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https://dudodiprj2sv7.cloudfront.net/product-logos/85/Rn/O7KIDE24JCGS.PNGSAPSAP BPC2018-09-26T20:15:23.233ZSAP BPC is used as Reporting tool of consolidation. It is used for monthly reporting (short Financial Statements) and quarterly reporting, including Intercompany reconciliation. We use also it to retrieve historical data based on different variants: i.e. IFRS/LOCAL GAAP/US GAAP, Local amount, Consolidated amount... etc.,Legal consolidation
Detailed reporting package
Retrieval of historical data,It's not user friendly
Depending on how it is implemented it is not as flexible as it should be, in case of changes in consolidation rules,8,Fast tool.
Complicated for non-finance users,5,In the past I sused PwC consultant, very good high professionality,Oracle Hyperion Enterprise Performance Management,BOARD, Google Analytics, Microsoft Office 2016, Concur Travel and ExpenseVerified UserBenefits of BPC2018-03-23T20:45:52.304ZMy company uses SAP BPC for forecasting and analysis and is now currently undergoing implementation for consolidation. It's currently used by finance departments, and once it's implemented for consolidation will be used by Corporate Reporting and Corporate Accounting. One of the benefits of SAP BPC is that two finance teams (Financial Planning & Analysis and Corporate Reporting and Corporate Accounting) will now be using the same tool for internal and external reporting. This will eliminate the need for reconciling systems, which is currently a manual and many times frustrating task. Like many other companies before SAP BPC, my company currently heavily utilizes Excel for consolidation, which has its flaws including not being able to have multiple users edit the workbook and slow performance. On the Financial Planning & Analysis side, SAP BPC has been instrumental in collaborative work between all business segments and Corporate. It has increased performance and allowed for faster quarter closes.,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.,An easily accessible resource page for quick how-to's and tips, as well as things to avoid (maybe a YouTube page).
In 10.1, one thing that was removed was the ability to go into the dimension and select multiple members/parents and copy-paste those into your workbook. Please bring this back.
When I have a BPC workbook open and a non-BPC workbook open, it slows down performance because whenever I'm toggling between the two workbooks as it's constantly bringing in the EPM context pane into the non-BPC workbook. Is there any way to disable this easily?,10,The upgrade from BPC 7.5 to BPC 10.1 reduced processing dimensions and load times significantly.
Using SAP BPC will allow us to update the Consolidation with the latest data in 10 minutes, rather than hours.
Using SAP BPC will allow a user to work in the model immediately, rather than waiting hours for another user to exit an Excel workbook.,8,My company partnered with Column 5 to help deploy SAP BPC for financial planning many years ago, and they helped us upgrade from BPC 7.5 to BPC 10.1 this past year. Now they are helping us deploy SAP BPC for consolidation. My company has had a long relationship with Column 5, which is a testament to their professionalism and good work.,,Box, Cisco Spark, TValueJeffrey SukSAP BPC reviewed by a heavy user, but that is new to financial systems2018-03-23T19:53:56.089ZWe use it within our department of Financial Planning and Analysis only. It was initially used solely for its consolidation capabilities in order to better report and analyze data, both actuals and budget, with the budget being done in a separate application and loaded in. We have now implemented the planning cubes and use it to develop or annual budget and an annual reforecast with actuals still being loaded in at the end of each month.,Allows for full integration of data to be analyzed in real time. Although we still load actuals on a delayed basis (2 business days after month end), when developing the budget, we not longer have to do a full loading process from a different application into BPC prior to being able to report and analyze the current budget status to prior budget versions or actuals.
It is easy to learn basic report building. The hardest part is learning the available dimensions and the different possible combinations and their results, but that will also vary from company to company depending on the complexity of the industry.,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.,7,Although I am a regular user, I began after the consolidation cube was in place and during the development and implementation of the planning cubes, so I lack the knowledge of a pre-BPC experience at the firm.,8,Column 5 was used for both implementations (consolidation and planning). Based on my understanding of the initial implementation of consolidation, everything went well and the process was smooth. The development of the planning cubes was a little more difficult as there was a different consultant from C5 than the original implantation, and halfway through the development, the consultant left and had to be replaced. This caused some set backs and confusion as every consultant has their own technique and the new consultant couldn't always follow the rationale of what the original had done. The final consultant was great to work with and knowledgeable, but the turnover caused for some issues and could potentially be (just guessing) the reason for some issues we have experienced post-rollout.,Anthony DePasqualeFine if you are already in the SAP ecosystem, otherwise steer clear2018-01-18T20:39:44.380ZBPC is being used as the system in which we develop our yearly budgets, collect quarterly forecast, and do an analysis of the spending and revenues throughout the organization. The FP&A organization is the heaviest user, with extensive reporting and analysis being done on a daily basis. Over 300 users across campus access it during budget season in order to enter their budgets and half that many enter it quarterly to update forecasts.,Dimensional model allows for slicing and dicing of the data in a variety of ways
This is a custom tool - it provides an environment but you define what the structures look like, which offers flexibility,Updates are not backward compatible - on the server side they require complete reinstalls.
While they suggest the tool is unlimited, in practice, there are substantial performance limitations on the Microsoft Platform if you let the cube get too large
The Microsoft platform is legacy from the original tool (Outlooksoft) that SAP purchased. The result is that it gets the least effort in development
If you aren't using SAP Business Warehouse, the load process is considerably more complex than it otherwise might be.,6,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.,6,Column 5 - They have been very helpful in both implementing and advising us as we have moved through version updates.
Freudenberg IT is our hosting provider and they have been less helpful - if it isn't running on NetWeaver/HANA, they seem confused by the architecture. We've struggled to get things working correctly in that environment and try hard not to make changes that might disrupt a currently working system.,Oracle Hyperion Enterprise Performance Management, Tidemark, Adaptive Suite and Workday Financial Management,Microsoft Office 365, Tableau Desktop, RapidMiner Studio, IBM SPSSRebecca T Barber, MBA, PHDSAP BPC Review2018-04-10T19:28:08.118ZOur entire organization uses it for budgeting. Departments and offices enter annual expenses. Practice groups use it to track employees with annual billable hours and billable rates. Th finance and accounting department uses it for reporting as well as analyzing variances during the fiscal year. The system also is used for creating and updating revenue and expense forecasts during the year.,Allows for tracking of actual vs budgeted expenses. Can have multiple budgets or forecasts for comparison.
Can create reports that can be modified to show either department or office views of the data.
Allows for budgeting of production hours, billed hours and collections by individual timekeeper.,Data is not easily moved between modules. Several steps necessary to accomplish this.
Users often overwrite data entered by others. Need better controls for this.
Better reporting of changes between versions of a budget. In particular, the user who made the changes and what those changes were.,8,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.,7,Column5 was the partner used for the design and implementation of the system. They have been very helpful and responsive. They have also held conferences and training sessions which have helped educate the users of the system.,DFTech,Chrome River EXPENSE, Fixed Assets Tracking, SAP BusinessObjects BI PlatformWilliam O'Brien
Windows, Mac
SAP BPC (Business Planning and Consolidation)
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