SAP is releasing SAP Business Planning and Consolidation (BPC) version 11.0 for SAP BW/4HANA, improving planning, budgeting, forecasting, financial consolidation, and reporting.
The latest version of SAP BPC supports more strategic decision-making and better results through accelerated insight to action and serves as a platform for finance transformation and innovation.
By integrating the aggregation and computing power of SAP HANA with SAP S/4HANA and SAP BW/4HANA, finance departments no longer require separate systems for transactions and analytics.
This simplified architecture eliminates data replication and reduces hardware and administration costs while allowing customers to perform real-time analysis and planning across entire ERP landscapes.
The latest release of the SAP BPC application provides simplified financial models in SAP BW/4HANA, streamlined data loading processes with the ability to load sources from across the enterprise and beyond, one product for planning and consolidation, faster planning and close cycles with calculations pushed down to SAP HANA, more detailed planning with no restrictions on granularity or calculations, improved scalability and performance via SAP BW/4HANA, increased openesss with the ability to incorporate data from cloud applications and other third party data sources, improved decision-making and a more complete view of the business leveraging Big Data, and extended reporting and analysis, and hybrid planning scenarios leveraging unique integration with SAP Analytics Cloud.
Users can seamlessly move their BPC data and models into the cloud for further planning, self-service visualization, and predictive analytics.
Finance departments can perform more in depth analysis by leveraging predictive functions on current data sets combined with potential business challenges and influences before running a budget or forecast.
Additionally, the business process flows in SAP BPC provide full integration to extend a hybrid planning process between SAP BPC and SAP Analytics Cloud.
The company is looking to further strengthen the integration in its Cloud Solutions in the future along with new updates and integrations to the HANA platform, according to Kirk Anderson, SAP VP.
For more information about this news, visit www.sap.com.