Business planning and consolidation wikipedia

History[ edit ] Reference to non- business performance management occurs[ citation needed ] in Sun Tzu 's The Art of War. Sun Tzu claims that to succeed in war, one should have full knowledge of one's own strengths and weaknesses as well as those of one's enemies. Lack of either set of knowledge might result in defeat.

Business planning and consolidation wikipedia

By using these tools to supplement your planning process, you get better forecasted results and participation organization-wide, and integration with BPC That data integration between BPC By analyzing past operational and external data to predict future financial results, you could get a much more objective and quite possibly more accurate look at your forecasted revenue or expenses, giving your leadership teams the ability to react to the market and make changes to your business to compensate.

BPC has traditionally been greatly coveted by the core accounting and finance user-base, who more or less spend their time in Excel, which is the main user interface for BPC.

But, for those folks outside of those areas, Excel is sometimes a dreaded necessity and would prefer some other way to interact with the solution.

Consolidation (business) - Wikipedia

It goes without saying that BPC There was a time in its infancy that BPC could not reasonably support millions of data records or thousands of dimension members, but those times have passed. These types of solutions would not be nearly as achievable without utilizing an in-memory database such as HANA as the underlying technology.

Not only are there fewer development objects available—making it simpler—but the interface is much more appealing and user friendly. Moving to the cloud can help control and reduce cost of ownership of traditionally on-premise solutions such as BPC.

You will see a demo, discover the integration capabilities between BPC To read more about considerations and benefits of BPC Click here to register.The SAP Business Planning and Consolidation (SAP BPC) application delivers planning, budgeting, forecasting, and financial consolidation capabilities, so you can easily adjust plans and forecasts, speed up budget and closing cycles, and ensure compliance with financial reporting standards.

SAP Business Planning & Consolidation (BPC) for S/4HANA provides a consistent view of the planning process. From the UI perspective, all planning applications can be accessed by a Microsoft Excel front-end to provide a homogeneous look and feel.

In this book, take a look at planning, budgeting, forecasting, and consolidation, as well as the basics in object modeling. Our website uses cookies to facilitate a consistent shopping experience and to generate statistical Edition: 4th, Updated And Revised Edition.

SAP BPC | SAP Business Planning & Consolidation SAP BPC is a component of SAP EPM portfolio, an application dedicated to financial processes on a unified platform.

Owned by the business and designed for the end user, it is the target environment to support planning, consolidation and . OutlookSoft Corporation was a Stamford, Connecticut based software company with products for business performance management including planning, consolidation, forecasting, budgeting, dashboards, predictive analytics and reporting.

business planning and consolidation wikipedia

sap® business planning and consolidation , version for sap netweaver, powered by hana starter kit for usgaap, sp03 release note.

SAP Business Planning and Consolidation (BPC) | SAP PRESS Books and E-Books