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SAP BPC OVERVIEW BY Magnific Online Training

SAP BPC OVERVIEW BY Magnific Online Training Call: + 91-9052666559 or 9052666558 http://www.magnifictraining.com Email : info@magniictraining.com. 1. Planning & Budgeting with SAP BPC. Agenda. Introduction of SAP BPC(EPM 10 NW) Fundamentals of BPC BPC Architecture & Administration

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SAP BPC OVERVIEW BY Magnific Online Training

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  1. SAP BPC OVERVIEW BYMagnific Online Training Call:+91-9052666559 or 9052666558http://www.magnifictraining.com Email : info@magniictraining.com 1

  2. Planning & Budgeting with SAP BPC www.magnifictraining.com

  3. Agenda • Introduction of SAP BPC(EPM 10 NW) • Fundamentals of BPC • BPC Architecture & Administration • Reporting in BPC • Integration of BW to BPC • BPF, Work Status www.magnifictraining.com

  4. How BPC evolved? In 2004, SAP decided to create a next generation planning solution called Integrated Planning (BW-IP), which would be the successor of BPS. It looked like it would be a strong solution. However impressive , the technical advantages of BW –IP only solved part of the equation; the reality was that many businesses were growing tired of IT departments having to own and maintain planning and consolidation solutions with IT support, not ownership. In 2007 SAP formed a new organization focused on the business user. So a Enterprise Performance Management team was launched under this area to address the needs being expressed by the CFO suite. So EPM team evaluated potential acquisitions that had the desired ease-of-use and simplicity, and discovered them with Outlook Soft. The user environment was native Excel, which Finance users live and breathe by. www.magnifictraining.com

  5. How BPC evolved? • Members of Outlook Soft and SAP were summoned to SAP headquarters in Waldron. A business scenario was created and two teams were formed. The first was SAP and included BW experts, ABAP developers, web application development members and finance personnel. In the other corner was the Outlook Soft team made up of a couple finance users with no data warehousing or development skills. The two teams split up and started building their planning applications using the two different solutions, BW-IP and Outlook Soft. After thirty minutes, the Outlook Soft team came back with the completed application; it took SAP team over six hours to build the same application using BW-IP. This sealed the deal within SAP and the acquisition of Outlook Soft gave SAP the best user experience in the industry, planning and Consolidation in one product. The rest is history. www.magnifictraining.com

  6. Concepts of Planning Planning :It involves thinking ahead and formulating a set of activities you will execute in future; in other words, it is the process of modeling or projecting future business activities. It is on high level. Budgeting :It is the process of allocating resources once the planning process is approved and accepted by the company’s management. It is on detail level. www.magnifictraining.com

  7. Concepts of Planning • Forecasting :It deals with the realization of the plan, and is used as a monitoring mechanism to facilitate the success of planning. Business environments do not remain the same – what was planned yesterday may not be same today. It is done during the course of the current budget year with a key objective to provide visibility on the current state of the business in a timely manner so that corrective action can be taken when there is significant difference between the current state of the future and what was planned for during the planning process. www.magnifictraining.com

  8. Concepts of Planning “People do not plan to fail, but they fail to Plan”. • The planning, budgeting and forecasting concept is critical to the success of the corporation. Common error is the fact that they didn’t plan enough and didn’t plan proactively. • Its very difficult to plan, budget, or forecast in an accurate, timely and consistent way. www.magnifictraining.com

  9. Concepts of Planning • Planning is not like consolidations, where someone else (GAAP or IFRS rules and regulations from the government) is telling you how to do it and when to do it, the consolidation process. • Planning process is done on its own and is somewhat unique to the different industries. • Planning process is the lifeblood of the short-term and long-term revenue stream of a corporation and the overall income/expense process within a corporation. www.magnifictraining.com

  10. Concepts of Planning - Planning Horizon The Planning horizon determines the time frame for planning. Planning horizons are divided into Short Term Planning: The planning time frame in short term is usually a year or less. Business use this when it has clear cut goals such as cutting costs, increasing labor productivity by freezing new hires and effectively training the work force. www.magnifictraining.com

  11. Concepts of Planning - Planning Horizon Medium Term Planning: It covers a period of one to three years. Business uses this when it plans to increase market share in a particular segment of the business. Long Term Planning: When the duration of planning exceeds more than three years. Business uses this when there is a long gestation period between initial investment and final realization of sales and profits especially in Manufacturing industries or Infra Structure industries. www.magnifictraining.com

  12. Concepts of Planning - Planning Types Operative Planning: It is used for short term and is generally conducted at company’s operational level. It rely on a bottom-up planning approach. Employees at the bottom level of the hierarchy may be a part of the planning process to make it successful. www.magnifictraining.com

  13. Concepts of Planning - Planning Types Tactical Planning: It is associated with planning for the medium term and is generally conducted at company’s divisional level. Company’s Mid level management plays a vital role. Strategic Planning: It is associated with the planning for the long term and is generally conducted at the Organizational level. Company’s Management usually plays a major role in this type of planning. www.magnifictraining.com

  14. Concepts of Planning - Planning Types www.magnifictraining.com

  15. Concepts of Planning - Planning Areas Planning is a generic function applicable to all area of business. Finance: • Liquidity Planning : focuses on planning for maintaining optimal cash flow to be able to run the business. For AR and AP estimation. • Cost Center Planning : is done for operational, non operational, and capital expenditure costs the company will incur at various cost center levels. • Asset Planning : is concerned with the planning for the purchase of new assets and the disposal and maintenance of existing assets, based on the company’s objective. • Profitability Planning : determines profitability by identifying sales revenue and costs that will be incurred in the future. www.magnifictraining.com

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