You can lose count of those senior executives who are under the heat to achieve the needed targets in cost control and income generation. They are in need of timely management reports, get proper analysis on key performing data in finance. All these documents can handle a cash flow, balance sheet and profit or loss account figures. You also need quite a lot of details on investment or equity.
We live in an extremely complicated business world. Many executives are dependent upon their operational staff to receive additional reports and details in the documents. All these employees are having a hard time tackling the ground-level issues.
Many organisations are still betting on spreadsheets to achieve their targets. When you complete this process, you can understand that the projected budget of a company is extremely high or the income is too low. Hence you need to revisit the procedure partially or completely.
Operational planning can also possess cross-functional implications such as a marketing team coming up with an appropriate plan to produce a number of leads for sales specialists. Operational planning wouldn’t be an alternative plan to strategic planning. Businesses balancing both these zones tend to outperform their competitors.
The all-in-one solution to handle all these challenges would be to implement SAP’s Business Planning and Consolidation (BPC). This software capabilities can create, administer and deliver all the needed management reports when you collect, transform, report and analyse your data. You don’t have to maintain outdated and time-consuming data anymore with Excel spreadsheets.
SAP BPC is an apt name. The reason is that today, world’s topmost enterprise performance management software consists of the most sought-after capabilities to run tasks like operational business planning.
Operational plans aren’t the same as the strategic plans. Strategic plans bring in the whole organisation into picture. They have to plan for three-to-five years in advance. When you involve operational plans, they are all about defining actions and targets to help individual teams and departments.
It helps you stay in tune for the next 12 months with 100+ projects on the row.
Apart from measurable and clear goals, the best operational plans take into account many factors such as resourcing, accountable and timeframes. All these plans would reflect the current demands such as reducing spending and reaching the required service levels.
Bring in the current requirements such as supply availability, production capacity and transport options.
• Get access to fast-to-deploy and customisable templates.
• Automate the entire operational planning process.
• Handle large volumes of data that includes multinational networks
• Integrate it with both SAP and non-SAP data
• Get access to multiple support platforms such as SAP BW/4HANA, SAP HANA, Microsoft and SAP NetWeaver
• Handle hybrid deployment with SAP Analytics Cloud and SAP S/4HANA
• Get more business functionalities
Collaborate with your team: Work with cross-functional teams and integrate with a number of source systems.
Consolidate the processes: SAP BPC can consolidate data in a more controllable way. Handle anything and everything from currency conversions. Promote single version of truth across your business. Ensure process accuracy and completeness by performing reconciliations and checks.
Reliable processes: Ensure robust and reliable processes while allowing business users to allow reporting processes without any IT specialist intervention.
UX: Get reports in different formats with high-quality standardisation for your documents.
Analysis: Analyse data with common report interfaces such as Excel, Word, web, PowerPoint and other business intelligence tools. This way, every organisation can evaluate a number of scenarios in a few minutes by involving various accounting principles.
Auditing done right: Get a clear audit trail while you allow organisations to trace report data back to their source systems.
Speed up: Reduce forecasting and reporting cycles as well as book closure times. Let businesses react quite fast as per the changing business circumstances.
Compliance and regulations: SAP BCP can produce better reports to manage external reporting while you meet regulatory and legal compliance demands.
Confidential processes: Save your reports offline and disconnect it from the database. Provide individual rights access to the users.
Adaptability: Adapt to changing demands of your customers and accept data from different source systems. No more issues with data aggregation or system differentiation.
Are you in need of SAP BPC solution for your business? Contact our team.
It is an all-in-one solution that allows you to handle every challenge related to Business Planning and Consolidation (BPC).
With SAP BPC, your organisation can trace report data back to their original source systems. This will help you manage it better.
With SAP BPC, you can easily adapt to changes in your customer demands by accepting data from various source systems. You wouldn’t face any issues in regard to system differentiation or data aggregation.
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