Financial Planning and Analysis with SAP

1. Auflage 2014
ISBN: 978-1-59229-955-3
Verlag: SAP Press

Buch, Englisch, 440 Seiten, Format (B × H): 179 mm x 236 mm, Gewicht: 1001 g

Reihe: SAP PRESS: englisch

Get a look at the inner workings and gears of your enterprise with this book! With expert guidance from the authors, you’ll learn to carefully map your business’s financial path. From planning through integration, you’ll understand the business steps and requirements needed to work with SAP’s solutions for enterprise performance management. Learn how EPM can help you create detailed financial plans, monitor actual costs against budget, and analyze profitability based on products or customer behavior.

1. Manage your Financial Performance
Understand what enterprise performance management is, what it does to direct your
financial performance, and what best practices you should follow.

2. Financial Planning and Analysis Lifecycle
Strategy roll-out. Planning, budgeting, and forecasting. Profitability and cost management.
Monitoring and reporting. Find the information you need to best implement these essential
practices.

3. SAP EPM Applications
Learn about the SAP EPM applications and how they enable organizations to meet their strategic
financial goals and performance improvement initiatives.

4. Integration
Know how to extend the reach of EPM. You’ll learn about options for integrating SAP EPM
with SAP ERP, BI tools, and more.

5. Move your SAP EPM Solution Forward
Scope out the road map and latest evolutions in EPM applications, including rapid-deployment
solutions, starter kits, and SAP EPM Unwired.

Highlights:

- Performance management lifecycle

- Planning, budgeting, and forecasting

- Financial close acceleration

- SAP Business Planning and Consolidation

- Financial Information Management

- Disclosure Management

- Integration

- Monitoring and reporting

- Profitability and cost management

- Strategy management

Galileo Press heißt jetzt Rheinwerk Verlag.

Autoren/Hrsg.

Faulkner, Malcolm

Newman, William D.

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Wirtschaftsinformatik, SAP, IT-Management
• Mathematik | Informatik EDV | Informatik Business Application Unternehmenssoftware SAP

