Understanding SAP BPC
SAP Business Planning and Consolidation (SAP BPC) application mainly helps in planning, budgeting, forecasting, and financial consolidation capabilities for businesses, so you can easily adjust plans and derive accurate forecasts, speed up the current budget and decide on closing cycles, and also ensure compliance with financial reporting standards.
Some of the key advantages of using SAP BPC are:
- On-premise and cloud deployment both are available
- Easily Integrate SAP and non-SAP data
- Real-time access to data in SAP S/4HANA
- Better Hybrid deployment with SAP Analytics Cloud
- Various versions available for SAP BW/4HANA, SAP NetWeaver, or the Microsoft platform
Some unique features which SAP BPC provides are:
l Unified Planning and Consolidation: SAP BPC is time-efficient and also reduces a huge amount of errors with a single, integrated software solution for business planning and consolidation.
It also allows for Microsoft Office and Web Reporting
- Engage stakeholders across finance and throughout the enterprise with Microsoft Excel, HTML5, and enhanced visualization through SAP Analytics Cloud.
Budgeting and Forecasting are made quite easy
- Use what-if modeling and scenario planning to assess budget suitability in real-time. You can also build forecast models and quickly update and adjust forecasts as needed.
SAP BPC has a Built-In Financial Intelligence
- Automate aggregations, allocations, and other manual processes to speed up planning cycles while running what-if scenarios to identify quick course corrections.
Legal and Management Consolidations
- Deliver a fast and accurate close by automating the consolidation process. You can meet all financial reporting requirements, including a complete audit trail.
SAP S/4HANA Integration
- SAP Business Planning and Consolidation is embedded within SAP S/4HANA on-premise, enabling the real-time plans to actual analysis and consolidations.
Hybrid Planning with SAP Analytics Cloud
- Extend SAP Business Planning and Consolidation with additional visualization, enhanced planning, and predictive capabilities with SAP Analytics Cloud.
Here are some of the features of working SAP BPC with Netweaver:
Star Schema for Exceptional Reporting − SAP BPC uses NW InfoCubes to store the data. The dimension model used is extended star schema so it makes BPC with an NW system and an exceptional system for reporting.
No Database Dependence Version − BPC NW version is not dependent on any database version and can run common databases like DB2, Oracle, SQL Server, etc.
BW Accelerator Support − SAP NetWeaver BW accelerator tool is an additional feature that can be used to enhance the performance of reporting in the system, even if you are using large datasets. It indirectly helps in saving the cost for a company as less number of performance issues are reported.
BAdI Development and ABAP Support − SAP BPC with NetWeaver allow you to use ABAP programming to develop K2 script logic. It enables to the creation of business add-in BAdi interface in the back-end system, which can be called later from script logic developed in the BPC system.
It helps in solving the complex business requirements and to reduce the development time for an organization.
SAP BPC Objects
- Client Interface
- Web Server and .NET Application Server
- SAP NetWeaver Application Server
- Database Server
Latest Advancements of SAP BPC:
The latest development in SAP BPC would be the latest Product version 10.0, SAP Netweaver and also the release of Area CPM-BPC
How much does an SAP BPC Expert earn and what is the career path?
The average pay scale of an SAP BPC developer would be $80-$100k and the career path of an SAP BPC developer is excellent with the rising need in this field and in the business point of view learning SAP BPC would be a plus with the field of business development which is significant in any organization.
GoLogica’s part in upskilling SAP BPC:
With GoLogica, SAP BPC Training one can excel in the field of Business Management, Development, and other related fields. The flexible training patterns like weekend classes, Fastrack classes, and also day-to-day classes one can easily complete this course and get placed with ease. With syllabus up-gradation with each and every update in the tool you would not miss a topic in the training sessions. Along with the training you would be given access to the training videos for lifetime, and kind of support during the training also. Training with lots of live assessments and practical problem-solving techniques. This you not seem as a training session than more like a practice session. This kind of training helps you to be job-ready and also confident in facing different scenarios pertaining to SAP BPC.