Optimize Financial Performance Leveraging S/4HANA EPM/BPC

Category: SAP S/4HANA Posted:Jun 23, 2020 By: Ashley Morrison
Optimize Financial Performance Leveraging S/4HANA EPM/BPC

Businesses have leveraged Enterprise Performance Management (EPM) technologies to enhance profitability by bringing significant improvement in financial and operational insight. With Enterprise Performance Management (EPM), improved operability, and reduction of the expense of ownership with direct integration into SAP S/4HANA platform, offers integrated analytics solutions.

This method is based on knowledge, experiences, best practices in your industry, and approaches using pre-packaged content Starter Kits and pre-configured applications supporting the BPC components.

Infogility’s SAP EPM/BPC practice offers an implementation project Toolbox with proficiency, experiences, best practices in your industry, a technique utilizing pre-packaged content Starter Kits, and pre-configured applications sustaining the BPC components.

Infogility advocates an integrated and collaborative technique working with our clients by lining up the best metrics and also connecting the behaviors and activities of the workforce based upon the metrics required for your business. Our experienced project team will certainly give new insights by accelerating solution delivery and optimize the frequently costly “discovery” processes.

Infogility’s Assessment Service

One of the first steps in undertaking an EPM/BPC implementation is to evaluate the readiness of the company for that implementation. As the leaders in SAP EMP/BPC and Finance Transformation, our specialists have developed a comprehensive process to help you answer your question and to specify your roadmap and business case when it comes to specifying your implementation strategy and requirements.

Infogility’s Implementation Methodology

Our Approach is based on Best Practices, yet we build your solution based on the Target state defined on our robust assessment process along with not dredging history relating to old methods of doing things. We utilize our experiences, and our method with pre-packaged content, Starter Kits, and pre-configured applications.

Since the major difference between individual customers should primarily be their data and master data, those are the only actual areas where a current state analysis is performed- the ‘how’ or ‘why’ relating to the current system is mainly overlooked for the standard service’s processes to provide our customer with an integrated and optimized solution.

The EPM systems are typically very flexible with several tools, utilities, and simplified scripting features, that usually do not require programming to satisfy these various needs by allowing the creation of a custom solution. Infogility’s methodology analyses only the GAPs between the standardized procedure and the requirement to help define what does/does not work for the consumer, and explains the pros/cons and likes/dislikes regarding the existing system to ensure prior advantages are carried forward as well as limitations are prevented.

SAP EPM Solutions- SAP EPM Incorporated in S/4HANA

SAP S/4HANA EPM Solution gives organizations the tools they require to help them specify, systematize, insight, as well as communicate to provide an integrated platform that is both rich and flexible supporting financial user interfaces and workflows. It allows deployment on a single system with access to real-time to master data, planning, and actuals (universal journal) from S/4HANA Finance with a single end to end EPM procedure.

  • Combine strategy management, planning, profitability analysis, financial consolidation, and disclosure management features in a single solution.
  • Common interfaces throughout procedures, leveraging mobile, Web, as well as Microsoft Office (Excel) for better efficiency throughout the company- in finance and beyond.
  • Embed transactional processes in SAP for real-time performance management, and offer a stand-alone platform for ERP software other than the SAP ERP application and heterogeneous environments.
  • Collecting, evaluating, planning, forecasting, and reporting on Big data without waiting.

SAP Cloud for Analytics and Planning

EPM on the Cloud is the embedded integrated solution offering an SAP Digital Boardroom where executives can obtain real-time insights and replicate actions. SAP Cloud for Planning is built on the advanced high-performance SAP HANA Cloud Platform, which means that your EPM solution uses a close integrated embedded financials, analytics, and planning solution allowing and integrating your analytics solutions. This enables organizations to make faster and better decisions by eliminating wait times through the power of the SAP HANA platform. SAP Cloud for Planning is based on the new SAP Fiori user interface design so that the dashboards and visualizations have the very newest look and feel.

With cloud analytics, you can discover your data and create visual insight consisting of KPIs, visualizations, simulation, and drill-downs including planning with what-if and predictive aspects utilizing your Boardroom design to correspond to your business need and functional underlying analytics solution.

Benefits of Planning  and Consolidation with SAP EPM/BPC

  • Better decision-making sustained by what-if scenarios.
  • Enhanced insight with clearly specified duties.
  • More accurate planning with much less effort.
  • Shorter cycle times accelerate closings and financial statements.
  • Flexible, real-time planning with SAP HANA.

Bottomline

This method is based on knowledge, experiences, best practices in your industry, and approaches using pre-packaged content Starter Kits and pre-configured applications supporting the BPC components.

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