Achieve Reporting Nirvana with Multiple Hierarchies

My_Bliss_editedFinancial organizations from a variety of industries think they are unique according to their reporting requirements. They will say things like, “We need to report according to GAAP, Management, Segment, Geographic Region, Tax, and,” the list goes on. We’ve heard it all. Luckily, these reporting requirements don’t make us bat a lash. With BPC, you can satisfy any of your reporting requirements with relative ease through Multiple Hierarchies. Setup mileage varies, but after that, you can roll your reports as many ways as your organization requires.

Define Your Hierarchies

For example, if you’d like to look at the data in a difference hierarchy than the one coming from ECC, you would need an alternate hierarchy to view your reports. There are two types of hierarchies in BPC, Standard and alternate hierarchy. Standard hierarchies represent your organization’s structure and alternate hierarchies are for alternative reporting purposes.

You can even define hierarchies according to time. If you’d like to do a year-over-year comparison or define a report for past data, that’s possible with BPC. According to your defined groupings, BPC allows you to create any number of alternate hierarchies and report on that.

Let BPC Do the Rest

Once you’ve defined your hierarchies, BPC rolls your reports automatically. While we understand your financial organization’s concern over meeting all the reporting requirements, the concerns are largely based on the way reports were done before. Your outlook changes after a BPC implementation. With Multiple Hierarchies, you really can achieve reporting nirvana.



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Sucess Stories

PROCESS MANUFACTURING (Planning & Consolidation)
Business Growth – Needed to define common planning and reporting processes to eliminate region silos and thereby optimize global sales, pricing, transfer pricing, and operations
CONSUMER PRODUCTS GOODS (Planning & Consolidation)
Business Growth – Needed to define a centralized process for planning that incorporated the sales plan with production capabilities to better manage margin.
RETAIL (Planning & Consolidation)
Known for their trend setting ballet flats and forward thinking designs, this retailer is a fashion industry success story. Experiencing incredible success on the runway and in global markets, this company turned to SAP Business Planning and Consolidation (BPC) on HANA to provide a scalable financial planning, consolidation and reporting solution.
Upgrading SAP BPC to the HANA platform: Cintas run SAP ERP on HANA and needed to upgrade their SAP BPC 7.5 for financial consolidation and reporting from Microsoft SQL Server to the SAP HANA platform
ENERGY (Business Modeling)
Merger and Acquisition: ETP needed to manage multiple cultures, process, systems, and general ledgers from a series of merges and acquisitions, and generate meaningful budgets and forecast for company reports
Business Growth – expansion of manufacturing sites required enhanced planning, and potential acquisitions would require confidence in consolidation and reporting