SAP Announces New Release Of BusinessObjects EPM Solutions

SAP India has announced the release of its latest version enterprise performance management (EPM) solutions- software that helps companies ensure decisions and actions are aligned with business aims. The 10.0 release moves EPM best practices beyond the finance department to managers throughout the company, helping people make risk-aware decisions that positively impact enterprise-wide performance.

As companies need to decide and act with increasing speed, now more than ever they need to ensure that all decision-makers are guided by the same game plan and have a full understanding of potential risks involved. The 10.0 release of SAP BusinessObjects EPM solutions fills this need by allowing users across the company to contribute to managing enterprise performance. The new release can also take advantage of SAP In-Memory Computing technology, enabling more detailed and agile planning scenarios that can dramatically increase people’s ability to sense and respond to changes as they occur- on any kind of device.

In addition, the 10.0 release encompasses the new SAP BusinessObjects Disclosure Management application, designed to establish a collaborative, flexible and compliant process for filing financial and non-financial statements and regulatory disclosures, as well as corresponding extensible business reporting language (XBRL) submissions. It helps organisations ensure a timely, accurate financial close process with decreased risk. Collaboration capabilities and integrated workflows let customers work quickly across organisational hierarchies, geographies and systems to manage approvals and deliver statements to stakeholders in required output formats.

SAP BusinessObjects EPM solutions are recognised by leading industry analysts as delivering one of the most complete and mature sets of solutions for the office of finance, spanning strategy management; planning, budgeting and forecasting; financial consolidation; and profitability and cost management. The 10.0 release, however, extends these leading EPM capabilities to new groups of users beyond the office of finance. In fact, many features of the new EPM release already power a number of newly launched SAP BusinessObjects analytic applications designed for role-specific users in diverse industries and lines of business.

Building on the previous release of the SAP BusinessObjects Spend Performance Management and SAP BusinessObjects Supply Chain Performance Management applications as well as a number of industry-specific planning applications from the SAP BusinessObjects portfolio, the 10.0 release encompasses new offerings such as the SAP BusinessObjects Sales and Operations Planning rapid-deployment solution, which helps sales and operations teams establish a single, unified plan to drive their businesses forward. Using the SAP BusinessObjects Planning and Consolidation application, it provides an easy-to-implement tool for consolidating data, supplying predefined analytics and managing sales and operations planning processes.

“The new release of our EPM solutions and analytic applications in India reinforces our market leadership and brings SAP’s vision for business analytics to a full circle,” said Maneesh Sharma, Head-Business Analytics and Technology, SAP India. “Business Intelligence is becoming relevant to the Indian organisation. With this launch, SAP will deliver solutions that will help individuals, teams and entire business networks unlock valuable knowledge to uncover new opportunities, anticipate change and make better decisions as a whole to achieve remarkable results.”