BARC Recognizes Phocas' FP&A Software in Global Planning Survey
347 results
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5 Reasons Why the Quality of Your Statistical Forecasts Can Deteriorate
Learn why the quality of your statistical forecasts can deteriorate and ways to prevent the deterioration from occurring again. Key Concept Historical data is used in statistical forecasting to identify patterns, trends, and seasonality. Those factors are then used to effectively predict future demand. This can be achieved by using the appropriate forecast methods or...…
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BARC Recognizes Phocas’ FP&A Software in Global Planning Survey
Phocas has established itself as a prominent player in the FP&A domain, as highlighted in BARC's 'The Planning Survey 24'. This survey, conducted between November 2023 and February 2024 with 1,272 participants, evaluated 21 products on 33 KPIs, including Business Benefits and Customer Satisfaction. Phocas excelled, securing top positions in multiple KPIs and leading in…
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Enabling Budget Resilience with Scenario Planning Tools from Phocas
Scenario planning process is often seen as time-consuming, leading to insufficient utilization and limits organizations' capacity to prepare for or respond to changes. Many finance teams find themselves hamstrung by the limitations of their SAP ERP systems when attempting to implement effective scenario planning, a critical component of strategic budgeting and forecasting. The traditional reliance…
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Tips & advice on improving cash flow forecasting & liquidity planning: Q&A with SAP treasury expert Moussa Soukal (transcript)
Accurate cash flow forecasts – even two or three months out – are elusive for many companies. Challenges range from data inaccuracies, to technical issues and integration problems, to poorly devised processes. What are best practices to sidestep these issues, and how can SAP treasury functionality help you more accurately pinpoint your company’s future cash…
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Leveraging SAP Business One ERP and Phocas for Live Budgets and Forecasts
Integrating a planning platform with SAP Business One enhances finance with real-time data and better collaboration.
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How to Measure Forecast Accuracy with SAP APO and SAP BW
Learn about the key considerations in designing processes for measuring forecast accuracy. See how forecast accuracy reports can be implemented using SAP APO Demand Planning (DP) and SAP Business Warehouse (BW). Key Concept Forecast accuracy is a measure of the difference between a prediction and what actually happens. It is a crucial metric in any...…
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Master APO Requirements Strategies
Does your manufacturing requirement strategy in APO match your business plan? Find out how to determine if it does and adjust it if it doesn’t. Key Concept Advanced Planner and Optimizer (APO) requirements strategies determine not only whether a product is manufactured based on a make-to-stock or make-to-order principle. They also determine how existing product...…
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3 Ways to Handle Compensation Budget Imbalances Caused by Org Moves
Learn the pros and cons of options for budget reallocation – manual and automatic – when you cannot postpone the movement of staff during a compensation planning period. Key Concept For many organizations, the compensation planning period is aligned with the end or beginning of their fiscal year. This is a time when many transfers,...…
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Improve Current Forecast Models in SAP MM
Learn how to increase the accuracy of the current forecast models in SAP materials management (MM). This alternative strategy consists of combining different forecasting models by placing weights on individual forecasts. The idea behind the combination of forecasting techniques is that no forecasting method is fully appropriate for all situations. You can apply this improved...…
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It’s Time for Finance to Captain the Boat
Financial planning and analysis (FP&A) is a top financial concern for SAP customers, according to a recent SAPinsider benchmark report, “SAP S/4HANA Finance: State of the Market,” where more than 400 individuals across all lines of business from nearly 150 companies were surveyed regarding their strategy for SAP S/4HANA Finance. However, many organizations are still…
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