The ultimate goal in any competitive pursuit is to achieve peak performance—and in the enterprise performance management world, that means reaching "column five" in the EPM Maturity Model.
The ultimate goal in any competitive pursuit is to achieve peak performance—and in the enterprise performance management world, that means reaching "column five" in the EPM Maturity Model.
Topics: Enterprise Performance Management (EPM), Training, EPM ROI, Value
Previously I discussed the top five critical success factors for a project. Remember the word of caution mentioned in that blog – “slick, leading-edge technology alone will not guarantee project success.” So what factor from that list must be coupled with the technology to ensure a successful adoption of your EPM or SAP BPC solution? The Human Factor, or quite simply, the people that will be involved in using the system once deployed can make or break your project. I’ll discuss in this blog why Organizational Change Management (OCM) should be one of your Top 5 Critical Success Factors for your EPM or SAP implementation.
Topics: Enterprise Performance Management (EPM), Project Management, Value, Implementation, BPC (Business Planning & Consolidation)
It’s natural to assume that your large customers, who unquestionably are the source of most of your revenue, also deliver the major part of your profit. The Pareto Principle suggests that 80% of your profits come from 20% of your customers and assumes that the 20% are represented by the largest customers.
Topics: Process Improvement, Enterprise Performance Management (EPM), Financial Information Management, Performance, Value
The SAP EPM Mobility suite continues to gain momentum, most recently with the addition of Planning and Consolidation (BPC) to the SAP EPM Unwired app. SAP announced a mobile version of BPC in October 2012, and demonstrated the mobile app at SAP Financials 2013 in Las Vegas.
Topics: HANA, Enterprise Performance Management (EPM), Cloud, Value, BPC (Business Planning & Consolidation)
"They spill more beer than we make in a year!" That line was from a great beer commercial for a small brewery that claimed small, handmade batches (or microbrews) were superior to the huge commercial operations of the beer manufacturing kings. Consequently, sales of "microbrews" took off, with consumers deciding that selecting a personal favorite from a market rich with a variety of choices was superior to buying beer from the monolith that had "regular" and "light" to choose from.
Topics: Thought Leadership, Enterprise Performance Management (EPM), Roadmap, Value, Data, BPC (Business Planning & Consolidation)
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)
Do you ever wonder if you are keeping up with the plethora of project management methodologies? Waterfall, Scrum, Agile, Lean, ASAP, Agile Waterfall and Sprints form just a handful of concepts. What is a project management methodology anyway and how do you choose the most appropriate one for your Enterprise Performance Management (EPM), Business Planning & Consolidation (BPC) or Business Intelligence (BI) SAP project?
Topics: Enterprise Performance Management (EPM), Business Intelligence (BI), Project Management, Value, Implementation, BPC (Business Planning & Consolidation)
SAP released the latest update to the Enterprise Performance Management (EPM) roadmap on March 19th. Although I won’t go into great detail on the roadmap or discuss every new feature, I will provide high level overview of the highlights as I see them.
Topics: HANA, Enterprise Performance Management (EPM), Innovation, Roadmap, Value, Data, BPC (Business Planning & Consolidation)
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)
What's in a name? – A history lesson on the many name changes of what is now known as BPC.
Topics: Enterprise Performance Management (EPM), Value, BPC (Business Planning & Consolidation)
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