Did you know that despite rampant digitalization, many organizations still largely rely on spreadsheets to perform high-level financial planning and analysis?

1. 2/28/24, 12:36 PM How does SAP Analytics Cloud Drive Desired Business Outcomes?
https://techwave.net/how-does-sap-analytics-cloud-drive-desired-business-outcomes/ 1/7
CLOUD
HOW DOES SAP ANALYTICS CLOUD DRIVE
DESIRED BUSINESS OUTCOMES?
Here is why every CFO and CIO needs SAP Analytics Cloud
Did you know that despite rampant digitalization, many organizations still largely rely on
spreadsheets to perform high-level financial planning and analysis?
This dissonance leads to a situation wherein an organization’s internal processes haven’t quite
kept pace with its external modernizations. Concerns like inconsistent data modeling and
planning processes across the organization make it harder for top-line executives to effectively
discover the true costs and key drivers of profitability for different aspects of their business.
According to The Future of Financial Reporting Survey (2017) conducted by the Modern Finance
Forum, 43% of senior finance executives were not privy to how many business-critical
spreadsheets were in use in their organization at a time. Over 48% of the participants of this study
said that spreadsheets make it difficult to manage the planning processes. Now let’s round up the
challenges that any decision maker in any organization is put against in today’s digital economy:
Inability to harvest actionable insights from Big Data
Inability to discover true costs and key drivers of business outcomes
Market responsiveness to disruptions slows down because of a lack of reliable data-driven
insights
Inconsistent modeling and planning processes across the organization
Lack of confidence in forecasts or plans because of unreliable data
Unable to augment financial analysis with advanced AI to create more accurate forecasts
SAP Analytics Cloud is a next-generation SaaS solution that is specifically built to support
collaborative enterprise planning based on a single source of truth. Now you can make Marketing,
HR, Sales, Operations and Supply Chain plans on SAC and gain clear visibility into your cost and
revenue drivers. With the help of SAP Analytics Cloud planning and analysis support,
organizations can now facilitate consistent data modeling and align financial and operational
plans across the company to drive better business analytics and consequently, business
outcomes.

2. 2/28/24, 12:36 PM How does SAP Analytics Cloud Drive Desired Business Outcomes?
https://techwave.net/how-does-sap-analytics-cloud-drive-desired-business-outcomes/ 2/7
Since SAP Analytics Cloud is built on the SAP S/4 HANA platform, it creates a unified experience
for planning, BI, and predictive analysis while being connected to the digital core of your business.
What are the core benefits of SAC to customers?
Go from insight to action faster than ever : With SAP Analytics Cloud features that
facilitate data discovery, visualization, and planning with augmented and predictive capabilities,
SAC is an AI-powered tool that combines all these varied functionalities into one single SAP cloud
platform. Essentially, it is a one-stop-shop solution for all planning, analytics, and visualization
needs.
Seamless Collaborative Planning : With the help of SAC, now seamlessly align plans with
any number of people and departments and strategize using reliable, data-driven insights. SAC is
the only tool in the market that supports such seamless organization-wide planning as
collaborative tools and analytics are directly embedded in SAC’s financial planning & analytics
process.
Predict future outcomes : SAP Analytics Cloud leverages its embedded artificial
intelligence and machine learning technology to provide automated forecasts and data-driven
insights that can reliably predict future outcomes. Using SAC’s advanced predictive forecasting,
users can review visual indicators of the expected best-case or worst-case forecast. With this
functionality, you can see forecasted projections change in near real-time based on underlying
source data updates.
Data exploration and visualization : Discover top drivers of performance and integrate
them back into the larger organizational plan by analyzing patterns and gaining additional insights
into these influencers using SAC. Represent your data-driven insights through powerful visuals
and compelling data stories. Now put data in context with rich, interactive charts and tables using
predefined templates in SAP Analytics Cloud. Through this solution, you can now fundamentally
change the way you visualize the financial impact of key drivers and assumptions behind critical
business outcomes.
A Fully integrated tool : SAP Analytics Cloud is well integrated with the rest of SAP modules
and tools which makes using SAC even more beneficial. At any given time, the organization’s
planning and analysis will be connected to its digital core, leading to a more reliable and unified
experience.
Intelligent Real-time Data Analytics : With live connectivity for financial reporting &
analysis, get advanced real-time data analytics and scenario modeling without any IT intervention.
SAP Analytics Cloud enables organizations to automate sophisticated predictive analytics with
ML algorithms that reveal hidden relationships in your data to help you derive actionable insights.
Decision makers at all levels can leverage the transformative power of smart, automated SAP
analytics to make confident decisions at lightning speed, without relying on IT or data analytics
experts every step of the way.

