Know more about SAP EPPM

2 Minute Read

SAP EPPM

SAP EPPM, or Enterprise Project and Portfolio Management is a comprehensive project management tool that enables organizations to plan, manage, and control all aspects of their projects. It provides a centralized system for managing resources, task schedules, and budgeting, as well as tracking project progress and reporting on project outcomes. 

In this introduction to SAP EPPM, we’ll overview the software’s features and capabilities and discuss how it can help organizations manage their projects more effectively using  SAP EPPM Integration. 

SAP EPPM has emerged as a business buzzword for Project management and Program management. Many customers are wondering, “What is EPPM?”. A few wonder if it is the “Next Generation PPM.” With the confusion surrounding everyone, let’s get deeper into iQuantM SAP EPPM Implementation. 

Components of SAP EPPM 

These are the major SAP EPPM components: 

  • SAP Innovation Management 
  • SAP Project System 
  • SAP Commercial Project Management 
  • SAP Portfolio & Project Management 
  • Enterprise Project Connection 

 

Even though you group the solutions under EPPM, the product documentation and hierarchy would appear slightly differently in SAP Help using  SAP Implementation partner in UK. 

As of now, the Enterprise Project connection would come under the EPPM License, and iQuantM technologies is a greatSAP EPPM integration Partner. 

Top SAP EPPM components

SAP ERP Project System: SAP has formed a core solution that wouldn’t need any intro. It is extremely sturdy and robust and comprises an impeccable module that can integrate with several S/4HANA Core modules. It would also serve Accounting, Financial and Logistic requirements of Project-related processes in OPEX, CAPEX, and Revenue Project Scenarios. You can utilize features such as Project stock, Budget Control, Settlements, Inter-company processes, and Results Analysis. 

SAP Project & Portfolio Management: Plenty of consultants worked tediously on this for a while. It came under the category of ‘Development Projects’ and ‘Resource & Portfolio Management.’ It is the reason why important database tables always start with “DPR.” SAP PPM comprises these top features: 

  • Decision-oriented capabilities using Portfolio Management when you quantify the information 
  • Simpler Project management with a capacity to run projects with professional resources 
  • Leverage Professional resource management 

There are plenty of organizational elements, such as Controlling areas and company code. We also need account assignment objects over here. You wouldn’t be able to account a Purchase order to a PPM Phase or any task.  

It would be best if you routed it through SAP PS. Account integration is the process of how you link. It is one of the most needed processes for ERP Successful Integration with PPM through SAP Consultant UK. 

SAP Commercial Project Management: CPM consists of Master Projects that you can link with more than one SAP PS Project with accounting objects such as Sales Orders and non-objecting objects such as SAP PPM Projects. CPM consists of 3 major components 

  • Change Management 
  • Financial Planning 
  • Project Issue 

SAP Enterprise Project Connection: Enterprise Project Connection would facilitate data transfer between the SAP On-premise ERP system and other project management tools such as Microsoft Project Server and Oracle Primavera P6. EPC would demand more technical effort compared to the functional effort.  

SAP Innovation Management: SAP PPM can fill the void before setting up the project. It is known as the “Proposal” phase. You can run campaigns to ideate and evaluate different ideas from all the others.  

Another key benefit of SAP Innovation Management is that it can help companies to manage their resources better. With better visibility into how resources are used, companies can make more informed decisions about where to allocate their resources and SAP EPPM Services to achieve the greatest impact. 

Finally, SAP Innovation Management can help companies better understand their customers and needs. By understanding the needs of their customers, companies can create products and services that are more in line with what customers are looking for. 

So, these are the source components of EPPM. Do you need more info? iQuantM, an SAP EPPM Consultancy, is here to offer the best services.  

Contact us regarding  SAP EPPM Implementation in UK, LEEDS. 

Get The Latest Updates

Notifications only about new new blog post updates.

Subscribe to our Blog posts

Share news:

Similar Topics

More Blogs