In the 1 10.0 release, both SAP BusinessObjects Planning and Consolidation and SAP BusinessObjects Financial Consolidation boast enhancements that help customers achieve regulatory compliance and a timely, accurate, and risk-free financial close faster and at a lower cost.
This release also brings the important launch of SAP BusinessObjects Disclosure Management and SAP BusinessObjects Notes Management. These solutions, which were acquired from cundus AG at the end of 2010, help organizations manage the “last mile of finance” with capabilities to collate and organize all the diverse data needed for creating financial reports and filings — including XBRL filings.
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Showing posts with label EPM. Show all posts
Showing posts with label EPM. Show all posts
May 10, 2011
3 ‘Betters’ with SAP BusinessObjects EPM 10.0
Soon after its acquisition of Business Objects, SAP put a bold stake in the ground, quickly rolling out an EPM roadmap for the short and medium term that helped both existing and prospective customers understand how the newly named portfolio would evolve. The first two deliverables were the successful release of SAP BusinessObjects EPM 7.0 and 7.5, which focused on harmonizing the EPM solutions to common standards, improving integration and data management with the SAP BusinessObjects Business Intelligence (BI) suite, SAP ERP transaction systems, and SAP NetWeaver Business Warehouse (SAP NetWeaver BW), as well as adding a multitude of individual functional enhancements. Fast-forward to today, and SAP BusinessObjects EPM 10.0 has arrived. This release focuses on three “betters,” if you will: a better user experience, better capabilities, and better content.
SAP BusinessObjects EPM 10.0 solutions present a plethora of customer-driven enhancements and innovations, but the major user-experience benefits of this release are twofold:
Another new piece of customer-driven functionality can be found in SAP BusinessObjects Profitability and Cost Management 10.0, with the addition of bill of materials (BOM) functionality. This allows manufacturers to quickly and easily allocate costs to complex, tiered bills of materials, enabling them to not only better understand the fully absorbed costs of assemblies and sub-assemblies, but also simulate costs based on revised recipes and material costs. A further enhancement in SAP BusinessObjects Profitability and Cost Management 10.0 that will save model builders considerable time is the ability to choose between account line or cost center — at any level of the hierarchy — when determining the primary dimension for cost assignments. This enables model builders to assign every line item in a cost center in a single pass, simply doing manual overrides for exceptions.
Important new functionality has been added to other applications in the SAP BusinessObjects EPM portfolio, as well.
In SAP BusinessObjects Strategy Management, for example, initiatives can now be grouped according to type and functionality for subjective assessments. Also, as companies strive to both become more agile and deliver more predictable performance, new functionality is available for planning and budgeting. The best-in-class planning capabilities of SAP BusinessObjects Planning and Consolidation have been extended to facilitate “risk-adjusted planning,” where revenue at risk, cost exposure, and mitigation expenses assessed in SAP BusinessObjects Risk Management can be integrated into forecasts and budgets to improve accuracy and provide a more transparent understanding of financial and operational risks. The 10.0 solutions further highlight SAP’s investment in differentiated planning capabilities and build on the earlier introduction of the SAP BusinessObjects Strategic Workforce Planning built on SAP High-Performance Analytic Appliance (SAP HANA).
Although performance management solutions are proving their worth in the continuing economic uncertainty, there is growing pressure for quicker, lower-cost implementations that leverage best practices — and SAP recognizes that. This release addresses these needs with an increasing number of content-based offerings, including analytic applications and starter kits for lines of business and industries. This pre-packaged content helps customers rapidly implement best-practice methodologies and gain quick time-to-value.
SAP’s aim — and slogan — is to help companies “run better,” and the 10.0 release of the SAP BusinessObjects enterprise performance management portfolio reinforces that message with the three “betters” — a better user experience, better capabilities, and better content — continuing the momentum that has enabled SAP to progress rapidly to a leadership position in performance management. SAP BusinessObjects EPM 10.0 will be launched in North America at SAPPHIRE NOW in Orlando, Florida,May 15–18, and in EMEA at the SAPInsider Financials 2011 event in Amsterdam, The Netherlands, June 7-9.