Inhaltsverzeichnis

Acknowledgments. 19

Foreword. 23

Introduction. 25

Part I: The EPM Foundation. 29

1. Introduction to Enterprise Performance Management. 31

1.1. Enterprise Performance Management: What It Means. 31

1.2. Performance Management. 35

1.3. Financial Planning and Analysis Lifecycle. 39

1.4. Key Organizational Issues and Concepts. 42

1.5. SAP Enterprise Performance Management for the Finance Portfolio. 52

1.6. Introducing an EPM Initiative. 57

1.7. Summary. 63

2. The Evolving Domain of Performance Management. 65

2.1. Performance Management-Related Methodologies. 67

2.2. Financial Planning Processes. 87

2.3. Rolling Budget-Based Planning. 90

2.4. Issues and Challenges in Eliminating the Annual Budget. 94

2.5. Financial Consolidation and Disclosure. 99

2.6. Risk Management and Mitigation. 106

2.7. Profitability Analysis. 109

2.8. Financial and Operational Reporting. 110

2.9. Achieving Financial Excellence. 113

2.10. Manage Financial Planning and Analysis with Solutions from SAP. 115

2.11. Accelerating Financial Close to Disclose. 119

2.12. Summary. 123

3. SAP Enterprise Management Portfolio. 125

3.1. SAP Strategy Management. 126

3.2. SAP Business Planning and Consolidation. 130

3.3. SAP Profitability and Cost Management. 134

3.4. SAP Financial Information Management. 136

3.5. SAP Disclosure Management. 140

3.6. SAP Intercompany. 141

3.7. SAP BusinessObjects Business Intelligence Tools. 143

3.8. Considerations for SAP ERP Applications. 154

3.9. Emerging Technologies. 157

3.10. Summary. 159

Part II: EPM Product Solutions from SAP. 161

4. SAP Strategy Management. 163

4.1. Strategy Planning and Execution Process. 165

4.2. Key Features. 176

4.3. Architecture. 185

4.4. Integration with SAP BusinessObjects BI. 188

4.5. Mobile Solution. 191

4.6. Use Cases. 193

4.7. Summary. 194

5. SAP Business Planning and Consolidation (Planning, Budgeting, and Forecasting). 195

5.1. Business Challenges in Financial Planning and Budgeting. 196

5.2. Overview of the Planning, Budgeting, and Forecasting Features. 199

5.3. Versions of SAP Business Planning and Consolidation. 205

5.4. Business Planning: Plans and Processes. 209

5.5. Planning Solution Requirements. 217

5.6. Key Capabilities. 225

5.7. Data Manager. 230

5.8. Summary. 233

6. SAP Profitability and Cost Management. 235

6.1. Challenges to Profitability Insight. 235

6.2. Defining SAP Profitability and Cost Management. 239

6.3. Key Application Components. 247

6.4. Model Builder, View Builder, and Book Builder. 250

6.5. Activity-Based Costing. 255

6.6. System Infrastructure and Solution Architecture. 259

6.7. Usage Scenarios and Benefits. 268

6.8. Industry Cases. 276

6.9. Summary. 278

7. SAP Financial Information Management. 279

7.1. Financial Management Challenges. 279

7.2. SAP Financial Information Management Overview. 282

7.3. SAP Financial Information Management Features. 284

7.4. Administration. 286

7.5. Architecture. 289

7.6. Integration. 290

7.7. Benefits. 293

7.8. Summary. 296

8. Monitoring and Reporting. 297

8.1. Monitoring and Reporting Process. 297

8.2. Integration of BI Tools and SAP EPM for Reporting. 300

8.3. Key SAP BusinessObjects BI Solution Areas. 304

8.4. Using SAP Predictive Analysis. 309

8.5. Structuring Enterprise Monitoring Using SAP BusinessObjects Design Studio. 317

8.6. Creating Dashboards Using SAP BusinessObjects Explorer. 319

8.7. Reporting Using SAP Crystal Reports and SAP BusinessObjects Web Intelligence. 321

8.8. Performance Management Maturity Model. 325

8.9. Summary. 327

Part III: Leveraging Capabilities from Alternative Software Solutions. 329

9. Accelerating Financial Close to Disclose. 331

9.1. Barriers to a Fast, High-Quality Close-to-Disclose Process. 332

9.2. Steps in the Close-to-Disclose Process. 333

9.3. SAP EPM Solutions That Streamline the Close-to-Disclose Process. 339

9.4. SAP Disclosure Management. 351

9.5. Summary. 359

10. Rapid-Deployment Solutions for SAP EPM. 361

10.1. What Are Rapid-Deployment Solutions?. 361

10.2. SAP G/L Financial Planning Rapid-Deployment Solution. 363

10.3. SAP Strategic Financial Planning Rapid-Deployment Solution. 366

10.4. SAP Financial Close and Disclosure Management Rapid-Deployment Solution. 367

10.5. SAP Value Realization Management Rapid-Deployment Solution. 370

10.6. SAP Public Sector Budgeting and Planning Rapid-Deployment Solution. 374

10.7. Starter Kits. 377

10.8. Summary. 380

11. EPM and Enterprise Integration. 381

11.1. Integration with SAP Risk Management. 381

11.2. Integration with SAP Human Capital Management and SuccessFactors. 383

11.3. Integration with SAP Customer Relationship Management and Sales Performance Management. 385

11.4. Integration with SAP Financial Accounting and Controlling. 388

11.5. Leveraging SAP Analytics Tools for Enhanced Reporting. 389

11.6. Moving from Planning to Execution and Project Management. 392

11.7. Summary. 397

Part IV: The Future of Enterprise Performance Management. 399

12. The Importance of New Technology. 401

12.1. Big Data Opportunities for EPM. 402

12.2. Cloud Opportunities for EPM. 404

12.3. Mobile Opportunities for EPM. 406

12.4. Social Business. 410

12.5. Other Trends and the New Hybrid. 414

12.6. Summary. 415

13. Road Map to SAP Solutions for Enterprise Performance Management. 417

13.1. Near-Term Challenges for Finance. 417

13.2. Overview of the SAP EPM Road Map for Finance. 418

13.3. Key Recent Releases and Innovations. 420

13.4. Planned Innovations and Future Direction. 424

13.5. Summary. 426

The Authors. 427

Index. 429

Über Autor(innen)

Newman, William D.
William Newman is the managing principal of Newport Consulting Group, a strategy firm aligned with SAP focused on EPM and GRC solutions. He has 25 years of experience in the development and management of strategy, process, and technology solutions for world-class manufacturing and service organizations such as Boeing, General Motors, Volkswagen, Northrop Grumman, Honeywell, and Intel. He holds a BS degree in aerospace engineering from the Henry Samueli School of Engineering and Applied Science at UCLA, and an MBA in management and international business from the Conrad L. Hilton School of Management at Loyola Marymount University. He is a member of the adjunct faculty at the University of Michigan-Dearborn, College of Business.

Faulkner, Malcolm
Malcolm Faulkner is currently a senior director of product marketing and is responsible for product marketing of financial planning and analysis solutions within the Enterprise Performance Management (EPM) group at SAP. Malcolm holds a B.S. in computer science from Imperial College, London University, and an M.B.A. from New York University, Stern School of Business.
Malcolm has over two decades of experience in the software industry, beginning as a software engineer. He spent several years as an adjunct lecturer at the University of California, Berkeley Extension, teaching a variety of continuing education computer programming-related classes. Before moving into product marketing in 2008, he had roles in technical training and pre-sales. He joined SAP in 2007.
Malcolm is a regular speaker on FP&A and predictive analytics at SAP events, including SAP Financials, the SAP BusinessObjects User Conference, and SAPPHIRE. He has also presented on CFO.com webinars. He’s also a featured blogger on these topics on the-decisionfactor.com and blogs.sap.com/analytics.
He currently resides in Colorado. In his spare time (when not writing), Malcolm enjoys cycling, yoga, and coaching soccer.