SAP EPM | Learn and Master SAP ABAP - Software Development PDF Download

Introduction

SAP Enterprise Performance Management (EPM) is a suite of software applications from SAP that helps organizations plan, analyse, and monitor their financial performance. It offers a set of tools for budgeting, forecasting, financial consolidations, and financial reporting. It is composed of a set of applications which enable companies to manage their financial, operations and enterprise performance objectives. It consists of applications such as financial consolidation, profitability, and cost management, and provides analytics-based planning and forecasting capabilities.

Sub-modules of SAP EPM

Its submodules work together to provide a comprehensive solution for financial management, enabling organizations to create accurate financial plans and reports, consolidate financial data from multiple sources, optimize profitability, streamline financial reporting, align their strategy with their business goals and objectives, and manage their financial data from multiple sources.

• SAP Business Planning and Consolidation (BPC): BPC is an application for budgeting, forecasting, and financial consolidation. It provides a unified platform for financial planning and analysis and enables organizations to create accurate financial plans and reports.
• SAP Financial Consolidation (FC): FC is a submodule of SAP EPM that enables organizations to consolidate their financial data from multiple sources. It provides a comprehensive solution for financial consolidation, including intercompany reconciliation, currency conversion, and elimination of intercompany transactions.
• SAP Profitability and Cost Management (PCM): PCM is a solution that helps organizations optimize their profitability by identifying and managing the costs associated with various products, services, and business units. It provides a comprehensive view of costs and profitability drivers, enabling organizations to make informed decisions about resource allocation and pricing strategies.
• SAP Disclosure Management (DM): DM is a solution for financial reporting and disclosure management. It enables organizations to streamline the reporting process and reduce the risk of errors and inaccuracies. DM also provides a centralized repository for financial disclosures, making it easier to manage and track changes.
• SAP Strategy Management (SSM): SSM is a solution that enables organizations to align their strategy with their business goals and objectives. It provides a comprehensive framework for strategic planning and execution and enables organizations to monitor and measure their performance against their strategic objectives.
• SAP Financial Information Management (FIM): FIM is a solution that helps organizations manage their financial data from multiple sources. It provides a comprehensive framework for data integration, validation, and enrichment, enabling organizations to create a single, accurate source of financial information.