What’s next: 4 questions to ask when building your SAP BPC EOL Strategy
Key Takeaways
⇨ Corporate finance teams should proactively plan for the end of life of SAP BPC by 2027, considering the strategic implications and available replacement options like S/4 HANA modules and CPM platforms.
⇨ The likelihood of SAP extending the EOL deadline for BPC is low, given SAP's focus on S/4 HANA development and the anticipated end of third-party support.
⇨ Initiating the Finance Transformation process early is crucial due to the significant time and complexity involved in transitioning to modern tools and optimizing CPM systems.
The whitepaper examines the looming end of life (EOL) for SAP BPC in 2027 and offers strategic guidance for corporate finance teams to plan its replacement. It poses four pivotal questions to consider in developing a Finance Transformation strategy: the likelihood of the 2027 deadline being postponed, the choice between an S/4 HANA module system and a CPM platform, the suitability of SAP Group Reporting and Analytics Cloud as replacements, and the optimal time to initiate the Finance Transformation process.
The paper suggests that while SAP has extended support deadlines previously, factors such as the end of third-party support and the focus on S/4 HANA development may make a postponement less likely. It highlights the need for organizations to weigh the advantages of S/4 HANA modules and CPM platforms based on their unique requirements and strategic goals.
SAP Group Reporting and Analytics Cloud are presented as potential successors to SAP BPC, but the decision to adopt them should be informed by the organization’s specific needs, existing systems, and the potential shift in governance and technical independence for the finance team.
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The document underscores the urgency of beginning the Finance Transformation process now, given the complexity and time needed for successful implementation. It encourages a proactive approach to leveraging modern tools and optimizing processes to future-proof CPM systems.
Wolters Kluwer, the publisher of the whitepaper, is a global leader in professional information and software solutions, serving customers in over 180 countries with a workforce of approximately 20,000 employees.
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