Integrated BI/Forecast Analysis/Budget Planning SolutionSAP Analytics Cloud
Overview
SAP Analytics Cloud (SAC) is a cloud-based solution that integrates BI, forecast analysis, and budget planning functions.
Among these, the budget planning function not only allows a variety of data input, but also allows data linkage with SAP S/4HANA and other systems. We integrate budget/actual data on the cloud and help streamline budget management operations across the group.
A comprehensive corporate budget management process, from budget planning to forecasting, can be achieved in the cloud. It enables both top-down and bottom-up budget planning by making full use of functions such as allocation/apportionment and version control, as well as various data input formats.
Data integration with SAP products allows for real-time forecasting and management, as well as the ability to designate systems and data files outside of SAP products as data sources.
Templates (business contents) for each industry/sector are also available for immediate use simply by linking to the data source, and are updated and added to quarterly.
Features of SAC
- Version control
- Workflow/task management linked to calendar
- Implementation of copy and calculation logic (data action)
- Multi-level allocation/allocation
- Budget simulation (value driver tree)
- Authority management (data lock and access control)
- Various input formats (automatic aggregation, automatic apportionment, bulk data input, etc.)
- Comment input (can be performed from data unit)
- Data linkage with other systems (SAP/non-SAP) and files
- Currency conversion
- Data model/creation of input screen (story) on the cloud
- Templates for each industry/industry (business content)
Benefits
By centrally managing forecast and actual data on the cloud, visualization of information is improved and the necessary information can be checked at the necessary timing, leading to faster decision-making.
Using a calendar, you can manage tasks and workflows for each worker on the cloud, and simplify work by introducing various input formats and data actions, making the overall budget management work more efficient.
By making full use of forecast planning and analysis functions, it is possible to perform time-series analysis and simulations along KPI trees, improving the accuracy of budget planning.
From a single input screen, you can not only limit the input range with data access control for each authority, but also easily create and set permissions for reading and updating in detailed units such as data models and stories, making data management more robust.
Integrated Financial Planning
Integrated Financial Planning (IFP), one of the business contents provided by SAC, uses SAP S/4HANA data to create and simulate B/S and P/L budgets.
Since the budget planning input screen and various calculation functions are included in advance, the system can be used only with data linkage, but it is also possible to expand functions tailor-made for each company.
B-EN-G Consulting Services
At B-EN-G, we have been researching SAC's predictive functionality while leveraging our experience in providing solutions focused on budget management using SAP BPC.
While listening to the customer's business environment and tacit knowledge of budget planning and adjustment know-how, we consider together what the causes of the gap or coincidence between the budget and actual results are, and how to handle them. We aim to improve the efficiency and sophistication of our customers' budget management operations.