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SAP BPC & EPM
Thought Leadership

Jamison Chochrek

Recent Posts

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!

Topics: Best Practices, Training, Implementation

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:

Topics: Thought Leadership, EPM 10

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. 

Topics: Best Practices, Thought Leadership, EPM ROI, Performance, Implementation

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. 

Topics: Enterprise Performance Management (EPM), BPC (Business Planning & Consolidation)

How EPM Caught The Pizza Bandit!

Posted by Jamison Chochrek on Tue, Aug 12, 2014 @ 09:08 AM

This is a 100% true story.  The names have been altered to protect the innocent (and the guilty)!

Everyone likes a great story.  What makes a story great is a plot, a villain, and a hero.  What makes this particular story more interesting is that it is a business story. It also one that clients keep asking me to repeat to their teams, peers and even their executive staff.

Topics: Best Practices, Thought Leadership, Analytics, EPM ROI, Microsoft, Implementation

7 Deadly Sins of a BPC Implementation

Posted by Jamison Chochrek on Thu, Jul 17, 2014 @ 14:07 PM

I have had the pleasure of being involved with at least 100 BPC (OLAP) deployments over the past two decades in some role or another. I wanted to share what I believe are the 7 Deadly Sins of a BPC Implementation.  Over the past 9 months I have been speaking with new clients to my organization who have had prior experience with another firm claiming to understand BPC.   Seventy-five percent (75%) of these discussions involved most, if not all of the aspects described below.

Topics: Best Practices, Thought Leadership, Enterprise Performance Management (EPM), Project Management, Performance, Value, Implementation, BPC (Business Planning & Consolidation)

Considerations in Upgrading to SAP BPC v10

Posted by Jamison Chochrek on Tue, Jun 24, 2014 @ 09:06 AM

This week has been somewhat of a client reunion week in that three of our clients from the “OutlookSoft” days are looking at upgrading to BPC v10.  Enough to where I had three meetings that felt like one topic three times over. That makes me believe there are other SAP BPC clients out there who could benefit from this information. This article is for any existing SAP BPC client who is not currently on v10.

Topics: HANA, Thought Leadership, OutlookSoft, NetWeaver, Roadmap, Microsoft, Implementation, BPC (Business Planning & Consolidation)

EPM Hierarchical Planning, Forecasting and Reporting

Posted by Jamison Chochrek on Tue, Nov 12, 2013 @ 09:11 AM

Column5's EPM Academy sets the industry standard in quality curriculum, with course content developed by top field experts on SAP products and delivered in a variety of formats.Software knowledge and skills are only as valuable as what's retained and applied in the real world. Column5's "360 Training Experience" ensures that your staff will not only develop good habits and acquire confidence while mastering the software—they'll build organizational enthusiasm for EPM that lasts long after implementation.

Topics: Enterprise Performance Management (EPM), Training, Data, Forecasting

How To Avoid The EPM Black Swan Catastrophe

Posted by Jamison Chochrek on Wed, Aug 21, 2013 @ 11:08 AM

We have all heard of the Big Bang Theory. It is one idea of how the universe was created. Certainly not the only one, but a prevailing trend in modern astrophysics. It is one of the least successful ways a project can achieve success. The “Big Bang Project” is more likely to create a big “Black Swan”. If you are a business leader, project manager or stakeholder, you know that Black Swans leave “black eyes” for you and the business. If you are looking at a Business Intelligence, Analytics or Enterprise Performance Management project then you may want to read this.

Topics: Enterprise Performance Management (EPM), Business Intelligence (BI), Analytics, Rapid Deployment Systems, Implementation

EPM10 Shifts the Traditional Division of Labor

Posted by Jamison Chochrek on Thu, Jun 06, 2013 @ 12:06 PM

Within today’s business landscapes there has been a shift of power to the CFO (Finance) away from the 1990’s technology driven CIO (IT). IT is often seen as a cost rather than profit center. Elements once considered directly under the CIO business plans have been shifted to the new profit center under Finance, FP&A (Financial Planning & Analysis) or the CFO’s office.

Topics: Enterprise Performance Management (EPM), Financial Information Management, EPM 10, Value, BPC (Business Planning & Consolidation)

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