CFOKnowledge.wordpress.com – http://cfoknowledge.wordpress.com/2011/03/14/3-betters-with-sap-businessobjects-epm-10-0/
SAP BusinessObjects EPM 10.0 solutions present a plethora of customer-driven enhancements and innovations, but the major user-experience benefits of this release are twofold:
- Ease of use through a new web-based user interface Easier integration with Microsoft Office tools. The new, harmonized, web-based user interface is both more intuitive and easier to work with, giving all the applications a modern look and feel . Besides helping business users and model builders be more productive, it will also provide them with a greater range of options in creating and consuming reports. But business users will always want to use familiar tools for exploring and gaining insight into data, and accordingly, each solution in the SAP BusinessObjects EPM 10.0 portfolio comes with a new EPM add-in for Microsoft Office. The add-in provides business users with the capability to analyze data from one or more SAP BusinessObjects EPM applications using familiar, easier-to-use Microsoft Office tools (Excel, Word, and PowerPoint), for greater insight and understanding of the data underlying organizational performance.
- To add to the improved user experience, SAP BusinessObjects EPM 10.0 solutions integrate even more easily with the 4.0 release of SAP BusinessObjects BI solutions via the BI workspace, with enterprise information management tools being more closely embedded in the BI tool. More specifically, users can now create BI workspaces with EPM and BI content in a single dashboard.
Another new piece of customer-driven functionality can be found in SAP BusinessObjects Profitability and Cost Management 10.0, with the addition of bill of materials (BOM) functionality. This allows manufacturers to quickly and easily allocate costs to complex, tiered bills of materials, enabling them to not only better understand the fully absorbed costs of assemblies and sub-assemblies, but also simulate costs based on revised recipes and material costs. A further enhancement in SAP BusinessObjects Profitability and Cost Management 10.0 that will save model builders considerable time is the ability to choose between account line or cost center — at any level of the hierarchy — when determining the primary dimension for cost assignments. This enables model builders to assign every line item in a cost center in a single pass, simply doing manual overrides for exceptions.
Important new functionality has been added to other applications in the SAP BusinessObjects EPM portfolio, as well.
In SAP BusinessObjects Strategy Management, for example, initiatives can now be grouped according to type and functionality for subjective assessments. Also, as companies strive to both become more agile and deliver more predictable performance, new functionality is available for planning and budgeting. The best-in-class planning capabilities of SAP BusinessObjects Planning and Consolidation have been extended to facilitate “risk-adjusted planning,” where revenue at risk, cost exposure, and mitigation expenses assessed in SAP BusinessObjects Risk Management can be integrated into forecasts and budgets to improve accuracy and provide a more transparent understanding of financial and operational risks. The 10.0 solutions further highlight SAP’s investment in differentiated planning capabilities and build on the earlier introduction of the SAP BusinessObjects Strategic Workforce Planning built on SAP High-Performance Analytic Appliance (SAP HANA).
Although performance management solutions are proving their worth in the continuing economic uncertainty, there is growing pressure for quicker, lower-cost implementations that leverage best practices — and SAP recognizes that. This release addresses these needs with an increasing number of content-based offerings, including analytic applications and starter kits for lines of business and industries. This pre-packaged content helps customers rapidly implement best-practice methodologies and gain quick time-to-value.
SAP’s aim — and slogan — is to help companies “run better,” and the 10.0 release of the SAP BusinessObjects enterprise performance management portfolio reinforces that message with the three “betters” — a better user experience, better capabilities, and better content — continuing the momentum that has enabled SAP to progress rapidly to a leadership position in performance management. SAP BusinessObjects EPM 10.0 will be launched in North America at SAPPHIRE NOW in Orlando, Florida,May 15–18, and in EMEA at the SAPInsider Financials 2011 event in Amsterdam, The Netherlands, June 7-9.
CFOKnowledge.wordpress.com – http://cfoknowledge.wordpress.com/2011/03/14/3-betters-with-sap-businessobjects-epm-10-0/
SAP BOBJ EPM 10 - NEWS
At the annual SAPPHIRE NOW 2011 conference next month, SAP will announce SAP BusinessObjects Enterprise Performance Management (EPM) 10. This release brings together several BusinessObjects acquisitions under the same branding.
