SAP BPC BusinessObjects Planning and Consolidation

The SAP solution BusinessObjects Planning and Consolidation includes all necessary for distribution planning of finance and working tasks in both directions on hierarchy of the enterprise and also for ensuring absolute consolidation and access to the system of reports from one application and the single interface.

Opportunities for adoption of the correct solutions: drawing up plans taking into account possible risks requires deep understanding of further options of succession of events and actions which can be undertaken in this or that situation.

Reduction of time of cycles: heads of finance and production departments will have a joint work opportunity in a unified environment thanks to what you will accelerate development processes and the approvals of plans and the budget. Maximum reduction of commercial risks and risks of mismatch to precepts of law: transparent financial performance, reliability and the uniform version of data guarantee speed and control accuracy and reporting preparations according to the existing requirements.

The improved joint work conditions: effectively applying previously created technology schemes and the sequences of transactions of self-service, it is possible to reduce the spent time by improvement of standard business processes.

Performance improvement of users: the intuitive interface and familiar office applications promote more rational use of working time.

SAP Business Planning and Consolidation developers aimed at simplification of work with the solution for what in it a number of innovations is used:

• "seamless" integration into usual applications, for example, Microsoft Office and software packages from Adobe. With SAP Business Planning and Consolidation your employees can work with data, using a packet of Microsoft Office and other familiar office applications which are interfaces of this SAP solution. The familiar interface simplifies system learning, minimizes training requirements of personnel and increases confidence that employees will effectively work from the first day;
• the uniform data warehouse of the SAP solution Business Planning and Consolidation allows you to work with data from a uniform repository which can be integrated both with the transaction systems of SAP, and with the systems of other suppliers. It means that everyone in the company can work with the same set of exact and up-to-date data. The storage also allows to use data in real time, providing access to them via Microsoft Excel and Web. If data change, reports and plans are also updated in real time. And as only the changed data remain again and consolidated, data-refresh takes place quickly, in real time. It can be very demanded if you model and analyze many versions of scenarios "that-if";
• the context-dependent task bars allowing to direct activity of users. Use of such panels gives the chance to develop a uniform algorithm of behavior of users as they are built in each interface and offer users that set of actions which is necessary at each stage of work with the application. For example, during the work with the report you can want to update data, to add comments, to unroll the report on some analytics or to publish data – these functions always at your disposal thanks to an interactive panel. If you work with a planning form, the interactive panel gives you opportunities of preserving of data, carrying out calculations, adding of comments, etc. Interactive panels increase the involvement of employees into process and their efficiency, reduce training costs and do unnecessary for users studying of numerous interfaces of different programs.
• Web 2.0 the interface allowing employees to exchange the ideas, to comment and add unstructured data. SAP Business Planning and Consolidation uses possibilities of Web 2.0 technologies that simplifies interaction and cooperation within all organization. Employees of all levels of business can exchange the ideas, comment on reports, add to them other unstructured data, for example, images or the documents Microsoft Word. It helps them to understand the real course of events often hidden behind a routine of numerous budgets, reports and other documentation;
• the reports configured by users – each user can get an information access and almost instantly create reports, using Web 2.0 the interface or Microsoft Office applications, not resorting to the help of specialists of IT department. Simple "drag-and-drop" - the interface allows your employees to create reports with ease. You can create own report template or use the preset templates which are created to simplify report settings according to your corporate standards.

• Orientation to business processes
• The developed possibilities of forecasting

A system is founded on the centralized data warehouse which contains up-to-date information from the transaction systems therefore the enterprise locates continuous access to the relevant chart of accounts that allows to provide compliance of activity of the company to legislative arrangements, for example, to the Sarbanes-Oxley law. The automated functions of creation of the reporting put in the software support creation of reports, including on the commonly accepted GAAP, Financial Accounting Standards Board (FASB), International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) standards. Besides, in a system completely documentary auditor trace is conducted that reduces costs for holding a procedure of external audit.

Open and flexible solution SAP Business Planning and Consolidation – a part of a line of SAP solutions for management of financial processes of the enterprise – the full-function complex set of applications. These solutions can be integrated with other business applications of SAP Business Suite and SAP solutions for risk management and compliance to legislative arrangements. The SAP solution Business Planning and Consolidation can work at the Microsoft platform or can be based on a technology platform of SAP NetWeaver. As a result you can manage most effectively activity of your organization, risks and compliance to external standards, optimizing a landscape of corporate information systems, activity of personnel and business processes.

