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Forecastr vs. SAP BPC (Business Planning and Consolidation)

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Forecastr

    Score10 out of 10
    N/AForecastr gives startup founders a financial model that can be use to get funded. It is presented as a simple and convenient interface that takes the guesswork out of financial modeling. The vendor aims to offer models that are easy to understand, easy to use, and easy to share with investors and stakeholders. Every new Forecastr customer is supported by a pair of expert financial analysts. They work alongside the user to build a fully-customized model that captures every nuance of unique…N/A

    SAP BPC (Business Planning and Consolidation)

    Score8.3 out of 10
    N/AThe SAP BPC software is designed to help users plan and achieve a faster, more accurate close. The SAP BPC software aims to help users spend more time growing their business and less time closing books. The vendor’s value proposition is that their software delivers planning, budgeting, forecasting, and financial consolidation capabilities in a single application. This, in turn, enables them to easily adjust plans and forecasts, speed up budget and closing cycles, and ensure compliance with…N/A
    Pricing
    ForecastrSAP BPC (Business Planning and Consolidation)
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    ForecastrSAP BPC (Business Planning and Consolidation)
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Features
    ForecastrSAP BPC (Business Planning and Consolidation)
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of Forecastr and SAP BPC (Business Planning and Consolidation)
    Feature
    Forecastr
    10.0
    1 Ratings
    8% above category average
    SAP BPC (Business Planning and Consolidation)
    7.8
    41 Ratings
    3% below category average
    Long-term financial planning10.01 Ratings7.535 Ratings
    Financial budgeting10.01 Ratings8.137 Ratings
    Forecasting10.01 Ratings7.840 Ratings
    Scenario modeling10.01 Ratings7.336 Ratings
    Management reporting10.01 Ratings8.140 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of Forecastr and SAP BPC (Business Planning and Consolidation)
    Feature
    Forecastr
    10.0
    1 Ratings
    11% above category average
    SAP BPC (Business Planning and Consolidation)
    5.6
    36 Ratings
    30% below category average
    Personalized dashboards10.01 Ratings5.024 Ratings
    Color-coded scorecards10.01 Ratings6.922 Ratings
    KPIs10.01 Ratings3.031 Ratings
    Cost and profitability analysis10.01 Ratings7.628 Ratings
    Key Performance Indicator setting10.01 Ratings4.024 Ratings
    Benchmarking with external data10.01 Ratings7.018 Ratings
    Revenue Forecasting10.01 Ratings00 Ratings
    Budgeting Tools
    Comparison of Budgeting Tools features of Forecastr and SAP BPC (Business Planning and Consolidation)
    Feature
    Forecastr
    10.0
    1 Ratings
    11% above category average
    SAP BPC (Business Planning and Consolidation)
    -
    Ratings
    Automated Budgeting10.01 Ratings00 Ratings
    Financial Planning Collaboration10.01 Ratings00 Ratings
    Budget Customization10.01 Ratings00 Ratings
    Departmental Budgeting10.01 Ratings00 Ratings
    Import & Export Tools10.01 Ratings00 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of Forecastr and SAP BPC (Business Planning and Consolidation)
    Feature
    Forecastr
    -
    Ratings
    SAP BPC (Business Planning and Consolidation)
    7.3
    40 Ratings
    6% below category average
    Financial data consolidation00 Ratings8.436 Ratings
    Journal entries and reports00 Ratings7.330 Ratings
    Multi-currency management00 Ratings6.928 Ratings
    Intercompany Eliminations00 Ratings6.930 Ratings
    Minority Ownership00 Ratings7.020 Ratings
    Local and consolidated reporting00 Ratings6.433 Ratings
    Detailed Audit Trails00 Ratings8.227 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of Forecastr and SAP BPC (Business Planning and Consolidation)
    Feature
    Forecastr
    -
    Ratings
    SAP BPC (Business Planning and Consolidation)
    7.3
    40 Ratings
    11% below category average
    Financial Statement Reporting00 Ratings8.035 Ratings
    Management Reporting00 Ratings7.240 Ratings
    Excel-based Reporting00 Ratings7.539 Ratings
    Automated board and financial reporting00 Ratings6.430 Ratings
    Integration
    Comparison of Integration features of Forecastr and SAP BPC (Business Planning and Consolidation)
    Feature
    Forecastr
    -
    Ratings
    SAP BPC (Business Planning and Consolidation)
    6.4
    39 Ratings
    23% below category average
    Flat file integration00 Ratings6.935 Ratings
    Excel data integration00 Ratings6.937 Ratings
    Direct links to 3rd-party data sources00 Ratings5.425 Ratings
    Best Alternatives
    ForecastrSAP BPC (Business Planning and Consolidation)
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    Oracle Hyperion (legacy)
    Score7.5 out of 10
    IBM Planning Analytics
    Score8.5 out of 10
    Enterprises
    Oracle Hyperion (legacy)
    Score7.5 out of 10
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.1 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    ForecastrSAP BPC (Business Planning and Consolidation)
    Likelihood to Recommend
    10.0
    (1 ratings)
    7.4
    (41 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    7.0
    (1 ratings)
    Usability
    -
    (0 ratings)
    9.0
    (2 ratings)
    Availability
    -
    (0 ratings)
    9.0
    (1 ratings)
    Performance
    -
    (0 ratings)
    7.0
    (1 ratings)
    Support Rating
