frame a career in the same then online training/learning would be an instant option.
