Using SAP Business Planning Correctly
Many enterprises have a difficult Business Planning process. Though they may have been in business for decades, in many cases, they are suffering from one, some or all of the following symptoms of a poorly performing Business Planning process-and many don't know they are making these mistakes:
- Inability to produce variance and what-if analyses without significant manual efforts.
- Lack of dependable and quantifiable data to make decisions for business planning and manage risk.
- Lack of integrated systems and automated business processes result in the inability to efficiently and quickly drill down into variances from actuals.
- Lack of integration across business processes and business units negatively impact productivity/efficiency.
- Limited ability to provide timely information to the business due to lack of systems integration results in sub-optimal decision-making.
- Inability to implement structural changes (e.g., account, organization) without significant delays and administrative costs.
- Lack of ability to align operational plans with strategic objectives and goals resulting in misaligned execution.
- Lack of business sales process flow for planning makes it nearly impossible for users to create and modify parameters by themselves resulting in unnecessary delays and costs.
- Limited functionality in current systems hinders ability to move to a rolling forecast/planning process.
- Significant volume of critical financial information is managed and manipulated in offline databases resulting in lack of data synchronization and accuracy.
- Unnecessarily long planning and budgeting cycles lead to outdated and unusable planning figures.
- Lack of centralized data management and defined ownership leads to significant data quality issues.
- Limited ability to get accurate actuals and prior period plans creates unnecessary delays for the current planning period.
Make Your Business Planning Process Easier
Not all companies suffer from all these business planning symptoms. We have found some or all these problems across a variety of industries. They all lead to a need for robust business plan software.
Need for a Well-Designed Business Plan
All of these aforementioned business planning mistakes can be mitigated by the use of proven business plan templates, with well defined business plan sections that follow a business growth-centric plan outline.
Developing a Growth-Oriented Business Plan
When you have SAP business planning and consolidation (SAP BPC) implemented as a core part of your SAP business planning process, you have the tool you need to develop a growth-oriented business plan.
Detailed Planning by All SAP Business Units
An SAP business plan built using SAP BPC is a well-researched business plan as well as a well-written business plan - down to lowest business unit level. You can perform SAP commercial planning down to almost any level, right down to the SKU/Territory/Profit Center.
SAP Business Planning and Consolidation
If you're implementing SAP Business Planning and Consolidation, our SAP Business Planning and consulting team can help you build a world-class Business Planning Process integrated from the executive suite to the shop-floor and beyond.
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