Overview
SAP Business Planning and Consolidation (BPC) is robust planning and
consolidation application that can meet the organization’s budgeting,
planning, consolidation and reporting requirements. It supports the
full-array of top-down and bottom-up financial and operational planning
needs as well as consolidation processes necessary to ensure the
smoothest, most timely financial close possible-all through a single
application. Industry’s first unified performance management solution
that delivers the following core process functionality:- Strategic Planning.
- Budgeting.
- Forecasting.
- Statutory Consolidation.
- Predictive and Reporting Analysis.
SAP BPC Course History
SAP BPC stands for Business Planning and consolidation as the name says
it is used for forecasting the business and as well preparing a
consolidated report keeping all the intricacies of the business in line.
The Current Version for SAP BPC is 7.5.SAP BPC is used to improve the access to business information in a faster way. BPC is used for cash reductions as well improving the existing standards of cash flow and stabilizing the financial risks of a company. The Highpoint about SAP BPC is that it can be easily integrated with Microsoft Excel.
How it Helps
How it Helps to Industry- In the coming years SAP BPC will be in a huge demand because there is a dearth of proficient Business Planners across the globe and that is where SAP BPC Consultant will help ease the process of complex business planning for companies no matter what domain they are in.
- Most of the business that is happening today is across varied geographic regions with their own languages and that is where SAP BPC Helps bridge the gap between these different languages viz., English, Chinese, French, Spanish etc.,. SAP BPC allows viewing and storing information in multiple languages.
- SAP BPC can be integrated with Netweaver, so there is a dual advantage of implementing SAP BPC, and that is either SAP BPC can be implemented or SAP BPC with Netweaver can also be implemented based on specific requirement.
- SAP BPC if seen from a Macro Viewpoint is used in the complete business scenario of a company which is Budgeting, Sales/Revenue Planning, Capital Expenditure planning, Staffing, Expense and Cash flow Planning, Legal matters so you can see BPC really is having its own unique importance.
- SAP BPC is an easy to use tool, with no complication whatsoever and SAP BPC is also known for its High-End Performance.
Implementation of SAP BPC
Effective Utilization of a Key Sponsor:
A Key Sponsor is the one who has a complete idea about the implementation of SAP BPC based on their company’s core requirements. A Key Sponsor is the one who not only understands his company from the inside-out, but as well understands the key aspects of implementing SAP BPC and how it is going to affect the company’s performance levels. A Key Sponsor is also called as a Key Decision-Maker who is fully responsible for successfully implementing SAP BPC in their organization.
Build an Internal Team:
Only a Key Sponsor cannot take the entire responsibility though he may have a complete overview about BPC, but still there is a team of required who can assess the parameters for implementing SAP BPC.The Internal Team on the basis of their knowledge, which means they should have some idea about BPC and how it is utilized in a Run-Time environment.
Identifying the Right Implementation Partner:
An Implementation Partner is the one who has a strong command on all the technical aspects of BPC, Which means he is in a position to provide numerous solutions for problems arising out of implementing SAP BPC. An Implementation Partner is considered to be a SAP BPC Consultant. When it comes to skillsets of a SAP BPC Consultant, it is directly related with the number of implementations he has carried out for various companies catering to different domains and that too successful implementations without any flaws whatsoever.
A Planned Activity is a must
Before starting the entire implementation activity, here is where the planning phase is initiated, in here factors like the BPC Consultant fees, scheduled time as in what will be the required time factor for implementing BPC, Cost and Quality aspects. Basically a Project Blueprint defining the key aspects are defined and then these aspects are broken down into phases. Right from the initial phase to the final phase all the activities are planned thoroughly beforehand itself.
Considering a Phased Approach
As we discussed in the previous step that the key aspects are broken down into phases, so in this step there will be more focus on the time required to completely execute each phase successfully. In this step every key point is considered which means what all key points are required for smooth transition of each and every phase in the entire implementation of SAP BPC.
Transfer of Knowledge
Here is where a BPC Consultant must be provided with the required knowledge as to what are the needs and requirements of that particular company. The key employees must provide the assistance and gradually work with the SAP BPC consultant. As the implementation progress the key employees should educate themselves about the entire implementation process taking vital inputs from the Consultant on a continual basis, so that after the implementation these Key employees can again transfer this knowledge to all the key users who are involved in using BPC.
Comprehensive Documentation
Once the implementation process is completed successfully, after that the key sponsor can ask the BPC Consultant to further train the employees if there is a need, as well demand for an exhaustive documentation which can be used in future as a reference manual.
Implementation Partners of SAP BPC
- VDart Inc.
- NTT DATA Inc.
- IBM, Wipro Technologies
- Infosys Technologies Ltd.
- Convex Inc., Capgemini
- Apex Systems Inc.
- Vistex Inc.
- Lawrence Harvey
- Accenture
- Hewlett-Packard Company
- ASM Technologies Ltd.
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