Mar 16-19, 2026Las Vegas, Nevada, NV
SAP Financial Planning
SAP Financial Planning is a set of tools that helps finance teams combine financial data, operational data, and external data in one place. With SAP Financial Planning, teams can analyze all this data to uncover insights that can help them plan for the future and make more profitable decisions. SAP Financial Planning includes a set of planning, forecasting, budgeting, and analytical activities that support a company’s major business decisions and overall financial health. With SAP Financial Planning, finance teams can get the in-depth insights they need to make informed decisions about the future of their businesses.
Key capabilities of SAP Financial Planning include:
SAP Financial Planning is a set of tools that helps finance teams combine financial data, operational data, and external data in one place. With SAP Financial Planning, teams can analyze all this data to uncover insights that can help them plan for the future and make more profitable decisions. SAP Financial Planning includes a set of planning, forecasting, budgeting, and analytical activities that support a company’s major business decisions and overall financial health. With SAP Financial Planning, finance teams can get the in-depth insights they need to make informed decisions about the future of their businesses.
Key capabilities of SAP Financial Planning include:
- Planning and forecasting: Includes functionality for finance teams to create detailed plans and forecasts for their businesses. This includes the ability to create scenarios, run simulations, and track actuals against plan.
- Budgeting and cost management: Includes a budgeting module that helps finance teams manage their budgets more effectively. The module includes features such as cost center planning, activity-based costing, and project budgeting.
- Financial analysis: Includes a set of powerful analytical tools that help finance teams understand their data and make better decisions. These tools include financial statements, profitability analysis, cash flow analysis, and more.
- Reporting and dashboards: Includes a reporting module that helps finance teams create custom reports and dashboards. This module includes features such as report builder, query designer, and user-defined functions.
Key benefits of SAP Financial Planning include:
- Analyze data to uncover trends and relationships
- Plan for the future with confidence
- Make more profitable decisions
Key Considerations for SAP Financial Planning:
- Consider use cases before moving financial planning and reporting to the cloud. Evaluating a move to SAP Financial Planning in the cloud involves several considerations. Important factors include understanding how the transition will impact existing processes and procedures, data migration considerations, and training needs. By taking all of these factors into account, businesses can make a well-informed decision about whether moving to SAP Financial Planning in the cloud is the right choice for their organization.
- Article Recap: How to Take Financial Planning to the Next Level with SAP BPC. When it comes to financial planning, SAP customers have a lot of options. However, many customers are still using SAP Business Planning and Consolidation (BPC) for their financial planning needs. There are a few reasons why SAP BPC is still a popular choice among customers. First, it offers a high degree of flexibility when it comes to data modeling and customizations. Second, it has a robust forecasting engine that can handle large amounts of data. And finally, it integrates seamlessly with other SAP applications, making it easy to use for customers who are already using other SAP products.
- Understand shift from FP&A to xP&A. xP&A is an extension of financial planning and analysis that takes into account the entire business, not just one department. It provides real-time plans across all departments which allow businesses to be agile enough for changing scenarios by breaking down silos between them with seamless connectivity enabled through cloud computing technologies.
43 results
Providing SaaS Solutions for Analytics and FP&AJul 20, 2023 — In today’s business climate, finance leaders are being asked to accomplish more and more, often with the same budgets as in years past. They are frequently tasked to participate more in strategic discussions, which requires crucial information that they often lack.
Organizations are constantly on the lookout for ways to improve insights. The SAPinsider finance research report found that 39% of respondents are increasing real-time visibility into finance and operations. This makes it the action most commonly taken by finance professionals to address their strategic priorities.
In this article, we will explore how third-party solutions like SimpleFi deliver FP&A, consolidation, and process optimization for businesses. We will also discuss the importance of considering deployment options before settling on a solution, as well as the market demand for FP&A and consolidation improvements.
2 minute read
Breakaway Technologies Highlights Five Keys to a Successful XP&A ProcessJul 10, 2023 — Planning is essential for the long-term success of any business. This is why many organizations are migrating from financial planning and analysis (FP&A) to extending planning and analysis (XP&A). FP&A ranks among the most common pain points and planned future investments. Legacy FP&A processes can hamper the process of making decisions and cause teams to miss opportunities to save money.
Organizations implementing an XP&A approach to business planning can leverage all types of data, including financial, operational, workforce, customer, and supplier data to make better decisions. However, as with any emerging process, XP&A is not necessarily straightforward.
To help organizations avoid some of the potential pitfalls and issues associated with introducing an XP&A planning process, the finance and accounting experts at Breakaway Technologies laid out a list of five common challenges for XP&A processes, and what companies can do to avoid them.
