Why Migrate to SAP Analytics Cloud from SAP BPC Planning?

25-Apr-2023
 

Why Migrate to SAP Analytics Cloud from SAP BPC Planning?

Business owners have relied on SAP Business Planning and Consolidation (BPC) as a trustworthy on-premise planning solution for many years. However, SAP has offered customers an alternate approach with SAP Analytics Cloud (SAC), a cloud-based analytics and planning program, in response to the growing trend towards cloud technology. Although SAP is committed to supporting and sustaining on-premise systems, many businesses that are still utilizing SAP BPC are running into several issues. For instance, SAP BPC’s user interface may be complicated and challenging to use, which may result in lower adoption rates and decreased user productivity. The efficiency of the overall planning process may also be hampered by the challenging and expensive integration process with other systems.

SAP Analytics Cloud, on the other hand, has several advantages that can help organizations plan more effectively. For instance, SAC offers a user-friendly interface that is simple to use and navigate, which can improve the user experience and boost adoption rates. Users can collaborate and work together in real time on the cloud-based platform from any location with an internet connection. Additionally, SAC provides predictive analytics capabilities that enable businesses to anticipate future trends, recognize potential hazards, and gain useful information for financial planning and budgeting.

SAP BPC has been a popular solution for financial planning, budgeting, and forecasting for many years. However, as technology advances and business needs change, it may be time for organizations to consider migrating to SAP SAC for their planning needs.

What is SAP BPC Planning?

The SAP BPC Planning is a solution that supports financial planning, budgeting, and forecasting. It offers several services, such as financial reporting, planning, and consolidation of finances. A comprehensive collection of capabilities offered by SAP BPC Planning can assist organizations in effectively managing their financial planning operations.

What is SAP Analytics Cloud (SAC) Planning?

A cloud-based planning solution called SAP Analytics Cloud (SAC) Planning offers several capabilities like collaborative planning, forecasting, and predictive analytics. SAC Planning offers real-time data reporting and visualization tools that can aid organizations in making more informed decisions.

Why Migrate to SAP Analytics Cloud from SAP BPC Planning?

Enhanced User Experience

The intuitive user interface of SAP Analytics Cloud is made to improve the user experience and boost user adoption rates. With the help of an interactive dashboard, customers can easily track key performance indicators (KPIs) and see trends while getting a thorough overview of their data. Users can freely customize the dashboard to suit their unique requirements and tastes. It takes less time and effort to navigate the system thanks to this feature, which enables users to quickly and effectively access the information they seek.

The interface of SAP BPC Planning, in comparison, might be complicated and challenging for non-technical users, which lowers adoption rates. For novice users, this complexity may mean a lengthier learning curve, which would decrease productivity and efficiency. Additionally, the lack of customization choices may restrict the system’s adaptability, making it challenging for users to acquire the precise data they require.

The user-friendly interface and customization options of SAP Analytics Cloud help to address these issues, improving the user experience and raising user adoption rates. As a result, the organization may experience an increase in productivity, enhanced decision-making, and better results.

Cloud-based Solution

Using a cloud-based solution like SAP Analytics Cloud gives several other advantages in addition to the advantages of accessibility and collaboration. For instance:

  • Scalability: Depending on the demands of the business, cloud-based solutions can simply be scaled up or down. This implies that you can easily and quickly add more users or resources to the system as your organization expands.
  • Cost-effective: Because there is no need to buy and maintain pricey gear, cloud-based solutions frequently have lower upfront costs than on-premise alternatives. Instead, the vendor manages the infrastructure while you pay a subscription fee for the software.
  • Automatic Updates: The vendor often updates cloud-based solutions automatically, ensuring that you always have access to the newest features and functionality without having to manually upgrade.
  • Data Security: To secure sensitive data, cloud-based systems frequently offer cutting-edge security features like encryption and multi-factor authentication. Data is also less susceptible to physical dangers like theft or natural catastrophes because it is kept in the cloud.
  • Flexibility: A range of devices, including computers, tablets, and smartphones, can access cloud-based applications. Users can work from any location, at any time, which can boost productivity and teamwork.

Integration with SAP S/4HANA

Businesses may benefit from innovative data visualization and predictive analytics abilities thanks to SAP Analytics Cloud, a comprehensive analytics solution. This platform is a potent tool for optimizing financial planning procedures thanks to its seamless interaction with SAP S/4HANA. By ensuring that data is consistent and up-to-date, this integration does away with the need for labor-intensive reconciliation procedures or human data entry.

In addition to its real-time data connection capabilities, SAP Analytics Cloud offers customizable planning and budgeting options. Users can create personalized planning models that are in line with their specific business objectives by simply incorporating data from a range of sources, including both internal and external data sets. This level of flexibility enables organizations to quickly alter their plans and forecasts in response to altering market conditions or corporate requirements.

SAP Analytics Cloud stands out as a more efficient and economical alternative to SAP BPC Planning, which may call for additional integration work. For companies wishing to streamline their financial planning procedures and gain a competitive edge in today’s quickly changing market, SAP Analytics Cloud is the clear front-runner thanks to its user-friendly interface, strong analytics capabilities, and easy connectivity with SAP S/4HANA.

Predictive Analytics

SAP Analytics Cloud offers a comprehensive selection of data visualization tools and dashboards in addition to its predictive analytics capabilities, making it simple for users to explore and analyze data in real time. Users may drill down into particular data points to acquire deeper insights thanks to the user-friendly interface and customizable dashboards, which make it easy to spot trends and patterns. The absence of predictive analytics capabilities in SAP BPC Planning, however, can restrict the scope of analysis and impede decision-making. In the current fast-paced business world, when precise forecasting and risk assessment are essential to staying competitive, this can be especially difficult.

Lower Total Cost of Ownership

SAP Analytics Cloud does away with the requirement for on-premise installations, which can be expensive to implement and maintain, in addition to having a subscription-based pricing structure. As a result, businesses may spend less time and money worrying about infrastructure expenditures, software updates, and system upkeep. They can instead concentrate on utilizing the platform to gather useful information and make wise choices.

In contrast, SAP BPC Planning needs to be installed on-premise, which can be expensive for organizations. This covers continuous maintenance and updates in addition to the price of buying and installing gear and software. Additionally, compared to cloud-based solutions, on-premise solutions are frequently less scalable and agile, making it more challenging for organizations to react to shifting business needs.

In Conclusion

Organizations may get a variety of advantages by switching from SAP BPC Planning to SAP Analytics Cloud.  Before choosing the best solution for their purposes, businesses should carefully assess their needs and requirements. Accely can assist you with the right planning solution in place. Contact us for more details!