3. 2/28/24, 12:36 PM How does SAP Analytics Cloud Drive Desired Business Outcomes?
https://techwave.net/how-does-sap-analytics-cloud-drive-desired-business-outcomes/ 3/7
It’s difficult to figure out exactly how to go about implementing SAP Analytics Cloud into your
organization. A detailed assessment of your company’s internal process combined with an
evaluation of the existing tech landscape and the organization’s aspiration for the future will help
define the required solutions.
With over 17 years of experience in the enterprise performance management space, Techwave
has developed an iEPM framework to understand where our customers are in their journey to the
desired EPM state. By virtue of the expertise built over years, this framework helps us identify and
focus on the right areas and provide specialized solutions to varied business challenges.
As a long-standing EPM partner for leading clients across the world, here is Techwave’s value
proposition for the implementation of SAP Analytics Cloud:
Fast-track your journey from insights to action with SAP
Analytics Cloud
BOOK YOUR FREE CONSULTATION!
1.Our People
We have certified SAC consultants with over 17+ years of experience in the EPM space. Our
strong techno-functional resources combine their technical prowess and business acumen to
drive transformative business outcomes with the help of SAC
Techwave has a global presence with Offshore, Nearshore, and Onshore execution
capabilities
2.Our Delivery Strength
As a part of our Rapid Deployment Solutions, you can reduce time to realization by up to 30%
and go live within just 6-8 weeks
We leverage our in-house RPA solution called Techwave Autonetic Platform (TAP) for web
scraping and reporting in SAC
Techwave has developed end-to-end SAC Planning, BI, and Analytics offerings with three
specialized accelerators that are focused on Driver- Based planning & forecasting, real-time
executive dashboards, and operational reporting

4. 2/28/24, 12:36 PM How does SAP Analytics Cloud Drive Desired Business Outcomes?
https://techwave.net/how-does-sap-analytics-cloud-drive-desired-business-outcomes/ 4/7
We also provide landscape assessment and recommendations for your SAC journey
3.Our Accelerators:
We have a proven track record of successful engagements in addressing crucial business
process faps through proven methodologies like our iEPM framework from Planning,
Financial Consolidation, and Management & Operational Reporting
After streamlining the data integration with the source system, Techwave develops custom
SAP Analytics Cloud reports for the finance staff. We have successfully migrated and
consolidated hundreds of financial reports into a few simple, reliable, and real-time reports in
SAC
For key finance decision makers, our Finance Cockpit serves as a one-stop destination for
their planning and consolidation requirements like Integrated Income Statement Planning,
Cash Flow Planning & Forecasting, HR Planning & Forecasting, Opex & Capex planning, and
Value Driver Tree for Top-Down planning
PREVIOUS POST
Why are Contemporary EPM Solutions Critical to Business Growth?
NEXT POST
How to Reduce Cloud Costs and Improve Efficiency
RECENT POSTS
2023 Curveballs and Wisdom to Thrive in 2024 and Beyond
Company Goals vs. Employee Expectations: How can Leaders Empower Shared Success in
2024?
Will Europe Win the 5G Network Race? Policy, Insights, and the Road Ahead
Emerging Trends in Data Security for a Competitive Edge in 2024 and Beyond
​
Data Governance in the AI Era: Ensuring Trustworthy and Ethical AI Solutions
Search here..

5. 2/28/24, 12:36 PM How does SAP Analytics Cloud Drive Desired Business Outcomes?
https://techwave.net/how-does-sap-analytics-cloud-drive-desired-business-outcomes/ 5/7
CATEGORIES
AMS
Analytics
Artificial Intelligence
AWS
Big Data
Blockchain
BPO
Cloud
Company Announcement
CRM
Digital
Digital Transformation
EIM
EMI
Engineering
EPM
ERP
Events
Featured
Fintech
IoT
IT infrastructure
SAP
SAP AMS
Validation

6. 2/28/24, 12:36 PM How does SAP Analytics Cloud Drive Desired Business Outcomes?
https://techwave.net/how-does-sap-analytics-cloud-drive-desired-business-outcomes/ 6/7
ABOUT TECHWAVE
Techwave is a leading global IT and engineering services and solutions company revolutionizing
digital transformations. We believe in enabling clients to maximize the potential and achieve a
greater market with a wide array of technology services, including, but not limited to, Enterprise
Resource Planning, Application Development, Analytics, Digital, and the Internet of things (IoT).
SERVICES
Enterprise Digital Services
Engineering Services
Enterprise Business Services
PLATFORMS
SupplyVu™
Autonetics Platform
Hybrid Cloud Management
COSMOS IoT
GLOBAL HEADQUARTERS
13501 Katy Fwy Suite 3305,
Houston, TX 77079, USA.
Ph:+1 281 829 4831
info@techwave.net
FOLLOW US
   

7. 2/28/24, 12:36 PM How does SAP Analytics Cloud Drive Desired Business Outcomes?
https://techwave.net/how-does-sap-analytics-cloud-drive-desired-business-outcomes/ 7/7
Techwave © 2023 All Rights Reserved. | Privacy Policy | Cookie Policy |