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SAP BPC & EPM
Thought Leadership

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

IT Best Practices for EPM Implementation Success

Posted by Tony DeStefanis on Mon, Mar 28, 2016 @ 14:03 PM

If you follow best practices for SAP implementation and use, whether it be BPC, Disclosure Management, ECC,
HANA, ABAP, or many others, you will be successful in quantifying the benefits from the suite of products you choose.  Our perspective is that there are no inherently “bad” SAP products, just poor implementation that can make your product use more stressful than it needs to be.

Topics: Excel, EPM Maturity, Performance, Implementation, best practices for epm

The Top 5 Things to Consider When Selecting a Consulting Partner

Posted by Staci Matt on Tue, Oct 27, 2015 @ 08:10 AM

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. 

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

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

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

What Should an SAP BPC Team Look Like? Update!

Posted by Mike Sullivan on Tue, Sep 23, 2014 @ 11:09 AM

The landscape of an EPM project is literally changing right before our eyes. In fact, we posted a blog on this topic not long ago and realized that there were several updates that needed to be made. Not because the post was incorrect but because the practice in the field had changed in a few short years.

Topics: Thought Leadership, Project Management, Implementation

Organizational Change Management for SAP EPM and BPC Implementations

Posted by Connie Folk on Tue, Sep 16, 2014 @ 12:09 PM

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Successful delivery and adoption of any project requires a partnership between the business, IT, value chain partners and end-users to ensure the solution delivered meets business objectives and return on investment.  Collaboration is required to make certain:

Topics: Best Practices, Project Management, Implementation

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

How EPM Is Like Golf

Posted by David Den Boer on Tue, Jul 22, 2014 @ 10:07 AM

Recently I received a detailed critique of the underlying technology components of BPC in the form of a comment to one of my blog posts. At first, I chuckled at the response, and wanted to respond with a blog post entitled, “Things No CFO Said…Ever”, but then I thought just how sadly prevalent some of the beliefs are in the EPM ecosystem.

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

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