We know that EPM (and specifically SAP BPC) implementations have the potential to be very profitable, more so than other IT projects like ERP implementations. But how do you prove that?Read More
Column5 - EPM Thought Leadership Blog
EPM Thought Leadership
Whether you already have an existing BPC environment or are planning a new one, how to appropriately staff and support your EPM environment is a big question to tackle early on. While the number of FTEs will greatly differ based on the size or your organization, the complexities of your planning process, and the level of automation you invest in upfront, there are some basic skillsets you should address.Read More
A risk is the possibility of an event or a condition that could negatively impact a project. There are many events or conditions in any EPM BPC implementation that can derail the project, because BPC is a complex tool that touches many areas of your organization. This article is intended to help mitigate risk.Read More
As with most specialized software programs, it is usually not suggested to implement SAP BPC without the assistance of a consulting partner. Many projects require expertise that most EPM administrators do not have, and so it is recommended to find a partner that can ensure success. Choosing this partner is an important decision. Here are a few of the top things a company should look at when deciding on an appropriate organization.Read More
SAP BPC systems receive data from a range of external sources. The planning and configuration necessary to insert this data into the system is an important aspect of an implementation. The integrity of data is vital, and invalid data can affect processes within SAP BPC, such as calculations and reporting. Safeguards should be in place to prevent the entry of invalid data.
The main methods employed to enter external data into a SAP BPC system are:
- Interfaces to source systems such as an ERP or SAP BW system.
- Flat file uploads.
- Input schedules for manual data entry.
The first two sources – interfaces and flat files – are tested, configured, and operated by experienced administrators and consultants who understand the data structures of source systems and SAP BPC, so these usually do not create problems. The greatest risk is with data entered through input schedules by users who, whilst knowledgeable about the commercial functions of their organisations, are not experts in the data structures of financial information systems like SAP BPC. The techniques available to ensure the integrity of data entered via input schedules are the focus of this article.Read More
When upgrading to BPC 10.x, many companies are curious about what new features will become available to them. Besides being quicker, more stable, etc., there are three new features that Column5 believes are worth the upgrade.Read More
A key component of an effective reporting strategy is the ability to get data to users when, where, and how they need it to make better decisions. For many users in today’s technology-driven world, that means mobile devices are a critical part of the overall reporting strategy.Read More
If you work in the SAP EPM space, an Annual Pass to the Column5’s EPM Summit is your only option for getting the most up-to-date and in-depth learning experience. Column5’s Annual Pass includes the EPM Summit Online (EPMSummit.TV), a virtual conference environment with three live events per year, a Mastering EPM Workshop, a specialized hands-on training course the day before our Summit, and the EPM Leadership Summit in-person event itself, our annual conference in Las Vegas. So why should you buy one of these passes? Here are some important reasons:Read More
SAP Business Planning and Consolidation can be a difficult technology to master. Whether you have just begun working with the software, or you are a seasoned veteran, questions are likely to come up that require some additional information or skill to handle. Thankfully, there are a lot of resources for you to get the answers you need. Here are some examples of ways to get the best information and instruction on BPC.Read More
While working with clients to deliver EPM capabilities, we have all heard about how it is critical to have good EPM business processes in place within an organization. I would say that I totally agree with an earlier Column5 blog post, “The Process is King”. Clearly documented business process models assist organizations to align operations to their strategy, promote better communication, improve existing practices, establish control and consistency, and even gain competitive advantage.Read More