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SAP BPC & EPM
Thought Leadership

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

Designing EPM Reports Around the Campfire

Posted by Steve Way on Thu, Apr 21, 2016 @ 08:04 AM

Here in the Pacific Northwest of the United States, people are either “fair weather” campers or “all weather” campers. When I was a young Boy Scout, my Scoutmaster (a former Marine) could politely be described as an “all weather” camper. He had no regard for cold blowing horizontal rain or snow….we went camping anyway. The best part of the trip was roasting marshmallows and drying out around the campfire, weather permitting. To distract all of us cold campers from turning it into a complaint party, he would engage us in games and stories. His favorite was the age old game of one person telling a story to your neighbor, and that person tells it to his neighbor and so on. Of course the story that is told by the last person bears little resemblance to the original story.

Topics: Enterprise Performance Management (EPM), EPM 10, best practices for epm

11 Dirty Secrets of EPM Projects Part 2

Posted by David Den Boer on Wed, Apr 06, 2016 @ 10:04 AM

 

This is the second part of the original post of 11 Dirty Secrets of EPM Projects.

"I thought for Column5's 11th birthday, I'd give our more than 1000 blog readers a gift! I’ve wrapped it up and called in the 11 'dirty secrets' of EPM projects. I know this is heresy to disclose some of these EPM professional services insider secrets, but I care more about you being successful than I worry about the flak I will inevitably get by letting you in on these secrets."

Let’s continue:

Dirty Secret #6: Systems inadvertently create dependency on 3rd party 

Topics: Enterprise Performance Management (EPM), Implementation, best practices for epm

11 Dirty Secrets of EPM Projects

Posted by David Den Boer on Tue, Apr 05, 2016 @ 09:04 AM

Though the actual market size may vary, a reasonable estimation states that throughout the world more than $4 billion is spent annually on EPM consulting alone. Yet, EPM projects often fail to return positive value to those investing in them. Why is this outcome so prevalent with this technology solution in particular? I thought for Column5's 11th birthday, I'd give our more than 1000 blog readers a gift! I’ve wrapped it up and called in the 11 'dirty secrets' of EPM projects.

I know this is heresy to disclose some of these EPM professional services insider secrets, but I care more about you being successful than I worry about the flak I will inevitably get by letting you in on these secrets. Let’s begin:

Topics: Enterprise Performance Management (EPM), Implementation, best practices for epm

Top 3 Reasons to Join Us at the EPM Leadership Summit

Posted by David Den Boer on Mon, Feb 08, 2016 @ 11:02 AM


On Wednesday, February 22 I will be giving the keynote formally launching the 2017 EPM Leadership Summit focusing on SAP’s EPM portfolio – with a special emphasis on BPC. To keep the focus on what it will take to make the event highly valuable for all attendees, I will be summarizing the desired conference outcomes in three simple points.

Reason #1: Stabilize - First, many EPM customers struggle with stabilizing their system. We hear this far too often. We know intimately that the solution can absolutely be configured in a successful way, however, for a variety of reasons, usability is not where it needs to be to give users a positive experience. Maybe performance isn’t quite up to par, maybe stability is erratic, perhaps data quality is not reliable enough that users are reluctant to rely on the output of the system. This is understandable, and has to be the first order of business to address. Clearly, no value can be achieved from investments in SAP BPC and other EPM technologies if these complaints aren’t resolved.

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

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