Cost Center Planning and Accuracy Reporting
This SAP Analytics Cloud application allows your FP&A teams and department managers to easily collaborate and perform detailed expense planning across all departments in the organization. With automatic expense allocations and currency conversion, result is a complete expense plan and supporting reports.
Benefits
Detailed Forecasting
Enable your department managers to input expense budget and plan at a high level or at a detailed level. Easily allocate indirect expenses based on selectable drivers. Create a single source of the truth for operating expenses across the organization.
Increased Forecast Accuracy
Track and easily report on accuracy of the forecasts against actuals or forecast generated by predictive algorithms. Set different accuracy parameters by departments.
Leverage Predictive Forecasting
Use statistical algorithms to generate predictive forecast. Identify internal key influencers of your expenses or see the impact of external factors on your operating and non-operating expenses.
Connectivity to Multiple Sources
Connection to multiple SAP and Non SAP source systems enables you to get actual expense data from SAP S/4HANA, SAP BW/4HANA, SAP Business Planning and Consolidation, BW, Flat Files and many more.
Features
Expense Planning
Perform detailed level expense planning. Leverage the sub detail functionality to provide detailed breakdown and explanation of expenses in various expense accounts.
Expense Allocation
Easily allocate different indirect expenses based on selectable drivers such as square footage, headcount, number of PCs, etc. The solution allows for updates to driver values, perform allocations and view results, all in one page.
Forecast Accuracy Tracking and Reporting
Easily track and monitor forecast accuracy and hold managers accountable to their forecasts. Set different accuracy thresholds for different departments.