This has not been an easy task. EPM 10 is the result of multiple acquisitions BusinessObjects made in the financial management space before the merger with SAP:
In addition, other features of EPM 10 include SAP BusinessObjects Financial Information Management (FIM), which bridges information from SAP and non-SAP sources and EPM applications.
Other nonfinancial, operational applications in EPM 10 include SAP BusinessObjects Spend Performance Management (formerly Spend Analytics) and SAP BusinessObjects Supply Chain Performance Management.
The first thing users should see with EPM 10 is a more consistent look and feel, particularly with the SAP NetWeaver versions of the main applications in the financial space. Each has a more consistent browser-driven user interface that makes process flows -- such as moving between SAP BusinessObjects Strategy Management and SAP BusinessObjects Planning and Consolidation -- more intuitive and streamlined.
Another area that’s updated in EPM 10 is the increased data handling and business intelligence (BI) capabilities that now come with most of the SAP NetWeaver EPM applications. Customers have been confused by SAP vendors claiming that EPM required large BI projects to aggregate information and handle financial information in conventional data warehouses.
While this remains an option, several more local and flexible alternatives come with EPM 10. SAP began phasing out FIM as a standalone application in 2009. It is now available to SAP BusinessObjects customers at no additional cost if they are using other financial EPM applications (such as Intercompany and Financial Consolidation).
Second, the common BI capability that came with the Pilot Application Server (PAS) layer is now part of a broader set of EPM 10 applications (and some governance, risk and compliance [GRC] 10 applications, such as SAP BusinessObjects Risk Management and SAP BusinessObjects Sustainability Performance Management). This means that objects and information stored and aggregated in, for example, SAP BusinessObjects Strategy Management, can be shared more widely with SAP BusinessObjects Planning and Consolidation, SAP BusinessObjects Risk Management and other financial and operational EPM 10 solutions.
This has not been an easy task. EPM 10 is the result of multiple acquisitions BusinessObjects made in the financial management space before the merger with SAP:
- SAP BusinessObjects Strategy Management (formerly of Pilot Software)
- SAP BusinessObjects Planning and Consolidation (formerly Business Planning and Consolidation by OutlookSoft)
- SAP BusinessObjects Profitability and Cost Management (formerly of ALG Software)
- SAP BusinessObjects Intercompany and SAP BusinessObjects Financial Consolidation (formerly of Cartesis).
In addition, other features of EPM 10 include SAP BusinessObjects Financial Information Management (FIM), which bridges information from SAP and non-SAP sources and EPM applications.
Other nonfinancial, operational applications in EPM 10 include SAP BusinessObjects Spend Performance Management (formerly Spend Analytics) and SAP BusinessObjects Supply Chain Performance Management.
The first thing users should see with EPM 10 is a more consistent look and feel, particularly with the SAP NetWeaver versions of the main applications in the financial space. Each has a more consistent browser-driven user interface that makes process flows -- such as moving between SAP BusinessObjects Strategy Management and SAP BusinessObjects Planning and Consolidation -- more intuitive and streamlined.
Another area that’s updated in EPM 10 is the increased data handling and business intelligence (BI) capabilities that now come with most of the SAP NetWeaver EPM applications. Customers have been confused by SAP vendors claiming that EPM required large BI projects to aggregate information and handle financial information in conventional data warehouses.
While this remains an option, several more local and flexible alternatives come with EPM 10. SAP began phasing out FIM as a standalone application in 2009. It is now available to SAP BusinessObjects customers at no additional cost if they are using other financial EPM applications (such as Intercompany and Financial Consolidation).
Second, the common BI capability that came with the Pilot Application Server (PAS) layer is now part of a broader set of EPM 10 applications (and some governance, risk and compliance [GRC] 10 applications, such as SAP BusinessObjects Risk Management and SAP BusinessObjects Sustainability Performance Management). This means that objects and information stored and aggregated in, for example, SAP BusinessObjects Strategy Management, can be shared more widely with SAP BusinessObjects Planning and Consolidation, SAP BusinessObjects Risk Management and other financial and operational EPM 10 solutions.
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