SAP BPC: Providing everything in one package.
SAP BPC (Business Planning and Consolidation), SAP’s flagship product for planning, budgeting, forecasting, and both legal and management consolidations, assures seamless integration of the different financial processes within your organization. Thanks to this, you speed up your processes, reduce potential errors and gives you time to focus on your core business.
Strategic Planning helps management team to formulate its vision, mission, core values, and objectives. The team develops strategic plans to uphold its competitive advantage in the marketplace.
Budgeting is not only a prediction of future results. It is also a plan of actions and expected operations of the organization over the next year. BPC will ensure budgets are done for proactive management and measurement of corporate performance.
Reporting ensures performance progress is monitored, problems are anticipated, and continuous improvement efforts are promoted.
Forecasting is the act of predicting outcomes. It is done throughout the year to reflect changes that have occurred both in the internal and external environment. It determines how the internal or external environment impact on the original plans and budgets. The main objective of this EPM tool is to provide more accurate information for less risk management planning and decision making.