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.
Course History
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.
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 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
Implementation of SAP BPC
There are basically seven Key Steps to Implement SAP BPC in
a particular organization:
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.
Clients of BPC
1.
Implementation Partners of SAP BPC
2.
VDart Inc.
3.
NTT DATA Inc.
4.
IBM, Wipro Technologies
5.
Infosys Technologies Ltd.
6.
Convex Inc., Capgemini
7.
Apex Systems Inc.
8.
Vistex Inc.
9.
Lawrence Harvey
10.
Accenture
11.
Hewlett-Packard Company
12.
ASM Technologies Ltd.
