Oxygen and SAP BusinessObjects BPC
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Oxygen Thinking – SAP ERP6 New GL
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Oxygen and SAP BusinessObjects BPC (Business Planning and Consolidation) software help organisations streamline planning and consolidation to deliver improved data integrity and one source of truth.
By deploying SAP BPC, organisations can improve core financial management procedures.
Currently, many companies rely on manually intensive and time-consuming processes to meet their consolidation requirements. The time spent preparing financial statements often outweighs
time spent analysing the data.
Using SAP BPC organisations can unify consolidation to satisfy all necessary reporting requirements.
Budgeting and planning processes across organisations are often difficult to complete and fraught with error management problems. By deploying SAP BPC, organisations can leverage a collaborative assumption-based planning model that manages multiple versions and ensures there is a single organisation-wide view of the plan that everyone can agree on.
SAP BPC is unique in that it’s designed for all business users. It gives everyone personalised, role-based access to functionality that is:
- User focused: Familiar Microsoft Office applications, as well as an intuitive, 100% thin-client web interface, serve as native interfaces to the application.
- Process centric: One of the challenges facing finance departments is ensuring that staff and line-of-business managers follow consistent processes across the enterprise. Without the right process support in place, even small deviations can impact the reporting of key figures. Self-service business process-flows guide users through each step in a process. Business process-flows are automatically tracked and audited. The software comes with pre-packaged process-flows for common processes, based on best practices that business users can own and modify without help from IT.
- Forward looking: SAP BPC leverages historical operations and financial data to provide the most advanced predictive analytics in the industry. It automatically analyses data and proactively delivers critical information such as reasons and root causes. This enables users to make assessments of what’s happened in the past and risk-adjusted plans that improve future performance.
- Unified: The centralised data repository contains up-to-date actuals from operational systems in addition to plan data. This enables users to have instant access to a complete picture of how the business performed and how it is expected to perform, from the actual results posted last year to the plans and budgets for the coming year.
Strong engagement with key business stakeholders is important for the successful implementation of SAP BPC.
Oxygen teams business analysts with technical consultants to ensure the solution is configured to meet each organisation’s exact planning and consolidation needs.
