Why BPC?
March 05, 2018
Why BPC?
Score 8 out of 10
Vetted Review
Verified User
Software Version
SAP BW/4HANA Edition
Overall Satisfaction with SAP BPC (Business Planning and Consolidation)
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.
Pros
- Real time consolidation
- One Source of truth for Plan and Actual
- Powerful Predictive Analytics capabilities
Cons
- Multiple Architecture Solutions available for BPC could end up with wrong selection of the tool that may not be appropriate for the organization
- Need to procure additional software to compliment BPC (SAP Analytics for Cloud), the cost associated with additional license requirements
- Maturity and stability of the latest version
- Reduced Cycle time to perform Financial Planning and Consolidation
- Improved confidence on the forecast data
- Reduction in the cost of Finance Function
With S/4 HANA SAP, BPC blends very well, compared with other consolidation and reporting tools. The roadmap of BPC projected by SAP are promising with add on features to the product and integration with SAP S4/HANA and other visual analytics tools. The integration with SAP Analytics for Cloud is also great.
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