EPM Thought Leadership

Reporting Bank Balances and Overdrafts in BPC

Posted by Martin Lloyd on Wed, Oct 19, 2016 @ 12:10 PM

I was recently asked about reporting Bank Balances and Overdrafts in BPC, particularly when the status can vary from month to month. The initial discussion concerned reporting a Bank Account balance as a Short Term Asset - Cash balance or a Short Term Liability - Overdraft but it led on to some more complex scenarios.

If you are using BPC for financial reporting and consolidation this is an issue almost every client has so its worthy of considering the options.

Topics: Financial Information Management, BPC logic

BREXIT and the Benefits of Constant Currency Reporting

Posted by Martin Lloyd on Thu, Oct 13, 2016 @ 05:10 AM

As many of you know, a properly implemented EPM solution can help model changing market conditions. Such
conditions may be commodity prices, competitive pressure in certain product and geographical markets, interest rates, or currency exchange rates. The thinking is, the better the ability to understand the impact to your organization of such volatility drivers, the more time you will have to craft a strategy to react. However, this task is not very simple as you will have all of those influences (and likely many more) nudging your company’s performance indicators up and down simultaneously.

Topics: BPC (Business Planning & Consolidation), reporting

Quick Wins in BPC Logic Tuning

Posted by Martin Lloyd on Fri, Oct 07, 2016 @ 07:10 AM

I was recently working at an organisation where the BPC implementation had developed over time with input
 from a number of third party sources. There were no problems with functionality but, like most clients, they would appreciate any changes which could produce an improvement in performance. Clearly, a variety of skillsets, approaches, and quality standards had produced a challenging situation for this client, and they asked our team to make suggestions.

I was adding two new controls (validation accounts) and this led me to a small logic file which needed modifying.

As I reviewed the logic I realised that there were a number of modifications which would improve the performance, and would be simple to implement and easy to subsequently modify.

Topics: Performance, BPC logic

What Exactly is “Customized eLearning” and Why Do BPC Users Want It?

Posted by Adam Hess on Thu, Sep 29, 2016 @ 13:09 PM

In terms of EPM training, there is a broad range of offerings that a company can utilize.  Whether it be on-site, workshops, or customized training portals, EPM Academy has administered thousands of sessions in pretty much any format you can imagine.  At this point, with over 10 years of EPM training experience, it seems we’ve seen it all. But by far, the most effective format of BPC education is customized eLearning. EPM Academy’s customized BPC eLearning training is in a league of its own, and will greatly benefit any type of organization, regardless of size or number of BPC users.

Topics: Training, best practices for epm

Why We Love SAP BPC Language Customisation in 10.1 NW and You Will Too! (Especially in Arabic)

Posted by Richard Hynes on Fri, Sep 16, 2016 @ 10:09 AM

Language customisation of SAP BPC for NetWeaver can be wrongly viewed as a challenge and an unnecessary effort. There are obvious advantages to presenting the software and the models in the user’s mother tongue. Although some customising needs to be done in the areas laid out below, the time spent is not excessive, and should be amply rewarded by improved accessibility for your international users.

Column5 is currently carrying out an implementation using SAP BPC 10.1 NW in Arabic for a major Middle Eastern bank. We believe this is the first full implementation in Arabic so we would like to share some of the insights regarding language localization.

Topics: EPM 10, NetWeaver, best practices for epm

6 Commonly Asked Questions About the EPM Add-in Excel Client

Posted by Darko Kavazovic on Fri, Sep 09, 2016 @ 10:09 AM

The EPM Add-in client is a hot topic among our customers and a subject we receive plenty of questions about. Questions usually arise during migration from the SAP BusinessObjects Planning and Consolidation (BPC) 7.x version for the Microsoft platform to SAP BPC 10.0 or 10.1, version for the Microsoft platform. This blog will cover questions about the EPM Add-in client during system upgrades. 

Topics: Excel, Technical, EPM Add-in

3 Key Findings from the Close Cycle Rankings 2016 You Need to Know

Posted by David Jones on Wed, Aug 17, 2016 @ 08:08 AM

Does Unilever breakthrough into the Global Top 10 for speed of year end reporting herald a dramatic shift in European reporting efficiency? Sadly not.

The summary report for our annual Close Cycle Ranking research has just been published. It contains research into Q4/Year End Financial Results announcements for the year ending 31st December 2015 for over 1,000 of the world’s largest corporations.

Topics: Financial Close

EPM Summit – Learn, Share, and Collaborate

Posted by Surya Tamada on Mon, Aug 01, 2016 @ 09:08 AM

Column5’s EMEA EPM Summit 2016, which took place on 30th June and 1st July 2016 at St James’s London, United Kingdom, promised to facilitate a platform to bring together customers, SAP product development and management teams (SAP BPC and BFC), and EPM Practitioners. The primary objective was to enable these participating groups to share their views, experiences, and future goals to take their EPM journey to the next level. As a first time participant and a presenter at the Column5 EMEA EPM summit, I was really thrilled to see the response from all these groups and as a result the final outcome. In this blog, I would like to share my views on the Summit and the key takeaways.

Topics: Process Improvement, EPM Landscape

The Changing Role of Finance: Results Reporting to Business Partner

Posted by Connie Folk on Tue, Jun 28, 2016 @ 10:06 AM
Maximizing the value of your EPM BPC Implementation

The Need for Change

The Finance function is central to the successful operation of any organization.   Finance organizations are not immune to today’s pressure faced by businesses to reduce costs of business transactions while improving processes in alignment with the overall strategy and direction for the organization.  Faced with the demand to increase their role in the EPM lifecycle, Finance functions are moving away from a transactional data management focus to becoming deliberate business partners by providing assistance to the CEO and the organization in the development of strategic direction and key business decisions.

Topics: Financial Information Management, Investment Comparisons

Momentous Events in London this June - Even for SAP EPM users 

Posted by David Jones on Mon, Jun 20, 2016 @ 08:06 AM

June is a month of momentous events in London. While those events unfold, SAP BPC, FC and EPM users will also gather in London on 30th June and 1st July to share in their own very special event. 

June 2016 in London will see a momentous celebration, commemoration and decision. The people of Britain will be celebrating the 90th Birthday of Queen Elizabeth II, Britain’s longest serving monarch and a rock of stability through the last 7 decades as the British Head of State. They will be commemorating the 100th Anniversary of the Battle of the Somme, a horrific episode in World War I which saw tens of thousands of European citizens killed and wounded for no obvious or significant reward. And finally, the people of Britain will be making a dramatic and historic decision in their referendum on membership of the European Community. These events all have their own special significance for European history and Europe’s future and we will all be watching them unfold with great interest.

Topics: Enterprise Performance Management (EPM), Training

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