SAP Financial Planning & Analysis (FP&A)

What differentiates SAP Financial Planning & Analysis (FP&A) from other similar products?

When managing several member company reports, the tool is useful. With SAP consolidation enabled, the effort of combining all these reports has been significantly reduced. The monthly accounting and reconciliation tasks are completed more quickly, precisely, and with fewer manual tasks. Limited access is granted to users, aiding in data security.

What is your favorite aspect of this product?

The most beneficial aspect of SAP that I discovered was its customer support. Its financial advisors are clearly very knowledgeable because they provide multiple solutions to a single issue so that customers like us can select the best one. The risk alignment platform, which even premium financial services do not offer, is the second-best thing.

What do you dislike most about this product?

There is nothing to hate because it is simple to integrate the tools, support, and software into our organization. When we first started, the onboarding team did a fantastic job of getting us taught and pointing us in the direction of other self-training websites to continue our training.

What recommendations would you give to someone considering this product?

When I initially started using SAP, they were the only option for risk assessment in addition to the typical 8 questions on a sponsor's website. There are now additional players. I would advise conducting thorough research and contrasting SAP with the competition. I want to examine how the 95 percent fared given the most recent market decline brought on by the pandemic.

What differentiates SAP Financial Planning & Analysis (FP&A) from other similar products?

The best differentiating feature is it helps consolidating various subsidiaries and help reviewing its reports side by side.

What is your favorite aspect of this product?

It's good storage that help manage large volume of data and thus improving efficiency.

What do you dislike most about this product?

It is bit complex for new user. Also, sometimes support is not timely available.

What recommendations would you give to someone considering this product?

Overall it is a nice tool to use. If the organization have large volume of data then this is the good option.

What differentiates SAP Financial Planning & Analysis (FP&A) from other similar products?

SAP Financial Planning and Analyses product is just one solution in the market that allows us to integrate plans with strategy and operations and in res, we are achieving the best outcomes. It enforces consistency and accountability into our operations and provides us with accurate information so we can make confident decisions.

What is your favorite aspect of this product?

I love its all smart and fabulous features it bundles in a single solution. It's automated reporting, financial planning, modeling, budgets, and intelligent insights are all my favorite. To predict sales, find staff turnover patterns, and much more it offers us automated machine learning and integrated insights that accelerate my overall process and boost productivity and profitability. It allows us to drive agility in financial planning and also in execution.

What do you dislike most about this product?

While part of this was to be anticipated, the program is in some ways slow and inefficient. When loading a huge amount of data, it can be a little slower at times; it's not a massive latency, but it's noticeable.

What recommendations would you give to someone considering this product?

The SAP Financial Planning and Analysis tool allow businesses to examine what makes their businesses highly flexible in the face of adversity, as well as allow them to plan for change with backup and case planning. I strongly recommend SAP Financial Planning and Analyses tool to all businesses.