SAP Planning & Consolidations

In the midst of a business reorganization, Cameron, a Schlumberger Company and manufacturer in the oil and gas industry, embarked on a company-wide standardization project to simplify and streamline both its SAP ERP and reporting processes as well as eliminate manually intensive processes that resulted from disconnected legacy systems. This project involved consolidating to five profit centers on five business units, and altering the reporting structure to have manufacturing plants roll up to profit centers for reporting purposes. To get clear visibility and accurate reporting for plant-level financials and to allow controllers and senior managers the same access to information in its central consolidation application, Cameron underwent a proof of concept for SAP Business Planning and Consolidation (SAP BPC) version 7.5. See how the business rolled out the new SAP solution to users on five continents — providing controllers the ability to input estimate and budget data out of SAP ERP and have some measure of plant-level reporting autonomy.

As a manufacturer of chemicals that must be created according to precise plans, Stepan Company understands the importance of robust planning. So when the organization underwent a financial transformation, it took a close look at how it could update its financial planning and analysis processes. Beforehand, financial planning was performed manually, with time-consuming processes and several disparate sources of data slowing the organization down. Learn how Stepan Company streamlined financial planning, cut down on manual processes, and made its planning personnel strategic business partners with SAP Business Planning and Consolidation.

Business planning requirements have changed dramatically in recent years. With economic volatility requiring dynamic planning processes and the need for real-time insight into data to better serve customers, organizations are seeking to move beyond fragmented planning tools and spreadsheets that can no longer keep pace with modern business. Discover how SAP helps organizations meet their current and future planning needs with SAP BusinessObjects Planning and Consolidation.

Expectations for financial software have changed. To make insightful, data-driven planning and budgeting decisions, users need real-time access to data via an intuitive user interface, and to provide this, businesses need to digitize their financial processes. This article provides an overview of how SAP S/4HANA can help digitally transform your finance department into an agile, real-time component of your digital business.