Chris Montoya on Tue, Dec 12, 2017 @ 10:12 AM
Consolidations in SAP BPC are all the same out of the box, right? That may be a customer’s initial perspective when considering a BPC solution for consolidations, however, this is far from the case. Consolidation approaches are customizable to meet needs ranging from simple to very complex. The consolidation approach is a crucial decision in the BPC solution design that can be either beneficial or detrimental to your project.
Topics: Consolidation
Paul Coleman on Tue, Feb 16, 2016 @ 09:02 AM
SAP has a portfolio of Consolidation solutions with their own unique positioning and the SAP Financial Consolidation (FC) software is an enterprise solution offered to companies looking to improve and speed up their financial close – without sacrificing quality control and compliance.
FC became part of the SAP EPM portfolio through the acquisition of BusinessObjects in 2007. BusinessObjects itself acquired the French software vendor Cartesis who originally marketed Financial Consolidation as Cartesis Magnitude. With a large and loyal customer base throughout Europe and Japan, FC has a particularly strong focus on statutory consolidation requirements within large multinational organisations that have complex and evolving corporate structures across multiple reporting standards (e.g. IFRS and local GAAP).
Topics: Best Practices, Analytics, Consolidation, Financial Close, Value
Martin Lloyd on Mon, May 13, 2013 @ 12:05 PM
If you’ve read anything which has come from SAP in the last few months you will have heard of HANA. I understood that SAP thought it was very important but didn’t really understand what it was and how it was going to affect me. After some reading, attending a couple of courses and being involved in some discussions with SAP I know a little more and would like to share it with you.
Topics: HANA, Enterprise Performance Management (EPM), Consolidation, Cloud, Roadmap, Value, Data, BPC (Business Planning & Consolidation)
Mike Sullivan on Wed, Feb 06, 2013 @ 09:02 AM
If you have recently evaluated replacing your consolidation system, you were undoubtedly faced with justifying the value of the solution. While a new solution will have a plenty of new features and performance benefits, at the end of the day, the accounting rules that need to be followed and the results being generated are the same. Today, we are seeing more consolidation system evaluations based not only on adding value, but more importantly their ability to integrate with and add value to the overall enterprise performance management (EPM) processes. Implementing SAP Business Planning and Consolidation (BPC) is one way of accomplishing that, particularly through the use of business process flows (BPFs).
Topics: Process Improvement, Enterprise Performance Management (EPM), Consolidation, Value, Data, BPC (Business Planning & Consolidation)
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