Building of planning processes and budgeting on the scale of all company SAP Business Planning and Consolidation will help to optimize financial planning and to coordinate it to planning of operational activity of the enterprise. The main objectives solved by the SAP product Business Planning and Consolidation, in particular, include:

• planning and budgeting;
• forecasting and predictive analytics;
• reporting and analysis.

Functionality in the field of consolidation of the reporting

• analysis "plan fact" (assets, liabilities, income and expenses);
• automation of process of reconciliation of intra group turnovers;
• increase in transparency of corporate data at all levels of holding;
• management of any quantity of currencies, using possibilities of recalculation of currencies, distributions, exceptions.

Summary of a product

SAP Business Planning and Consolidation, automates planning processes, budgetings, forecasting, consolidation and formation of the external and internal management reporting of the company. Results reduction of duration of a cycle of budgeting, planning and forecasting, increase in efficiency of personnel;

• increase in accuracy and reliability of external and internal managerial reports;
• simplification and acceleration of process of financial consolidation;
• reducing costs for support of compliance of the reporting to regulatory requirements and carrying out external audit.

Functionality of a system business planning and budgeting

• automation of strategic planning process and budgeting according to a technique of planning of the company, the developed support of up-bottom approaches and "from below up" and also cooperation and joint work;
• forecasting: creation of more reasonable plans and budgets, the sliding forecasts, extensive use of the saved-up historical data for planning;
• forecast analysis: automatic notifications about the potential growth of risks, setup of key indicators, obtaining recommendations of possible actions, idle time and quick access to explanations of causes and effects of the arisen situation;
• analytics and reporting: access "in one click" to relevant operations and financial statements, analytics, multidimensional information analysis;
• consolidation: structuring and simplification of process of consolidation, economy of the weeks which were earlier leaving on this process and also increase in accuracy of compliance of the reporting to legislative arrangements and standards.

Advantages to business

• an opportunity to plan on the basis of reliable data and to make more weighed decisions;
• reduction of duration of a cycle of creation and the approval of budgets thanks to more effective interaction of staff of financial services and managers of divisions within a single system;
• an opportunity to minimize management risks and risks of mismatch of the reporting to legislative arrangements and standards thanks to increase in transparency and creation of uniform vision of data, acceleration and more successful process of closing of reporting periods;
• reduction of time necessary for the staff of department of IT on modification of uniform business processes that becomes possible thanks to the preconfigured "flows of business processes" and to providing to an opportunity creation, modification and optimization of reports by forces of end users;
• performance improvement of work of personnel thanks to intuitive interfaces and familiar business tools, the minimum need for additional training of employees;
• use of single solution for the basic financial processes – planning, budgeting, forecasting, consolidation, reporting.

SAP BusinessObjects Planning and Consolidation for Banking

SAP application of BusinessObjects Planning and Consolidation for Banking makes available:

• the configured environment of planning of support of the budget, forecasting and long-term planning which can grow and develop as requirements of planning change;
• dynamic business simulation of the enterprise and prediction of the market which are reflected in balance, not interest income, personnel and other planning of expenses;
• cash flow simulation, bringing percent, other products of the balance statement;
• profit analysis of the productive center before determination of quotations;
• modeling of intuitive "opinion", for assistance to expansion of a scope and accountability on levels of management;
• access to management, financial and normative statements in real time.

The SAP solution Businessobjects Planning and Consolidation for the Healthcare (for the health care industry)

The SAP solution Businessobjects Planning and Consolidation for the Healthcare having the main characteristics of SAP Businessobjects Solutions, provides to the companies in the field of health care:

• the integrated data model - the product is constructed on the integrated data model integrating the financial and attached to the patient data for more exact planning;
• planning at the level of department, with participation of heads of departments of planning, by providing specific, intuitive models and templates;
• modeling of compensations - using types of patients, financial data from sources about the patient;
• budget management - preparation of financial, operational statements, analysis, including management reporting and multidimensional analysis.
• business consolidation - use of the centralized data warehouse containing modern actual data from an accounting system.

2014: SAP Business Objects BPC localization for Ukraine

On August 27, 2014 the SAP Ukraine company presented the localized solution in the field of budgeting and consolidation – SAP Business Objects BPC.

"SAP Business Objects BPC will allow clients of SAP to build processes of budgeting and consolidation taking into account local specifics and requirements of the legislation of Ukraine", - Maxim Matyash, the managing director of SAP in the CIS countries noted.

The list of the localized solutions brought to the Ukrainian market in 2014:

• SAP Business Objects BPC,
• SAP SRM,
• SAP CRM,
• SAP e-recruiting and Learning,
• SAP Assurance and Compliance Software implemented on SAP HANA.