SAP FINANCIAL PLANNING & ANALYSIS Features
This informed decision-making—made possible by making the most of artificial intelligence and machine learning tools—is precisely what sets intelligent companies apart from the competition. At NTT DATA, we can help you take advantage of all the benefits that SAP software offers you when it comes to using data to drive your organisation’s growth.
Our tools
Tools like SAP Analytics Cloud, SAP Datasphere and SAP Profitability and Performance Management allow intelligent companies to transform their financial planning processes through advanced analytics. SAP offers a portfolio of next-generation applications that give organisations access to the best predictive analytics. These solutions facilitate scenario simulation as well as the creation of integrated, data-based plans to optimise profitability. At NTT DATA, our team of specialists can advise you on how to integrate these functionalities into your everyday business processes quickly and easily.
SAP Analytics Cloud
Is a multi-functional business analytics platform that combines business intelligence, planning and predictive analytics in a single, cloud-based solution. It lets organisations analyse large volumes of data from different sources in order to obtain valuable information, enabling more informed decision-making. In addition, it offers data visualisation capabilities and collaboration tools to facilitate communication and teamwork within companies. SAP Analytics Cloud is used by businesses in various sectors to optimise operations, identify trends, predict results and improve overall performance.
SAP Datasphere
Is a comprehensive data service allowing all data professionals to provide seamless and scalable access to critical business data via a single, unified system. To do so, it uses a combination of semantic modelling and data integration, cataloguing, storage, federation and virtualisation.
SAP PAPM
Is a solution focused on profitability management and business performance. It provides tools to calculate and analyse the costs and benefits of different business activities and processes. By using it, companies can more accurately allocate costs, identify areas where profitability can be improved, optimise resource allocation and make informed decisions to improve their overall performance.
SAP’s three pillars of analytics
SAP software enables end-to-end management of the data life-cycle through a broad range of functionalities focused on three fundamental pillars:
Data management and modelling
SAP solutions let you create analytics models that mirror the actual complexity of financial operations, allowing for more accurate analysis. Moreover, they implement practices and controls that preserve the privacy and security of the data being analysed. Their tools provide streamlined and scalable access to information as well as preconfigured data governance functionalities.
Business performance management and advanced analytics
Data analytics takes managing the performance of intelligent companies one step further. SAP provides analytics capabilities for evaluating the performance of different company departments, allowing for areas for improvement to be identified and changes to be implemented to optimise global performance.
Reports and dashboards
SAP software gives companies access to analytical and financial dashboards where KPIs can be tracked quickly and conveniently. Moreover, SAP tools are capable of generating exhaustive budget, financial and profitability analysis reports spanning the company’s entire operations.
Why trust SAP for your financial planning?
Thanks to its analytics models, performance management functionalities and greater accessibility of information, SAP streamlines planning processes and offers a number of advantages for organisations.
Comprehensive organisational overview
Analytics models include data on operations, turnover, expenses, investments and cash flows, painting a holistic picture of all company areas.
Security best practices and protocols
SAP tools make it possible to set rules and policies that guarantee the privacy, integrity and reliability of information.
Performance optimisation
Data analytics can be used to create structures that speed up financial analysis and inquiry response times.
Reliable financial consolidation
SAP solutions guarantee the accuracy of financial, tax and control data, also optimising how these data sources are consolidated.
More adaptability
Advanced analytics models make it possible to analyse different hypothetical scenarios and adjust strategic plans based on market changes.
Risk management
In addition to identifying new business opportunities, hypothetical situational analysis can also be used to anticipate risks.
Preconfigured tools
SAP Master Data Governance facilitates data governance through standardised functionalities, allowing data to be supervised for quality, amended and distributed in a centralised way, and problems to be corrected.
Process automation
By automating repetitive manual tasks, financial department experts can focus on strategic activities instead.
Non-financial metrics
In addition to financial information, reports and dashboards also include KPIs on customer satisfaction, innovation or market share, among others.
Make the most of your data with NTT DATA
Today, virtually all market sectors are undergoing an intense digital transformation. Only companies capable of managing this period of change will be able to survive in an environment that’s increasingly volatile and competitive. The first step to becoming a truly intelligent company is to implement tools and processes that turn data into a competitive advantage.
While SAP undoubtedly offers the best planning and financial analytics tools available, adopting these technologies effectively is only possible through a strategic plan specifically adapted to the organisation’s needs.
What sets us apart
At NTT DATA, we believe that optimised business processes are the key to increasing efficiency. We use an end-to-end approach to financial planning processes, analysing and implementing the solutions that best meet an organisation’s needs in terms of data modelling, management and analytics.
Our vast experience as an IT partner working with leading global companies makes us capable of specifically identifying your business’s unique financial needs. We have our own in-house accelerators and a leading team of experts to advise you on a daily basis during your SAP implementation process. Contact us to find out how we can help revolutionise your company’s planning and financial analysis.
