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SAP Business Objects Planning and Consolidation (formerly Outlook Soft) is a corporate performance management tool that can cater for all types of planning and forecasting, from simple small processes to complex multi-layer processes, while also providing consolidation and easy to use reporting.

In a tough market, the pressure to get SAP Business Planning and Consolidation (BPC) right is all the more intense. Uncertain times demand more of organizations financial systems, as they call for complex data analysis and scenario planning.

SAP BPC is the financial management element of the enterprise performance management cycle. It entails business planning and forecasting, the reporting of actual performance data and both management and group consolidation.

SAP BPC should never be based on trial and error. It should be a fast, efficient and simple process. Yet, the opposite is often the case: BPC can be a time-consuming, resource-intensive and in many cases painful exercise.

Most crucially, BPC needs to be accurate. Robust processes allow companies to exploit opportunities and respond quickly to changes in the business environment. Inversely, ineffective planning, forecasting and consolidation put them at risk of losing competitiveness – or worse.

Effective BPC, supported by efficient planning, forecasting and consolidation systems and tools, will enable organizations to:

Align planning and forecasting to strategy

Define planning requirements more precisely and consistently

Improve planning and forecasting accuracy

Reduce planning and month-end financial close cycles

Achieve a more granular view of performance

Inform better decision-making

Centralize and streamline financial management

Simplify compliance and reporting

This will mean increased productivity, reduced cost and enhanced profitability. And, perhaps most importantly, it will put organizations in a stronger financial position to achieve their strategic objectives.

Principle InfoTech offers world class consulting services for SAP EPM 10.0/BPC, we also offer migration services, upgrade and support services. All our clientele experiences best in class service with in the allocated budget with quality and in time being the priority. Principle InfoTech also implements SAP BPC on HANA.

About Principle InfoTech:

Founded in 2009, Principle InfoTech is an award-winning Company with a 150 strong workforce located across Asia-Pacific, USA and Africa. Headquartered in the Houston, TX, USA and offices across all the major countries like India, Singapore, Africa, UK, the company offers solutions and services that span the range of ERP (SAP, Oracle etc.), Project Management and mobility – with specialized practices that focus on emerging Industries. Principle InfoTech is Gold Partner for SAP and Oracle. Principle InfoTech specializes in offering its solutions in the space of analytics and in memory solutions, termed as future.

Content for SAP HANA:

SAP HANA is an in-memory data platform that is deployable as an on premise appliance, or in the cloud. It is a revolutionary platform that’s best suited for performing real-time analytics, and developing and deploying real-time applications. At the core of this real-time data platform is the SAP HANA database which is fundamentally different than any other database engine in the market today.

SAP HANA is a reinvention of the database which is designed to take advantages of the changes in technology in the last 30 years.

Depending on your business, SAP HANA is either a plug-in replacement for your existing Oracle, Microsoft or IBM database – or a technology platform on which to build or buy revolutionary new business applications.

What is the difference between SAP HANA and SAP?

What most people call “SAP” is SAP’s Enterprise Resource Planning Software (SAP ERP), which runs businesses Finance and other back-office processes. SAP ERP can use the HANA platform as its engine (instead of Oracle/IBM/Microsoft databases).

SAP HANA is an application platform, but with significant capabilities not matched elsewhere in the market. It can be used as the database for SAP ERP, or for many other uses.

What are the advantages of SAP HANA?

The main advantage of SAP HANA is that because it is very fast, you can build much simpler software that relies on one copy of information. Traditional software relies on layers of information which are copied at different levels of detail to present information the correct format.

With HANA, your information is stored once, and then the report or response that you requires is calculated on demand.

This mean that a country-level P&L report is produced from the individual sales and costs in real-time, or that a forecast is produced based on the latest available information.

This, in turn, leads to a massive simplification in software design and cost.

SAP BW on HANA:

SAP has made it very clear that SAP HANA is the platform for innovation for all of its products, and so we see a lot of customers looking to define an in-memory strategy. One of the reasons why SAP BW is such a popular component is that it represents a first step for many companies, into implementing the HANA platform.

BW is a good choice because it is less mission-critical than transactional systems like ERP and it allows companies with established people and processes to understand the technology, how to implement it and how to support it.

SAP BPC on HANA:

Running BPC on a SAP BW on HANA platform removes the constraints and comprises associated with traditional SAP BPC solutions. Reporting on greater volumes of data is possible, leading to the ability to budget and forecast at a more granular level. With the latest version of BPC, calculations are pushed down into the database layer, enabling more complex planning model calculations to be performed in real-time which unleashes a whole host of opportunities.

Principle InfoTech offers world class consulting services for SAP HANA, and is one of the first implementers of SAP HANA to the fortune 500 company. Principle InfoTech also offers migration services, upgrade and support services to all the versions of SAP HANA. All our clientele experiences best in class service with in the allocated budget with quality and in time being the priority. Principle InfoTech also implements SAP BPC on HANA.

About Principle InfoTech:

Founded in 2009, Principle InfoTech is an award-winning Company with a 150 strong workforce located across Asia-Pacific, USA and Africa. Headquartered in the Houston, TX, USA and offices across all the major countries like India, Singapore, Africa, UK, the company offers solutions and services that span the range of ERP (SAP, Oracle etc.), Project Management and mobility – with specialized practices that focus

on emerging Industries. Principle InfoTech is Gold Partner for SAP and Oracle. Principle InfoTech specializes in offering its solutions in the space of analytics and in memory solutions, termed as future.