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SAP EPM
Thought Leadership

S/4HANA Group Reporting – Bringing Transaction Processing and Group Reporting together to “bridge the gap”

Posted by David Jones on Thu, Sep 10, 2020 @ 03:09 AM

For 30 years there has been a divergent view as to the best approach to using technology to support the key finance process of consolidation and reporting, generally known today as the “record to report process”.

To deliver excellence in the record to report process SAP now offers S/4HANA Group Reporting.  Read on to see if it's the best technology for you:

Topics: sap bpc, User Experience, group reporting

SAP BPC Training - 5 Reasons Your Skills Might Be Lacking

Posted by Andrew Ford on Fri, Aug 14, 2020 @ 10:08 AM

Should you and/or your BPC power users and support staff use traditional classroom training or online learning for your SAP BPC training? The divide exists between the single fundamental belief that online learning lacks the “humanistic” aspect of training. While many could go back and forth about the pros and cons of each side, both share a commonality: the idea of competency-based training (CBT). CBT is a methodology that believes in focusing training on single units or competencies for the learner to be able to fully consume. This methodology breaks down into the 3 components below related to improving your BPC software implementation:

  • Functional: Technical Skills for a position (Accountant vs. Consultant)
  • Personal: Individual Attributes and Personality (Ability to communicate, collaborate, etc.)
  • Business: Problem Solving in the Workplace (Critical Thinking)

The basic reason why a lot of companies are making the shift toward CBT is to have the ability to run data analysis on each learner. Due to the nature of this training, learners are challenged to complete tasks within a target goal and must retry the skill in order to continue.  If you're not using this style of training for you, your BPC power users and support staff, keep reading to learn why Competency-Based Training is the way to go!

Since the beginning of 2020, Column5 Academy has implemented this methodology to have better insight to our learners, course content, and overall effectiveness of our training. With your EPM software features, users, and support needs changing constantly, it is important to know what content needs to be developed, reorganized, and possibly retired.

Topics: Training, sap bpc, User Experience, Epm Academy

6 Housekeeping Hacks To Enhance Your SAP BPC Performance for NetWeaver

Posted by Vishal Goradia on Wed, Aug 05, 2020 @ 07:08 AM

If you're a support team member or power user of SAP BPC for NetWeaver, you probably know there are many standard SAP BW layer housekeeping jobs that are provided by SAP.  Most of these generate system information required for analyzing SAP BPC performance, system/error logs retention, completed job logs, etc. and are run at their default frequency. These can be scheduled in SM36, though you can't stop here.  Keep reading to find out how to avoid poor performance in as little as the 6 steps below.

Topics: NetWeaver, Performance, sap bpc, Performance Tuning

David Den Boer gets inspired on the EPM Summit Network and wants all EPM customers to embrace his vision

Posted by David Den Boer on Thu, Dec 12, 2019 @ 08:12 AM

Is there an EPM Summit this year? What is this Network?!

If you’ve ever been to the legendary Column5 EPM Summit event, I know what you’re probably thinking. The event was so awesome, networked with great people, took in great content, engaged in deep discussions, found solutions to our problems, learned so much with hands on practice…it was even fun.  

Why would you ever change the EPM Summit Leadership Event to the EPM Summit Network? As the kids would text: IKR? (If you’re like me and recently find yourself in the 50+ demographic, that means: I know, right?) 

Topics: EPM, sap bpc, User Experience, EPM Roadmap, epm summit, technology

What do Rock, Paper, Scissors have to do with a successful technology solution? It shouldn’t be a secret…

Posted by David Den Boer on Wed, Nov 13, 2019 @ 08:11 AM

We all played the old game “rock, paper, scissors” (aka Rochambeau) to settle a dispute or just for fun. Everyone knows the simple hierarchy that forms a path to victory - rocks crush scissors, paper covers a rock, but scissors cut paper. This is a lesson we learn as children, but such simple hierarchies of superiority can govern outcomes in professional life too.  

Topics: Analytics, EPM, sap bpc, technology

Annual Planning Season: Horror Movie or Walk in the Park?  Let’s Discuss!

Posted by David Den Boer on Mon, Oct 14, 2019 @ 00:10 AM

It’s that time again…no I’m not talking about Halloween; I mean something that can be even scarier – the dreaded Planning process! Ever feel like there’s a “Ghost in the Machine” haunting your users with poor performance and system instability?

Many organizations have a rough experience simply getting their planning solution deployed and operational the first time they go live. They adopt a belief that the system is so fragile that any adjustments like patching software components, risk causing the solution to crumble.

Topics: sap bpc, BPC11, BPC planning Master Data and Data Structure

Time to Innovate Transfer Pricing with SAP BPC and Darwin EPM

Posted by Iker Gonzalez on Tue, Jun 25, 2019 @ 10:06 AM

Intro

Transfer pricing is one of the largest drivers of a company’s effective tax rate and is a hot topic due to the significant increase in transfer pricing reporting requirements – especially as BEPS and OECD measures are enacted across the globe. These extensive changes in international cooperation, as well as shorter deadlines, greater frequency, and closer scrutiny of transfer pricing in tax audits, have made transfer pricing the most significant tax issue for multi-national corporations.

Topics: sap bpc, Darwin EPM, BPCv10 embedded, BPC11, BPC planning Master Data and Data Structure

How to find excellence in your BPC planning Master Data and Data Structure

Posted by Richard Hynes on Fri, Nov 30, 2018 @ 23:11 PM

This blog continues our series on how to find excellence in your BPC planning processes by looking at the area of Master Data and Data structure. This might seem like a dry subject, but getting it right is an essential part of an EPM system that delivers on your investment. Excellence in this area can make the difference.

Topics: sap bpc, BPCv10 embedded, BPC11, BPC planning Master Data and Data Structure

5 EPM System prep steps to take before budget season

Posted by David Den Boer on Fri, Jul 27, 2018 @ 13:07 PM

Summer brings days at the beach and the inevitable sunburn, while winter delivers snow and shoveling. Budget season? Well, that can mean a scramble to make sure your EPM software is 100% ready when entering a planning cycle. If your organization is like most, updating your EPM system is a priority during the off-season—especially if major improvements are on the punch list. The following five steps can ensure the smoothest possible experience—and keep the drama to a minimum:  

Topics: Roadmap, BPC v10 upgrade, BPC, Product Focused, reporting, sap bpc, SO - BPC v7.x, SO - BPC v10.x, SO - BPC v11.x, SAP Analytics Cloud, User Experience, tuneup, analytics tune up

Commonly Asked Questions from New SAP BPC Customers

Posted by Scott Kolka on Fri, Mar 16, 2018 @ 11:03 AM

New SAP BPC customers often have a plethora of questions – and that’s what we’re here for! Consultants at Column5 answer a variety of questions every day, constantly taking note of which ones come up repeatedly over time.

Whether you’re considering a BPC implementation or are already using BPC, we’ve compiled a list of the most frequent questions asked by inexperienced users to help you better understand the software and its available benefits.

1.  “How long will my project take?”

Project timing is dependent on many factors, including the project’s functionality scope, its impact on change management and the organization’s size. A correlation also seems to exist between organizational size, complexity and project duration. That said, here are some general rules of thumb when it comes to timing:

Topics: best practices for epm, Functional, sap bpc

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