SAP BPC (Business Planning and Consolidation) vs. Synoptix

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
SAP BPC (Business Planning and Consolidation)
Score 7.5 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
Synoptix
Score 2.8 out of 10
Mid-Size Companies (51-1,000 employees)
Synoptic provides ERP financial reporting tools and analysis. This solution is designed to deliver real-time data. The vendor’s value proposition is that their solution empowers users to create financial and operational reports with spreadsheet ease of use.N/A
Pricing
SAP BPC (Business Planning and Consolidation)Synoptix
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
SAP BPC (Business Planning and Consolidation)Synoptix
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
SAP BPC (Business Planning and Consolidation)Synoptix
Top Pros
Top Cons
Features
SAP BPC (Business Planning and Consolidation)Synoptix
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
SAP BPC (Business Planning and Consolidation)
7.6
37 Ratings
9% below category average
Synoptix
6.0
1 Ratings
32% below category average
Long-term financial planning8.132 Ratings5.01 Ratings
Financial budgeting8.033 Ratings5.01 Ratings
Forecasting7.836 Ratings00 Ratings
Scenario modeling6.632 Ratings00 Ratings
Management reporting7.636 Ratings8.01 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
SAP BPC (Business Planning and Consolidation)
7.8
36 Ratings
3% below category average
Synoptix
7.0
1 Ratings
13% below category average
Financial data consolidation8.033 Ratings7.01 Ratings
Journal entries and reports7.828 Ratings00 Ratings
Multi-currency management8.325 Ratings00 Ratings
Intercompany Eliminations7.828 Ratings00 Ratings
Minority Ownership6.920 Ratings7.01 Ratings
Local and consolidated reporting7.930 Ratings00 Ratings
Detailed Audit Trails8.227 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
SAP BPC (Business Planning and Consolidation)
8.0
36 Ratings
3% below category average
Synoptix
6.8
1 Ratings
19% below category average
Financial Statement Reporting8.132 Ratings7.01 Ratings
Management Reporting8.036 Ratings7.01 Ratings
Excel-based Reporting7.735 Ratings7.01 Ratings
Automated board and financial reporting8.027 Ratings6.01 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
SAP BPC (Business Planning and Consolidation)
8.4
32 Ratings
4% above category average
Synoptix
3.0
1 Ratings
91% below category average
Personalized dashboards8.921 Ratings3.01 Ratings
Color-coded scorecards8.919 Ratings00 Ratings
KPIs8.430 Ratings00 Ratings
Cost and profitability analysis8.726 Ratings00 Ratings
Key Performance Indicator setting8.723 Ratings00 Ratings
Benchmarking with external data7.018 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
SAP BPC (Business Planning and Consolidation)
7.0
35 Ratings
17% below category average
Synoptix
3.0
1 Ratings
94% below category average
Flat file integration7.132 Ratings00 Ratings
Excel data integration7.934 Ratings00 Ratings
Direct links to 3rd-party data sources6.022 Ratings3.01 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
SAP BPC (Business Planning and Consolidation)
-
Ratings
Synoptix
7.7
1 Ratings
6% below category average
Publish to Web00 Ratings8.01 Ratings
Publish to PDF00 Ratings8.01 Ratings
Report Delivery Scheduling00 Ratings7.01 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
SAP BPC (Business Planning and Consolidation)
-
Ratings
Synoptix
6.0
1 Ratings
37% below category average
Multi-User Support (named login)00 Ratings7.01 Ratings
Role-Based Security Model00 Ratings8.01 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings8.01 Ratings
Single Sign-On (SSO)00 Ratings1.01 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
SAP BPC (Business Planning and Consolidation)
-
Ratings
Synoptix
1.0
1 Ratings
155% below category average
Responsive Design for Web Access00 Ratings1.01 Ratings
Best Alternatives
SAP BPC (Business Planning and Consolidation)Synoptix
Small Businesses
IBM Planning Analytics
IBM Planning Analytics
Score 8.3 out of 10
IBM Planning Analytics
IBM Planning Analytics
Score 8.3 out of 10
Medium-sized Companies
Centage
Centage
Score 9.6 out of 10
Centage
Centage
Score 9.6 out of 10
Enterprises
Anaplan
Anaplan
Score 8.7 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
SAP BPC (Business Planning and Consolidation)Synoptix
Likelihood to Recommend
7.8
(37 ratings)
2.2
(12 ratings)
Likelihood to Renew
7.0
(1 ratings)
-
(0 ratings)
Usability
9.0
(2 ratings)
-
(0 ratings)
Availability
9.0
(1 ratings)
-
(0 ratings)
Performance
7.0
(1 ratings)
-
(0 ratings)
Support Rating
7.0
(1 ratings)
1.0
(1 ratings)
In-Person Training
9.0
(1 ratings)
-
(0 ratings)
Online Training
9.0
(1 ratings)
-
(0 ratings)
Implementation Rating
8.0
(1 ratings)
-
(0 ratings)
Configurability
8.0
(1 ratings)
-
(0 ratings)
Ease of integration
7.6
(36 ratings)
-
(0 ratings)
Product Scalability
9.0
(1 ratings)
-
(0 ratings)
Vendor post-sale
8.0
(1 ratings)
-
(0 ratings)
Vendor pre-sale
8.0
(1 ratings)
-
(0 ratings)
User Testimonials
SAP BPC (Business Planning and Consolidation)Synoptix
Likelihood to Recommend
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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Synoptix
It is excellent if set up well, and users are well trained on how to use it as it is not very user-friendly. But to achieve that, you have to go through the hell of a setup. Support is not knowledgeable in some areas of the software, it is tough to set up and install, and when presented by salespeople, it is all great, but you need to invest a lot to pay it off.
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Pros
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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Synoptix
  • Easy report building interface with an query interface that allows financial users the ability to conduct complex queries without difficulty.
  • The ability to create reporting that allows us to review in-depth financial review by drilling down into accounts to find transnational data easily.
  • Easily maintained and monitored with simple upgrade installations and end point installation.
  • Great knowledge base for review and trouble-shooting.
  • Highly knowledgeable and easy to work with staff.
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Cons
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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Synoptix
  • It has a poor install procedure which is not standard. It almost requires copying folders from an existing computer to the new install.
  • The update process is less than desirable. It seems like Compusoft needs to do a better job of testing before releasing updates.
  • The interface is a bit archaic. It looks more like a program from 20 years ago than one used today.
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Usability
SAP
Unlike other SAP traditional products, SAP BPC was meant to be simple and familiar to financial users
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Synoptix
No answers on this topic
Support Rating
SAP
We need a big support team with various skillset like BPC, ABAP, BW, HANA, FICO etc
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Synoptix
Support does not know much about software solutions. As an example, I have struggled for weeks just to set up LDAP that should be fairly simple.
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In-Person Training
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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Synoptix
No answers on this topic
Online Training
SAP
SAP Training contents are very good, informative and exhaustive.
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Synoptix
No answers on this topic
Implementation Rating
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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Synoptix
No answers on this topic
Alternatives Considered
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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Synoptix
Prior to Synoptix we were using the reporting tool that comes with our ERP system. It lacked the drilldown and comparability functions that make Synoptix the top pick. Further, designing reports and maintaining reports was very labor intensive
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Return on Investment
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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Synoptix
  • As a reporting tool it has allowed us to make fact based decisions. We have a significant annual cost with relation to our legacy system and Synoptix provides us with the best tool to mine the data that resides in our legacy system.
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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