Business Planning and Consolidation - SAP
The SAP Business Planning and Consolidation (SAP BPC) application delivers planning, budgeting, forecasting, and financial consolidation capabilities, so you can easily adjust plans and forecasts, speed up budget and closing cycles, and ensure compliance with financial reporting standards.
SAP Financial Consolidation provides enterprise-class consolidation features for statutory and management reporting to meet complex consolidation requirements, close your books quickly and accelerate the financial close process.
SAP BPC supports two types of migration – SAP NetWeaver and Microsoft Excel. BPC with Microsoft version enables you to perform modelling, application maintenance, importing data and applying transformations, creating scripts, etc. It leverages the power of MS Excel and provides the user with an Enterprise Power Management (EPM) solution, a collaborative tool with robust, readily accepted environment.
SAP BPC provides support for existing Microsoft functionality and various enhancement features like drag and drop report builder, etc.
SAP BPC benefits
- It allows the user to make better business decisions by supporting What-If analysis and allows you to perform scenario-based planning.
- It allows you to collaborate data and thus increase accuracy in business planning and accountability.
- It helps in aligning your plans with strategic goals and hence decrease the cycle time.
- You have an option to choose the version of SAP NetWeaver or Microsoft Platform.
Key benefits that can be achieved by using BPC
- Business Forecasting
- Analytical Reporting and Analysis
- Budget Planning
- Predictive Analysis and Recommendations
- Improve Compliance
- Consolidation
- Business Process Flows and Smooth Collaboration