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SAP Analytics
Thought Leadership

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

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

SAP BPC Reporting Tips & Tricks

Posted by Deb Silverman on Tue, Jan 12, 2016 @ 08:01 AM

This blog is part of a series on reporting techniques to help you get more value from SAP BPC.

DROP-DOWN LISTS help make a worksheet more efficient by provided a controlled list of options that make the report or input template respond to preconfigured options.

To create the list use Excel’s Data Validation tool. We are going to take this a step further by populating the list with EPM reports on a ‘List’ tab within the workbook.  In the snapshot below we are using drop-down list for Company, Cost Centre, Program, and Account. Each drop-down list will have its own report to populate the list.

COST CENTER LIST: A list of cost centers is created using fixed members that had been input. In this example, the dropdown has a friendly label that is the result of concatenating ID & Description, but the report will only use the dimension ID’s referenced on the list tab by using Excel’s VLOOKUP function to match the concatenated friendly label to the ID from the right row.

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

How to Calculate Return on Investment for SAP BPC Projects

Posted by Richard Hynes on Wed, Nov 25, 2015 @ 10:11 AM

We know that EPM (and specifically SAP BPC) implementations have the potential to be very profitable, more so than other IT projects like ERP implementations. But how do you prove that?

This blog takes a step by step approach to building a solid business case for a SAP BPC implementation. There are many intangible benefits to an EPM project which are difficult to put a value to, but we can set out all the costs and calculate a large part of the benefits. Even without adding in the intangible benefits, such as improved data quality, higher management efficiency and faster decision making, BPC projects can still be very profitable projects, so let’s go through the business case elements step by step.

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

SAP BPC Staffing and Support Models

Posted by Jonathon Pause on Wed, Nov 18, 2015 @ 09:11 AM

Whether you already have an existing BPC environment or are planning a new one, how to appropriately staff and support your EPM environment is a big question to tackle early on. While the number of FTEs will greatly differ based on the size or your organization, the complexities of your planning process, and the level of automation you invest in upfront, there are some basic skillsets you should address.

Topics: Process Improvement, Thought Leadership, Enterprise Performance Management (EPM), BPC (Business Planning & Consolidation)

EPM Project Management Success: The 3 Lines of Defense to Reducing Risk on an SAP BPC EPM Project

Posted by Sebastien Verstraet on Tue, Nov 10, 2015 @ 09:11 AM

A risk is the possibility of an event or a condition that could negatively impact a project. There are many events or conditions in any EPM BPC implementation that can derail the project, because BPC is a complex tool that touches many areas of your organization. This article is intended to help mitigate risk.

Topics: Process Improvement, Thought Leadership, Enterprise Performance Management (EPM), Project Management, BPC (Business Planning & Consolidation)

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