Frequently Asked Questions
Additional information about SAP Integration
What is SAP?
SAP is abbreviated as System Application Products which provides the user with real-time based business application. This system provides the user with full flexibility and user interface into their business. So SAP system is one of the major enterprise resource planning acquired in today superior business platforms.
What is EPM?
SAP Enterprise Performance Management (EPM) allows your organization to improve its financial and operational performance management. SAP EPM supports various functionalities with SAP Business Planning and Consolidation BPC-NW or BPC-MS like financial consolidation, financial information management, supply chain performance management, strategy management, and many other areas.
What is SAP BPC?
SAP BPC is a component of SAP EPM, It’s an application dedicated to financial processes on a bind platform. Accept by the business and designed for the backend user, it is the target environment to support planning and financial reporting. SAP BPC can be initially implemented to address one business process such as management consolidation but quickly be extended to address other processes e.g. business modeling, planning and budgeting. This organic scalability is a distinct differentiator of SAP BPC’s unified platform.
Benefits of Implementing BPC
Sap ERP, Netweaver BI, but also other non-SAP systems. It is aimed at business users who want a flexible planning tool, to customize themselves, which requires trust from the leaders. BPC will help your organization achieve a unified process that will allow you to better plan, manage and boost performance. Better alignment of goals, plans and tactics, improved decision- making and importantly, enhance execution of organization.
Benefits of Implementing BPC
- A faster month-end closing process.
- Improved access to critical process
- Diminish effort to produce information and reduced cycle times for budgeting/ forecasting and consolidating.
- Actuals cost reductions, better cash management and less financial risk from improved processes and a better view of the future.
How to Calculate Return on Investment for SAP BPC Projects?
To calculate the Return on Investment simply take the sum of your project costs and the sum of your project benefits, convert them to the present value at the end of the three year life of the project, divide one by the other, take away 1 and multiply by 100 to give the ROI percentage:
ROI = ((PV of Benefits / PV of Costs) -1) x 100
Technical to Functional
You should leverage your technical skills and acquire finance skills. Anyone with BI/DW/SAP BW skills are a good fit. The rationale behind OLTP, OLAP, ETL, dimensions, measures, structured reports, excel analysis are same. SAP BPC is a end user tool to plan, budget, forecast, consolidate and report. The BPC skill sets are techno-functional in nature. However, if you come from a purely technical background or functional background, don’t be discouraged. It is rare to find consultants with both the technical skills and accounting skills.
Functional to Technical
Anyone with accounting / finance work experience or education background are good candidates for SAP BPC. You should leverage your finance skills and acquire technical skills.