BPC review
We use BPC for reporting and forecasting in our company.
SAP BPC (Business Planning and Consolidation)
Overview
What is SAP BPC (Business Planning and Consolidation)?
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…
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Popular Features
- Management Reporting (36)8.080%
- Forecasting (36)7.878%
- Excel-based Reporting (35)7.777%
- Management reporting (36)7.676%
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What is SAP BPC (Business Planning and Consolidation)?
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,…
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Features
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Product Details
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What is SAP BPC (Business Planning and Consolidation)?
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 financial reporting standards.
According to the vendor, with SAP BPC users can:
•Make better decisions based on what-if analyses and scenario planning
•Use collaboration tools to improve accountability and planning accuracy
•Shrink cycle times, close the books faster, and align their plans with strategic goals •Get real-time access to data in SAP S/4HANA Finance
•Run on their platform of choice – SAP BW/4HANA, SAP NetWeaver or on Microsoft
•Engage in further visualization and predictive analysis leveraging SAP Analytics Cloud in a seamless manner
SAP BPC (Business Planning and Consolidation) Features
Budgeting, Planning, and Forecasting Features
- Supported: Long-term financial planning
- Supported: Financial budgeting
- Supported: Forecasting
- Supported: Scenario modeling
- Supported: Management reporting
Consolidation and Close Features
- Supported: Financial data consolidation
- Supported: Journal entries and reports
- Supported: Multi-currency management
- Supported: Intercompany Eliminations
- Supported: Minority Ownership
- Supported: Local and consolidated reporting
- Supported: Detailed Audit Trails
Financial Reporting and Compliance Features
- Supported: Financial Statement Reporting
- Supported: Management Reporting
- Supported: Excel-based Reporting
- Supported: Automated board and financial reporting
Analytics and Reporting Features
- Supported: Personalized dashboards
- Supported: Color-coded scorecards
- Supported: KPIs
- Supported: Cost and profitability analysis
- Supported: Key Performance Indicator setting
- Supported: Benchmarking with external data
Integration Features
- Supported: Flat file integration
- Supported: Excel data integration
- Supported: Direct links to 3rd-party data sources
SAP BPC (Business Planning and Consolidation) Screenshots
SAP BPC (Business Planning and Consolidation) Integrations
SAP BPC (Business Planning and Consolidation) Competitors
SAP BPC (Business Planning and Consolidation) Technical Details
| Deployment Types | On-premise |
|---|---|
| Operating Systems | Windows, Mac |
| Mobile Application | No |
Frequently Asked Questions
Oracle Hyperion, Wolters Kluwer CCH® Tagetik, and Anaplan are common alternatives for SAP BPC (Business Planning and Consolidation).
Reviewers rate Personalized dashboards and Color-coded scorecards highest, with a score of 8.9.
The most common users of SAP BPC (Business Planning and Consolidation) are from Enterprises (1,001+ employees).
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Reviews and Ratings
(275)Attribute Ratings
Reviews
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May 31, 2023
BPC review
We use BPC for reporting and forecasting in our company.
March 14, 2022
A financial reporting end-user perspective on SAP BPC.
We used SAP BPC for annual budgeting, quarterly forecasting, monthly Budvar analysis, and periodic external/internal reporting. We wanted to have an integrated suite of solutions that center around our ERP system, SAP. BPC was used globally throughout the organization.
March 10, 2022
Not so perfect but just does the job
mainly use for change control and change management in product life cycle management and reporting purpose.
March 10, 2022
SAP BPC
The goal of utilizing SAP BPC (business planning and consolidation) is to be able to better plan and consolidate business.
February 28, 2022
Easy Business Planner
SAP BPC was used in a previous company I was employed in to aid in the organization of business expenses. Also, it was used in order to compensate employees for personal expenses that were used during business hours, such as mileage related to business travel. It is easy to organize, process payments, and have an easy learning curve for all employees that required no external training.
February 21, 2022
Collaborative Budget Planning tool for the organization
We use BPC for budget planning for the entire organization. It is extensively used by the finance and accounts team to manage the budgets and create workflows that can help complete this exercise in a collaborative manner. All senior leaders are given access to the system and they have to enter their budgets which undergo an approval process and final consolidation at the organization level. The use case is - The central team which manages BPC makes the template for budgets - both capex and overheads at the beginning of every year. Then, they extend the template to all senior leadership and the leadership accesses it via Excel plugin called Analysis for Office. Then the senior leaders input their nos and then submit it. Once submitted, the finance team is able to get the consolidated view of the planned budgets and then they approve or reject it. This also has a workflow where after every step, an approval is needed from the immediate manager.
February 17, 2022
Excellent planning tool for Sales Planning in SAP data sources
Primarily used for Sales planning for the upcoming quarter. The data is then fed to SAP Analytics Cloud for further reporting. Have also used SAP BPC for Master Data Governance, budgeting and forecasting to some extent. During planning cycle, What- if scenarios are discussed and course corrections are made with ease.
