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SAP BPC- Handle the Financial Processes on a Unified Platform

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SAP SE, a German multinational software corporation is known for its enterprise softwares which help organizations to manage business operations and maintain customer relations. SAP stands for Systems, Applications and Products in data processing. SAP system is a complete software package for business which is designed to address requirements of all areas in the business. It provides end to end solutions for businesses to meet financial, logistical, manufacturing and distribution needs. All these processes are run in a unified SAP system which shares common information across each system. SAP functional modules include FICO, PP, MM, SD and HR.  SAP technical modules include ABAP, XI, Net Viewer, Basis and BIW.


Introduction to SAP BPC


SAP BPC is a functional software module from the German company SAP AG. BPC stands for Business Planning and Consolidation. It is an application to handle the financial processes on a single platform. It supports planning, consolidation and financial reporting which is designed for the end users.


SAP BPC allows businesses to streamline planning and to minimize the business risk. It provides an intuitive and unified platform for all your financial needs be it planning, budgeting or consolidation. It provides a unified view of both financial and operational data, standardizes the management processes and models the scenarios. Within a single application, SAP BPC provides consolidation of data, statuary reporting and other management operation tools which meets your financial and operational planning goals.


SAP BPC is available in two versions- one for the Microsoft platform and the other for SAP Net Viewer. It provides a better insight into all the relevant data and allows real-time planning when used along with SAP HANA. Organizations can plan better and act quickly with these capabilities.


 


Functionalities of SAP BPC



  • Planning and financial consolidation tool which assists in budgeting, forecasting and legal management.

  • High level of integration with MS Office provides reporting and dashboard features.

  • Ability to load non SAP systems and also SAP ERP, Net Viewer BI etc.

  • Provides a flexible tool for planning and customization.

  • Create and configure budgeting process and simulation.


Highlights of SAP Business Planning and Consolidation



  • Improve decision-making


The tool offers support for planning and budgeting requirements of your business completely. It enables visibility to the internal and external factors which might impact your projects. All these insights help you improve your decision making, become accustomed to the business and reduce the associated business risk.



  • Reduce cycle duration


It provides a single platform for finance managers and operation managers to work together thereby reducing the cycle duration, shortening the budget planning process, creation or validation processes.



  • Reduce the IT requirements


The need for manual work and data consolidation will be reduced to a great extent by using the tool, the main advantage of planning and budgeting using the SAP BPC tool. It’s an easy-to-deploy application which reduces manual work and improves the IT resource alignment.



  • Maximize User Productivity


With the cutting-edge office automation tools and excellent user interface, the employee effectiveness will be maximized.


Why SAP BPC?



  • BPC software assists to keep your business in fast pace by providing excellent tools.

  • Make good decisions with the help of analysis and scenario planning.

  • Improve accountability, plan accurately using the collaboration tools.

  • Reduce the cycle times, align the plans, and finish the projects faster with ideal strategic goals.

  • Avail real-time access to the data sources using SAP HANA software.

  • Execute your business with the platform of your choices be it Microsoft or SAP Net Viewer.


Valued Proposal


Companies who are struggling with increased costs, loss in revenue, inefficient strategies and complicated reporting systems, SAP BPC can maximize the effectiveness of management processes. It streamlines the business processes with cutting edge software and proven customer services. This provides more time for the businesses to concentrate on decision making and corrective measures.


SAP BPC can be implemented to address management consolidation, business modelling, business planning, and business budgeting.



 

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