The SAP BusinessObjects Planning and Consolidation application can help unify and streamline the planning, budgeting, and forecasting process, and can enable a faster close. Finance-owned and maintained, the application unifies planning, financial consolidation, and management reporting for the enterprise-which can improve budget cycle times, drive compliance with regulatory and financial standards, help reduce external audit costs, instill confidence, and reduce business risk.
With SAP BusinessObjects Planning and Consolidation, functionality companies need to meet their bottom-up and top-down financial and operational planning requirements, as well as complete consolidation and reporting, is available through a single, unified application and user interface.
Companies can benefit from the following advantages:
- Improved agility-quickly model new business scenarios and decide on a course of action that maximizes value creation.
- Reduced cycle time-finance and line-of-business managers can collaborate in a unified landscape, streamlining the process of creating and approving plans, budgets, and forecasts.
- Minimized business and compliance risk-transparent financial data and a single version of the truth enable fast, accurate management and statutory reporting.
- Increased user productivity-an intuitive interface and familiar office tools help workers make the most of their time.