The current business climate requires a company to react quickly to its financial and operational performance. Having visibility is not sufficient; the company must be able to adjust quickly to avoid cascading business failures. This statement is well understood and I am sure anyone reading this is wondering why read this blog.
I must emphasize that I am not a marketer or a sales person. I am a solution (product) manager for SAP BusinessObjects Planning and Consolidation. I must start by stating the obvious.
A business can improve their ability to react to the external changes they face with SAP BusinessObjects Enterprise Performance Management solutions. The suite of solutions supports a full closed loop business cycle from strategy to execution to analysis to allowing for real-time adjustments. The Enterprise Performance Management solution can work with the added advantage of having complimenting solutions for SAP Governance, Risk and Compliance. There is simply no other vendor with the solution required for these trying times.
We know all companies require a solution to plan and monitor their business performance. SAP offers one of many performance management solutions available in the market, SAP BusinessObjects Planning and Consolidation. Why is this solution more suited for today’s economic crisis? The major advantages in my opinion are:
Visibility – SAP BusinessObjects Planning and Consolidation reaches more users in your organization. With the solution Web and Microsoft Office interface, more users can have visibility into their impact on the organization. No longer are key performance indicators available to only a few managers and business analysts. More users can react by updating the current business results and plans to reflect their new business expectations. Now the impacts are visible throughout the company in real-time. The solution can be rolled-out, with little to no training, across the enterprise. In addition, the total cost of ownership is low with centralized application management; the details go beyond the purpose of this blog and deserve their own discussion.
Collaboration – SAP BusinessObjects Planning and Consolidation provides functionality for the users to collaborate with other business users and management. With a shared common view of the actual business performance, the user can share commentary and other supporting documents to make informed decisions. This added information allows the user to take action to improve their portion of the organization’s performance. Bi-directional communication will enable the business user to adjust plans to reflect a more realistic business projection in real-time.
Agility – SAP BusinessObjects Planning and Consolidation is managed by the business user not the information technology user. Therefore, when the business requires changes, the solution can be immediately modified by those who have the business context. No other solution is designed to be managed by the authorized business user. Changes in the business requirements can be made in real-time to allow for quick decision-making.
Integration – SAP BusinessObjects Planning and Consolidation is a multi-source solution. With two platforms available, Microsoft and NetWeaver, information can be obtained from multiple sources to provide a complete view of the business. Automation of data acquisition and distribution increases the ability to have current data at the fingertips of the business user. Integration goes beyond data; it also includes the access to information regarding strategy, risk and many other data points to allow a fully informed decision and quick action.
These four attributes help a business navigate through the current economic crisis. Without full participation from the entire organization, opportunities will be missed. Any opportunity found requires change in the business with quick response time. SAP BusinessObjects Planning and Consolidation can help you and your organization find opportunities, take corrective actions and response quickly to avoid any business failures.