BPC Made Simple
BPC Made Simple is our rapid adoption and alignment method for Financial Planning and Analysis (FP&A) supported by SAP Business Planning and Consolidation (BPC). FP&A requires different elements to generate sustainable results, which are not always obtained in a traditional implementation process.
Basic modeling for Planning and Forecasting
Advanced modeling for Planning and Forecasting
Bridge to success
Legal consolidation preconfigured
Valorytics (Real Time ROIC Valuation)
We adapted The IMA Management Accounting Competency Framework so management accountants partner in planning and decision making, create comprehensive BPC implementation and provide expertise in financial reporting and control.
This Framework is not just used as guidance for talent management and career development within the profession but as a core structure refine a failed BPC implementation.
In our approach, we follow Management Accounting Principles. They are a set of statements that describe the fundamental values, qualities, norms and features to which management accounting professionals should aspire, and that represent best practice.
There are three main principles, underpinned by the professional values of management accountants.
1. Communicating with impact
Objective – To drive better decisions about strategy execution at all levels. This involves communicating the results of scenario analysis in a manner that is tailored to the decision being considered as well as to the decision-makers (or other audiences). It requires breaking down complexity and transparency about how conclusions have been reached.
2. Modeling value creation
Objective – To simulate different scenarios that demonstrate the cause-and-effect relationships between inputs and outcomes. This requires a thorough understanding of the business model and a wider macro- economic environment. It involves the analysis of information along the value creation path, the evaluation of opportunities within this context, and a focus on the risks, costs, and value of possibilities.
3. Preparing relevant information
Objective – To ensure that organizations plan for their information needs when creating tactics for execution. This involves the identification, collection, validation, preparation and storage of information. It requires achieving an appropriate balance between • Past, present and future-related information. • Internal and external information. • Financial and non-financial information.