Quantrix vs. SAP BPC (Business Planning and Consolidation)

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Quantrix
Score 7.4 out of 10
N/A
Quantrix is designed to allow users to address the limitations and risks inherent to spreadsheets when developing business-critical models. According to the vendor, this solution offers unmatched capability for forecasting, planning, budgeting, risk modeling and visual analytics, and also allows users to develop ‘what if’ scenarios and model the financial and operational impact of business decisions. Additionally, the vendor says sharing insight is made easier through the creation of interactive…N/A
SAP BPC (Business Planning and Consolidation)
Score 7.6 out of 10
N/A
The 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
QuantrixSAP BPC (Business Planning and Consolidation)
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
QuantrixSAP BPC (Business Planning and Consolidation)
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsQuantrix Modeler is licensed on a per user subscription basis.
More Pricing Information
Community Pulse
QuantrixSAP BPC (Business Planning and Consolidation)
Top Pros
Top Cons
Features
QuantrixSAP BPC (Business Planning and Consolidation)
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Quantrix
9.3
12 Ratings
11% above category average
SAP BPC (Business Planning and Consolidation)
7.6
37 Ratings
9% below category average
Long-term financial planning9.711 Ratings8.132 Ratings
Financial budgeting9.012 Ratings8.033 Ratings
Forecasting10.012 Ratings7.736 Ratings
Scenario modeling9.012 Ratings6.632 Ratings
Management reporting9.012 Ratings7.536 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Quantrix
8.0
7 Ratings
1% below category average
SAP BPC (Business Planning and Consolidation)
7.8
36 Ratings
4% below category average
Financial data consolidation8.36 Ratings8.033 Ratings
Multi-currency management8.44 Ratings8.325 Ratings
Minority Ownership8.04 Ratings6.820 Ratings
Local and consolidated reporting8.77 Ratings7.930 Ratings
Detailed Audit Trails6.75 Ratings8.227 Ratings
Journal entries and reports00 Ratings7.828 Ratings
Intercompany Eliminations00 Ratings7.828 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Quantrix
9.0
12 Ratings
9% above category average
SAP BPC (Business Planning and Consolidation)
8.0
36 Ratings
3% below category average
Financial Statement Reporting9.010 Ratings8.132 Ratings
Management Reporting9.012 Ratings8.036 Ratings
Automated board and financial reporting9.011 Ratings8.027 Ratings
Excel-based Reporting00 Ratings7.635 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Quantrix
8.5
12 Ratings
5% above category average
SAP BPC (Business Planning and Consolidation)
8.4
32 Ratings
4% above category average
Personalized dashboards8.012 Ratings8.921 Ratings
Color-coded scorecards6.45 Ratings8.919 Ratings
KPIs10.010 Ratings8.430 Ratings
Cost and profitability analysis8.610 Ratings8.726 Ratings
Key Performance Indicator setting10.011 Ratings8.723 Ratings
Benchmarking with external data8.210 Ratings7.018 Ratings
Integration
Comparison of Integration features of Product A and Product B
Quantrix
9.0
12 Ratings
8% above category average
SAP BPC (Business Planning and Consolidation)
7.0
35 Ratings
17% below category average
Flat file integration9.012 Ratings7.132 Ratings
Excel data integration9.012 Ratings7.834 Ratings
Direct links to 3rd-party data sources9.012 Ratings6.022 Ratings
Best Alternatives
QuantrixSAP BPC (Business Planning and Consolidation)
Small Businesses
IBM Planning Analytics
IBM Planning Analytics
Score 8.4 out of 10
IBM Planning Analytics
IBM Planning Analytics
Score 8.4 out of 10
Medium-sized Companies
Centage
Centage
Score 9.6 out of 10
Centage
Centage
Score 9.6 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
QuantrixSAP BPC (Business Planning and Consolidation)
Likelihood to Recommend
7.0
(12 ratings)
7.8
(37 ratings)
Likelihood to Renew
-
(0 ratings)
7.0
(1 ratings)
Usability
8.2
(1 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)
7.6
(36 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
QuantrixSAP BPC (Business Planning and Consolidation)
Likelihood to Recommend
Quantrix
If you find yourself in the ocean of traditional spreadsheets, overwhelmed by broken links, errors, model audit problems, hardwiring, etc. here is a lifebuoy for you. If you want to have full flexibility in your budgeting and forecasting in contrast to ERPs with rigid structures and one-size-fits-all concept. If you are small or medium size company and do not want to invest in costly enterprise solutions. If you need a fast implementation https://youtu.be/5W_q5Xhw5fg
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SAP
SAP BPC is well suited for complex planning and consolidations needs where the underlying transactional system is SAP ECC. It suits well if the organization has separate teams with BPC, ABAP, BW, Basis, Hana skillset. SAP BPC is less appropriate for organizations using Agile methodology. It is not suitable for organizations in a hyper-growth cycle as the installation and implementation is time-consuming. It will not work for organizations where the planning and budgeting needs keep changing frequently. The UI of SAP BPC is not very intuitive and very difficult to set up a dynamic dashboard for senior executives and officials of CxO.
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Pros
Quantrix
