SAP SEM Training Online

The technical basis for SAP SEM is the SAP Business Information Warehouse (SAP BW). The SAP BW stores the metadata and application data for all SAP SEM components and provides the mechanisms for read and write access, and data collection.

It consists of the following components:

• Business Planning and Simulation (BPS)
• Corporate Performance Monitor (CPM)
• Business Consolidation (BCS)
• Business Information Collection (BIC)
• Stakeholder Relationship Management (SRM)

SEM provides an integrated real-time overview of the performance of a company - over and beyond its organizational structures. SAP’s Strategic Enterprise Management helps to improve cross- functional planning, reporting, and data analysis leading to an increase in company value. Strategic Enterprise Management (SAP SEM) enables you to structure your strategy, communicate your goals throughout the entire organization, collect information from external and internal sources, consolidate actuals, monitor the performance of strategic key success factors, and communicate your strategy to major stakeholders.

• Operationalize enterprise strategy down to the business unit level
• Aligns company activity with shareholder expectations
• Integrates the executive office with individual employee duties
• Joins efforts of all business parties into an effective strategy deployment
• Aligns employee feedback about strategic targets with further development of company strategy
• Supports the management by automating performance monitoring and decision making processes
• Consolidates financial data more quickly and more easily
• Extracts data from various systems and consolidates it automatically
• Eliminates inconsistencies and significantly reduces input errors
• Automatically extracts key figures from the financial statements of legal entities and management units
• Standardizes information by using a common integrated platform
• Brings transparency to both internal decision makers and to external stakeholders