Working with Business Planning and Consolidation
October 20, 2017

Working with Business Planning and Consolidation

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Software Version

SAP NetWeaver Edition

Overall Satisfaction with SAP Business Planning and Consolidation

Integration with SAP data sources is very good.
Business Planning and Consolidation is used as a primary tool for business Planning and Consolidation. It is used across the whole organization. Users are from all corners of the world. Specially Managers and Business Analysts.

Business Planning and Consolidation helps to plan / outlook across the organization and thus helps the corporate finance team to quickly get the planning number for analysis and any potential corrective action.
  • Easy to use for business users.
  • Less need for involvement of IT
  • Quickly setup master data and transaction data to simulate any ad-hoc scenario
  • Single version of the truth enable fast, accurate management and statutory reporting.
  • Web interface (reports and input forms) have limited functionality
  • Difficult to maintain large dimensions
  • For database reads or complex logic, script logic may not be best and need to do ABAP coding
  • Before BPC, planning was done in silos across departments and geographies.
  • BPC combined the planning and removed all silos. Provided a tool for real-time planning and analysis for corporate teams.
  • With work status, BPC is able to control the changes to outlook data and thus able to close the plan as per schedule.
BPC is appropriate for a large organization with need for consolidated planning and external reporting.
BPC for NetWeaver is more appropriate for ECC as a source system, so that master and transaction data loads can be automated.

BPC for NetWeaver may not be appropriate for non-SAP source. As automation of master data and transaction data may not be possible.

SAP BPC (Business Planning and Consolidation) Feature Ratings

Long-term financial planning
8
Financial budgeting
Not Rated
Forecasting
8
Scenario modeling
8
Management reporting
7
Financial data consolidation
8
Journal entries and reports
7
Multi-currency management
8
Intercompany Eliminations
8
Minority Ownership
Not Rated
Local and consolidated reporting
8
Detailed Audit Trails
8
Financial Statement Reporting
8
Management Reporting
7
Excel-based Reporting
8
Automated board and financial reporting
7
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
8
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
Flat file integration
7
Excel data integration
7
Direct links to 3rd-party data sources
Not Rated