SAP BPC is the financial management element of the enterprise performance management cycle. It entails business planning and forecasting, the reporting of actual performance data and both management and group consolidation.
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SAP BPC
1. SAP BPC Business Objects Planning and Consolidation (formerly OutlookSoft) is a
corporate performance management tool that can cater for all types of planning and
forecasting, from simple small processes to complex multi-layer processes, while also
providing consolidation and easy to use reporting.
In a tough market, the pressure to get SAP Business Planning and Consolidation (BPC)
right is all the more intense. Uncertain times demand more of organizations financial
systems, as they call for complex data analysis and scenario planning.
SAP BPC is the financial management element of the enterprise performance
management cycle. It entails business planning and forecasting, the reporting of actual
performance data and both management and group consolidation.
SAP BPC should never be based on trial and error. It should be a fast, efficient and
simple process. Yet, the opposite is often the case: BPC can be a time-consuming,
resource-intensive and in many cases painful exercise.
Most crucially, BPC needs to be accurate. sap business planning & Consolidation
Robust processes allow companies to exploit opportunities and respond quickly to
changes in the business environment. Inversely, ineffective planning, forecasting and
consolidation put them at risk of losing competitiveness – or worse.
Effective BPC, supported by efficient planning, forecasting and consolidation systems
and tools, will enable organizations to:
Align planning and forecasting to strategy
Define planning requirements more precisely and consistently
Improve planning and forecasting accuracy
Reduce planning and month-end financial close cycles
Achieve a more granular view of performance
Inform better decision-making
2. Centralize and streamline financial management
Simplify compliance and reporting
This will mean increased productivity, reduced cost and enhanced profitability. And,
perhaps most importantly, it will put organizations in a stronger financial position to
achieve their strategic objectives.
Principle InfoTech offers world class consulting services for SAP EPM 10.0/BPC, we
also offer migration services, upgrade and support services. All our clientele
experiences best in class service with in the allocated budget with quality and in time
being the priority. Principle InfoTech also implements SAP BPC on HANA.
About Principle InfoTech:
Founded in 2009, Principle InfoTech is an award-winning Company with a 150 strong
workforce located across Asia-Pacific, USA and Africa. Headquartered in the Houston,
TX, USA and offices across all the major countries like India, Singapore, Africa, UK, the
company offers solutions and services that span the range of ERP (SAP, Oracle etc.),
Project Management and mobility – with specialized practices that focus on emerging
Industries. Principle InfoTech is Gold Partner for SAP and Oracle. Principle InfoTech
specializes in offering its solutions in the space of analytics and in memory solutions,
termed as future.