Financial Reporting

The SAP BPC solution provides a common architecture for pursuing a variety of reporting solutions. Data is accessible real-time and users are empowered / enabled for analyzing data at the speed of thought. Combining information from multiple source systems (incorporating both structured and unstructured data), BPC delivers on the promise of a “single version of the truth”.
A BPC reporting solution is truly a unified application. It achieves consolidated reporting by pulling together disparate data on multiple platforms, applications, and databases. Within that unified structure, BPC’s capabilities extend reporting by using multiple hierarchies or perspectives to enable simultaneous legal and management views.

Reporting optimized not for transactional data capture ala ERP systems, but rather for business analysis.

User adoption of BPC reporting solutions is typically very high because the key delivery vehicle is Excel. Microsoft Excel is frequently the key tool of financial analysis, performance measurement, modeling and reporting. Users are familiar with functionality, much less look and feel. BPC is also delivered via the web, minimizing the effort to deliver the solution to a broad spanning user base.

A successful solution is one that provides this united approach to data, but also with the speed to be actionable. Real-time analysis of data allows the organization to react with ability to changing conditions and to provide the insight to make better decisions, faster. Companies need that real-time solution to provides immediate results for consolidation, planning / budgeting / forecasting / modeling, reporting, and analysis.

In the context of a BPC application, real-time can meay several things:
• Real-time consolidation: Provides real-time aggregations, calculations, intercompany eliminations, and currency translations.

• Real-time reporting: Provides the capability to immediately produce results in the form of pre-built or custom reports and distribute them in a shared, centralized, web-based environment.

• Real-time analysis: Utilizing standard reports, ad hoc analysis or out-of-the-box reporting wizards, users can retrieve their results real-time