SAP Analytics
Thought Leadership

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

SAP BPC: What is the Right Amount of Time for a Design?

Posted by Will Leonard on Tue, Jun 17, 2014 @ 10:06 AM

The business blueprint is arguably the most important – and most complex – document that is delivered during an implementation.  But how much time should be allotted to this phase?

Topics: Center of Excellence, Best Practices, Thought Leadership, Value, Implementation, BPC (Business Planning & Consolidation)

I was on a sales call recently with a current BPC customer who is about to embark on an upgrade to BPC 10.0 for the NetWeaver platform. The customer had recently implemented BPC v7.5 and was expressing their frustration with having to move to v10.0 and learn the new way to write reports after just spending a lot of time and money on implementing v7.5. Had they known that v10.0 was coming so soon they might have done things differently. This got me thinking about how many times I’ve encountered customers in similar situations. The situation being that you don’t know what you don’t know. Whether it is not knowing about the BPC roadmap or the vast community of BPC users exchanging ideas and supporting each other on the SAP forums, there is ton of information and resources available to a BPC customer.  A great starting point is Column5’s own website (I have to plug my own company) where you can find info on BPC via our blogs, demos, webcasts, case studies and more at www.Column5.com. In addition to Column5’s website, BPC information is available from SAP. The challenge is finding it as it as the information is spread across several different sites and portals. A friend and former colleague of mine at SAP, Jens Koerner, wrote a very useful blog that outlines all of the information available from SAP with links directly to the content so rather than recreate what he’s already done I will simply share a link to his original blog here. 

Topics: Center of Excellence, Best Practices, Enterprise Performance Management (EPM), Roadmap, Implementation

EPM Value Is Exclusively The Client's Definition

Posted by David Den Boer on Mon, Jan 13, 2014 @ 10:01 AM

This is an old story we see all the time. A policeman happens upon a drunk frantically searching for something at the base of a streetlight. “Hello there, looking for something?” The drunk looks up, “Yesh Offisher, I lost my keysh in the park.” “In the park? Then why are you looking on this street corner?” says the confused cop. “The light is better here!” says the drunk.

This is the problem with how EPM projects are governed today, and no, I am not implying drunks are prevalent in EPM! Too often prospects make decisions based solely on price, thinking that value is equivalent across service providers, and net ROI is maximized by selecting the lowest cost implementation proposal. I encourage customers to stop and think about what they get with the low cost provider. A team that doesn’t have the ability to offer the appropriate breadth services that are specifically designed to add value while reducing risk, leave only the lowest common denominator of value in their wake.

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

I was reading the newspaper recently and came across a story about a Spanish submarine that was constructed 70 tons too heavy. Officials didn't discover the problem until the submarine was nearly complete. Now they fear if they launch the sub it would be too heavy to resurface! How did this happen? The problem can be traced to a miscalculation — someone apparently put a decimal point in the wrong place. Ouch! Something as simple as a keying error resulted in a $2.7 billion dollar paper weight. Fortunately, engineers think they can enhance the sub to make it seaworthy but this story illustrates how costly user errors can be. Segue to the world of finance where roughly 70% of companies rely solely on Excel for planning, budgeting and forecasting and the stories of user error and resulting time loss may not be as astounding as an overweight submarine but are just as prevalent.

Topics: Best Practices, Process Improvement, Roadmap

3 Reasons You Will Be Happy With BPC

Posted by David Den Boer on Tue, Sep 10, 2013 @ 09:09 AM

At the Apollo temple in Delphi (Greece), an ancient quote is carved in stone, alternately translated as "Nothing in excess" or "All things in moderation". This is a great credo to live by as we all know what excess can bring, especially if we think about things that may seem to be good at the outset. In life, we can think of things like food, wine, and even work that - when managed in small quantities are indeed good things, but when taken to excess, they can become destructive.

Topics: Best Practices, Performance, Implementation

Searching the Web for SAP EPM & BPC Answers - Part I

Posted by Charles Dagaev on Wed, Jul 31, 2013 @ 12:07 PM

It seems every day we are always searching for something on the Internet. A good recipe for pea soup, the cheapest hotel in Oakland, California or the difference between an Aardvark and an Armadillo. We are creatures of habit.  You most likely get your news or local forecast from the same source on line each morning, the same way you probably go to the same coffee house.  Although there are thousands of similar sites, we find a website that provides us with the information we are looking for and we stick with it. I have found over the years that these habits cover not only one’s personal searches but their professional as well.

Topics: Best Practices, Performance, Implementation, BPC (Business Planning & Consolidation)

Using a Technical Expert When Implementing BPC

Posted by Charles Dagaev on Tue, Jul 23, 2013 @ 12:07 PM

Many clients want to implement BPC v10 themselves with no input from technical services which affects development time, project time line and overall project success.There is a right and wrong way to implement BPC and ensure overall project success. We want every client to achieve the highest quality installation.

Topics: Best Practices, Enterprise Performance Management (EPM), Performance, Implementation

Rolling Forecasts – Effecting EPM Techniques

Posted by Martin Lloyd on Wed, Jul 17, 2013 @ 11:07 AM

In a previous blog I examined the trend away from the traditional annual budget and periodic reforecasting regime and towards the rolling forecast. I’d now like to examine the particular factors which are driving companies towards rolling forecasts and the implications that this has on the required tools and methodologies.

Topics: Best Practices, Process Improvement, Excel, Thought Leadership, Enterprise Performance Management (EPM), Financial Information Management, BPC (Business Planning & Consolidation), Forecasting

What is a Center or Excellence?

That is a very good question and one that we get a lot from our customers. The generally accepted definition of a Center of Excellence (CoE from here on out) is a team, a shared facility or an entity that provides leadership, evangelization, best practices, research, support and/or training for a focus area. In the case of Column5 that focus area is the successful implementation of Enterprise Performance Management (EPM) solutions.So how does this team help our customers?

Topics: Center of Excellence, Best Practices, Thought Leadership, EPM Maturity, Enterprise Performance Management (EPM)