SAP BPC (Business Planning and Consolidation)
Consolidate your books for better and improved business outcomes.
Finance is a key function in every type of organization, small to medium to large. They handle cash flows within an organization and are intertwined with all the other business functions. This makes their internal processes quite complex as well as extensive. However, on the other hand, they need to be on their toes to provide accurate data to top management and senior executives, at any time point of time. All financial reports should be categorically organized to forecast profits and plan budgeting. In reality, most companies struggle with multiple format of invoices, vouchers and manual papers. Closing books by consolidating disparate financial data into a unified format that is easily consumable is a real challenge.
SAP Business Planning and Consolidation is a suite that is developed to help finance professionals close books faster and consolidate financial reporting processes. It provides a unified view of financial & operational data and streamlines internal processes. By deploying BPC, it is possible to build what-if scenarios models, predict business outcomes and plan financial budgets. It also helps companies to comply with regulatory and financial standards.