Epm Consolidation Roadmap

EPM Consolidations Roadmap Update

David Ormerod, SAP EMEA COE

© 2011 SAP AG. All rights reserved. 2 Internal

Entity Close

Corporate Close

Financial Accounting

Reporting and Disclosure

Financial Close

Governance

Internal Controls

Master Data Governance for Financials

General Ledger

Sub-Ledgers

Intercompany Reconciliation

Reporting and Analysis

Consolidation

Notes Management

Disclosure Management

Accounting and Financial Close – End to End Vision

Entity Close Management


Accounting and Financial Close Applications

Reporting and Disclosure

Financial Close Governance

Corporate Close Entity Close Financial

Accounting

Chief Financial Officer

SAP General Ledger

SAP Sub Ledgers

SAP Financial Closing Cockpit

SAP Central Process Scheduling by Redwood

SAP BusinessObjects Intercompany

SAP BusinessObjects Financial Information Management

SAP BusinessObjects Planning and Consolidation

SAP BusinessObjects Financial Consolidation

SAP BusinessObjects Notes Management

SAP BusinessObjects Starter Kits

SAP BusinessObjects BI Solutions

SAP BusinessObjects Disclosure Management

SAP BusinessObjects Process Control

SAP Master Data Governance for Financials


Our consolidation solutions

Go-to-market solutions: Positioned to net new consolidation customers: SAP Business Planning and Consolidation,

version for SAP NetWeaver SAP Business Planning and Consolidation,

version for Microsoft SAP Financial Consolidation

Classic solutions: Part of SAP Business Suite: SAP Strategic Enterprise Management, business

consolidation (SEM-BCS) Enterprise controlling – consolidation system

(EC-CS)

Solution today

Consolidation applications


Consolidation business requirements

Conventional: Consolidation of multiple entities Currency translation Intercompany reconciliation and eliminations Normal investment activities Audit trail of all adjustments and calculations

made to source data Production of consolidated financial reports,

including balance sheet, profit-and-loss, and cash-flow statements

Beyond conventional: Extremely complex investment activities such as

mergers Parallel processing of multiple alternate

consolidations Distributed application structure

Solution today


Positioning SAP solutions for EPM

All EPM consolidation solutions can support conventional consolidation requirements: SAP Financial Consolidation may be a

better fit for consolidation requirements that go beyond the conventional

SAP Business Planning and Consolidation 10.0, version for SAP NetWeaver delivers many new consolidation features, including enhanced functions: – Interface for posting journal entries – Controls and validations of data – Process monitoring – Incremental consolidation

What to consider:

Functional requirements: – Audit trail – Model management – Consolidation engine – Controls – Process monitoring

Technical requirements: – Integration with SAP solutions for EPM and

SAP solutions for governance, risk, and compliance (GRC)

– Unification with planning and forecasting – Technical requirements and integration with

SAP NetWeaver Business Warehouse – Performance and scalability

Solution today


Release 10.0 of SAP solutions for enterprise performance management (EPM)

Solution today

Transformational Comprehensive Unified

Common interfaces for a user experience that leads to quicker adoption and improved productivity Deeper integration with SAP NetWeaver, SAP ERP, and analytics applications improves manageability and reduces the total cost of ownership (TCO)

Prepacked best practice–based solutions for specific industries and lines of business deliver faster time to value with better results The most complete suite of EPM solutions includes disclosure management functions that accelerate the last mile of finance

Mobile performance management increases productivity and helps organizations become more agile, responsive, and better equipped to succeed Applications powered by SAP HANA provide instant insight and allow users to plan at levels of detail that were never possible before


Extend - SAP Business Planning and Consolidation Consolidation Central

Perform day to day consolidation tasks over the web using new Consolidation Central interface: Scope creation and maintenance

Journals data entry

Controls monitoring*

Consolidation monitoring*

New web interface for performing consolidation tasks over the web

*Available today for SAP Business Planning and Consolidation version for Netweaver Platform


Planned key innovations for enterprise performance management for finance

Key needs Key innovations

Strategy management

Desire to leverage industry best practices and learn from peers

Improved ease of use; lower cost of ownership with industry-specific content

Planning, budgeting, and forecasting

Growing aspiration to integrate planning processes across the organization

Ability to address increasing data volumes

Next generation mobile experience Enhanced expense planning Capital project scenario planning