February 17, 2022
SAP BPC is great product for planning and consolidation with similar counterpart in cloud based offerings of SAP as SAC/Group Reporting
SAP BPC is a well integrated product in SAP portfolio, specially where SAP is the underlying core ERP. This is used for the planning and the consolidation purpose. Planning relates to financial planning elements, like short term working capital and long term liquidity etc. Consolidation is for group reporting purpose for combining financial information of various legal entities.
September 02, 2021
Not your Grandmother's Spreadsheet
SAP BPC (Business Planning and Consolidation) is being used as part of a larger project integrating several different databases. The end goal is to get the data from some proprietary systems into a format that will line up with SAP and allow timely forecasts and accurate reporting of past sales, billing, etc. It's a useful tool for this type of consolidation, especially when the end goal is SAP.
December 28, 2019
SAP BPC Review
BPC is used by our entire organization to do budgeting for the year. A BI team loads the data using custom SSIS components and a custom scripting language created by SAP. It addressed the problem of not being able to properly plan and consolidate financial information from disparate sources across the organization.
November 19, 2019
SAP BPC, the SAP product made easy for financial users
Currently we use both functionalities of SAP BPC: Planning and Consolidation.
- Planning: With BPC we manage the financial budget across all the business units of the Company. We configured standard interfaces with the GL of our ERP (SAP R3) so we can easily measure the actuals vs. the annual plan. With the use of the EPM add-in for Excel, the financial users can create, consume and share reports.
- Consolidation: With the interfaces from the General Ledger to BPC it is easy to acquire information (balances) for reporting purposes. Also, we have configured business rules such as inter-company eliminations, adjustments or journals, so by executing a package from the EPM add in for Excel the consolidation team has been empowered and there is no IT involvement in the process.
April 11, 2019
Comprehensive Features
The user interface is similar. It uses MS Excel so it is very adaptable. Internal and external reporting has been made super easy.
January 17, 2019
An excellent system for planning budgets and goals
The use of BPCs within the organization of one of my clients has been fundamental to allowing highly skilled users in the area of business intelligence (professionals or very practical users in the BI sector) go into detail regarding well-defined processes of cost saving, reorganization of the company budget, and the restructuring and optimization of resources.
September 26, 2018
SAP BPC
SAP 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.
May 18, 2018
SAP BPC is Dying
SAP BPC is used to support financial consolidations by Accounting team and for budgeting & forecasting (Capex, Headcount, Opex, Integrated Financial Planning) by FP&A team. It is used across the whole organization.
April 10, 2018
SAP BPC Review
Our 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.
March 27, 2018
BPC MS general reveiw
We use BPC in our planning and forecasting for FP&A and consolidation for corporate reporting; as far as I know, we also use it for our international distribution.
March 23, 2018
Benefits of BPC
My 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.
We 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.
March 21, 2018
SAP BPC, it’s OK
We primarily use BPC as the consolidation and external reporting software. We have a basic planning implementation to support reporting. Data entry is primarily integrated from ECC with some topside entries made by corporate at the business level. Plans are entered at a business level directly into BPC via forms or pulled in from ECC.
March 14, 2018
BPC Story - Baby Steps to Success
At the World Bank Group (WBG), SAP Business Planning and Consolidation (BPC) is used as a corporate performance management system to enable financial planning and management and to support the budget processes across IBRD, IFC, and MIGA.
March 13, 2018
BPC Planning & Consolidation based on MS Review
BPC is being used for consolidation purposes. It is being used by Finance Controllers. First all P&L trial balances from all sites are uploaded with a flat file coming from SAP at month-end. Then with input schedules the flows for B/S are being updated. The BPC team analyses if there are no significant variances or changes in mappings and then runs the consolidation process within BPC. A major issue with BPC is that there are still a lot of manual steps done by users and very little script logic is used in BPC to automate month-end process.
March 09, 2018
Dynamic Tool - BPC
We use BPC for consolidations and eliminations for SEC filings as well for projections and forecasting. It allows for one source of the truth for month end reporting. Only accounting and finance employees have a BPC license. Financial statements and other reporting is pushed to our field users (GMs, VPs, etc).
March 06, 2018
SAP BPC answers the mail
SAP BPC is used by the finance function across the enterprise. It provides a planning solution for finance users for their revenue forecasts for the current year, next year, and five-year planning. BPC allows us to plan, consolidate and report our forecasts internally and externally.
March 05, 2018
Why BPC?
BPC Planning is used as a global financial planning and consolidation tool across all business units. It reduces the cycle time of rolling forecasts and brings accuracy and reliability to the forecast data. It eliminates manual work and the need to deal planning data in Excel. The workflow approval helps to improve the decision-making process.