SAP BPC (Business Planning and Consolidation) vs. Synoptix

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
SAP BPC (Business Planning and Consolidation)
Score 8.2 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 7.5 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
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
41 Ratings
8% below category average
Synoptix
6.6
8 Ratings
22% below category average
Long-term financial planning7.435 Ratings6.06 Ratings
Financial budgeting8.037 Ratings6.57 Ratings
Forecasting7.840 Ratings6.64 Ratings
Scenario modeling7.336 Ratings5.94 Ratings
Management reporting7.840 Ratings7.88 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
SAP BPC (Business Planning and Consolidation)
7.1
40 Ratings
11% below category average
Synoptix
7.6
7 Ratings
5% below category average
Financial data consolidation8.336 Ratings8.26 Ratings
Journal entries and reports7.030 Ratings7.03 Ratings
Multi-currency management6.728 Ratings7.04 Ratings
Intercompany Eliminations6.530 Ratings6.82 Ratings
Minority Ownership7.020 Ratings9.12 Ratings
Local and consolidated reporting6.033 Ratings7.55 Ratings
Detailed Audit Trails8.227 Ratings7.46 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
SAP BPC (Business Planning and Consolidation)
7.0
40 Ratings
14% below category average
Synoptix
7.2
8 Ratings
11% below category average
Financial Statement Reporting8.035 Ratings7.18 Ratings
Management Reporting6.840 Ratings7.78 Ratings
Excel-based Reporting7.139 Ratings8.07 Ratings
Automated board and financial reporting6.030 Ratings7.37 Ratings
XBRL support for regulatory filing00 Ratings5.83 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
SAP BPC (Business Planning and Consolidation)
5.5
36 Ratings
38% below category average
Synoptix
6.5
6 Ratings
22% below category average
Personalized dashboards5.024 Ratings6.46 Ratings
Color-coded scorecards6.422 Ratings5.94 Ratings
KPIs3.131 Ratings6.73 Ratings
Cost and profitability analysis7.528 Ratings6.73 Ratings
Key Performance Indicator setting4.124 Ratings6.73 Ratings
Benchmarking with external data7.018 Ratings6.73 Ratings
Integration
Comparison of Integration features of Product A and Product B
SAP BPC (Business Planning and Consolidation)
6.0
39 Ratings
32% below category average
Synoptix
7.4
6 Ratings
12% below category average
Flat file integration6.735 Ratings7.33 Ratings
Excel data integration6.437 Ratings8.05 Ratings
Direct links to 3rd-party data sources5.025 Ratings6.96 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
SAP BPC (Business Planning and Consolidation)
-
Ratings
Synoptix
6.0
5 Ratings
24% below category average
Pixel Perfect reports00 Ratings5.83 Ratings
Customizable dashboards00 Ratings5.85 Ratings
Report Formatting Templates00 Ratings6.44 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
SAP BPC (Business Planning and Consolidation)
-
Ratings
Synoptix
7.4
7 Ratings
9% below category average
Drill-down analysis00 Ratings7.37 Ratings
Formatting capabilities00 Ratings7.07 Ratings
Integration with R or other statistical packages00 Ratings7.03 Ratings
Report sharing and collaboration00 Ratings8.24 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
5 Ratings
7% below category average
Publish to Web00 Ratings7.64 Ratings
Publish to PDF00 Ratings8.45 Ratings
Report Versioning00 Ratings7.63 Ratings
Report Delivery Scheduling00 Ratings7.34 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
SAP BPC (Business Planning and Consolidation)
-
Ratings
Synoptix
6.9
3 Ratings
11% below category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings7.33 Ratings
Location Analytics / Geographic Visualization00 Ratings6.82 Ratings
Predictive Analytics00 Ratings6.82 Ratings
Pattern Recognition and Data Mining00 Ratings6.82 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
7.6
6 Ratings
12% below category average
Multi-User Support (named login)00 Ratings7.36 Ratings
Role-Based Security Model00 Ratings8.05 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings7.75 Ratings
Report-Level Access Control00 Ratings7.35 Ratings
Single Sign-On (SSO)00 Ratings7.86 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
SAP BPC (Business Planning and Consolidation)
-
Ratings
Synoptix
6.7
4 Ratings
12% below category average
Responsive Design for Web Access00 Ratings6.74 Ratings
Mobile Application00 Ratings6.82 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings6.73 Ratings
Best Alternatives
SAP BPC (Business Planning and Consolidation)Synoptix
Small Businesses

No answers on this topic

No answers on this topic

Medium-sized Companies
Centage
Centage
Score 9.5 out of 10
Centage
Centage
Score 9.5 out of 10
Enterprises
OneStream
OneStream
Score 8.9 out of 10
OneStream
OneStream
Score 8.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
SAP BPC (Business Planning and Consolidation)Synoptix
Likelihood to Recommend
7.3
(41 ratings)
7.5
(18 ratings)
Likelihood to Renew
7.0
(1 ratings)
9.1
(2 ratings)
Usability
9.0
(2 ratings)
7.1
(7 ratings)
Availability
9.0
(1 ratings)
-
(0 ratings)
Performance
7.0
(1 ratings)
-
(0 ratings)
Support Rating
7.0
(1 ratings)
9.1
(2 ratings)
In-Person Training
9.0
(1 ratings)
-
(0 ratings)
Online Training
9.0
(1 ratings)
-
(0 ratings)
Implementation Rating
8.0
(1 ratings)
9.1
(1 ratings)
Configurability
8.0
(1 ratings)
-
(0 ratings)
Ease of integration
6.7
(39 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 (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.
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Synoptix
Synoptix has been great for us to allow end users access to the data and information they need to make informed decisions without letting them have full access to all ERP functions. It has also been very easy to create custom reports that meet our needs. It is also nimble enough to create quick reports that are needed with a small turnaround
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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
  • 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.
Read full review
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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Likelihood to Renew
SAP
No answers on this topic
Synoptix
There is no question that we will continue to use this product for as long as it's available
Read full review
Usability
SAP
Unlike other SAP traditional products, SAP BPC was meant to be simple and familiar to financial users
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Synoptix
It didn't take long to learn how it works and has always been easy to navigate and accomplish all that we have needed. Whenever there have been any issues Synopotix has been great to address them in a timely manner and have always been able to resolve the issues we have had
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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
Good guidance of what steps will halppen.
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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
Synoptix is more oriented to users as their own developers. You do not need to understand any sort of coding or languages. If you are working in financials you just need to know your trial balance. The menus and programing are so user friendly the programming is "kinda obvious"
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Return on Investment
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.
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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