Profitability and cost management

Increasing focus on analysis and decision making requires greater insight across broader teams

Extended allocations capabilities

Financial consolidation and close

Increased pressure for an integrated, comprehensive financial close and reporting solution to accelerate the closing process without sacrificing compliance, control, or flexibility

Enhanced integration of master data, SAP Intercompany, and SAP Disclosure Management

Improved support for time-dependent reporting

Disclosure management

Ability to cope with ever-more-complex last-mile-of-finance processes and changing regulatory reporting requirements

Planned support for additional regulatory formats and filings

Notes management

Ability to manage unstructured data that supplements financial and regulatory disclosures and tie it to consolidation values

Enhanced integration and compatibility with strategic SAP solutions and Microsoft Office solutions

Financial close starter kits

Ability to speed deployments and comply effectively with financial regulations

Enhancements to the scope of delivered content and the regulatory rules supported

Planned innovations


Accelerating the Last Mile of Finance Reduces Costs

“ Tools that can help coordinate the financial statement, regulatory reporting and investor report production activities in one central product that can provide a collaborative environment for all contributing parties can reduce process costs by up to 30%.

Gartner Research

Financial Statement Production Solutions

Increase Market Penetration

John E. Van Decker

November 2010

”


SAP Disclosure Management Reduce the Time, Risk and Cost of Regulatory Disclosures

Speed and flexibility Accelerate the generation of disclosure statements Integrate data for a single view of the organization Optimize the close from source to digital disclosure

Collaboration Assign disclosure responsibility to distributed teams Automate integration and data flow Designed for ownership by finance professionals

Compliance and control In-house production of trusted financial statements Support multiple financial and regulatory statements Enable creation of XBRL-based statements


IFRS Starter Kits Faster legal compliance – reduce implementation time, effort and risks

Fast implementation ● Pre-packaged content reduces implementation

times ● Dynamic configuration enables easy

customization to specific requirements ● Complete, generic reference implementation

Rapid and trusted legal compliance ● Embedded expertise in meeting financial

regulations including best practice in financial consolidations and internal controls

● Detailed process guidance for business users

Comprehensive scope ● Full support for GAAP to IFRS transition ● Pre-configured IFRS/GAAP consolidation rules,

controls, and calculations ● Publishable financial statements


Financial Close Starter Kit Content

Consolidations STARTER KITS IFRS actuals, corporate budget and forecast (*) Transition from GAAP to IFRS (**)

Chart of accounts based on 2012 IFRS taxonomy 50 input / data load schedules 200 predefined controls 100 prebuilt reports including key publishable financial statements compliant with IAS 1 and IAS 7 200 CoI rules including M&A, investment eliminations, calculation of non-controlling interests and goodwill Full set of documentation including installation, data entry, design and operating guides

Rapid Deployment Solutions SOFTWARE SAP Business Planning and Consolidation SAP Financial Consolidation SAP Disclosure Management

STARTER KITS IFRS starter kits for consolidations IFRS and US GAAP starter kits for disclosure management, XBRL

SERVICE Fixed-price / fixed-scope 12 week implementation through SAP or Partner

Disclosure Management STARTER KITS Includes XBRL and ‘paper’ formats IFRS embedded financial report and 20-F form templates designed according to IAS 1 and IAS 7 US GAAP 10-Q form templates designed according to Regulation S-X requirements XBRL taxonomy and tagging compliant with the EFM (EDGAR Filer Manual) for U.S. SEC filing IFRS Taxonomy 2012 as published by the IFRS Foundation 2012 US GAAP Taxonomy adopted and supported by the US SEC Ready to use with SAP Business Planning and Consolidation and SAP Financial Consolidation

EPM, GRC and LoB Finance Boost Call – 19th September 2012

Key Points • SAP offers a complete solution for the

entire close process • Our market-leading EPM products for

financial consolidation continue to be enhanced with new features and functions

• Disclosure Management solves the ‘last mile of finance’ challenge

• SAP offers IFRS Starter Kits and a Rapid Deployment solution for Financial Close

Epm Consolidation Roadmap

Documents

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