In this article, we will explore the five challenges. They are systems integration, data quality, limited resources, communication, and external factors. We will review how these factors can adversely affect the XP&A process and what organizations can do to avoid them, including which technological solutions they can leverage.
2 minute read
12 Key FP&A Reports for Improved Business Visibility and ImpactMay 31, 2023 — Financial planning and analysis (FP&A) is a vital component of any organization’s overall economic well-being and success. FP&A is, at its core, a cycle of collecting data, analyzing that information, and making decisions based off of that analysis. Because of this, FP&A teams must be able to provide specific and actionable business insights to empower their organizations to increase revenue, reduce costs, and mitigate business risks.
In this article, SAPinsider expert Dr. Prashanth H Southekal will highlight the key reports organizations should utilize in their FP&A practices. There are 12 standard or commonly used performance reports in the measurement continuum the FP&A team can leverage to measure and improve business performance. You will learn about each of these, find helpful examples of how to put them into place, and the best point to use each report type.
9 minute read
Deliver Financial Insights with End-To-End Process OptimizationApr 25, 2023 — Join insightsoftware’s Senior Solutions Engineer Mark Pockl as he demonstrates how to combine Excel-based SAP tools to automate FICO data entry and install drillable, real-time financial reporting to gain valuable business insights. He’ll also be showcasing a tool that lets business users across departments act on financial data insights and automate SAP data processes.
This session is essential for VPs of IT, Controllers, CIOs, VPs of Finance, Finance Team Leads, Accounting Managers, and anyone who needs to optimize their financial processes, save time, and gain valuable insights.
Attend this webinar to:
Take the first step toward streamlining your financial processes.
Learn how to combine Excel-based SAP tools, such as Wands, Process Runner and GLSU to deliver end-to-end financial process optimization.
Discover how business users across departments can act on financial data insights and automate SAP data processes.
1 minute read
Real Talk: Navigating 2023 Economic Headwinds While Providing Value with SAPApr 13, 2023 — Recent reports show that IT leaders are focused on operational efficiency and how to do more with the same in 2023. Our experts during this session say it is time to get back to economic basics and bring to light dollars that can be reinvested, processes that could be more efficient, or shifting focus to […]
1 minute read
Lowering Operational Costs during High Inflation PeriodsMar 23, 2023 — Defraying Inflation As a small business owner, you understand the importance of being fiscally responsible and keeping your business afloat during difficult times. With the current pandemic and high inflation, many small businesses are struggling to make ends meet. Courtesy of SAPinsider, here are some tips on how to stay afloat while navigating these uncertain […]
3 minute read
Live from SAPinsider 2023: Legacy Data Complexity a Barrier for Finance TeamsMar 22, 2023 — Connecting with SAP customers attending finance track pre-conference sessions at the SAPinsider 2023 Conference in Las Vegas presents a unique opportunity for understanding what is top of mind for our SAPinsider finance community. In conversations with SAPinsiders on site, the most consistent answer is data — primarily the challenges of legacy data complexity as organizations evaluate plans SAP S/4HANA for pre- and post-implementation. Recent research across our SAPinsider finance community reveals that executive demand for reporting, planning, and insights from finance is a key driver for many organizations considering a move to SAP S/4HANA. Yet when talking with SAP users attending finance sessions, many expressed concerns about the complexity of legacy data and how it impacts their SAP S/4HANA transition roadmap.
2 minute read
CFOs Face Growing Pressure Amid Role EvolutionSep 19, 2022 — In today’s economy, CFOs are under tremendous pressure to do more with less. The pressure is only growing as executives must now contend with new compliance regulations and increased scrutiny from shareholders. Recent headlines underscore the mounting burden CFOs face as organizations consider all options to improve efficiency. To better understand the sentiment of CFOs […]
5 minute read
Best Practices for Optimizing Enterprise-wide Planning and AnalysisJul 27, 2022 — As organizations become more dependent on data to make decisions, the role of finance and particularly the Financial Planning & Analysis (FP&A) team has risen to move decisions forward. To evolve into a best-in-class finance function, FP&A needs to change their approach to that of extended Planning & Analysis (xP&A) where plans across the enterprise […]
1 minute read
From FP&A to xP&AJun 17, 2022 — Organizations today face a complex array of challenges, and the traditional financial planning and analysis (FP&A) process struggle to keep pace. Business leaders now recognize the need for advanced planning and analytics to drive organizational insights, as respondents from our SAP S/4HANA Finance and Central Finance State of the Market benchmark report cited the demand […]
3 minute read