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SAP EPM
Thought Leadership

COVID-19: How To Update your EPM Solution & Avoid Exposure by Long Planning Turnaround Times

Posted by David Den Boer on Wed, Jul 15, 2020 @ 12:07 PM

The COVID-19 pandemic hit just like the children’s game of musical chairs. As the music of our economy stopped, if you were not near a safe place to sit, you were caught out in the open…finding yourself at risk. Similarly, your EPM solution was likely being enhanced, and upgraded on a certain path before the virus came into being. Any EPM strategy not ready for intensified operations learned the hidden weaknesses of their solution.

To make you feel better, almost no EPM solution was ready for this.

Whatever the state was of your EPM solution, that is the tool you had to wield as you navigated your organization through  the impacts of the virus. As we said in part one of this blog series, the jarring impact to the market doesn’t specifically need to be the virus, it could be anything. Just some unpredictable market influence that won’t wait for long running processes.

Topics: Thought Leadership, Enterprise Performance Management (EPM), Performance, Performance Tuning

COVID-19: A time for Leadership - Leveraging Enterprise Performance Management in Times of Crisis

Posted by David Den Boer on Fri, Jun 19, 2020 @ 05:06 AM

"The Chinese use two brush strokes to write the word 'crisis. ' One brush stroke stands for danger; the other for opportunity. In a crisis, be aware of the danger--but recognize the opportunity." 

John F. Kennedy, US President 

It's the sort of blockbuster movie plot you'd expect to see while sitting in the dark confines of a movie theater, booming audio and a gasping crowd. A thrilling plot has your eyes riveted to the screen, where the dramatic tension is only broken when you run out of popcorn or the movie ends. In that scenario, you can return to your "real life" in a little over an hour, with no discernible life altering impact. It is now clear this COVID-19 provocateur is no movie; this virus will not go away so quietly without leaving an indelible impact on the world.  It most certainly will impact how you and the leadership team rely on your EPM software and Enterprise Performance Management in general. 

For this article, we'll define EPM software as Gartner does as dealing with “the process of monitoring performance across the enterprise with the goal of improving business performance.  Other activities we'll include under the Enterprise Performance Management umbrella are FP&A modeling, budgeting, forecasting, reporting, and consolidation.  Keep reading to find out how our plot unfolds. You'll learn how to avoid high latency, Excel centric planning.  You'll also learn 3 stages of recovery and the leadership principles needed to accelerate  your Enterprise Performance Management and remodeling during COVID-19. 

Topics: Thought Leadership, Enterprise Performance Management (EPM), Performance, User Experience

We Don’t Know What We Don’t Know

Posted by David Den Boer on Fri, Apr 06, 2018 @ 08:04 AM

We have all overcome mistakes in life, using the rearview mirror to observe how easy it would have been to sidestep the pitfall, commenting, “If only I knew then what I know now.” This thought crosses my mind almost daily.

What do you do when you feel this way about the EPM process, BPC or your consultants? Do you ever wonder how they became experts, or how qualified they truly are? How do they define best practice? Recently, I worked with a customer who started their BPC journey with an early version of BPC for NetWeaver. They sought out highly talented consultants, assuming their talent and experience based on their reputation within the industry.

Topics: Best Practices, Thought Leadership, Enterprise Performance Management (EPM), Implementation, Services Focused, Executive

[TECH ALERT] Current Performance Issues with SAP BPC 10 and 10.1 MS

Posted by Charles Dagaev on Wed, Feb 28, 2018 @ 09:02 AM

Our tech team has noticed a pattern of SAP BPC performance issues with certain SAP BPC 10 and SAP BPC 10.1 systems on Microsoft. Dimension indexes are becoming fragmented, which seems to relate to dimension processing. The addition of even a single member to a dimension, with the same processing, fragments the first index (clustered) in the list. In turn, Analysis Services is unable to read from the dimension table efficiently, which in turn kills retrieval of data (reports / schedules) performance.

Topics: Enterprise Performance Management (EPM), Performance, Technical

EPM Maturity Model - How do I use it?

Posted by Peter Bull on Mon, Mar 27, 2017 @ 14:03 PM

In the last article we looked at the definition and content of the EPM Maturity Model.

In this article we’ll look at how to gauge EPM Maturity and how to identify areas to improve. At the core of the Maturity Model is the definition of:

  • Right Model
  • Right Audience
  • Right Time

Across these definitions we lay a scale that moves from low levels of maturity to high levels of maturity:

Topics: Best Practices, Process Improvement, Thought Leadership, Enterprise Performance Management (EPM)

EPM Maturity Model - What is it?

Posted by Peter Bull on Thu, Mar 23, 2017 @ 09:03 AM

Organizations need to plan, measure and manage across Strategy, Operations and Finance. Isn’t that what Enterprise Performance Management (EPM) is all about? It seems like a simple formula. But what about if we change the question to ask what makes successful EPM and successful organizations? If we start with the definition that “Successful EPM drives organizations that dramatically outperform their competitors in terms of both financial and non-financial results” – this gives a very different perspective on the importance and value of EPM. It also means that you need to have a mechanism and framework to objectively review your EPM capabilities and relative maturity.

Topics: Best Practices, Thought Leadership, Enterprise Performance Management (EPM)

SAP BPC 10.1 NetWeaver at the Saudi Arabian Monetary Authority - 10 Keys to EPM Project Success

Posted by Richard Hynes on Tue, Jan 31, 2017 @ 11:01 AM

From November 2015 to November 2016, with 9 months on site, Column5 worked at the Saudi Arabian Monetary Authority (SAMA), which acts as the central bank for the KSA, to implement a Budgeting, Planning and Forecasting system using SAP BPC 10.1 NW on BW 7.4. This is the story of that implementation and the key factors behind the success of the project.

Topics: Enterprise Performance Management (EPM), Training, Case Study, Executive, Upgrade

3 Steps to Ensure Projects are Delivering EPM Value

Posted by Connie Folk on Mon, Jan 09, 2017 @ 11:01 AM

Successful projects, delivering real results, are a must in today’s competitive environment.  Setting projects up for success can occur by following a proven methodology.   Optimally, organizational processes, behaviors, and results are directly correlated to, and as a result of, the creation and cascade of an overall organizational vision.  From the vision, a strategy is born.  However, your strategy may never become a star if it remains relative obscure to the larger organization.   One of the key challenges many companies face is operationalizing, or making the strategy a reality.  Projects are the vehicle to move strategy from the boardroom to the back offices and ultimately a core plank in delivering your overall strategy.

Topics: Enterprise Performance Management (EPM), Project Management, EPM ROI, Executive, EPM

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

EPM vs Analysis Office

Posted by Richard Hynes on Tue, May 24, 2016 @ 15:05 PM

Many of you will have heard that the EPM Add-In is being replaced with Analysis Office. This is not quite true: the EPM Add-In is being replaced by the EPM Plug-In which is a part of the new Analysis Office Add-In which also contains a Plug-In called Analysis. I hope that is clear.

If not, let me explain further.

Topics: Enterprise Performance Management (EPM), EPM 10, EPM Landscape, Analysis Office

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