  • Building complex financial planning model availing of a multidimensional data structure coupled with a powerful formula language, with the immediacy and intuitiveness typical of spreadsheets
  • Implement quickly model modifications (new products, new scenarios, new time periods) simply adding new "items" to "categories" (corresponding to dimensions in a multidimensional data model)
  • Scale up models to very large datasets with very fast computation times
  • Easily import data from text files, other Quantrix models and external databases via DataLink and DataNAV
  • Save snapshots of tables computed in Quantrix to external databases via DataPush
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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.
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Cons
Quantrix
  • Hard to be critical of the Quantrix team as I know they strive to produce the best product possible. I suppose the next thing on my wish list would be the application of the new Solver functionality to be available in the Qloud.
  • A big help for new users would be a good book on transitioning from Excel or other environment into Quantrix. I know first hand it can be difficult to transition when having to learn the program through a help guide, forums and tech support. I had a lot of trial and error in my journey to producing the desired models. On one hand it was a valuable method as it taught me a lot of what not to do, but I will admit it was not the most efficient way to do things.
  • Would also love to see local user groups being formed at some point in the future. Quantrix puts on a fantastic conference once a year in beautiful Maine, but it is a big journey for someone in Southern California (and limited to one or two days a year). I would like to see some local chapters formed in different areas of the country so local Quantrix users can get together more often and collaborate (maybe a quarterly or semi-annual meetup?). Our Quantrix community is still relatively small and may be a difficult task for some areas, but is also the very reason why this would be great idea.
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SAP
  • Being from a law firm, the system needed a lot of custom tailoring in order to fit our full needs (although many companies could say the same thing). Although the ability to highly customize the system to the company's needs is a positive, it frequently results in the system responding in unexplainable and unrepeatable ways which negatively impacts and slows the budget process. Because of the sporadic nature and variety of the issues, we are unable to repeat them on cue and therefore cannot nail down a solution.
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Usability
Quantrix
For a newbie it can be difficult until you get the hang of the system. Quantrix is a very logical system, once you understand its underlying ideas.
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SAP
Unlike other SAP traditional products, SAP BPC was meant to be simple and familiar to financial users
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Support Rating
Quantrix
No answers on this topic
SAP
We need a big support team with various skillset like BPC, ABAP, BW, HANA, FICO etc
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In-Person Training
Quantrix
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.
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Online Training
Quantrix
No answers on this topic
SAP
SAP Training contents are very good, informative and exhaustive.
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Implementation Rating
Quantrix
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.
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Alternatives Considered
Quantrix
Overall, I was not part of the ultimate decision to purchase Quantrix. I terms of user-friendliess and robust reporting capabilities I do think Tableau has Quantrix outclassed. That being said, Quantrix does provide more in-depth analyses for our relevant data and provides better modeling for our forecasts out of the box. The accuracy of the tools output is also much better
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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.
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Return on Investment
Quantrix
  • Capacity forecasting used to take hours to calculate with a ton of manual modifications. Quantrix has automated that so a model can be updated at any time with a click of a button
  • The accuracy of the models is incredible. It took some tweaking to add in data scubbers, but now it runs almost flawlessly
  • The confidence the management teams have in the output of the model is amazing. Before, people would question the output, have you rebuild it, and then compare. Now the report comes out and the output has high confidence.
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SAP
  • Office administrators are able to enter data directly, freeing up accounting staff.
  • Dependent expenses such as taxes and benefits are automatically calculated, saving time for accounting staff.
  • Single source of data for budget information ensures consistency of information when reporting to senior management.
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ScreenShots

Quantrix Screenshots

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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