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Thought Leadership on SAP BPC and EPM Implementations

EPM Events are a Big Part of Success Regimen

Posted by David Den Boer on Mon, Nov 17, 2014 @ 10:11 AM

It is said that whether you are a pessimist or an optimist will determine how far you go in life.  I believe it is those who look up, aiming for a destination beyond the horizon, that have the best chance for success.  I’ve observed that this same categorization applies to EPM customers.

If you think an Enterprise Performance Management (EPM) solution is something you implement once and forget about, then don’t bother reading this article.  You’re probably the kind of user to focus on minimizing cost of ownership vs. maximizing returns.  If so, then this is not for you.

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EVDREs Do Not Play Nicely with EPM 10

Posted by Jamison Chochrek on Tue, Nov 04, 2014 @ 10:11 AM

For those of you working EPM 10 and contemplating using EVDREs, this blog should be of help to you and ideally save you time!

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5 Overlooked Features of BPC

Posted by Jamison Chochrek on Tue, Oct 28, 2014 @ 12:10 PM

This exact list is, of course, debatable from one BPC Deployment Expert to the next.  In fact, I am curious to see what other experts think.  Here are my top 5 features that are often overlooked in SAP’s Business Planning and Consolidation & EPM offerings.

 #1: Business Process Flows:  Also known as BPFs.  This is a free feature embedded within BPC that requires minimal consulting expense if the user takes the appropriate training.  How to achieve this:

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What’s the ROI of Your BPC Implementation?

Posted by Rick Bryant on Wed, Oct 22, 2014 @ 14:10 PM

“Is our BPC implementation working well?  How are competitors using the same software?  What are the best practices?  What is the ROI?”

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Live from #SAPEPM2014 - New Cloud Planning from SAP

Posted by Mike Sullivan on Tue, Oct 14, 2014 @ 10:10 AM

Column5 is at the SAP Conference for EPM, and was there to witness SAP’s recent announcement of SAP Cloud for Planning!

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Penny Wise and Pound Foolish: Why Your Focus on "Cheap" is Killing Your Profits

Posted by Jamison Chochrek on Tue, Oct 07, 2014 @ 07:10 AM

Remember the great 1996 classic flick, Jerry Maguire? Do you recall that moment early in the movie when Tom Cruise’s character writes his memo before he got whacked? His coworkers clapped and cheered. They did so because they believed in what he said. Then corporate reality set in and they had to get back to work… back to business as usual!  So did Bob “Business as Usual” Sugar win in the end?

Throughout the movie many characters call the memo a “Mission Statement”.  Well, folks, after 20 years I have had it!  I am writing my “memo” in this blog.  While I am not staying up late and photocopying my “memo” to be hand placed on my colleague’s seats, I hope this has a (somewhat) similar effect. 

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What Should an SAP BPC Team Look Like? Update!

Posted by Mike Sullivan on Tue, Sep 23, 2014 @ 11:09 AM

The landscape of an EPM project is literally changing right before our eyes. In fact, we posted a blog on this topic not long ago and realized that there were several updates that needed to be made. Not because the post was incorrect but because the practice in the field had changed in a few short years.

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Organizational Change Management for SAP EPM and BPC Implementations

Posted by Connie Folk on Tue, Sep 16, 2014 @ 12:09 PM

Column5-Organizational Change ManagementSuccessful delivery and adoption of any project requires a partnership between the business, IT, value chain partners and end-users to ensure the solution delivered meets business objectives and return on investment.  Collaboration is required to make certain:

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Column5 Launches the “Close Cycle Rankings 2014” in North America

Posted by David Jones on Wed, Sep 10, 2014 @ 13:09 PM

Column5 is pleased to be sponsoring the North American edition of the “Close Cycle Rankings 2014” in conjunction with our research partners EPM International. This research is now available to our clients.

For the last 10 years EPM International (EPMi) has compiled information from publicly available sources on the elapsed days taken to report Q4/year-end results and obtain the annual audit report sign-off for over 1,000 of the world’s largest companies, including the New York Stock Exchange Top 100.

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OLAP Is Not History

Posted by Jamison Chochrek on Wed, Aug 27, 2014 @ 11:08 AM

EPM stands for Enterprise Performance Management.  In a nutshell, it is at least a 4th generation moniker describing an underlying use of OLAP (Online Analytical Processing) technology.  Why should you care?  Well, it really is the current “end game” of computing for most organizations.  If you are an executive or in a leadership role in say, Finance or FP&A, you should really care!  One cannot manage that which they do not measure. Those who can achieve EPM and leverage OLAP technology will outperform their peer groups across the board.  How in the world can you track your EPS or monthly profit if you do not capture and report the information to do so?  How can you take action to get back on plan, or stay ahead of plan, if you have no tools to do so?  This is what EPM is for, and what OLAP has been solving for nearly 40 years.  The path to effective leadership and success is not simply about delivering results; it is about consistently delivering results.  In order to do this one must be able to both monitor their business, and be able to take actions to control the business. 

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