    -
    (0 ratings)
    7.0
    (1 ratings)
    In-Person Training
    -
    (0 ratings)
    9.0
    (1 ratings)
    Online Training
    -
    (0 ratings)
    9.0
    (1 ratings)
    Implementation Rating
    -
    (0 ratings)
    8.0
    (1 ratings)
    Configurability
    -
    (0 ratings)
    8.0
    (1 ratings)
    Ease of integration
    -
    (0 ratings)
    6.7
    (39 ratings)
    Product Scalability
    -
    (0 ratings)
    9.0
    (1 ratings)
    Vendor post-sale
    -
    (0 ratings)
    8.0
    (1 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    8.0
    (1 ratings)
    User Testimonials
    ForecastrSAP BPC (Business Planning and Consolidation)
    Likelihood to Recommend
    Forecastr
    Forecastr is great for any company who is looking to have clarity like never before on their finances, but it may be especially helpful for startups.
    Incentivized
    Read full review
    SAP
    SAP BPC (Business Planning and Consolidation) overall is a good package and has helped improve our reporting a lot whilst also making it more efficient due to the reliability of data input / output. There are limitations like graphs being so limited in functionality and reports failing when too much data being processed however i would recommend to others.
    Incentivized
    Read full review
    Pros
    Forecastr
    • Their onboarding with experienced CFO's is extremely helpful
    • Their forecasting revenue models are easy to understand
    • The budgeting and expenses section is better than anything else I've ever seen before.
    Incentivized
    Read full review
    SAP
    • SAP BPC is real time data. You can send information into the system and see it reflected in your reports immediately. Other systems may require a manual push into a reporting system.
    • SAP BPC is a shared reporting tool, so multiple users can be working in a model/environment at the same time, real time. This is especially helpful if your workbooks incorporated multiple processes requiring multiple users to get into the same model.
    • SAP BPC is a powerful tool designed to help all facets of the company, from cash flow to capital expenditures to headcount management to financial planning to consolidation.
    Incentivized
    Read full review
    Cons
    Forecastr
    • More youtube videos on walking through the software would be cool.
    Incentivized
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    SAP
    • SAP should focus on delivering one single product for planning, consolidation and budgeting needs rather than providing a large list of options to choose from.
    • The product is not very user-friendly compared to other cloud competitors. There is a heavy dependency on IT teams.
    • SAP BPC should come up a pure cloud option.
    Incentivized
    Read full review
    Usability
    Forecastr
    No answers on this topic
    SAP
    Unlike other SAP traditional products, SAP BPC was meant to be simple and familiar to financial users
    Incentivized
    Read full review
    Support Rating
    Forecastr
    No answers on this topic
    SAP
    We need a big support team with various skillset like BPC, ABAP, BW, HANA, FICO etc
    Incentivized
    Read full review
    In-Person Training
    Forecastr
    No answers on this topic
    SAP
    SAP BPC training content and trainers are very good. The training is structured and provides a very good understanding of the product features and functionalities. I attended 6 separate training sessions of week-long or more. I had very good experience in all the sessions. The training is organized very well.
    Incentivized
    Read full review
    Online Training
    Forecastr
    No answers on this topic
    SAP
    SAP Training contents are very good, informative and exhaustive.
    Incentivized
    Read full review
    Implementation Rating
    Forecastr
    No answers on this topic
    SAP
    The implementation was carried out in two phases spread over a period of 4 years with 2 upgrades in between. We also had multiple upgrades to HANA.
    Incentivized
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    Alternatives Considered
    Forecastr
    I wish I found Forecastr years ago. No other software has been able to simplify finances with models and forecasting in a very clear manner like this, plus, with the CFO addition, it's a breath of fresh air for the first time in 8 years of business with finances.
    Incentivized
    Read full review
    SAP
    With Hyperion we struggled as it didn’t have integrated planning and consolidation, whereas BPC does have it. BPC is easier for reporting as it is Excel-based. Also BPC has prepackaged business process flows that helped a lot. Hyperion on the other hand has a faster response time for user queries or report generation.
    Incentivized
    Read full review
    Return on Investment
    Forecastr
    • With clear data, I'm able to make better financial decisions on hiring/spending
    Incentivized
    Read full review
    SAP
    • When originally implemented (as the predecessor product Outlooksoft) BPC took ASU from trying to budget and forecast for a 2B enterprise out of spreadsheets and into a far more consolidated tool. It has saved us considerable time over the years and paid for itself several times over.
    • BPC also allows us to present our budget in multiple different views to support management, board and departmental reporting.
    Incentivized
    Read full review
    ScreenShots

    SAP BPC (Business Planning and Consolidation) Screenshots

    Screenshot of SAP BPC Home ScreenScreenshot of SAP BPC Web ClientScreenshot of SAP BPC DashboardScreenshot of SAP BPC Web Report